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Internet bosses woo world leaders at ‘e-G8′

PARIS (AFP) – The world’s most powerful Internet and media barons gather in Paris on Tuesday in a show of strength to leaders at the G8 summit, amid international rows over online access, copyright and regulation. Top executives from online giants like Google, Facebook and Microsoft will tout the economic…

Advocacy group pushes back on government wiretapping

A communications public advocacy non-profit, the Electronic Frontier Foundation, has filed a Freedom of Information Act request, demanding that the Department of Justice explain why the government can access citizen phone records and other private information. The Electronic Communications Privacy Act (ECPA) has been controversial since it was implemented in…

Apple fans react to computers like religion: BBC

Neurological research has found that fans of Apple computers and products react to the company’s gadgets in the same way religious zealots react to images of their deity. The two groups — Apple fanatics and religious followers — were both monitored with an MRI and shown the images, CNN reported.…

IBM tops Microsoft in market value, then slides back

NEW YORK — IBM briefly topped Microsoft in market value on Wall Street on Friday to become the second-largest technology company after Apple. But IBM shares lost 0.25 percent to close at $170.16, giving the New York-based company known as “Big Blue” a market capitalization of $206.1 billion. Microsoft shares…

Sony’s Internet service in Japan gets hacked, points stolen

NEW YORK/HELSINKI (Reuters) – Sony Corp has been hacked again. So-Net, the Internet service provider unit of Japan’s Sony, alerted customers that an intruder broke into its system and stole virtual points from account holders worth $1,225. This latest setback comes after personal information of some 100 million Sony user…

Battle lines drawn as Europe, developing world angle for IMF’s top post

WASHINGTON (AFP) – Battle lines were shaping up over the choice of a new leader for the International Monetary Fund on Friday as the Fund’s board searched for a successor to Dominique Strauss-Kahn. European nations have moved to keep their lock on the IMF’s top job after Strauss-Kahn said early…

Chrysler details plan to pay off government loans

CHICAGO — Chrysler on Thursday detailed a $7.5 billion refinancing plan that will allow it to pay off government loans and expand Fiat’s stake in the US automaker. Chrysler said the $3.2 billion bond issuance, $4.3 billion in loans and the Fiat equity investment will close on Tuesday. Chrysler and…

Gore: Murdoch banned Current TV in Italy because we hired Olbermann

An Italian cable provider owned by billionaire media mogul Rupert Murdoch has kicked the Current TV network off the air following the channel’s announcement that former MSNBC liberal news host Keith Olbermann would be joining their lineup. Current TV founder Al Gore, the former vice president of the United States,…

China copyright violations costs almost a million jobs

BIG SKY, Montana — US firms could support nearly one million more jobs if China stopped intellectual property violations, a study said, leading US lawmakers to call for a tough line with Beijing. In a report requested by senators, the US International Trade Commission surveyed US businesses and estimated that…

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