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I N T E R N E T N E W S
Man who sued Facebook's Zuckerberg must face fraud charges: judge
By Joseph Ax NEW YORK (Reuters) - A New York businessman must face criminal fraud charges for trying to claim a billion-dollar stake in social media company Facebook Inc, a federal judge ruled on Friday. Paul Ceglia, 40, is accused of forging a 2003 contract with Facebook CEO Mark Zuckerberg that supposedly entitled him to part ownership of the company. After an hour-long hearing in New York, U.S. District Judge Andrew Carter rejected Ceglia's request to throw out the charges, finding he had failed to meet the "high standard" needed to dismiss a grand jury indictment. Ceglia sued Zuckerberg and Facebook in 2010 in a federal court in Buffalo, New York, claiming that he and Zuckerberg had signed a contract while Zuckerberg was a freshman at Harvard University for Ceglia to invest $1,000 in a planned social networking website.
Germany to invest proceeds from frequency sales in broadband
BERLIN (Reuters) - German Infrastructure Minister Alexander Dobrindt said on Friday Berlin will invest the proceeds of planned sales of frequency bands to mobile telephone services in broadband infrastructure expansion. Germany's right-left coalition government aims to have broadband of at least 50 megabits a second available across the country by 2018, up from a coverage level of 60 percent. For the upgrade an estimated 20 to 34 billion euros is necessary. (Reporting by Thorsten Severin and Peter Maushagen, editing by David Evans)
MasterCard, Visa form group to enhance payment security
(Reuters) - Credit card companies MasterCard Inc and Visa Inc said they had formed a new cross-industry group to enhance payment system security across networks. The move follows several data breaches at U.S. retailers, including one at Target Corp late last year involving the theft of about 40 million credit and debit card records. The new group, which will include representatives from the retailing, financial and equipment manufacturing industries, will initially focus on the adoption of 'EMV' chip technology in the United States, MasterCard and Visa said in a statement on Friday. EMV chip technology, already used in Europe and Asia, stores information on computer chips rather than on traditional magnetic strips.
Turkey's Gul says Facebook, YouTube ban out of question
ISTANBUL (Reuters) - Turkey's president on Friday ruled out a ban on Facebook and YouTube after Prime Minister Tayyip Erdogan threatened such a move to stop political foes posting audio recordings purportedly exposing government corruption. "The closure of them is out of the question," Abdullah Gul told reporters when asked about Erdogan's comments, adding that under a recently passed law authorities could block access to material on such sites if a person's privacy is violated. (Reporting by Humeyra Pamuk; Writing by Daren Butler; Editing by Gareth Jones)
Erdogan says Turkey may ban Facebook, YouTube over wiretaps
By Daren Butler and Humeyra Pamuk ISTANBUL (Reuters) - Prime Minister Tayyip Erdogan has threatened to ban Facebook and YouTube in Turkey in an attempt to stop political foes anonymously posting audio recordings purportedly exposing corruption and other malpractices in his inner circle. In the latest recording, released on YouTube late Thursday, Erdogan is purportedly heard berating a newspaper owner over the telephone about an article and suggesting the journalists be sacked, in comments that will further stoke concerns over media freedom and Erdogan's authoritarian style of leadership. Erdogan, who rejects any accusations of corruption, blames U.S.-based Turkish Muslim preacher Fethullah Gulen, a former ally, for the wiretaps which he says have been "fabricated". Gulen, who denies any involvement, has many followers in Turkey, especially in the police and judiciary.
China warns prominent Internet users over Kunming attack
Beijing police have told prominent users of the microblogging site Weibo to cease comments deemed hurtful, including suggestions that authorities misled the public with accounts of a deadly train station attack blamed on militants from Xinjiang. The warning was issued late on Thursday in response to postings offering different interpretations of the attack by knife-weilding assailants in the southwestern city of Kunming. China says militants from the far western region of Xinjiang, home to a large Muslim Uighur minority, carried out the attack. Li Chengpeng, a writer and former journalist with over seven million Weibo followers, had posted a quote attributed to a Kunming journalist frustrated at the lack of information about the attacks.
Icahn says fight for PayPal spinoff just getting started
Activist investor Carl Icahn told eBay Inc shareholders in a letter on Thursday he has "not yet begun to fight" to get the e-commerce company to spin off its PayPal payments unit. Icahn, who owns just over 2 percent of eBay, also used the letter to lay out new arguments for the split. He has sparred with eBay management via open letters and press releases since January, when eBay said the pugnacious billionaire had made an unsolicited proposal for eBay to hive off PayPal and nominated two directors to the eBay board. In his latest missive, Icahn said a spinoff "could allow two separate management teams to focus more closely on the core businesses" and could also "provide a more compelling currency to attract top talent to the respective companies." He also said an independent PayPal would find it easier to land strategic partnerships with companies that compete with eBay.
Privacy groups ask regulators to halt Facebook's $19 billion WhatsApp deal
By Alexei Oreskovic SAN FRANCISCO (Reuters) - Privacy advocates have asked U.S. regulators to halt Facebook Inc's $19 billion acquisition of messaging service WhatsApp until there is a clearer understanding of how the company intends to use the personal data of WhatsApp's 450 million users. But there's no guarantee that that commitment will hold true once the service becomes part of Facebook, according to the filing to the Federal Trade Commission by the Electronic Privacy Information Center and the Center for Digital Democracy, both non-profit groups. The complaint asks regulators to investigate the deal "specifically with regard to the ability of Facebook to access WhatsApp's store of user mobile phone numbers and metadata." Facebook, the world's No.1 social network with 1.2 billion users, generates the majority of its revenue by showing ads that target users by age, gender and other traits.
#TweetThePress: The Internet at 25 with Walt Mossberg
As the Internet turns 25, David talks with Re/code co-executive editor Walt Mossberg about the last 25 years and what to expect from the next 25...The Internet's impact on politics:%3Cblockquote%20class=%22twitter-tweet%22%20lang=%22en%22%3E%3Cp%3E%3Ca%20href=%22https://twitter.
Internet trolls have real personality problems, study shows
Anyone who’s a regular internet user has most likely encountered “internet trolls” – people who lurk anonymously in online forums and the comments sections of articles, spewing insults at others and creating havoc. A research team, which defines online trolling as “the practice of behaving in a deceptive, destructive, or disruptive manner in a social setting on the Internet with no apparent ...