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Mind reading machines on their way: IBM

Century-old technology colossus IBM depicted a near future in which machines read minds and recognize who they are dealing with. The “IBM 5 in 5″ predictions were based on societal trends and research which the New York State-based company expected to begin bearing fruit by the year 2017. “From Houdini…

AT&T drops $39 billion bid to buy T-Mobile USA

(Reuters) – AT&T said it had agreed with Deutsche Telekom to drop its $39 billion bid to buy the German company’s U.S. wireless unit amid increasing regulatory obstacles to the planned deal. AT&T said in a statement on Monday that it will enter a roaming agreement with Deutsche Telekom. AT&T’s…

Lingerie retailer plans post-Arab Spring expansion in Middle East

Canadian retailer La Vie en Rose has discovered an unexpectedly strong demand for its frilly, sexy lingerie among Muslims and is planning a major expansion in Arab countries. Beneath their abayas and veils, women in Arab countries are apparently wearing the same risque lingerie as women in Canada. Saudi women…

10,000 unpublished cables found on computer used by Bradley Manning

A US Army investigator said Monday that 10,000 State Department cables found on a computer used by Bradley Manning were apparently not passed on to WikiLeaks because they were in a corrupted file. Manning, a 24-year-old army private, is accused of giving WikiLeaks a massive cache of US military reports…

MIT to offer labs, certificates to virtual students

BOSTON (Reuters) – The Massachusetts Institute of Technology is developing technology that will allow students taking courses online to use simulated labs, interact with professors and other students, and earn certificates. “The driver is to reach everyone out there who can’t be here,” MIT Provost Rafael Reif said on a…

Apple supplier Pegatron hit by China plant blast

TAIPEI (Reuters) – Apple Inc supplier Pegatron Corp reported an explosion at a subsidiary’s plant in Shanghai over the weekend that it said had injured 61 workers, the latest in a series of incidents that have spotlighted safety concerns at factories in China. Pegatron Chief Financial Officer Charles Lin told…

Saudi’s Prince Alwaleed buys Twitter stake

DUBAI (Reuters) – Saudi billionaire Prince Alwaleed bin Talal, an investor in some of the world’s top companies, on Monday unveiled a $300 million stake purchase in fast-growing microblogging site Twitter, gaining another foothold in the global media industry. Alwaleed, a nephew of the Saudi king with a personal net…

Silver Lake, Microsoft working on new Yahoo stake offer: source

(Reuters) – A consortium of private equity group Silver Lake, software giant Microsoft Corp and venture capital firm Andreessen Horowitz are reworking their bid for a minority stake in Internet company Yahoo Inc, a source familiar with the matter said on Friday. Silver Lake’s consortium is working on a new…

Anonymous declares war on Congress with #OpAccountable

The National Defense Authorization Act for 2012 has been assailed by civil libertarians for its provisions which allow for the indefinite detention of American citizens without trial. Now the hacktivist collective Anonymous has joined the battle in its own distinctive manner, declaring war on the members of Congress who voted…

Talks on anti-piracy bill adjourn until 2012

Rep. Lamar Smith (R-TX), the Republican behind a controversial piece of legislation that would shut down any website accused of copyright infringement, abruptly adjourned a marathon session of the House Judiciary Committee on Friday as it was considering marking up the bill. After roughly 14 hours of debate spanning two…

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