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Former BitTorrent exec. among tech experts slamming ‘civil liberties violations’ in CISPA

A former executive at BitTorrent, Inc. known for inventing a highly successful credit card fraud detection technology has joined 50 other Internet professionals, educators, engineers, policy makers and entrepreneurs in beseeching Congress to abandon a bill that would merge corporate networks with the National Security Agency (NSA). That bill, the…

Netflix takes $100 million loss as subscriber base increases

Losses at Netflix’s operations outside the US ballooned to more than $100m (£62m) in the first quarter, as the impact of its launch in the UK & Ireland hurt financially but fuelled growth of 1.2 million subscribers. Netflix reported a global loss of $5m as its US operation, which accounts…

U.S. commission says Xbox infringes Motorola patents

The US International Trade Commission (ITC) issued a preliminary ruling that Microsoft infringed on Motorola Mobility patents in its hit Xbox 360 videogame consoles. Administrative law judge David Shaw on Monday backed four out of five Motorola claims that the company’s intellectual property was usurped in Xbox software for tasks such as efficiently moving video files or connecting wirelessly to the…

Facebook beefs up patent arsenal ahead of IPO

Facebook struck a $550 million deal to get its hands on hundreds of AOL patents from Microsoft as the social network hardened its defenses before it goes public on the Nasdaq. Facebook will pick up around 650 of the 925 patents Microsoftbought earlier this month in an auction from AOL in a nearly $1.1…

Facebook profit slips ahead of stock market debut

SAN FRANCISCO — Facebook reported Monday that its quarterly profit slipped to $205 million despite a surge in revenue as it bumped up research and promotion expenses ahead of its stock market debut. Facebook said its net income in the quarter ended March 31 dipped from the $233 million logged…

Ron Paul: Corporations will ‘act as government spies’ under CISPA

Presidential candidate Ron Paul, a Republican Congressman from Texas, has emerged as the leading opponent of the Cyber Intelligence Sharing and Protection Act (CISPA), widely billed as a follow-up to the Stop Online Piracy Act (SOPA), a controversial set of Internet regulations killed earlier this year by an online mass…

U.S.-backed Internet restrictions could be destroyed in France

François Hollande, the French socialist candidate expected to best President Nicholas Sarkozy following the national runoff election held Sunday, told national media recently that he would replace the country’s harsh Internet restrictions with a wholly different scheme that strengthens the relationship between artists and their fans. The French Internet law,…

Brother accuses Samsung boss of being greedy

The elder brother of Samsung Electronics chairman Lee Kun-Heesaid Monday he would not drop his lawsuit over a family inheritance and accused his sibling – South Korea’s richest man — of being greedy. “Kun-Hee has aggravated a discord among brothers, always taking care of his own gain,” Lee Maeng-Hee, 80, said in a statement released through…

‘Pirate’ religion of Kopimism arrives in the U.S.

Sweden’s Missionary Church of Kopimism, which was founded in the fall of 2010 and granted official recognition by the Swedish government this past January, has already established branches in eighteen countries, including the United States. Now the upstart religion is beginning to attract mainstream attention. Kopimism is currently featured in…

Military spends $120 million on ‘pain ray’ that it can’t deploy

Remember the old joke about “what if they gave a war and nobody came?” It’s not quite as dramatic, but the Pentagon has invested $120 million dollars over the last fifteen years in an “Active Denial System” that nobody wants to use. The military claims that its so-called “pain ray,”…

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