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Assange extradition hearing set for next month

WikiLeaks founder Julian Assange made a brief appearance in a London court on Tuesday and will return next month for a full hearing on Sweden's efforts to extradite him for questioning over alleged sex crimes.

MySpace slashes nearly 50 percent of staff

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News Corporation's MySpace is slashing its staff by nearly half, as the former Internet social networking leader recalibrates its operations as an entertainment website.
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Assange due in UK court over Swedish extradition

WikiLeaks' founder Julian Assange is due to appear in a London court Tuesday as lawyers draw the battle lines in his fight to avoid extradition to Sweden for questioning about alleged sex crimes.

Japan a Facebook laggard; Indonesia has more Facebookers than UK

Socialbakers, which specialize in monitoring the Facebook platform, has revealed some interesting Facebook statistics. Perhaps the most surprising finding is that Japan, whose renown as a technology pioneer is unparalleled, is lagging way behind most countries in terms of Facebook penetration.
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From Mecca to Panj Takht - luxury pilgrimage blooms

When a quest for spirituality or devotion is merged with a sense of luxury, pilgrimage is given a whole new dimension. Luxury has imparted a new concept to a holy journey and this trend is fast catching up across the globe.
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Air France sees 70 million euros hit from weather

Air France-KLM saw a 2 percent increase in passenger traffic in December after heavy snowfall across Europe and the U.S. that will shave an estimated 70 million euros ($90.36 million) off revenues, the airline group said on Monday.
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U.S. to be allowed to probe Lehman UK auditors: report

The United States and UK have settled a jurisdictional dispute that will allow U.S. inspectors to examine whether the British auditors of Lehman Brothers Holdings improperly cleared questionable accounting, Bloomberg said on Monday.
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Defense shares rally modestly on budget relief

Defense stocks dodged a bullet this week when the Pentagon said it plans for its budget to grow modestly through 2014 before leveling off in 2015, but political and fiscal concerns in Congress could slow the sector further during that period and beyond.

British scientists devise an app for test tube babies!

A couple wanting to know their chances of having a baby through in-vitro fertilization (IVF) can now take heart with an application to give them an answer as British researchers have devised a formula that will help them give quite an accurate prediction of the success of IVF treatment. Eager ‘infertile’ couples can now decide whether to try the treatment as researchers have made this formula available as a simple computer calculator application, which will soon be available for download on App...

Collingwood retires from Test Cricket

England's veteran cricketer Paul Collingwood has announced his retirement from Test cricket before the fourth day of the fifth Ashes test at Sydney
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The New Gold Rush

In this piece, we will examine four of gold's most important rules; the irreversible trends affecting the gold price; and how the consequences of these trends will push gold higher in 2011 and beyond.

UK services recovery relapses

The UK service sector reported a drop in output in December, its first fall since April 2009, showing that the economy's growth had declined as the last year drew to a close.

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