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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…

Japanese electric car travels over 200 miles on single charge

TOKYO — Japanese developers have unveiled an electric car they said Wednesday can travel more than 300 kilometres before its battery runs flat. Electric vehicle specialist SIM-Drive, which hopes to take the car to market by 2013 but gave no projected cost, said its four-seater “SIM-LEI” had motors inside each…

Secret Service Twitter page laments having to watch ‘blathering’ Fox News

The official Twitter account of the U.S. Secret Service posted a tweet on Wednesday afternoon that blasted Fox News. “Had to monitor Fox for a story. Can’t. Deal. With. The. Blathering,” the tweet said, before being deleted almost immediately, according to the Huffington Post. “An employee with access to the…

Post-hack, Sony chief says company cannot guarantee PS3 security

TOKYO (AFP) – Sony chief Howard Stringer has warned he can no longer guarantee the security of the electronics giant’s gaming network in the “bad new world” of cybercrime after one of the biggest Internet data breaches. The Japanese multinational has begun restoring its hacked PlayStation Network and Sony Online…

Netflix ‘undisputed bandwidth king’ of U.S. Internet traffic

SAN FRANCISCO — Films and television shows streamed online by Netflix amount to nearly 30 percent of the content racing downstream on the US Internet during peak periods, according to a study released Tuesday. “Netflix is now the undisputed bandwidth king of the Internet in North America,” Canadian networking gear…

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