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Activists Pressure Amazon Into a Change of Heart May 25, 2012
Faced with a public rally outside the venue for its shareholder meeting at the Seattle Art Museum on Thursday, Amazon.com announced it would withdraw from a conservative business group and improve workers' conditions at its warehouses. The protesters wanted Amazon to quit the American Legislative Exchange Council.
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European Regulators Put Google in the Hot Seat on Privacy Changes May 25, 2012
The French National Commission on Computing and Liberty is running up against what seems to be a chronic problem with Google: difficulty in getting all of the information it requested. The CNIL was tapped by Europe's Article 29 Working Party to take the lead in analyzing Google's new privacy policy, which went into affect on March 1. On March 16, CNIL sent a questionnaire to Google, which the search engine giant responded to on April 20.
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Networks Hammer Dish Over Ad-Skipping DVR May 25, 2012
Fox, CBS and NBC filed lawsuits against the Dish Network Thursday over a feature found in a new digital video recorder that lets subscribers automatically skip the advertisements on recorded shows from major networks. Dish countered by asking a judge to declare that the feature does not infringe on any copyrights as claimed by the networks.
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Are Foxconn Factory Workers in for a Raise? May 25, 2012
Today in international tech news: Foxconn, the company that manufacturer iPods, iPads and other gear, is rumored to be doubling its employees' wages in China. Also, an investigation in Italy could lead to a nationwide block of one of the web's biggest BitTorrent sites, and the EU is abuzz about the cookie regulations to take effect in the UK this Saturday.
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Apple to DoJ: I Know You Are, but What Am I? May 24, 2012
Apple on Thursday struck back against the United States Department of Justice's charges that it joined several major publishers in an effort to fix the prices of e-books. In a filing with the U.S. District Court for the Southern District of New York, Apple contended that the government's complaint against Apple is fundamentally flawed as a matter of fact and law.
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A Chosen Few Escaped Facebook's IPO Fumble May 24, 2012
While it sounded like a sure thing, it was apparently anything but. Investors lined up to take part in last week's Facebook IPO with hopes of skyrocketing returns, but instead of blasting off, the stock lost ground. For Facebook, it might as well have crashed and burned. Nothing is certain with stocks, of course. But this week it was reported that during its pre-IPO roadshow, some potential investors were given special advance warnings.
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HP Touts R&D as Silver Lining to Massive Layoffs May 24, 2012
HP has posted its second quarter earnings and announced it will lay off 27,000 workers worldwide in an effort to simplify its business and increase efficiency. HP beat Wall Street expectations with its earnings but still faces questions about how it will compete in a changing tech industry.
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Java Jurors Douse Oracle's Hopes May 24, 2012
Executives at Google no doubt are heaving signs of relief at the outcome of the latest -- and possibly last -- phase of the Java copyright and patent trial: The jury unanimously found that Google did not infringe Oracle's patents. U.S. District Judge William Alsup, who is presiding over the trial in the U.S.District Court of Northern California, dismissed the jury after the verdict was read.
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Europeans Bet Big Against Facebook May 24, 2012
Today in international tech news: A large number of European traders are placing bets that Facebook's stock will continue to tumble in the coming months. Also: Google defends itself against accusations from the EU, a longtime Research In Motion executive steps down, a Latvian firm is ordered to pay a fine after duping people into downloading fake apps, and an Apple designer is knighted.
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Technology Firms' Latest Weapon of Choice May 24, 2012
When AOL made a $1 billion deal to sell patents to Microsoft last April, its stock jumped up about 43 percent on the news. After all, AOL could use a $1 billion shot in the arm. Who couldn't? But what is behind this string of sales of patents? Why are patents so important to large tech firms like Microsoft, Google and Apple?
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How Apple's Product Cycles Torture Customers Into Loving It May 24, 2012
Apple MacBook Pro rumors, and to a lesser extent iMac, MacBook Air and Mac Pro rumors, have been flying around fast and furious these days, and all it's doing is stoking my fire for a new MacBook Pro. Every Tuesday, which seems to be Apple's favorite day of the week for announcing new products, I anxiously wait to see the Apple Online Store go down and a press release to appear.
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Dell Shares Take Thrashing After Sour Earnings Report May 23, 2012
Dell took a hard hit on Wall Street Wednesday after it revealed sluggish PC sales and a disappointing quarterly earnings report. Shares of Dell were down 17 percent Wednesday, Dell's biggest one-day drop since 2000. The stock, already down 15 percent on the year, closed at $12.49. Shareholders expressed disappointment with the company's Tuesday earnings report.
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Apple, Samsung Chiefs Pick Up Their Marbles and Go Home May 23, 2012
Before Apple and Samsung launched a new chapter in their multicountry, multiargument patent dispute, Judge Lucy Koh of the U.S. District Court for the Northern District of California, told the two sides to sit down and try to iron out their differences. Apple CEO Tim Cook and Samsung CEO Choi Gee-sung duly complied with the judge's orders, spending at least nine hours in each other's company over the course of two days.
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SAP Gets New Stairway to the Cloud With Ariba Buy May 23, 2012
SAP has revealed plans to acquire Ariba, an enterprise e-commerce network, for US$4.3 billion as part of the German company's expansion into cloud computing. SAP will purchase Ariba for $45 per share -- about 20 percent more than its market price. Ariba's board approved the purchase unanimously. The sale is expected to be completed during the third calendar quarter of 2012, dependent on Ariba shareholder approval.
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Facebook Fallout Widely Scattered May 23, 2012
After dropping to $31 per share on Tuesday, Facebook's stock is hinting at a turnaround Wednesday morning, hovering around $32.15 per unit. Unless the stock surges past its $38 per unit launch price, however, it is hard to imagine how those responsible for its disappointing debut will be able to redeem themselves in the eyes of irate investors, disappointed employees and suspicious regulators.
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Under Google's Wing, Motorola Can Stop Dabbling May 23, 2012
Motorola Mobility's financial performance has been less than stellar in the last three years, so its acquisition by Google for $12.5 billion could be a boon for the company. "Motorola has been running at an operating loss for quite a few quarters," observed Ramon T. Llamas, who analyzes mobile devices technology and trends for IDC.
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The 183 Billion-Dollar Brand May 23, 2012
Apple was named the most valuable brand in the world in a study released Tuesday by research agency Millward Brown. It's the second year in a row the tech giant took the crown. The company raised its brand value over the past year by 19 percent to a $182.9 billion, Millward Brown reported. IBM, Google and Microsoft were among the top five.
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New Venture Firms See Major Opps in Federal IT Market May 23, 2012
U.S. government agencies are looking everywhere they can to cut costs -- including the cost of information technology. Tight budgets will be the dominating factor in federal IT procurement over the next several years -- at least. Yet in the face of budget discipline -- and even slightly projected declines in spending -- two venture capital companies see great promise in the federal IT market.
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