TECHNOLOGY

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LG Display posts Q1 loss, sees prices recovering

South Korea's LG Display Co Ltd posted a second straight quarter of losses due to weak LCD prices, but forecast a pick-up in prices and shipments as the industry recovers from a steep downturn.
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Tech magazine shift from gadget glitz to survive

Technology magazines, facing dwindling advertising and lost luster for big-ticket gadgets, may be turning their attention to helping readers make home improvements or beef-up devices they already own.
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AT&T eager to extend iPhone deal with Apple

AT&T is in negotiations with Apple to extend its exclusive deal to carry the iPhone in the U.S. from 2010 until 2011, The Wall Street Journal reported, citing people familiar with the matter.
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Microsoft says EU antitrust deadline extended

Microsoft Corp confirmed on Wednesday a report that it had received a one-week extension from EU antitrust regulators to respond to charges that it had sought to thwart rivals by bundling its web browser with Windows systems.
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Factory data helps Dow, but Intel drags on Nasdaq

The Dow rose on Wednesday after better-than-expected regional factory data added to hopes that the recession is moderating, prompting investors to pick up shares of manufacturers, including United Technologies and 3M Co .
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Yahoo to cut hundreds of jobs: source

Yahoo Inc is preparing to lay off several hundred workers in the first round of cuts since Carol Bartz became chief executive in January, a source with knowledge of the situation told Reuters.
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NY Times, Funny Or Die contend for Web awards

The New York Times led the pack of nominees for the Webby Awards on Tuesday with 13 nominations, and comedy Web site FunnyOrDie.com also gained attention for its gay marriage video Prop 8: The Musical.
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Smartphone consumers opt for cheap chic

Cell phone makers are expected to report buoyant sales of lower-priced, feature-packed smartphones as consumers opt for cheap chic amid the global recession.
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Intel says PC market hit bottom but shares slide

Intel Corp beat quarterly expectations and declared the worst was over for a battered tech sector, but its shares slid 5 percent after it said economic uncertainty ruled out a clear revenue forecast.
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Yahoo to cut hundreds of jobs: report

Yahoo Inc is preparing to lay off several hundred workers in the first round of cuts since Carol Bartz became chief executive in January, the New York Times reported on Tuesday.
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EBay planning spin-off of Skype through IPO

EBay Inc plans to spin off its Skype unit, acknowledging that the Web telephone service does not fit with the rest of the company, in an indictment of former CEO Meg Whitman's acquisition strategy.
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Intel results top Street forecast

Intel Corp posted stronger-than-expected results but gave only an informal revenue outlook for the current quarter, sending its shares down 5 percent after hours on Tuesday.
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YouTube orchestra prepares for Carnegie debut

An international orchestra of some 90 musicians who auditioned on the YouTube video-sharing Web site will perform at New York's Carnegie Hall on Wednesday after rehearsing together for three days.
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Cisco to set up R&D center, invest in South Korea

Cisco Systems Inc plans to set up a research center in South Korea and invest or lend $500 million in the country's technology and telecom sectors, the Korean presidential office said on Tuesday.
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Cisco to invest, lend $500 million in Skouras

Cisco Systems Inc plans to invest or lend about $500 million in telecom operators and technology infrastructure in South Korea over the next five years, the country's presidential office said on Tuesday.
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Book a bed and breakfast, catch a computer virus

The number of computer viruses is growing extraordinarily fast and shifting from phishing e-mails to being hidden in seemingly safe websites such as a local bed and breakfast, says Internet security company Symantec Corp in a new report on Tuesday.

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