Unclear if China ready to sign IT agreement: WTO chief

BEIJING (Reuters) – China is part of “intensive” talks on a global trade pact regarding information technology products, the World Trade Organization's chief said on Saturday, but it is unclear if a deal will be made at a meeting of Asia-Pacific leaders underway in Beijing. The United States and other countries have been hopeful that China would sign on to the Information Technology Agreement (ITA), which requires signatories to eliminate duties on some IT products, during the Asia-Pacific Economic Cooperation summit that ends on Tuesday.

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California man sentenced to 37 years for raping women he met on dating sites

(Reuters) – A California man described by prosecutors as a dangerous internet predator was sentenced on Friday to 37 years to life in prison for raping two women he met on dating websites including ChristianMingle.com, an attorney for one of the victims said. Sean Patrick Banks, 39, must serve 85 percent of the sentence before becoming eligible for parole, attorney Gloria Allred said

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Texan charged in first bitcoin securities fraud Ponzi case

By Jonathan Stempel NEW YORK (Reuters) – A Texas man who operated Bitcoin Savings and Trust was charged on Thursday with bilking his investors, in what prosecutors called the first federal criminal securities fraud case arising from a bitcoin-related Ponzi scheme. Trendon Shavers, 32, of McKinney, Texas, was charged with misappropriating about 146,000 of the 764,000 bitcoin, then worth more than $4.5 million, that he raised from September 2011 to September 2012 by promising investors “absurdly high” interest rates, U.S.

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Germany, Brazil push the U.N. to be tougher on digital spying

By Michelle Nichols UNITED NATIONS (Reuters) – Germany and Brazil are pushing the United Nations to be tougher on spying by beefing up an earlier U.N. resolution raising concerns that mass surveillance, interception of digital communications and personal data collection could harm human rights. In a follow up to a U.N.

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Strong advertising sales boost AOL revenue

By Jennifer Saba and Anya George Tharakan (Reuters) – AOL Inc reported stronger-than-expected revenue growth as advertisers used the digital media company's automated platforms to buy and sell digital ads. Total third-quarter revenue rose 12 percent to $626.8 million, ahead of the average analyst estimate of $623.5 million, according to Thomson Reuters I/B/E/S

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China to clean up ‘harmful’ web videos; sites pledge to manage online comments

BEIJING (Reuters) – China’s major web portals have signed a commitment to “self-manage” comments on their websites, state-run Xinhua news agency reported on Thursday.

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Marketing costs weigh on Orbitz quarterly profit

(Reuters) – Orbitz Worldwide Inc reported a lower-than-expected quarterly profit, due partly to higher marketing costs related to a new loyalty program for users of its travel booking websites. Orbitz’s shares were down nearly 2 percent in premarket trading after the company also forecast full-year revenue below analysts’ expectations. The operator of the Orbitz and CheapTickets websites said it expected full-year revenue to rise by 9 percent to 10 percent.

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