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Long-Awaited Facebook IPO Looms in New Year

Facebook co-founder and chief executive Mark Zuckerberg has deflected talk of going public for years but it looks like it is finally going to happen in 2012.

"The Facebook IPO will be the biggest financial event in the tech industry for 2012," Forrester Research analyst Josh Bernoff said, and one of the biggest initial public offerings ever in the United States.

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LG to Sell 55-Inch TV Using New Ultra-Thin Technology

For flat-panel TVs, the choice for years has been between plasma and LCD. In the coming year, there'll be another choice, at least for those prepared to spend big.

LG Electronics Inc. says it's planning to sell a 55-inch (140-centimeter) set based on organic light-emitting diodes, or OLEDs. The South Korean company is set to show it off at the International Consumer Electronics Show in Las Vegas, which starts Jan. 10.

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Chairman Says Samsung to Focus on New Products

South Korea's Samsung Electronics will this year focus on developing new products and tapping into new businesses to get ahead of competitors amid the global economic slowdown, its chairman said Monday.

Lee Kun-Hee, in a New Year's speech to employees, said existing businesses would experience a stagnation in growth, and that new start-ups would provide the best opportunities even although they will find it increasingly competitive during the downturn.

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‘PrivateX’ Attacks Philippine Vice President's Website

Hackers launched a series of New Year's day attacks that temporarily shut down several Philippine government websites including the office of the vice-president, officials said Monday.

Vice President Jejomar Binay said hackers calling themselves the PrivateX group brought down his official website for 15 hours Sunday and denied access to mostly migrant Filipinos checking on his office's activities.

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Promethean: A Digital Future for Education and Business

Supporting leading educational technology and corporate business innovation, the British Ambassador to Lebanon Tom Fletcher hosted, the British company ‘Promethean’ and its Local partner in Lebanon, Education Technology Manager, IET, at his residence for a reception to present and launch 'Promethean' - the Interactive board to the private sector.

The event was attended by Eugene Viskovic “President Promethean International and Rabih Baalbaki Education Technology Manager, IET, Head of the Catholic schools, father Marwan Tabet, Director General of the ministry of Education Fady Yarak, in addition to representatives from the IT sectors, the military, private businesses and heads of private and public schools.

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Anonymous Releases More Stratfor Data

Online "hacktivist" group Anonymous has released a trove of email addresses and credit card numbers stolen from the website of intelligence analysis firm Stratfor and promised further attacks.

In a statement on Pastebin.com late Thursday, members of Anonymous calling themselves "AntiSec" posted links to what the group said were 75,000 names, addresses, credit card numbers and passwords for Stratfor customers.

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Verizon Backs Down on Bill-Pay Fee after Backlash

Leading U.S. wireless carrier Verizon Wireless backed down Friday on instituting a $2 charge for people paying their bills by credit card after a sweeping popular backlash over the plan.

The reversal just one day after announcing the fee came also after the industry regulator, the Federal Communications Commission, told The New York Times it would investigate the matter "on behalf of American consumers."

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6 Indicted in Internet-Based Car-Selling Scheme

A federal grand jury indicted six foreign nationals on charges that they defrauded hundreds of customers out of more than $4 million in bogus Internet car sales, federal prosecutors said Thursday

The 24-count indictment returned Wednesday alleges a scheme in which vehicles were offered for sale on legitimate websites that deal in auto trading, according to a statement from the U.S. attorney's office.

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RIM Share of U.S. Smartphone Market Slips

BlackBerry maker Research In Motion's share of the U.S. smartphone market declined during the three months ending in November, while Apple and Google's Android platform both made gains, industry tracker comScore said Thursday.

The Waterloo, Ontario-based RIM saw its share of U.S. smartphone subscribers fall to 16.6 percent at the end of November from 19.7 percent at the end of August, according to comScore.

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Google Tops U.S. Web Destination in 2011: Nielsen

Google was the most-visited Web destination in the United States in 2011, followed by Facebook and Yahoo!, industry tracker Nielsen said Thursday.

Google received an average of 153.4 million unique U.S. visitors a month from home and work computers, according to Nielsen.

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