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BlackBerry maker CEOs step down as pressure mounts

Research In Motion's Mike Lazaridis and Jim Balsillie have bowed to investor pressure and resigned as co-CEOs and co-chairmen, handing the top job to an insider with four years at the struggling BlackBerry maker.

Threats? What Threats? Iran Plays Down U.S. Naval Moves

An F/A-18F fighter jet launches off the aircraft carrier USS John C. Stennis during maneuvers in the Arabian Gulf in this U.S. Navy handout photo dated Nov. 23, 2011
Iran's Revolutionary Guard Corps said on Saturday it considered the likely return of U.S. warships to the Persian Gulf more or less routine activity, backing away from previous warnings to Washington not to re-enter the area.

Rupee Closes Slightly Down; Suspects RBI Intervention

Rupee
The rupee fell for the first session in seven on Friday as dollar demand from oil importers overwhelmed inflows, although suspected central bank intervention helped the currency recover smartly from the day's low.
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Hungary PM backs down

Prime Minister Viktor Orban abandoned plans on Friday to merge Hungary's central bank and markets regulator, the first concrete evidence that he is backing down in a dispute with the European Union that threatens to block a deal on financial aid.
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Megaupload, File-Sharing Web Site, Shut Down by FBI; 7 Indicted [VIDEO]

Federal authorities indicted seven staff members of the popular file-sharing Web site Megaupload Thursday, but made a point of saying it had nothing to do with the SOPA and PIPA legislation currently in the U.S. Congress. The grand jury indictment is part of one of the largest criminal copyright cases ever.
SOPA PIPA Blackout: Google Slows Down Web Crawler to Support Protest

SOPA PIPA Blackout: Google Slows Down Web Crawler GoogleBot to Support Protest

Webmaster trends analyst Pierre Far has announced that GoogleBot, the web crawler that sorts Google's traffic, will be significantly slowed down Wednesday to protest the Stop Online Piracy Act, giving some extra help to sites who've chosen to self-censor on Internet Blackout Day. Google is also providing SEO tips to sites like Wikipedia and Reddit in an effort to bolster their web traffic.
Wikipedia founder Jimmy Wales, attends the eG8 forum in Paris

Wikipedia to Shut Down on Wednesday in Protest Over SOPA

Wikipedia co-founder Jimmy Wales announced on Monday that the free online encyclopedia will go dark for 24 hours on Jan. 18, in protest over Stop Online Piracy Act (SOPA), an anti-piracy bill under consideration before the Congress.
Traders work at their desks at the Frankfurt stock exchange

Eurozone Bank Shares Down, Single Currency Pressured

Euro zone bank shares fell but stocks seen as resilient to an economic slowdown gained on Monday in the wake of Standard and Poor's mass downgrade of euro zone sovereign ratings, while the euro hovered near 17-month lows against the dollar.
Microsoft CEO Steve Ballmer leaves the stage after the last opening Microsoft keynote at the Consumer Electronics Show opening in Las Vegas

Plodding PC sales weigh down Microsoft profit

Microsoft Corp is starting the new year much as it did the one just ended - grappling with weak computer sales tearing a hole in its core Windows business, while it gropes its way slowly into the faster-growing mobile phone and tablet markets.
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Spain doubles target in debt auction, yields down

Spain spread cheer in euro zone markets on Thursday with a successful bond auction where it sold more then double its target and cut borrowing costs in 2012's first real test of appetite for debt from the euro zone's bruised periphery.
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Electric vehicle battery costs coming down: Chu

Industry and government are on track to bring down the cost of batteries to power hybrid and electric cars, which is crucial for improving commercial appeal of those vehicles, U.S. Energy Secretary Steven Chu said on Wednesday.
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Exclusive: Former Goldman trader Sze's Asia hedge fund down

A hedge fund set up by former Goldman Sachs trader Morgan Sze -- the biggest launched in Asia in 2011 -- lost 6.8 percent last year, two sources with direct knowledge of the matter told Reuters, as it was rattled by a sharp drop in Chinese shares.

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