Saudis on Twitter deny rumors King Abdullah dead

A Saudi journalist and a member of the royal family denied rumors on Thursday that King Abdullah bin Abdulaziz, in hospital since December suffering from pneumonia, had died, according to messages on social media. King Abdullah, who took power in 2005 after the death of his half-brother King Fahd, is thought to be 91, although official accounts are unclear. “All that is being reported about King Abdullah's death is far from the truth,” Ibrahem al-Rawsa, identified as a journalist at state-run Saudi Press Agency, wrote on his Twitter account

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Google, Viacom win dismissal of children’s web privacy lawsuit

The lawsuit claimed that Viacom secretly kept track of children under the age of 13 who streamed videos and played video games on its Nick.com website, and shared what it learned with Google. It said both companies then without permission put text files known as “cookies” into the children's computers, letting them gather additional information that advertisers could use. The lawsuit was brought on behalf of young children who registered to use Nick.com.

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EBay to cut jobs, sell enterprise unit ahead of PayPal split

By Deepa Seetharaman SAN FRANCISCO (Reuters) – EBay Inc plans to cut its workforce by 7 percent, or 2,400 jobs, in the current quarter and is exploring a sale or public offering of its enterprise unit as the e-commerce company prepares to split from its payments division, PayPal, this year. The jobs will be cut across the marketplace, payments and enterprise divisions, eBay said on Wednesday in its fourth-quarter earnings report.

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Republicans face uphill battle on net neutrality bill

By Alina Selyukh WASHINGTON (Reuters) – U.S. Democrats on the Senate and House commerce committees on Wednesday signaled no interest in rushing to adopt “net neutrality” legislation before the Federal Communications Commission sets new Internet traffic rules next month.

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Accused Silk Road operator maintained journal about website: U.S

By Nate Raymond NEW YORK (Reuters) – The accused operator of the online black marketplace Silk Road had a digital journal on his laptop detailing the development of the website and predicting it would become a “phenomenon,” jurors heard on Wednesday. Prosecutors showed jurors in Manhattan federal court journal entry excerpts dated in 2010 and 2011 found on a laptop seized when the FBI arrested Ross Ulbricht, who authorities say operated the website where drugs and other illicit goods could be bought with bitcoins. “Silk Road is going to become a phenomenon and at least one person will tell me about it, unknowing that I was its creator,” a 2010 journal entry on Ulbricht's laptop said.

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SAP sees lower margins for years to come as cloud transition bites

By Harro Ten Wolde WALLDORF, Germany (Reuters) – Europe's largest software group SAP SE has cut key profit forecasts and abandoned a target for higher margins, saying its stepped-up push to deliver products via the cloud would dampen profitability until at least 2018.

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China’s Tencent shuts down 133 WeChat accounts for ‘distorting history’: Xinhua

Tencent Holdings Ltd, China's biggest social networking firm, has shut down 133 accounts on its hugely popular mobile messaging app for “distorting history”, state media said on Tuesday, citing a government internet authority.

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Twitter buys Indian mobile marketing start-up ZipDial

(Reuters) – Twitter Inc on Tuesday said it will buy Indian mobile phone marketing start-up ZipDial, reportedly for $30 million to $40 million, as the U.S. microblogging service looks to expand in the world's second-biggest mobile market. Bengaluru-based ZipDial gives clients phone numbers for use in marketing campaigns.

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Google sticks to EU only application of ‘right to be forgotten’

By Julia Fioretti BRUSSELS (Reuters) – Google is only removing search results from European websites when individuals invoke their “right to be forgotten”, contrary to regulators' guidelines, but will review that approach soon, the company's chief legal officer said on Monday. The issue of how far the so-called right to be forgotten should extend has concentrated the minds of Europe's privacy regulators since the continent's top court ruled in May that individuals could have “inadequate, irrelevant or no longer relevant” information removed from search results.

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