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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…

Doomed teen Ben Breedlove shares life after death experiences on YouTube

CHICAGO — A week before Ben Breedlove died of a heart attack, the Texas teenager posted a remarkable video describing the peace and bright lights he’d found the other times his heart stopped. Breedlove, 18, tells his story with simple note cards and the occasional smile, sitting close to the…

Google top U.S. Web destination in 2011: Nielsen

WASHINGTON — Google was the most-visited Web destination in the United States in 2011, followed by Facebook and Yahoo!, industry tracker Nielsen said Thursday. Google received an average of 153.4 million unique US visitors a month from home and work computers, according to Nielsen. Facebook notched up 137.6 million unique…

Stratfor delays website launch after hack attack

The website of Strategic Forecasting, also known as Stratfor, has been offline for several days following the hacking attack. “As part of our ongoing investigation, we have also decided to delay the launching of our website until a thorough review and adjustment by outside experts can be completed,” Stratfor said…

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