Austrian Law Student Faces Down Facebook

The New York Times BERLIN — As Wall Street prepares for a record, multibillion-dollar initial stock sale from Facebook, the social networking site, a meeting with the potential to shape the economics of the deal was set to take place Monday in Vienna. Richard Allan, a former member of Parliament in Britain who is the … Read more

Univision, Disney look at English news channel

By LAURA WIDES-MUNOZ MIAMI (AP) – Univision and Disney are in talks to create a 24-hour news channel for Latinos in English, two sources close to the negotiations said Monday. Both sources declined to go on the record because they were not authorized to speak. The goal would be to begin broadcasting before the November … Read more

Verizon to set up streaming service with Redbox

By PETER SVENSSON NEW YORK (AP) – Phone company Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks. Verizon and Coinstar Inc., Redbox’s parent company, said Monday that the service will be national and available to non-Verizon customers as well. It adds another … Read more

Facebook surrenders its privacy in IPO documents

By MICHAEL LIEDTKE SAN FRANCISCO (AP) – Facebook is baring its business soul. The unveiling came late Wednesday when the company that depends on people to share their lives online filed its plans to raise $5 billion in an initial public offering of stock. It’s a revelatory moment that prospective investors, curious competitors and nosy … Read more

Neil Young: Steve Jobs listened to vinyl

By RYAN NAKASHIMA DANA POINT, Calif. (AP) – Legendary rocker Neil Young took his campaign for higher-fidelity digital sound to the stage of a technology conference Tuesday, saying a giant of the industry was on his side: the late Steve Jobs. Young said the Apple co-founder was such a fan of music that he didn’t … Read more

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