A summit seeking a new economic agenda for the US kicks off on Monday, with debate among leaders aiming to find ways to maintain leadership.
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/ 20 December 2008
United States car makers mulled painful reforms on Saturday after President George Bush unveiled a $13,4-billion rescue loan for the industry.
With Yahoo! facing pressure from a corporate raider, the internet giant has reopened discussions on a tie-up with Microsoft, but for a new deal that would probably not be an outright takeover. The two firms said over the weekend that they were exploring new options two weeks after Microsoft withdrew its offer to acquire the struggling internet pioneer.
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/ 7 December 2006
Most internet users already know it: spam is on the rise again as the senders of unwanted e-mail advertisements find new ways to circumvent filtering systems. A study released last month by the security firm Postini found that unwanted messages now account for 91% of all e-mail, and over the past 12 months the daily volume of spam rose by 120%.
United States authorities are raising the stakes against internet gambling with their biggest prosecution effort to date, but backers of online wagering are not yet ready to fold. An indictment unsealed on Monday charges the operators, British-incorporated BetOnSports, with illegally taking bets from US residents and failing to pay US taxes on $3,3-billion in wagers from the United States.
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/ 3 February 2006
Enron’s chief executives concealed key data before the company’s 2001 collapse that would have shown two supposedly fast-growing businesses were "underperforming", a witness testified. Mark Koenig, the first witness in the fraud and conspiracy trial of Kenneth Lay and Jeffrey Skilling, said assurances from the chief executives masked major problems.
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/ 2 February 2006
Jurors in the Enron fraud trial began to hear about some of the financial tricks and gimmickry that kept the company flying high before its spectacular collapse in late 2001. And many of these tricks, former Enron investor relations chief Mark Koenig testified on Wednesday, were done with the full knowledge of the top executives of the company.
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/ 1 December 2005
The maker of the BlackBerry handheld computer, Research in Motion, moved closer to a potentially devastating court injunction in the United States market on Wednesday after a judge denied its request to end a patent-violation lawsuit. In the US, more than two million people use the BlackBerry for wireless e-mail and other functions.
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/ 19 October 2005
Internet blogs are getting a boost from the big search engines, which make the personal journals more accessible and move them toward mainstream journalism, analysts say. Yahoo this month said it would include blogs on all its news searches, saying it would give readers more access to "grassroots journalism."
A new push is being made to deliver television over an internet platform, with the potential to transform the medium into a new technology that offers more competition and programme choices. The ”convergence” of television and the internet is being pushed, interestingly, by major regional United States phone companies.