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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,…

Astronauts install Italian-built module at space lab

WASHINGTON – Astronauts at the orbiting International Space Station on Tuesday installed a permanent Italian-built storage module, while Russia nixed plans to fly around and take pictures of the crowded lab. The flyabout by Russia’s Soyuz capsule would have provided new camera angles on the ISS as well as an…

Ex-Goldman director charged with insider trading

WASHINGTON – The US markets regulator charged former Goldman Sachs and Procter & Gamble director Rajat Gupta on Tuesda with insider trading in a high-profile hedge fund case. The Securities and Exchange Commission announced the charges for “illegally tipping Galleon Management founder and hedge fund manager Raj Rajaratnam with inside…

HBGary CEO Aaron Barr resigns amid ‘Anonymous’ scandal

The chief executive at data security firm HBGary Federal has resigned his job following a high-profile hack staged by online protest group “Anonymous.” Aaron Barr, the embattled CEO, made the disclosure yesterday speaking to ThreatPost, an online security blog. “I need to focus on taking care of my family and…

US manufacturing activity hits 2004 high

WASHINGTON — US manufacturing grew for the 19th straight month in February as a jump in employment and production drove activity to a nearly six-year high, a key industry survey showed Tuesday. The Institute of Supply Management said its Purchasing Managers Index rose to 61.4 percent from January’s reading of…

Plot to spy on Chamber critics prompts Democratic call for congressional probe

Will congressional Republicans investigate their allies at the Chamber of Commerce over an alleged plot to spy on and discredit their most effective critics in the media? Probably not, but that won’t stop at least one group of House Democrats from mounting a very public call for inquiry. In a…

Oil climbs despite Saudi output pledge

LONDON — World oil prices advanced on Tuesday despite OPEC kingpin Saudi Arabia’s pledge to ensure sufficient supplies to cover Libya’s production shortfall. Brent North Sea crude for delivery in April rose 67 cents to $112.47 per barrel. New York’s light sweet crude for April, known as West Texas Intermediate…

Groupon launches online bargain site in China

SHANGHAI – US Internet coupon deals website Groupon launched its China venture on Monday in partnership with local web giant Tencent, looking to tap into the world’s largest Internet population. Customers can now sign up on Gaopeng.com, with daily discounts from local merchants to debut in March, Groupon and Tencent…

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