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New payment app aims to make shopping easier

TORONTO (Reuters) – Ready to ditch your wallet, cash and credit cards? A mobile payment app lets users make purchases with their smartphone without taking the device out of their pocket or purse. Developed by electronic payment startup Square, the app called Card Case allows customers to pay for products and services at…

Internet keeps government honest: Google chief

HONOLULU, Hawaii — Broader adoption of the Internet will keep governments on their toes as wired-up citizens exercise their newfound power to check rights abuses, Google chief Eric Schmidt said on Saturday. “In nations and communities around the world, citizens are turning to online tools to keep their governments honest,”…

Austrian student takes on Facebook

VIENNA — Austrian law student Max Schrems may be just one of about 800 million Facebook users, but that hasn’t stopped him tackling the US giant behind the social networking website over its privacy policy. The 24-year-old wasn’t sure what to expect when he requested Facebook provide him with a…

‘Call of Duty’ has $400 million in sales on first day

(Reuters) – Activision Blizzard’s “Call of Duty: Modern Warfare 3″ video game racked up more than $400 million in sales on its first day in stores in the United States and the United Kingdom. Activision said in a statement on Friday its biggest holiday title had sold 6.5 million units,…

Private equity takes two approaches to Yahoo: sources

NEW YORK (Reuters) – Private equity firms including KKR and TPG Capital are looking to potentially buy minority stakes of up to 20 percent in Yahoo Inc with an eye to eventually taking over the whole company, people with knowledge of the situation said. These buyout firms have signed confidentiality…

Video gaming gets back to roots in Paris show

From the 1970s table-tennis game “Pong” to the fast-paced, total-immersion of modern-day hits like “Call of Duty”, a new show retracing the four-decade history of the video game opened Thursday in Paris. Visitors can try their hand at some 80 titles at the show, “Game Story”, which runs until January…

Judge rules Twitter must hand over user info in WikiLeaks probe

A district court judge in Virginia ruled Thursday that U.S federal investigators can collect the private records of three Twitter users as part of its investigation related to WikiLeaks. The judge also refused to unseal court documents that would indicate whether other Internet companies have been ordered to turn over…

Facebook near privacy settlement with FTC: report

WASHINGTON — Facebook will agree to independent privacy audits for 20 years under a proposed settlement with US regulators over changes to its privacy settings, The Wall Street Journal reported Thursday. The newspaper, quoting people familiar with the situation, said the proposed settlement is awaiting final approval from the commissioners…

If Jane Austen lived today, she’d be a blogger: editor

TOKYO (Reuters) – Dear reader, if Jane Austen lived today, she’d be an avid blogger, she’d be on Facebook, and of course she’d also be tweeting away — but mostly about other people, not herself. That’s because Austen had a passionate fascination with people and what made them who they…

Adobe throws in towel on Flash in software war with Apple

NEW YORK (Reuters) – Adobe Systems Inc halted development of its Flash Player for mobile browsers, surrendering to Apple Inc in a war over Web standards as the company surprised investors with a restructuring plan. While the matter might seem like inside baseball for the average person, it is likely…

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