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Yahoo names ex-PayPal boss Thompson new CEO

NEW YORK — Yahoo on Wednesday named PayPal’s Scott Thompson its new chief executive, saying he would recharge growth at the Internet giant that has been losing the battle over online ads. Thompson said he aimed to boost Yahoo reader traffic to attract more advertisers, arguing that the company’s assets…

Internet piracy now a religion in Sweden

A group of people related to the Swedish Pirate Party claimed this week that the state has officially sanctioned “Kopimism” as a legitimate religion, granting them the freedom to carry out their holy sacrament of copying information from the Internet. (Update: Reached for comment by Raw Story, Swedish authorities with…

Yahoo to name new CEO

(Reuters) - Yahoo is poised to name PayPal President Scott Thompson as chief executive after firing former CEO Carol Bartz in September, website AllThingsD reported, citing sources close to the situation. Former Web powerhouse Yahoo is undergoing a strategic review as it struggles to compete with newer heavyweights Google and Facebook. It has been run by interim CEO and former chief financial…

Air travel safer than ever: industry report

PARIS — Air travel has never been safer despite the steadily rising number of passengers worldwide, with one lethal accident per some 1.5 million flights in 2011, a new report released Tuesday revealed. More than 2.8 billion people took to the skies last year in some 38 million flights, according…

Chinese firm makes Steve Jobs action figure

SAN FRANCISCO — A China-based company plans to begin shipping a realistic-looking Steve Jobs action figure in February. It remains to be seen whether Apple will take to the courts to block In Icons from selling the 30.4-centimeter (one foot) tall dolls crafted in the image of the renowned California…

Annual Wikipedia fundraising hits new high

SAN FRANCISCO — An annual Wikipedia fundraising campaign ended Tuesday with donors around the world pumping a record $20 million into the foundation that runs the free online knowledge repository. Non-profit Wikimedia Foundation launched the campaign in November, getting an early boost in the form of a $500,000 grant from…

BlackBerry maker vows privacy safeguard amid probe

OTTAWA — Research In Motion vowed Tuesday to defend the legal privacy rights of BlackBerry users after a judicial commission in Pakistan ordered copies of smartphone communications in a scandal probe. The Canadian firm reacted to news that a Pakistani commission was seeking records for a probe into an unsigned…

Twitter admits verifying account spoofing Murdoch’s wife

Twitter announced on Tuesday that it had mistakenly verified an account spoofing Wendi Deng, the wife of conservative media mogul Rupert Murdoch. “We can confirm that the @wendi_deng account was mistakenly verified for a short period of time and apologize for the confusion this caused,” the site’s communication team tweeted.…

Federal judge rules FBI didn’t need warrant to plant GPS tracking device

The FBI did not need to obtain a warrant before secretly planting a GPS tracking device underneath the car of a St. Louis City Treasurer’s Office employee accused of stealing public money, a federal judge has ruled. Fred Robinson was indicated in September on one count of wire fraud and…

‘Saudi hacker’ publishes Israeli credit card details

A self-defined Saudi hacker claimed he had published details of 400,000 Israeli-owned credit cards online, but the card firms on Tuesday insisted that only 14,000 cards had been affected. Details of the hack were exposed late on Monday in a statement posted on an Israeli sports website. “Hi, It’s 0xOmar…

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