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The U.S. and China: A Duel to the Debt (The Motley Fool) The Motley Fool - In this period of "exceptional uncertainty" (to quote Federal Reserve Chairman Ben Bernanke), where can investors turn for a considered perspective on the current environment? Produced to feed the beast of the 24-hour news cycle, the bulk of financial journalism and commentary today isn't worth the servers it is stored on. One not......




Path Apologizes, Deletes All Address Book Data (Mashable) Mashable - Dave Morin, the CEO of beleaguered social network Path, posted an apology today addressing the recent controversy over how the app accesses information on a user's phone. Saying the the company made a mistake, Morin promises Path has purged all address-book data from its servers. In the blog post, titled simply "We are sorry," Morin says......


Path iPhone app shown to be uploading iOS address books to its servers (Appolicious) Appolicious - One of the most popular social networking apps available for iOS and Android devices is in a bit of hot water.


Facebook may open source some of its back-end code this year (Digital Trends) Digital Trends - CEO Mark Zuckerberg recently described Facebook as embracing “the hacker way,” which is to say that the company has a sort of freedom and interest in constantly innovating, breaking, and creating without boundaries that limit other enterprise businesses. How much that applies to Facebook in practice has long been up for debate,......


Cisco seen reporting solid second quarter (Reuters) Reuters - A year after network equipment maker Cisco Systems Inc unnerved investors with yet another weak quarterly outlook the company looks set to report a stable quarter buoyed in part by improving enterprise demand in the United States.


Group seeks to save data on Megaupload servers (Reuters) Reuters - The Electronic Frontier Foundation on Thursday asked federal prosecutors and lawyers for the Megaupload.com file-sharing service to allow users who uploaded material to retrieve it as long as it was not copyrighted material.


IBM planning major job cuts in Germany: union (Reuters) Reuters - International Business Machines is sounding out plans to cut thousands of jobs in Germany and other countries to reduce costs and raise earnings, a German union official said.


Megaupload users: EFF wants to help you recover lost files (Digital Trends) Digital Trends - As of Monday, it seemed all but guaranteed that the files stored on the servers used by Megaupload, which was seized by the US government on January 19, were gone for good. This includes the data of people who used Megaupload for legitimate purposes, like distributing work documents, or their own photo and video creations. But than......


Romanian prosecutors probe man who hacked Pentagon (AP) AP - Organized crime prosecutors say they are investigating a 20-year-old Romanian suspected of hacking into several Pentagon and NASA servers.


Upload at your own risk: Most cloud storage services offer no data guarantee (Digital Trends) Digital Trends - It’s become increasingly clear that users who lost files due to the US government’s seizure of Megaupload will, most likely, never get their files back. First of all, Megaupload’s hosting company, Carpathia Hosting, will allegedly begin deleting files on Thursday due to non-payment by Megaupload. Second — and here’s the s......


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