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Dotcom 'in tears' after Megaupload files deleted
Megaupload founder Kim Dotcom said Thursday he was "in tears" after a European company deleted all the data it was hosting from his shuttered file-sharing site. Netherlands-based LeaseWeb announced it had deleted all Megaupload files from 630 servers. LeaseWeb said in a statement it hosted the data for over a ...
Social network gaffes plague Japanese politicians
On the Internet, no one can save you from yourself. That is a lesson many Japanese politicians have learned recently in painful, awkward and at times costly fashion. In the latest flap, a senior reconstruction official in charge of helping victims of the Fukushima Dai-ichi nuclear crisis was dismissed last ...
Leading 3-D printer firms to merge in $403M deal
Stratasys, a leading maker of 3-D printers, is buying another 3-D printer manufacturer, MakerBot, for $403 million in stock. Stratasys Ltd. said Wednesday the acquisition will enable it to offer affordable desktop 3-D printers. MakerBot, whose machines are priced around $2,000 to $3,000 and are aimed at the "prosumer" market, ...
Microsoft changes Xbox One policies after outcry
Microsoft rolled back a much-criticized requirement that its upcoming Xbox One gaming console be regularly connected to the Internet and made clear that there will be no limitations on sharing games. Microsoft Corp. has been criticized for vague statements about whether it will allow Xbox One buyers to play secondhand ...
Red Hat's 1Q net up on higher subscription revenue
Red Hat Inc., the company behind the Linux open-source operating system, said Wednesday that net income in its fiscal first-quarter grew 8 percent as subscription revenue increased. Shares added $2.78, or 6 percent, to $49 in after-hours trading. Red Hat's stock has dropped 13 percent in 2013 and closed down ...
LA to give every student an iPad; $30M order
Los Angeles' school system, the second largest in the United States, is ordering iPads for all its students, handing Apple a major success in its quest to make the tablet computer a replacement for textbooks. The Los Angeles Board of Education on Tuesday approved the purchase of $30 million worth ...
Netflix to expand to Netherlands later this year
Netflix is going Dutch. The online video giant says it will expand into the Netherlands, its 41st country, later this year. Subscribers will be able to stream Hollywood fare, local TV series and Netflix originals like "House of Cards" and "Arrested Development" on TVs, game consoles, computers and mobile devices. ...
Award-winning journalist Michael Hastings dies
Award-winning journalist and war correspondent Michael Hastings, whose unflinching reporting ended the career of a top American army general, died early Tuesday in a car accident in Los Angeles, his employer and family said. Hastings, who was 33, was described by many of his colleagues as an unfailingly bright and ...
Cape Wind gets $200M investment from Danish fund
The Cape Wind offshore wind project has secured a $200 million investment from a Danish pension fund in what the wind farm's president said Tuesday is a milestone for the long-delayed project. In a statement announcing the commitment, PensionDanmark's chief executive Torben Moger Pedersen noted the fund has already invested ...
DreamWorks says TV revenue to hit $200M by 2015
DreamWorks Animation SKG Inc., the studio behind "Shrek" and "Kung Fu Panda," said Tuesday that a new deal to provide original TV shows to Netflix will help it double the revenue it gets from TV shows to $200 million by 2015. The extra $100 million represents a 13 percent increase ...
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