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Chinese group: U.S. uses Facebook to sow unrest

A Chinese government-backed think tank has accused the U.S. and other Western governments of using social networking sites like Facebook  to spur political unrest and called for stepped-up scrutiny of the wildly popular sites.

As China’s online population — the world’s largest — surges past the 400 million mark, its Communist government is growing increasingly sensitive to any online threats to its authority. Although Beijing operates an extensive system of monitoring and censorship to block material deemed subversive, the Internet is still the most open and lively forum for discussion in a society where traditional media are controlled by the state.

Boeing picks up firm to prevent cyber attacks

Boeing announced its second acquisition in as many weeks, saying it will buy anti-cyber attack software company Narus.

Narus will be a wholly owned subsidiary operating in the Network & Space Systems unit of Boeing’s defense business. Narus also will develop smart grid energy projects, as well as help protect Boeing’s in-house computer network, it said. Get the full story »

Sony slashes e-reader prices to keep up with Kindle

Sony  has cut the prices on its electronic-book readers in an effort to keep up with stiff competition from Amazon.com  and Barnes & Noble, which both recently slashed prices on their own e-readers.

Network glitch slowing some iPhone 4 uploads

In the latest snag for the iPhone 4, AT&T Inc. said Wednesday that a software defect in its network is limiting data uploads from the phone in some areas in the U.S.

That means it takes longer for users to send pictures, video and other content from the phone.

LeBron James makes decision to join…Twitter?

LeBron James made a mid-afternoon arrival Tuesday at his annual skills academy at the University of Akron, while speculation swirled about his future and that of fellow free agent Chris Bosh. The biggest James news of the day, however, was that he is now on Twitter, with a confirmed moniker: @kingjames. His first tweet? “Hello World, the Real King James is in the Building ‘Finally’. My Brother @oneandonlycp3 gas’d me up to jump on board so I’m here. Haaaa”

Apple pulls apps over privacy concerns

Apple Inc. removed a host of applications from its popular App Store and acknowledged  that a developer had engaged in fraudulent purchases, a move that raises concerns about an operation seen as the gold standard for mobile application marketplaces.

On Monday, Apple said applications created by Thuat Nguyen had been removed and alleged Nguyen had engaged in “fraudulent purchase patterns.” The move followed complaints by App Store users that their accounts had been accessed to purchase applications made by Nguyen.

Nguyen could not be located for comment. Get the full story »

After iPhone 4 debut, older iPhones flood market

From Bloomberg | Consumers are selling old iPhones on eBay and other sites after Apple’s record-setting debut of the iPhone 4. Gazelle.com, a site that buys electronics from consumers, purchased 20,000 used iPhones in the two weeks after Apple and AT&T Inc. began taking preorders for the iPhone 4. That compares with 350 in a typical two-week period.

Hard-drive theft puts AMR personnel data at risk

AMR Corp., parent of American Airlines, Friday said a hard drive containing personal information on 79,000 retirees, former employees, and current employees has been stolen from the company’s pension department. Get the full story »

Google may be working on rival site to Facebook

Silicon Valley is speculating that Google is working on a social network to compete with Facebook called Google Me. That speculation stems from a tweet by Digg CEO Kevin Rose that he has since deleted (“Ok, umm, huge rumor: Google to launch facebook competitor very soon — ‘Google Me’, very credible source”) and from comments on Quora from former Facebook CTO and Quora founder Adam D’Angelo.

Google scoops up air travel data firm ITA Software

Google Inc. is poised to shake-up the online travel market with its $700-million acquisition of ITA Software Inc., whose search engine tools are used to power leading Web-based travel agencies like Chicago-based Orbitz Worldwide.

The all-cash deal announced Thursday would make Google a vendor to — and potential competitor of — many of the most prominent online travel sites, including Kayak.com, FareCompare.com, Hotwire Group and Microsoft Corp.’s Bing Travel.

The deal is almost certain to face tough scrutiny from federal antitrust officials, given Google’s conflicted role and its clout as a sprawling Internet giant. Get the full story »

Google News gets more personal

Google is giving its users the chance to tailor the news to fit their interests. As part of a new look unveiled Wednesday, the English-language version of Google’s online news section is offering tools that will enable readers to specify what kind of stories interest them.

Sprint Nextel says EVO 4G phone in short supply

Sprint Nextel Corp. has been seeing shortages of its EVO high-speed phone from HTC Corp. in some places due to better-than-expected demand, Chief Executive Dan Hesse said Tuesday.

Hesse said he wished he had more  EVOs, which launched  June 4, after his keynote presentation at a Forrester Customer Experience conference. Get the full story »

Amazon downgraded with crowded e-book market

Despite its early lead in the fast-growing e-book market, Amazon.com Inc. (AMZN) faces growing competition from tech giants Google Inc. (GOOG) and Apple Inc. (AAPL), according to one analyst.

Marianne Wolk of Susquehanna downgraded Amazon to a neutral rating on Monday. In a note to clients, the analyst cited “intensifying competition” in the e-book market, which is creating more uncertainty around the company’s Kindle business. Get the full story »

Conference to show ATM vulnerability to hackers

A security expert has identified flaws in the design of some automated teller machines that make them vulnerable to hackers, who could make the dispensers spit out their cash holdings.

Barnaby Jack, head of research at Seattle-based, security firm IOActive Labs, will demonstrate methods for “jackpotting” ATMs at the Black Hat security conference in Las Vegas that starts on July 28. Get the full story »

T-Mobile boosts network inside Union Station

T-Mobile said it has installed more antennas inside Chicago’s Union Station to provide better service inside and around the building.

The bolstered 3G network launched on Monday. The Bellevue, Wash.-based carrier said commuters at Union Station should notice improved coverage on the mezzanine and concourse levels, including areas such as the terminals, boarding lounges and the food court. Get the full story »