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Netflix

Netflix Raises $400 Million in Shares, Debt

Video rental company Netflix Inc said late on Monday that it raised $400 million in fresh capital by selling convertible debt to long-time backer Technology Crossover Ventures and stock to funds managed by T. Rowe Price.

British Tabloids out of Control, Inquiry Told

British actor Hugh Grant arrives at the Leveson Inquiry at the High Court in central London, November 21, 2011.
British tabloid journalists competing ferociously to secure front-page news believed themselves untouchable in recent years, losing all sense of right and wrong and making some public figures afraid to leave home, an inquiry has heard.
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British actor Hugh Grant (C) arrives at the Leveson Inquiry at the High Court in central London, November 21, 2011.

UK Phone-Hacking Victims Condemn Intrusion

The parents of a murdered British schoolgirl pleaded on Monday for the country's newspapers to curb practices such as phone hacking and covert photography as a public inquiry into media standards turned the spotlight on the celebrity obsessed press.
Sikh

Sikhs Can Carry Daggers into London Olympics

Sikh athletes and spectators will be allowed to wear ceremonial daggers into London Olympic venues next year, despite the intense security arrangements, as part of a multi-faith approach to the Games.
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BSkyB launches journalism review at Sky News

Satellite broadcaster BSkyB, part owned by Rupert Murdoch's News Corp, has appointed external lawyers to review the emails of some of its most successful journalists to check there were no signs of illegal newsgathering.
People walk past a sign of Olympus Corp outside the company's showroom in Tokyo

Olympus: Panel Finds no Criminal Links yet in M&A Deals

Japan's Olympus Corp said on Monday that a third-party panel appointed by the company to look into an accounting scandal has, so far, found no evidence that funds from its M&A deals went to organised crime syndicates or that yakuza gangsters were involved.
U.S. Defense Budget

Imperial Overstretch: Is A Bloated Defense Budget Weakening the U.S.?

U.S. overspending on the military has diverted resources from civilian / social investments, weakening the economy, and, by extension weakening the nation. If it doesn’t substantially cut defense spending, the U.S.’s empire will likely share the fate of two other empires that overspent on the military -- the British Empire and the Soviet Union.
No alternative to F-35 fighter jet, US, Canada say

No alternative to F-35 fighter jet, US, Canada say

Defense chiefs from the United States and Canada said on Friday that budgetary pressures would not derail development of the F-35 Joint Strike Fighter, saying there was no real alternative to what has become the Pentagon's costliest weapons program.
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Bidders queue for MF Global LME stake: sources

A raft of bidders including J.P. Morgan is lining up for failed brokerage MF Global's stake in the London Metals Exchange, two sources familiar with the situation said, providing some solace for creditors.

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