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Panasonic Forecasts $5.3 Billion Full-Year Loss

Japanese electronics giant Panasonic said Monday it expected to lose $5.3 billion this year as a strong yen and one-off charges would reverse an expected profit.

The company also said it would be shuttering plants and would shifting its procurement and logistics base to Singapore, marking the first time the company's headquarters operations are to be outside Japan.

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Report: Bill Gates Unfussed by Steve Jobs' Harsh Criticism

Microsoft founder Bill Gates coolly parried some harsh criticism from late Apple co-founder Steve Jobs, in an interview with ABC television Sunday, saying their professional rivalry was positive.

Gates, who maintained a long rivalry with the Apple innovator, was asked about an authorized biography of Jobs by Walter Isaacson which portrayed Gates as comparatively uninspired as a creative spirit.

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YouTube Launches Broad Entertainment Venture

YouTube is making a bold step into original programming in an entertainment venture with some 100 content creators, from Madonna to The Wall Street Journal.

The Google Inc.-owned video site said Friday that it's launching more than 100 new video channels. The partners include an array of Hollywood production companies, celebrities and new media groups that will produce mainly niche-oriented videos.

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HP Stock Recovers Some Ground after PC About-Face

Hewlett-Packard Co.'s stock recovered some of its recent losses Friday as investors applauded a change of heart about the technology conglomerate's previously announced plan to shed its personal computer decision.

The about-face announced late Thursday alleviated concerns that HP would compound its myriad of headaches by selling or spinning off a division that accounts for about one-third of the company's revenue.

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'Gossip Girl,' Other CW Shows Coming to Hulu

Current-season shows on The CW including "The Vampire Diaries" and "Gossip Girl" are coming to Hulu.

The five-year deal announced Friday means that before the end of the year, the online video service will feature shows from five of the largest six broadcasters — ABC, NBC, Fox, The CW, and Univision. The only holdout is CBS.

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Behind the Numbers: Samsung Passes Apple in Phones

For the first time, Samsung Electronics Co. shipped more smartphones in the latest quarter than tech industry darling Apple Inc. On the surface, this may look like a big upset in a world that affords the iPhone maker adulation and outsized expectations.

The real reason, however, has more to do with timing and Samsung's variety of offerings and prices.

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Hackers Hit Nigeria Anti-Fraud Agency Website

Hackers have hit the website of Nigeria's top anti-corruption agency over a government official suggesting tighter Internet control in Africa's most populous nation.

A group of hackers calling themselves NaijaCyberHacktivists claimed the attack Friday on the Economic and Financial Crimes Commission's site, which saw its usual home page replaced with a warning from the group. The hackers said the attack was a response to suggestions the government censor Internet content.

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Sony Buys out Ericsson, Gains Control of Smartphone Business

Japanese electronics giant Sony said Thursday it would buy out its Swedish partner Ericsson from their mobile phone joint venture, giving it full control over its increasingly vital handset business.

"Sony will acquire Ericsson's 50 percent stake in Sony Ericsson ... making the mobile handset business a wholly-owned subsidiary of Sony," the two companies said.

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Apple's Tongue-Tied Siri Faces 'Singlish' Rival

Singapore's SingTel has developed an application to rival the voice-activated Siri on the iPhone 4S that is sure to go down well in the island state -- because it can understand "Singlish".

When Apple unveiled its latest handset earlier this month most of the talk was about Siri, which can give directions or even advice to users simply by asking a question into the speaker.

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BlackBerry Outage Triggers Lawsuits

Research In Motion is being sued in the United States and on its home turf in Canada for a BlackBerry service outage that affected millions of people worldwide.

The lawsuits seek class action status to represent all BlackBerry users in the respective countries and call for RIM to pay unspecified cash damages.

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