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Hitachi to stop making televisions

Japanese high-tech giant Hitachi said it will stop making televisionsby the end of September as intense price competition hurts TV earnings at many electronics manufacturers worldwide. Hitachi will “terminate television production by the end of September” in Japan, said Sayori Nishino, a company spokeswoman, having already outsourced overseas TV manufacturing to foreign firms in 2009. But it will still…

Megaupload founder denies piracy, demands release

The founder of file-sharing site Megaupload.com appeared in a New Zealand court Monday demanding to be released from prison and denying he had done anything illegal. A judge reserved a decision until at least Tuesday on Kim Dotcom’s bail application as details emerged of his lavish champagne lifestyle involving fast…

Apple supplier chief compares workers to ‘animals,’ company apologizes

Taiwan technology giant Foxconn has apologised over comments by chief Terry Gou allegedly comparing workers to animals, according to a report. Gou drew criticism on online news forums and discussion sites after he was quoted by Taiwanese media as saying “I have a headache how to manage one million animals”…

Firm stops file sharing after Megaupload case

(Reuters) – FileSonic, a website providing online data storage, has disabled its file sharing services following a U.S.-led crackdown on a rival website and amid heated debate over Washington’s attempts to clamp down on online piracy. Police in New Zealand and Europe have made a number of arrests in recent…

Pot-based prescription drug could receive FDA approval

A British pharmaceutic firm is completing clinical trials of a drug derived directly from marijuana and hopes to receive approval to market it from the Food and Drug Administration by the end of 2013. The drug, which contains both THC and cannabidiol, has already been approved in Canada, New Zealand,…

EU urges balance between Internet freedom and copyright

Governments must strike a balance between policing the Internet to protect copyright and upholding freedom of expression, EU justice commissioner Viviane Reding said on Sunday. Reding was reacting to a US crackdown on hundreds of websites accused of offering pirated music or movies or counterfeit goods, as well as calls…

NinjaVideo co-founder gets 14 months in prison for copyright infringement

The co-founder of a website that allowed users to watch streaming videos of TV shows, movies, and documentaries has been sentenced to 14 months in prison, the U.S. Department of Justice announced Friday. Twenty-four-year old Matthew David Howard Smith, also known by the online alias Dead1ne, plead guilty to criminal…

Jobs family absent from Disney board despite largest stake

(Reuters) – When Disney shareholders vote to re-elect directors at its annual meeting in March, neither Steve Jobs’ wife nor a representative from his trust will be present on the ballot, even though it is the media company’s largest shareholder. According to Walt Disney Co’s proxy, filed on Friday, directors…

‘Anonymous’ hackers attack Brazilian websites

The computer hacker group Anonymous attacked websites of Brazil’s federal district Saturday as well as one belonging to aBrazilian singer to protest the forced closure of Megaupload.com. Anonymous posted messages on Twitter describing attacks against hundreds of Brazilian sites that share the URL ‘df.gov.br,’ which are owned by the government of the federal…

‘Anonymous’ hackers briefly hijack French presidential website

The shadowy online hackers group Anonymous briefly hijacked the French presidential website on Friday in apparent retaliation for the US shutdown of file-sharing site Megaupload. The slogan “We Are Legion,” the group’s online rallying cry, was inserted into the navigation bar of the official Elysee site’s (www.elysee.fr). Before the end…

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