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Olympus meets filing deadline to avoid delisting

Scandal-hit Olympus on Wednesday filed its delayed earnings report to the Tokyo Stock Exchange, avoiding an automatic delisting that would have wiped out the value of the 92-year-old company. Shortly after the Tokyo bourse closed for the day, the company revealed it had lost 32.3 billion yen ($414 million) in the first half…

Alleged ‘Anonymous’ hacker arrested for attack on Gene Simmons website

A man accused of being part of the hacking group Anonymous was arrested on Tuesday on charges of attacking the website of Kiss frontman Gene Simmons. Kevin George Poe, 24, was arrested in Connecticut and ordered to appear in court in Los Angeles, the U.S. Attorney’s office in Los Angeles…

Microsoft co-founder unveils space travel plans

WASHINGTON — A giant airplane that can in mid-flight launch a rocket carrying cargo and humans into orbit is the future of space travel, billionaire philanthropist and Microsoft co-founder Paul Allen said on Tuesday. The first test flight of the ambitious venture by Allen’s new company Stratolaunch Systems is not…

U.S. panel seeks ban on all phone use while driving

WASHINGTON — The top US transportation safety body recommended Tuesday that all 50 US states impose a strict ban on the use of cellphones — both hand-held and hands-free — while driving. “No email, no text, no update, no call is worth a human life,” National Transportation Safety Board chief…

Group leading boycott of Muslim show hacked, threatened by ‘Anonymous’

A little known Christian group that’s been leading a boycott of a reality television show about American Muslims saw their website hacked and defaced last night by an unknown person claiming to be part of the hacker activist group “Anonymous.” The hacker said they had obtained all of the Florida…

Apple in talks to buy Anobit for $400-$500 million: report

JERUSALEM (Reuters) - Apple Inc is in talks to buy Israel’s Anobit, a maker of flash storage technology, for as much as $500 million, according to a report published on Tuesday. The Calcalist financial daily said Apple is in advanced negotiations to buy Anobit for $400 million to $500 million. Anobit has developed a chip…

Shoulder-mounted lasers, long range Tasers among new U.K. riot gear

The British have long been at the forefront of police state technology, with more cameras in London than any other city in the world. The city has even been called the “spy capital of the world,” thanks to its all-encompassing surveillance systems, which enable government minders to speak directly to people…

Pincus makes power play with Zynga IPO

(Reuters) – For years, a group of about 20 guys would gather in San Francisco’s Golden Gate Park or the neighboring Presidio Park for weekend games of soccer. Among them was a man whose 5-foot 6-inch stature belied his ruthless competitiveness and who was usually accompanied by his American bulldog,…

App helps unemployed with job search

NEW YORK (Reuters) – Facebook, the social networking site, is probably not the first place that comes to mind when contemplating new career opportunities. But Monster.com, the career search website, hopes to change that with BeKnown, a professional networking app that allows users to build their professional identities within Facebook.…

Cyber attacks could wreck world oil supply

DOHA (Reuters) – Hackers are bombarding the world’s computer controlled energy sector, conducting industrial espionage and threatening potential global havoc through oil supply disruption. Oil company executives warned that attacks were becoming more frequent and more carefully planned. “If anybody gets into the area where you can control opening and…

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