Groupon shares soar after $700 million IPO

Groupon shares soared on Wall Street on Friday after the online daily deals sensation raised $700 million in the biggest initial public offering by an Internet company since Google.

FCC unveils rules for rural broadband fund

Federal regulators have unveiled a plan for overhauling the $8 billion fund that subsidizes phone service in rural areas and for the poor. It redirects the money toward broadband expansion.

Eyeing Asian market, LinkedIn launches in Japanese

(AP) -- LinkedIn Corp. on Thursday launched its online professional networking service in Japanese, the first Asian language platform for the rapidly growing company as it pushes to expand in the region.

5 years in US prison for Cisco counterfeiter

The US representative of a Chinese company was sentenced to five years in prison on Friday for importing counterfeit Cisco-branded computer networking equipment, money laundering and other offenses, the Justice Department ...

Breakthrough could double wireless capacity with no new towers

The days of waiting for smartphones to upload video may be numbered. Rice University engineering researchers have made a breakthrough that could allow wireless phone companies to double throughput on their networks without ...

Tech company to build science ghost town in NM

New Mexico, home to several of the nation's premier scientific, nuclear and military institutions, is planning to embark on a science project of unprecedented scale - a petri dish the size of a large U.S. city.

China blog site shuts accounts over 'rumors'

(AP) -- China's most popular microblogging site is cracking down on what it says is the spread of false rumors after the ruling Communist Party told Internet companies to tighten control over information online.

China social networking site warns bloggers

A popular Twitter-like service in China has contacted millions of users warning them to ignore false reports, in a sign of growing official unease over the rise of social networking sites.

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