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Hedge fund demands five seats on AOL board of directors

NEW YORK — A US hedge fund with a large stake in AOL laid claim on Friday to five seats on the board of directors of the Internet company and criticized the strategy of the current management. Starboard Value said in a letter to the AOL board it was “troubled…

‘Anonymous’ hackers target private prison contractor

Hacker group Anonymous on Friday vandalized the website of a major US prison contractor in the latest salvo in an anti-police campaign. Anonymous subgroup “Antisec” took credit for replacing The Geo Group website home page with a rap song dedicated in part to convicted murderer Mumia Abu-Jamal and a message condemning prisons and policing in the…

Privacy advocates worry online advertisers will sneak around ‘Do Not Track’ rule

Following the White House’s announcement of support for new one-click Internet privacy rules, electronic privacy advocates warned Raw Story that online advertisers who claim support the new standards might not actually be keen on giving up their most valuable metrics. Experts who spoke to Raw Story this week warned that…

Hackers dog Los Angeles Police Canine Association

SAN FRANCISCO — Members of hacker group Anonymous took credit Thursday for an online raid of the Los Angeles Police Canine Association and the posting of personal and potentially embarrassing information. “Over the past three weeks, we in the cabin have been targeting law enforcement sites across the United States,”…

Secret documents reveal DHS lied about tracking Americans on social media

One of the nation’s leading electronic privacy groups claimed this week that the Department of Homeland Security (DHS) misled members of Congress during a recent hearing on whether the Department is paying a defense contractor $11.4 million to keep tabs on protected free speech and dissent against government policies on…

Google’s virtual reality glasses coming in 2012: report

Search giant Google is about to take a quantum leap into next generation mobile computing with the forthcoming introduction of virtual reality glasses, according to people familiar with the project who spoke to The New York Times this week. The glasses are expected to cost between $250 and $600, the…

Lego owners buy major stake in German wind power project

COPENHAGEN (Reuters) – The family holding company that controls Danish toymaker Lego has agreed to buy 32 percent of a German offshore wind energy project from Denmark’s DONG Energy for more than $500 million, DONG said on Thursday. DONG Energy said Lego Group’s parent company Kirkbi A/S would invest 3…

White House unveils ‘one click’ online privacy plan

The White House unveiled an online privacy proposal Thursday intended to allow Web users to easily opt out of being tracked on the Internet. The “Consumer Privacy Bill of Rights” has received the backing of leading Internet companies and online advertising networks and would involve a simple “one click” setting…

Low-wage Facebook contractor leaks secret censorship list

A secret list curated by social network giant Facebook was published online recently after an employee for one of the company’s third-world contractors, upset at his poor working conditions and meager wage, decided to fight back. The document reveals exactly what Facebook’s censorship brigade looks for on the social network,…

Nokia to unveil cheaper Windows smartphone

HELSINKI (Reuters) - Nokia will next week unveil a new, cheaper smartphone using Microsoft’sWindows Phone software, targeting a wider market for its new range of smartphones, two sources close to the company said. Cheaper phones are the key for Nokia and Microsoft in their battle to win a larger share of the market, analysts…

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