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World Bank unveils $6 billion in funding for Egypt and Tunisia

WASHINGTON (Reuters) - World Bank President Robert Zoellick on Tuesday unveiled $6 billion in funding to help Tunisia and Egypt address budget and reserve shortfalls this year and next, following popular uprisings that ended years of dictatorships but which have caused economic stress.

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New York police deny IMF ex-chief Strauss-Kahn DNA report

NEW YORK (AFP) – New York police on Tuesday denied reports of finding DNA traces from ex-IMF chief Dominique Strauss-Kahn on the clothes of a hotel maid, saying investigators had so far given "no result and no information" about the test results.

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More Sony websites hacked, 8,500 Greek accounts hit

TOKYO — Sony on Tuesday said its websites in three countries had been hacked with 8,500 Greek user accounts compromised, in a blow to efforts to restore confidence after a huge data breach affecting millions.

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Bank of America pays $410 million to settle overdraft dispute

WASHINGTON (AFP) – Bank of America has entered into a preliminary agreement to pay $410 million to clients who accused it of excessive overdraft fees, according to court documents.

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Japan's TEPCO admits further nuclear reactor meltdowns

TOKYO (AFP) – The operator of Japan's tsunami-hit Fukushima nuclear power plant on Tuesday said it believed fuel had partially melted inside three reactors, as long suspected by experts.

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Cisco Systems sued for helping China monitor Internet

SAN FRANCISCO – Falungong members are suing Cisco Systems for custom-building "Golden Shield" Internet technology used by China to track down devotees of the spiritual movement.

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New Internet tech transmits data at 26 terabytes per second

In a dramatic breakthrough, scientists have learned how to use optical fiber to transmit data over a single laser at speeds that dwarf even today's fastest Internet connections.

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Utah legalizes use of gold, silver as currency

Utah this week became the first state to legalize the use of gold and silver coins as legal currency, the according to the Associated Press.

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Electronics giant Sony expects to post losses near $3.2 billion

TOKYO (AFP) – Japan's Sony on Monday said it expected to post a $3.2 billion net loss for the fiscal year ended March, after delaying its corporate results to gauge damage from the March 11 earthquake and tsunami.

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Internet bosses woo world leaders at 'e-G8'

PARIS (AFP) – The world's most powerful Internet and media barons gather in Paris on Tuesday in a show of strength to leaders at the G8 summit, amid international rows over online access, copyright and regulation.

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Advocacy group pushes back on government wiretapping

A communications public advocacy non-profit, the Electronic Frontier Foundation, has filed a Freedom of Information Act request, demanding that the Department of Justice explain why the government can access citizen phone records and other private information.

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Apple fans react to computers like religion: BBC

Neurological research has found that fans of Apple computers and products react to the company's gadgets in the same way religious zealots react to images of their deity.

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IBM tops Microsoft in market value, then slides back

NEW YORK — IBM briefly topped Microsoft in market value on Wall Street on Friday to become the second-largest technology company after Apple.

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