Monthly Archives: June 2011

Clinton says U.S. resuming limited Muslim Brotherhood contact (Reuters)

Written on June 30, 2011 by Editor - World News

BUDAPEST (Reuters) – The United States will resume a policy of limited contacts with Egypt’s Muslim Brotherhood, Secretary of State Hillary Clinton confirmed on Thursday. Clinton told a news conference it was in U.S. interests to have such contacts, saying … Continue reading →

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Egypt police clash with youths; over 1,000 hurt (Reuters)

Written on June 30, 2011 by Editor - World News

CAIRO (Reuters) – Police in Cairo fired tear gas on Wednesday at hundreds of stone-throwing Egyptian youths after a night of clashes that injured more than 1,000 people, the worst violence in the capital in several weeks. Nearly five months … Continue reading →

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France defends arms airlift to Libyan rebels (Reuters)

Written on June 30, 2011 by Editor - World News

NEW YORK/MISRATA, Libya (Reuters) – France said it did not break a U.N. arms embargo by airlifting weapons to Libya’s rebels because the arms were needed to defend civilians under threat. France on Wednesday became the first NATO country to … Continue reading →

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LivingSocial moving ahead with $1 billion IPO: source (Reuters)

Written on June 30, 2011 by Editor - Technology News

NEW YORK (Reuters) – Online daily deal site LivingSocial is meeting with banks to discuss an initial public offering of about $1 billion, according to a source familiar the situation. The amount values the Washington, D.C. based company in the … Continue reading →

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Amazon protests California Web-sales tax plan (Reuters)

Written on June 30, 2011 by Editor - Technology News

NEW YORK (Reuters) – Amazon.com Inc warned its 10,000-plus California sales affiliates on Wednesday that it may be forced to sever ties with them should the state begin taxing their online sales. The wealthiest U.S. state became the latest — … Continue reading →

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What Myspace got wrong, and why nobody misses it (Yahoo! News)

Written on June 30, 2011 by Editor - Technology News

The once-great social network made a few critical errors that sent people running to Facebook The tale of Myspace is a cautionary one. Between 2006 and 2009, Myspace was the place to be for millions of internet citizens all over … Continue reading →

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Review: HP TouchPad makes a mediocre tablet (AP)

Written on June 30, 2011 by Editor - Technology News

SAN FRANCISCO – A year after Hewlett-Packard Co. purchased flailing Palm, the technology behemoth is rolling out the first tablet that uses Palm’s webOS operating system. The July 1 release should be a triumph for HP, showcasing its ability to … Continue reading →

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Amazon to cut off California-based Web affiliates (AP)

Written on June 30, 2011 by Editor - Technology News

SAN FRANCISCO – Amazon.com Inc. said Wednesday that it will stop working with online affiliates based in California since the state passed a new rule that forces online retailers to collect sales tax there. In an email Wednesday to California-based … Continue reading →

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Justin Timberlake part of group buying MySpace (AP)

Written on June 30, 2011 by Editor - Technology News

LOS ANGELES – Justin Timberlake apparently wasn’t satisfied with just playing a social media impresario in the movies, so now he’s becoming one in real life. The pop star, who played Napster co-founder Sean Parker in “The Social Network,” a … Continue reading →

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Exclusive: S&P to deeply cut U.S. ratings if debt payment missed (Reuters)

Written on June 30, 2011 by Editor - Top News Stories

NEW YORK (Reuters) – The United States would immediately have its top-notch credit rating slashed to “selective default” if it misses a debt payment on August 4, Standard Poor’s managing director John Chambers told Reuters. Chambers, who is also the … Continue reading →

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