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California economy to slowly improve in 2012: study

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California’s economy the biggest in the United States and the ninthlargest in the world will see a slight improvement in 2012 but a recovery in the crucial housing market is at least two years away according to a report released on Wednesday. California was one of states hardest hit by…

Internet giants pull content after warning in India courts

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Internet giants Google Inc and Facebook removed content from some Indian domain websites on Monday following a court directive warning them of a crackdown like China if they did not take steps to protect religious sensibilities. The two are among 21 companies ordered to develop a mechanism to block material…

How to play it: Facebook readies its IPO

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Depending on who you ask Facebook is either the best company to go public since Google or the hallmark of another tech bubble. But no matter the ultimate fate of the broadreaching social network it’s clear that investors will be scrambling to pick up shares when they get the chance.…

Google defends change to privacy policies

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Planned changes to Google Inc’s privacy policies that have caught the attention of U.S. lawmakers would not take away the control its customers have over how data is collected and used the company said in a blog post on Tuesday Google whose offerings include its flagship search engine Gmail YouTube

Facebook to file $5 billion IPO Wednesday: IFR

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Facebook is expected to submit paperwork to regulators on Wednesday morning for a 5 billion initial public offering and has selected Morgan Stanley and four other bookrunners to handle the megaIPO sources close to the deal told IFR. The company founded by Mark Zuckerberg in a Harvard dorm room in…

Android tablets closing in on iPad

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Tablet computers using Google’s Android software narrowed the lead of Apple’s iPad on the global market in the fourth quarter research firm Strategy Analytics said on Thursday. Global tablet shipments reached an alltime high of 26.8 million units in the fourth quarter growing 212 fold from 10.7 million a year…

Google to unify privacy policy across products

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Google Inc plans to unify its privacy policy and terms of service across its online offerings including its flagship search Gmail and Google products to make them easier to use but the move could attract greater scrutiny from antitrust regulators. In an online blog post Google said it expects to…