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EU court: Web sites need not check for IP breaches

A European Union court ruled Thursday that social networking sites cannot be compelled to install general filters to prevent the illegal trading of music and other copyrighted material.

Big payouts from startups excite Silicon Valley

Everyone dreams of striking it rich - and what they would do with such a windfall. A new house? A fancy car? Maybe designer clothes selected by a personal shopper. For some in Silicon Valley, those wishes may soon come true.

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