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8
Feb 2012 |
Facebook's upcoming IPO will make founder and CEO Mark Zuckerberg a billionaire -- but it will also stick him with an eye-popping tax bill that could reach as high as R15.14 ($2) billion.
Industry experts say that might be one for the record books.
"I personally have never seen a bill into the billions -- close, but not quite," said Anthony Nitti, a Colorado-based CPA and partner with Withum, Smith and Brown. "I talked to a few buddies of mine at the Big Four accounting firms, and it's something not m... |
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8
Feb 2012 |
Google on Tuesday began offering a beta version of its Chrome browser for Android phones, finally beginning the move to unify its computer, tablet and mobile phone browsers.
The browser, however, is only available for phones and tablets running Android 4.0, also known as Ice Cream Sandwich. As of Feb. 1, just 1 percent of Android devices in use are running Ice Cream Sandwich.
The Chrome browser for Android offers a few neat features for people who also use Chrome on their computers. When signed into C... |
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8
Feb 2012 |
Network hardware vendor Trendnet admitted yesterday that a firmware flaw could turn almost two dozen models of safety cameras into spy cameras for anybody to view. The company is rushing out firmware fixes for all the affected lines. Check the listif you have one of the problem camera models, turn it off right now.
What exactly happened here? In early January a blog called Console Cowboys reported an interesting discovery about Trendnet's security cameras. While the video feed was nominally password-prot... |
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6
Feb 2012 |
Twitter set a new record for gameday activity during Super Bowl XLVI--12,233 tweets per second at the end of the game. The second highest rate came during Madonna's Caligula-inspired halftime extravaganza: 10,245.
Compare that with past spikes. The Bin Laden raid topped out at 5,106 tweets per second and held steady at 4,000 sustained tweets. The MTV Video Music Awards topped out 2011 with 8,868. The biggest ever spike? the December 13, 2011 television broadcast in Japan of Hayao Miyazaki's animated feat... |
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5
Feb 2012 |
A graffiti artist who accepted shares instead of cash when he painted Facebook's first HQ seven years ago is set for a $125.00(125) million payday.
David Choe, 35, was asked to paint the walls of the offices in Palo Alto, California, in 2005, and was offered the choice of a few thousand cash or the equivalent in shares.
And, even though he considered the idea of Facebook Óridiculous and pointless at the time, he took the stock, reports The New York Times.
Now, after a blockbuster $5billion Fac... |
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3
Feb 2012 |
The High Court in Auckland said it agreed with an earlier ruling that Mr Dotcom - a German national - might try to flee the country.
The file-sharing site creator is accused of profiting from the copying and distribution of pirated content.
Mr Dotcom's lawyers said that he denied the charge and would fight an extradition application by the US.
Prosecutors had said Mr Dotcom - also known as Kim Schmitz - posed an extreme flight risk, noting that he had passports and bank accounts in three names and ... |
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3
Feb 2012 |
Apple has pulled several iPad and iPhone models from its German online store after Motorola Mobility enforced a patent injunction against its rival.
The move follows a December ruling that Apple had failed to license one of Motorola's wireless intellectual properties.
iPhone users in Germany may also face the loss of their push email iCloud service after a separate patent victory by Motorola.
Apple has said it will appeal.
The dispute may eventually pit Apple against Google. The search giant is ... |
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1
Feb 2012 |
Federal prosecutors in the US have given Megaupload's web hosts the go-ahead to delete its massive trove of data as early as Thursday.
The erasure may go ahead on the basis that authorities had completed their search under the warrants, which no longer gave them a right to access that data and cleared the way for the service providers to do what they wanted, according to the Associated Press.
A letter filed last Friday by the US Attorney's Office for the Eastern District of Virginia permitted Megaup... |
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29
Jan 2012 |
The crackdown on file-sharing site Megaupload is expected to do little to reduce overall piracy of music, software and Hollywood movies, while potentially stifling emerging means of distributing content online.
In the wake of last week's surprising indictment of the digital storage company and seven executives, other companies have begun changing their policies even as Megaupload officers maintained their innocence in a first court appearance in New Zealand.
Filesonic.com stopped allowing people to do... |
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29
Jan 2012 |
Google has changed its privacy policy, streamlining it across its multiple services including search, email, video and social networking sites.
More than 60 different policies will be combined into one that will go into effect 1 March, the company said.
Google said the new policy will give people more relevant search results and help advertisers find customers.
Google has previously faced criticism over the sharing of users data.
"We're rolling out a new main privacy policy that covers the major... |
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25
Jan 2012 |
Facebook estimates that it benefits the UK to the tune of more than 2bn a year, including the development of an almost ã500m "app economy" that has sprung up around the world's most popular social networking website.
The company commissioned a study by Deloitte, which concluded that Facebook supports 35,200 UK jobs and fuels 2.2bn to UK GDP each year, and published the document at the DLD conference in Munich on Tuesday.
Deloitte's estimates looked at the direct economic impact of Facebook Ö... |
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24
Jan 2012 |
Google has announced that uploads to YouTube now total one hour of video every second.
"Can you imagine how many 'Nyans' that is?" the company ask in a blog post announcing the milestone, referring to the mind-numbing "Nyan Cat" video that has been watched over 60 million times.
On a separate website, "One Hour Per Second", Google answers that question in an animated flood of stats. "In 24 seconds of uploads to YouTube," one stat notes, "one full day elapses and the Nyan Cat says 'Nyan' over 345,600 t... |
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23
Jan 2012 |
Two men sought worldwide in connection with a U.S.-led crackdown on the online file-sharing website Megaupload have been arrested, a New Zealand government lawyer told a court on Monday.
U.S. authorities had issued international warrants for Sven Echternach, 39, a German, and Andrus Nomm, 32,
of Estonia for their involvement in alleged internet piracy and money laundering.
The two had been arrested in Europe, New Zealand government lawyer Anne Toohey told a court hearing on an application for bail by... |
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23
Jan 2012 |
Blackberry-maker Research In Motion (RIM) has said its co-chief executives Mike Lazaridis and Jim Balsillie have stepped down in a shake-up.
Mr Lazaridis, who founded RIM in 1984, will become vice chairman. Mr Balsillie will continue to sit on the board but not have any operational role.
Chief operating officer Thorsten Heins will replace them on Monday.
Investors have called for a strategy change as the company struggles to compete with Apple and Google.
The departure of RIM's co-chief executiv... |
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23
Jan 2012 |
The arrest of Megaupload's founders has led to other file storage sites taking action in an apparent attempt to protect themselves from legal action.
Filesonic has disabled its sharing functions, allowing users to access only their own files.
Uploaded.to has blocked US access to its site entirely, with a message saying "sorry about that".
Experts said that the sites were attempting to show that they were taking piracy seriously.
"If those websites are found to be communicating the works - ie fac... |
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