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AOL joins iPad news reader race with Editions

AOL, the one-time Internet star seeking to reinvent itself as a major media player, is joining the craze for personalized news readers for tablet computers. The Internet and media firm, which purchased The Huffington Post in February for $315 million to serve as the flagship of its media fleet, launched…

Former Swiss banker charged with hiding $215 million for U.S. taxpayers

A former UBS banker has been charged for conspiring to hide more than $215 million for US taxpaying clients in undeclared Swiss accounts. Gian Gisler allegedly opened and managed more than 60 hidden accounts on behalf of over 38 US taxpaying clients, the Justice Department said. Beginning in the mid-1990s,…

Online job index down in July, still up from 1 year ago

NEW YORK (Reuters) – A gauge of online labor demand in the United States grew in July compared to a year earlier, but dipped on a monthly basis as the need for employees slowed in the summer months, a private research group said on Friday. Monster Worldwide Inc, an online…

World stocks dive amid fresh recession fears

Global stocks plunged on Friday on the increasing prospect of a sharp economic downturn, with attention focused on US jobs data, widely expected to deepen the gloom of flagging growth and eurozone debt. European stock markets initially dived 3.0-4.0 percent after heavy falls in Asia and on Wall Street as…

Asia markets plunge amid recession fears

Asian stock markets plummeted on Friday following carnage in the US and European markets amid fears the world was heading towards another financial crisis. Already-fragile investor confidence was hammered by more weak US economic data and a warning from the head of the European Commission that the eurozone debt crisis…

Sony wins ‘Most Epic Fail’ at ‘Pwnie’ hacking awards

LAS VEGAS — Japanese entertainment titan Sony had the dubious honor of winning a “Most Epic Fail” award Thursday at a prestigious Black Hat gathering of computer security professions in Las Vegas. Sony and hacked computer security powerhouse RSA were mockingly honored with Pwnies, annual awards named in a reference…

‘N00ter’ software detects network neutrality violations

LAS VEGAS — Computer security star Dan Kaminsky has revealed plans to release software that will track whether Internet service providers are favoring some websites or content over others. Kaminsky crafted his free “N00ter” software to expose whether Internet service providers (ISPs) are being honest with customers when it comes…

US stocks plunge, Dow falls more than 500 points

The Dow Jones Industrial Average plunged 4.3 percent Thursday, its worst one-day drop in more than two years, as global markets melted down over fears of another world economic downturn. The Dow was down 512.76 points to 11,383.68; the broader S&P 500 lost 4.8 percent to 1,200.07, while the tech-heavy…

U.S. markets plunge; Dow loses 500 points

Update: Just minutes from the closing bell, the Dow was down about 500 points. US stock markets plunged Thursday, as worries over global growth grew following a rout in Europe’s markets driven by sovereign debt fears and more poor US data pointing to the economy stalling. At 1600 GMT the…

DHS calls Anonymous hackers untalented ‘script kiddies,’ warns of future attacks

A Department of Homeland Security threat assessment released publicly this week labels hackers with the online protest group “Anonymous” as possessing only “rudimentary” hacking skills, calling them “script kiddies” who use exploits created by others to break into secured systems. However, the department warns that a more talented faction of…

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