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AT&T to cap users’ Internet access, impose fees for too much information

Telecommunications giant AT&T said this week that it will join Comcast and other providers in a controversial business model that limits the amount of information subscribers can access, and imposes penalties for overages. The move will see AT&T broadband users forced into a tiered Internet that would limit accounts to…

Wall Street tumbles more than 2 percent

NEW YORK (Reuters) – Wall Street tumbled more than 2 percent on Tuesday and the Nasdaq turned negative for the year as Japan’s looming nuclear crisis looked set to thrust financial markets into a period of turmoil. U.S. shares seen as exposed to the disaster as well as economically sensitive…

Microsoft releasing new Internet Explorer 9 browser

AUSTIN, Texas — Microsoft announced that it will release the latest version of its Internet Explorer Web browsing software free online late on Monday (0400 GMT Tuesday). “Things are about to change,” Microsoft corporate vice president Dean Hachamovitch said at a press conference at the South By Southwest Interactive technology…

Twitter, a five-year-old changing the world

SAN FRANCISCO – At five years old, Twitter is just starting to change the world. Jack Dorsey fired off the first tweets on March 21, 2006, an automated “just setting up my twttr” message which he followed with the first “human” tweet — “inviting coworkers.” It was Dorsey who proposed…

Senator Al Franken to introduce bill making net neutrality violations a crime

While House Republicans push to eliminate new net neutrality regulations adopted by the Federal Communications Commission (FCC), Sen. Al Franken (D-MN) announced Monday he will introduce legislation to make violations of net neutrality a crime. “I’m introducing a new bill that would call violations of net neutrality out for what…

U.S. millionaires say $7 million not enough to be rich

NEW YORK (Reuters) – A million dollars ain’t what it used to be. More than four out of ten American millionaires say they do not feel rich. Indeed many would need to have at least $7.5 million in order to feel they were truly rich, according to a Fidelity Investments…

Metro economies grow but job growth slow: report

WASHINGTON (Reuters) – The economies of the biggest U.S. metropolitan areas began to grow again by the end of last year, but the recovery was “slow, uneven and inconsistent” and failed to spur much jobs growth, according to a study by the Brookings Institute released on Monday. “The nation’s 100…

Apple sold close to 1 million iPad 2s in weekend: analysts

Apple sold close to 1 million iPad 2s in weekend: analysts (Reuters) – Analysts expect Apple Inc to have sold close to a million iPad 2 tablet computers on its debut weekend — significantly more than the first iPad, which went on sale last April. “We would not be surprised…

Tokyo stocks drop 5% in first opening since quake

Tokyo shares fell 5.2 percent on Monday in their first opening since Friday, when Japan was struck by the biggest earthquake in its history and a devastating tsunami. The Nikkei index of the Tokyo Stock Exchange fell 540.39 points, a 4 percent drop, shortly after opening to 9,714.04. The Bank of Japan has injected 7 trillion…

Hacker group will release Bank of America emails Monday

CHARLOTTE, North Carolina (Reuters) – Anonymous, a hacker group sympathetic toWikiLeaks, plans to release e-mails obtained from Bank of America Corp early Monday morning, according to posts on the group’s Twitter feed. The group, unrelated to the document leak website founded by Julian Assange, said it plans to release documents exposing “corruption and fraud” at…

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