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Financial advisor to stars gets 7.5 years prison

NEW YORK – A financial advisor to US socialites and Hollywood celebrities was sentenced Wednesday to seven and a half years prison for stealing millions of dollars in clients’ funds. Kenneth Starr, 67, was sentenced in New York federal court to 90 months behind bars, a spokeswoman for the US…

US report urges action against BitTorrent sites

A report by the Office of the United States Trade Representative (USTR) has classified some of of the most prominent BitTorrent websites as examples of online marketplaces that merit investigation for possible intellectual property rights infringements. BitTorrent is a popular peer-to-peer (P2P) communications protocol for file sharing that excels at…

Eye-controlled laptop turns heads at high-tech fair

HANOVER, Germany – Billed as a global first, a laptop allowing users to open files, play music and view pictures using just the power of their eyes was turning heads Wednesday at the CeBIT, the world’s top tech fair. The otherwise unremarkable laptop integrates cutting-edge “eye tracking” technology by Swedish…

Ford recalls 34,000 US, Canada trucks on fire risk

CHICAGO – Ford has recalled 34,100 trucks in the United States and Canada due to two defects which could cause a fire, the automaker said Wednesday. Ford told safety regulators it is not aware of any fires caused by the defects which affect 2010 and 2011 models of its popular…

Steve Jobs unveils new iPad

SAN FRANCISCO — Apple’s ailing chief executive Steve Jobs made a surprise appearance here Wednesday to unveil a new version of the hot-selling iPad that is thinner, lighter and features video cameras. “We’ve been working on this product quite awhile and I just didn’t want to miss a great day,”…

Oil prices stabilize; gold holds close to record peak

LONDON — World oil prices steadied on Wednesday, while safe-haven gold held close to the previous day’s record high on the back of simmering Middle East tensions. Brent North Sea crude for delivery in April eased six cents to $115.36 per barrel. New York’s light sweet crude for April, known…

Apple gets set to unveil new iPad

SAN FRANCISCO (Reuters) – More than a year after igniting the tablet computing craze, Apple Inc was preparing to unveil the second version of its blockbuster iPad on Wednesday — possibly minus lead showman Steve Jobs. Plenty has changed over the course of the year. Credited with creating a whole…

Facebook revamps comments platform for websites

WASHINGTON – Facebook is revamping a platform designed to power the frequently unruly comments space on websites. The Palo Alto, California, social networking giant unveiled an updated Comments Box plug-in on Tuesday that websites can use to replace the system they currently use to display comments from readers. Online publishers…

GOP leader John Boehner vows to eliminate ‘net neutrality’

Speaker of the House John Boehner (R-OH) vowed Monday to eliminate net neutrality rules recently enacted by the Federal Communications Commission (FCC), referring to the regulations as a “government takeover of the Internet.” “Right now, freedom and free expression are under attack by a power structure in Washington populated with…

Gold hits record $1,432.57 an ounce

WASHINGTON – Gold struck a new record at $1,432.57 an ounce Tuesday as worries spread that the surging price of oil could fuel inflation and dampen economic growth. The price on the London Bullion Market jumped more than $13 an ounce from Monday to top last December’s record of $1,431.25,…

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