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Paper Glider app may be 'lame' but wins Gail Davis $10,000

The Paper Glider app in Apple's App Store promises to help the bored kill time by seeing how far you can flick and fly your paper aeroplane but last Saturday it did something more - it helped UK-based Gail Davis win $10,000 in iTunes gift card from Apple as it was the 10 billionth app downloaded.
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Coming next: Carry-along basestation for travelers

A technology startup backed by Google unveiled on Wednesday the world's first personal base station for international travelers, enabling them to cut roaming fees and make mobile calls like in a home country.
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LG Elec posts record loss on phones, TVs

South Korea's LG Electronics reported a record quarterly loss on Wednesday, as its phone business remained weak and its TV division also lost money, hurt by steep price declines in television.
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Twitter site blocked in Egypt: Harvard's Herdict

Egyptians say the Twitter Web site is blocked on all Internet Service Providers in their country, a representative of Harvard University's Herdict Web monitoring service told Reuters on Tuesday.
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J&J sales lag after recalls; 2011 view disappoints

Johnson & Johnson reported disappointing quarterly revenue due to plunging U.S. sales of consumer products that continue to be recalled for quality-control lapses, and the diversified healthcare company forecast 2011 earnings below Wall Street expectations.
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MetroPCS challenges new U.S. Internet rules

MetroPCS Communications became the second company to challenge the U.S. Federal Communications Commission's new Internet traffic rules, following Verizon Communications' appeal last week.
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J&J sales disappoint, recalls hit consumer brands

Johnson & Johnson's fourth-quarter profit fell, with revenue falling far short of forecasts due to plunging U.S. sales of consumer products that continue to be recalled for quality-control lapses.
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Verizon profit, revenue fall short

Verizon Communications' quarterly revenue was slightly behind Wall Street's expectations, even as it reported stronger-than-expected wireless subscriber growth.
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Ericsson sees strong 2011 as data traffic explodes

Ericsson forecast strong demand for mobile broadband equipment in 2011 after a surge in fourth-quarter sales on the back of consumer demand for smartphones boosted growth for the first time in two years.
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Verizon profit, revenue miss Street view

Verizon Communications' quarterly profit and revenue were slightly behind Wall Street's expectations, sending the company's shares down more than 1 percent, even as it reported stronger-than-expected wireless subscriber growth.
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Facebook Gets New Curbs In Germany

Facebook's German business has run into new restrictions on what it can do with email addresses, giving users more control over what happens to the names on their contact lists.
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Verizon wireless growth beats expectations

Verizon Communications added far more wireless subscribers than expected in the fourth quarter, dispelling any worries that customers would put off signing up until the company's Verizon Wireless venture begins selling Apple Inc's iPhone next month.

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