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Facebook to connect 1 billion users by 2012

Social networking site Facebook will touch one billion users by 2012 and the fastest growth is coming from Brazil, with Facebook picking up another 1.9 million users in May, according to statistics site Social Bakers.
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Tree of Life wins best at Cannes film festival

U.S. director Terrence Malick won the Palme d'Or for best picture at the Cannes film festival Sunday for The Tree of Life, a meditative, metaphysical epic starring Brad Pitt and Sean Penn.

After Strauss-Kahn, IMF should go for fundamental strategy rethink: AEI

History will remember Dominique Strauss-Kahn as a man who put the International Monetary Fund (IMF) on the road to decline, and that the new leadership should bring about a fundamental rethink of the fund's economic programs for the European periphery, leading think tank American Enterprise Institute has said.
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Brazil to slap barriers on car imports

Brazil will apply non-tariff trade barriers on cars in an effort to protect domestic manufacturers, the government said on Thursday, in a new example of escalating protectionism in South America.
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Zynga buys iPhone game engine development team

Zynga Inc is hiring two key developers of cocos2d, a popular game engine that powers top grossing iPhone apps such as Tap Pet Hotel and Tap Zoo in a move that will help the social games company boost its presence on smartphone and tablets.
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Zynga acquires iPhone game engine development team

Zynga Inc is acquiring two key developers of cocos2d, a popular game engine that powers top grossing iPhone apps such as Tap Pet Hotel, and Tap Zoo, in a move that will help the social games company boost its presence on smartphone and tablets.
Size Zero obsession goes global as stimatization of fat spreads from West across cultures

Size Zero obsession goes global

Indicating the distressing trend of size zero has gone global, a new research has found how stigmatization of fat and obesity has spread from western countries across more accepting cultures.
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Latin America pressed on rising inflation

The International Monetary Fund warned Latin America on Saturday that economies across the region are overheating, and Canada urged policymakers not to underestimate the risks from rising inflation.
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S.Africa tourism rises 15.1 pct in 2010 on World Cup

Boosted by the soccer World Cup, South Africa saw a record 15.1 percent increase in tourist arrivals in 2010 although the total of more than 8 million was not an all time-high, the tourism minister said on Tuesday.

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