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Banks wrestle with no-default help for Greece

Leading banks were meeting in Paris on Wednesday on how to support a new rescue for Greece, their spokesman told AFP shortly after a rating agency issued a new warning and another downgraded Portugal. The critical issue, which has delayed until September any eurozone decision on a new rescue for…

Tech exec leaked secrets to Apple, other tech firms

A technology company executive pleaded guilty to providing confidential information on Apple and other companies, as part of a massive insider-trading probe. Walter Shimoon, 39, pleaded guilty in Manhattan federal court to conspiracy and securities fraud charges arising from schemes in which he gave confidential information to workers and clients…

Google disables realtime search after Twitter deal expires

WASHINGTON — Google has temporarily disabled its Realtime Search feature following the expiration of a deal with Twitter. “Since October of 2009, we have had an agreement with Twitter to include their updates in our search results through a special feed, and that agreement expired on July 2,” a Google…

Twitter buys analytics startup BackType

SAN FRANCISCO — Twitter announced on Tuesday that it has acquired BackType, a San Francisco-based startup that helps publishers measure the impact of their social media use. Financial details of the transaction were not released. Twitter, in a message on its @TwitterGlobalPR feed, said BackType would “focus on creating tools…

Verizon prepares fees for mobile users who download too much information

Verizon Wireless on Tuesday became the latest U.S. mobile data carrier to announce that it would implement usage-based pricing for Internet access, claiming the new fees would mean light users no longer “subsidize” those who rely on the company’s current unlimited data plans. Though the company currently offers a $30-per-month…

Army’s $2.7 billion cloud computing system does not work

By Robert Johnson The U.S. Army’s $2.7 billion dollar cloud based computer supposed to be helping troops in Afghanistan and Iraq doesn’t work and may be doing more harm than good. Several analysts told Politico that the system “…has hurt, rather than helped, efforts to fight insurgents because it doesn’t work…

Lawyers: Protect IP Act would align U.S. Internet policy with ‘repressive regimes’

A group of Internet and intellectual property law professors have penned a letter to congressional lawmakers in opposition to the Protect IP Act, which would give the government sweeping new powers to take websites offline, censor search engines and sue Internet publishers accused of infringing activities. In the letter, they…

LulzSec hacker: ‘There’s no going back’

In an exclusive interview published on Monday by New Scientist, a key member of the notorious hacker group LulzSec spoke directly for the first time about how he sees himself and his motivations. “I’m a man who believes in human rights and exposing abuse and corruption,” the hacker known as…

‘Anonymous’ hacks Apple, publishes data

SAN FRANCISCO (Reuters) – The Internet vigilante hacker group Anonymous claimed to have broken into an Apple Inc server and published a small number of usernames and passwords for one of the U.S. technology company’s websites. Anonymous said on Sunday via its account on microblogging site Twitter that Apple could…

Creepy app uses facial recognition to count women in bars

NEW YORK (Reuters) – A new app aims to maximize the chances of meeting a member of the opposite sex by using facial recognition technology to show how many men and women there are in any given bar. Scene Tap’s app also records how crowded a bar is by logging…

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