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Cloud strength helps Microsoft earnings top Street

Apr 24, 2014

By RYAN NAKASHIMA, AP Business Writer

LOS ANGELES (AP) — Results from Microsoft's first quarterly earnings release under new CEO Satya Nadella offered fresh justification for his focus on cloud computing.

Microsoft Corp. on Thursday posted net income and revenue that beat Wall Street expectations.

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Oregon moves to dump health exchange website

Apr 24, 2014

By GOSIA WOZNIACKA, Associated Press

PORTLAND, Ore. (AP) — Oregon, once expected to be a national leader in the federal health care overhaul, on Thursday moved to become the first state to dump its troubled online health exchange and use the federal marketplace instead.

A top Cover Oregon official,

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US proposes pay-for-priority Internet standards

Apr 24, 2014

By RYAN NAKASHIMA, AP Business Writer

LOS ANGELES (AP) — The nation's top telecoms regulator is proposing to allow a pay-for-priority fast lane for movies, music and other services to get to people's homes.

The proposed rules come after a federal appeals court struck down previous "net neutrality"

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Google's top social networking executive departs

Apr 24, 2014

SAN FRANCISCO (AP) — Google's top social networking executive is leaving the Internet company after a nearly eight-year stint highlighted by an audacious challenge to Facebook.

Vic Gundotra fittingly announced his departure in a post Thursday on Google Plus, a social network that debuted nearly ...

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Amazon launches grocery service for Prime members

Apr 24, 2014

By MAE ANDERSON, AP Retail Writer

NEW YORK (AP) — Amazon is taking aim at grocery stores and discounters like Wal-Mart with a grocery service that lets its Prime loyalty club members fill up to a 45-pound box with groceries and get it shipped for a flat rate of $5.99.

The mega online retailer says ...

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Russia's Putin calls the Internet a 'CIA project'

Apr 24, 2014

By NATALIYA VASILYEVA, Associated Press

MOSCOW (AP) — President Vladimir Putin on Thursday called the Internet a CIA project and made comments about Russia's biggest search engine Yandex, sending the company's shares plummeting.

The Kremlin has been anxious to exert greater control over the ...

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China set to punish web giant Sina for pornography

Apr 24, 2014

BEIJING (AP) — China's official news agency says authorities plan to revoke two crucial publication licenses for web giant Sina.com because pornographic content was found on its sites.

Xinhua News Agency says the penalty might partially ban the web giant's operations.

Sina apologized Thursday ...

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Tokyo court starts Mt. Gox bankruptcy proceedings

Apr 24, 2014

TOKYO (AP) — Bankruptcy proceedings have begun for Mt. Gox, a move that was widely expected after the Tokyo District Court decided earlier this month that the bitcoin exchange would not be able to resurrect itself.

An administrator will try to sell the company's assets, but many creditors,

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Zynga founder Pincus leaving operations role

Apr 23, 2014

NEW YORK (AP) — Online game maker Zynga's founder Mark Pincus is stepping down as chief product officer, less than a year after he was replaced as the company's CEO, as the company's sales slide.

Zynga said Wednesday that Pincus will remain chairman of the company he founded in 2007.

Zynga went ...

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Apple increases stock buyback, will split stock

Apr 23, 2014

By MICHAEL LIEDTKE, AP Technology Writer

SAN FRANCISCO (AP) — Apple is diverting more of its cash to shareholders and preparing to split its stock for the first time in nine years in an attempt to win back investors fretting about the iPhone maker's slowing growth and pace of innovation.

The moves ...

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Boogeymen and shady deals define spin for Senate

Apr 23, 2014

By PHILIP ELLIOTT, Associated Press

WASHINGTON (AP) — The fight for the Senate majority boils down to boogeyman billionaires against the shifty septuagenarian — if party operatives' spin is to be believed.

For months, Senate Majority Leader Harry Reid has been unrelenting in his criticism of Charles ...

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Facebook 1Q results soar; CFO to step down

Apr 23, 2014

NEW YORK (AP) — Facebook's first-quarter earnings and revenue grew sharply, surpassing Wall Street's expectations thanks to an 82 percent increase in advertising revenue.

The social network said Wednesday that it earned $642 million, or 25 cents per share, in the January-March quarter, up from ...

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Amazon snares classic shows in deal with HBO

Apr 23, 2014

By BARBARA ORTUTAY and MICHELLE CHAPMAN, AP Business Writers

NEW YORK (AP) — Fans of classic HBO shows like "The Sopranos" and "The Wire" will soon have access to those series and more through Amazon Prime in the first online streaming deal signed by the cable network.

Starting on May 21, Amazon ...

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Microsoft expands ad-free Bing search for schools

Apr 23, 2014

LOS ANGELES (AP) — Microsoft is expanding a program that gives schools the ability to prevent ads from appearing in search results when they use its Bing search engine. The program, launched in a pilot program earlier this year, is now available to all U.S. schools, public or private, from ...

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Memory Lane: Traveling through time on Google maps

Apr 23, 2014

By MICHAEL LIEDTKE, AP Technology Writer

MOUNTAIN VIEW, Calif. (AP) — Trips down memory lane are now available on Google's digital maps.

The new twist on time travel is debuting Wednesday as part of the "Street View" feature in Google's maps, a navigational tool that attracts more than 1 billion ...

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UN study: Cellphones can improve literacy

Apr 23, 2014

PARIS (AP) — A study by the U.N. education agency says cellphones are getting more and more people to read in countries where books are rare and illiteracy is high.

Paris-based UNESCO says 774 million people worldwide cannot read, and most people in sub-Saharan Africa don't own any books but ...

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Splashy plan for pool in NYC's East River unveiled

Apr 22, 2014

By MICHAEL R. SISAK, Associated Press

NEW YORK (AP) — Forget schlepping to Jones Beach or down the Jersey Shore. A Brooklyn design team said Tuesday that New York's East River could be the next great place for a summer swim.

The backers of the floating Plus Pool — an Olympic-sized structure with ...

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AT&T had strong 1Q on wireless installment plans

Apr 22, 2014

By ANICK JESDANUN, AP Technology Writer

NEW YORK (AP) — AT&T's wireless business had a strong first quarter as the company added more than 1 million subscribers and benefited from an installment plan that permits frequent phone upgrades.

Although customers in the installment plan, called Next,

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Internet TV case: Justices skeptical, concerned

Apr 22, 2014

By MARK SHERMAN, Associated Press

WASHINGTON (AP) — Grappling with fast-changing technology, Supreme Court justices debated Tuesday whether they can protect the copyrights of TV broadcasters to the shows they send out without strangling innovations in the use of the internet.

The high court heard ...

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Attacks on payment systems trail other cybercrimes

Apr 22, 2014

By BREE FOWLER, AP Technology Writer

NEW YORK (AP) — While the theft of millions of credit card numbers from Target customers last year drew attention to Internet crime, a new study finds that breaches of retail payment systems are less common than other kinds of attacks.

A report from Verizon ...

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