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The content sharing site Megaupload – which is in the news since from the day it was takedown, moved to next step – the data on the site could be erased as soon as Thursday, February 2. The site millions of users stored their data over on the content share buildup. The company hires outside companies – Carpathia Hosting Inc. and Cogent Communications Group...

Canon today announced its earnings report for the fourth quarter of 2011. Net sales for the quarter reached ¥964.8 billion (about $12.6 billion), up from the ¥916 billion the company reported last quarter, but down about 9.7 percent from Q4 2010. Quarterly operating profit, meanwhile, rose 14.2 percent on the year, to ¥94.6 billion ($1.2 billion). Profit for the full fiscal year, declined by 2.4 percent to ¥378.1 billion (approximately $4.9 billion), and compared with the ¥387.6 billion ($5.1 billion). The company raked in for all...

Arabic-language news network Al Jazeera‘s website was hacked by a Syrian hacker group in support of the government’s actions in the country. The group call themselves as the Syrian Electronic Army. Targeting the Al Jazeera’s “Syria Live Blog” which has been providing ongoing coverage of the Arab League’s observer mission to Syria and developments...

GetHired.com, the most comprehensive video-based social recruiting platform and job board, on Sunday announced that it has raised $1.75 million in seed funding. GetHired.com is basically a free service that empowers job seekers to differentiate themselves in the hiring process by creating video and audio profiles to accompany their resume – while assisting potential...

Internet Censorship – the hottest big thing in town as every second internet site is making its wing in the name of “being censored”. The latest in the wing we heard is of Skype – Yes, the Skype, known as Voice Over Internet Protocol, has joined the “being censored” list and file of those users in China. CNET cites a report from the Financial Times, in...

Twitter last week announced its new way of censoring the tweets on the country-by-country basis – the ability which reactively withhold content from users in a specific country despite keeping it available to the rest of the world. The Thailand’s Information and Communication Technology Ministry will work with the micro-blogging site to ensure that tweets in the country will compliance with local law. The ICT Ministry will contact Twitter shortly to seek out the ways in which they could collaborate with the site. ICT permanent secretary...

Israel’s state-owned electric company is gearing up to roll out its own high-speed national broadband network. The technology is termed as “fiber to the home” or in simple words FTTH.  It can provide connection speeds of 100 megabits to a whooping 1 gigabit per second – using fiber optic lines. The company aims with such a move it will turn the current Israel...

Groupon, the world’s largest online coupon website, had accused three of its former sales representative – Nikki Dorough, Brian Hanna and Michael Nolan of leaking out their “confidential trade secrets” when they moved to the search engine giant, Google. The workers said they decided independently of each other to join Google in the fall. Their countersuit was filed on Wednesday in the Cook County Circuit Court in Illinois, where Groupon had originally sued. The workers maintained that Groupon, by filing its complaint on October...

Hacker group Anonymous in context of Anti-Counterfeiting Trade Agreement (ACTA) protest are targeting the European Parliament and governments sites. The group were poking at the sites of the European government bodies. Twenty-two states of European Union have attended the ceremony in Japan and signed the Anti-Counterfeiting Trade Agreement (ACTA) on Thursday, January...

An Infographic from MBA Online that is going to get you to visualize just how mammoth a fortune Apple has created. Our favorite number from the graphic is that if you split Apple’s worth across its employees – each of its employees would get a $6.6 million dollars check. As amazing as the numbers are, each one points to how smart Apple has been in building...