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Chairman says Samsung to focus on new products

South Korea’s Samsung Electronics will this year focus on developing new products and tapping into new businesses to get ahead of competitors amid the global economic slowdown, its chairman said Monday. Lee Kun-Hee, in a New Year’s speech to employees, said existing businesses would experience a stagnation in growth, and that new…

Spammers propel India to junk-mail top spot

MUMBAI — India has emerged as the world’s top source of junk mail as spammers make use of lax laws and absent enforcement to turn the country into a centre of unsolicited email. A recent report by Kaspersky Lab, a Moscow-based global Internet security firm, says more spam was sent…

Greying Singapore taps robots, games in rehab

Six months ago, Singaporean retiree Soon Eng Sam, 70, suffered a stroke that paralysed the left side of his body. Bedridden for three months, he has regained some limb functions on the affected side through conventional physical therapy but now hopes to hasten his recovery with the help of new gadgets designed…

Long-awaited Facebook IPO looms in New Year

Facebook co-founder and chief executive Mark Zuckerberg has deflected talk of going public for years but it looks like it is finally going to happen in 2012. “The Facebook IPO will be the biggest financial event in the tech industry for 2012,” Forrester Research analyst Josh Bernoff said, and one…

Celebrities may temper Twitter comments after 2011 blunders

LOS ANGELES (Reuters) – Celebrities may resist the urge to send a stream of consciousness on Twitter in the new year, after famous people tweeted their way into trouble on everything from boxer briefs to breast-feeding in 2011. NASCAR driver Kasey Kahne became the latest celebrity to blunder on Twitter,…

Video game industry still supports anti-piracy bill

Despite a flurry of reports suggesting that the world’s largest video game companies have dropped their support for the controversial Stop Online Piracy Act (SOPA) — a bill which critics say could break the fundamental structure of the Internet in the U.S. — that assumption appears premature. The Internet was…

Computer hackers plan to protect the internet by launching own satellites

Forget science fiction — this one sounds like pure fantasy — but hackers at the Chaos Communication Congress in Berlin are dreaming of creating their own network of communications satellites and ground stations to forestall any attempt to control the internet. They’d also like to put a hacker on the…

U.S. still spending billions on Reagan’s ‘Star Wars’ missile defense

WASHINGTON — Boeing won a $3.48 billion contract Friday to retain its leading role in building a US shield against long-range ballistic missiles, defeating rival Lockheed Martin Corp., officials said Friday. The US Missile Defense Agency announced the decision for the seven-year contract in which Boeing will test, engineer and…

Verizon gives up on $2 payment fee after customers rage

WASHINGTON — Leading US wireless carrier Verizon Wireless backed down Friday on instituting a $2 charge for people paying their bills by credit card after a sweeping popular backlash over the plan. The reversal just one day after announcing the fee came also after the industry regulator, the Federal Communications…

Stratfor hackers publish email, password data

Boston (Reuters) – Hackers affiliated with the Anonymous group published hundreds of thousands of email addresses they claimed belong to subscribers of private intelligence analysis firm Strategic Forecasting Inc. The list, published late on Thursday, includes email addresses appearing to belong to people working for large corporations, the U.S. military…

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