Technology Report: Government seizes websites accused of selling fake goods

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	11/28/2011
Good afternoon Bit Amazon.com said on Monday it saw a surge in sales of its Kindle devices, helped by its new Kindle Fire tablet, on the crucial "Black Friday" shopping day after Thanksgiving. Consumers bought four times as many Kindles on Black Friday as they did on the same day last year, when the company sold only e-readers, the largest Internet retailer reported. Twitter has acquired a start-up company that makes software to improve security and privacy for smartphones and other mobile devices. With its acquisition of Whisper Systems, Twitter gains technology to bolster security of its fast-growing microblogging service and gets a pair of highly-respected experts in the field of online security. Australia's five major ISPs have revealed their plans to crack down on online piracy by sending warning notices to suspected illegal downloaders while assisting rights holders to pursue serial offenders through the courts. The Communications Alliance - which represents Telstra Bigpond, iiNet, Optus, iPrimus and Internode - says its plan protects consumers while respecting the rights of copyright holders, writes ABC News. The European Commission plans to put a stop to the way Facebook gathers information about its users, including their political opinions, religious beliefs, whereabouts and sexual preferences, and how the social network sells that information for commercial purposes, International Business Times reports. (Photo above shows a reporter trying a new $79 Kindle tablet at a news conference during the launch of Amazon's new tablets in New York, September 28, 2011. REUTERS/Shannon Stapleton) LATEST NEWS Government seizes websites accused of selling fake goods November 28, 2011 01:37 PM ET WASHINGTON (Reuters) - Some 150 websites allegedly selling counterfeit goods including shoes, purses, sunglasses and sports jerseys have been seized, authorities said on Monday, coinciding with the Cyber Monday holiday shopping day. | Full Article Analysts split on BlackBerry's fate November 28, 2011 01:57 PM ET (Reuters) - A pair of Monday morning notes on Research In Motion paint sharply contrasting views of the company that makes the BlackBerry. | Full Article Amazon says Kindle sales surge on Black Friday November 28, 2011 03:07 PM ET (Reuters) - Amazon.com Inc said on Monday it saw a surge in sales of its Kindle devices, helped by its new Kindle Fire tablet, on the crucial "Black Friday" shopping day after Thanksgiving. | Full Article Twitter acquires mobile security start-up company November 28, 2011 02:16 PM ET (Reuters) - Twitter has acquired a start-up company that makes software to improve security and privacy for smartphones and other mobile devices. | Full Article Exclusive: New link emerges between Japan's Olympus and veteran November 28, 2011 10:35 AM ET TOKYO/HONG KONG (Reuters)- Documents unearthed by Reuters show a new link between Japan's Olympus Corp and a veteran banker at the center of an accounting scandal engulfing the firm, as attention focuses on the role he played in the company's deal-making. | Full Article BUSINESS NEWS Wall Street gains with euro zone, consumer hopes November 28, 2011 04:01 PM ET NEW YORK (Reuters) - Stocks jumped on Monday as optimism grew that European leaders would come up with a new plan to resolve the region's debt crisis and following a strong start to the U.S. holiday shopping season. | Full Article Judge blocks Citigroup-SEC settlement November 28, 2011 03:40 PM ET NEW YORK (Reuters) - A federal judge angrily blocked Citigroup Inc's proposed $285 million settlement over the sale of toxic mortgage debt, excoriating the top U.S. market regulator over how it reaches corporate fraud settlements. | Full Article Exclusive: Regulators doubt MF Global shortfall estimate November 28, 2011 03:33 PM ET WASHINGTON (Reuters) - U.S. regulators are privately questioning a bankruptcy trustee's estimate that puts the shortfall in MF Global Holdings' customer funds at around $1.2 billion, a source familiar with the matter said on Monday. | Full Article October home sales rise 1.3 percent but prices fall November 28, 2011 01:55 PM ET WASHINGTON (Reuters) - Sales of new homes rose in October and the supply of homes on the market fell to its lowest level since April of last year, showing some healing in the battered housing sector. | Full Article Germany, France press coercive euro zone debt rules November 28, 2011 03:54 PM ET BERLIN/BRUSSELS (Reuters) - Germany and France stepped up a drive on Monday for coercive powers to reject euro zone members' budgets that breach EU rules, as a market rout of European debt eased temporarily on hopes of outside help for Italy and Spain. | Full Article U.S. TOP NEWS Pakistan PM: No more 'business as usual" with U.S. Barney Frank, author of Wall St reform, to retire Syria sanctioned and condemned for "brutality" Italy, Spain haven't asked IMF for help: Lagarde Egypt's post-Mubarak poll peaceful, high turnout RELATED VIDEO Reuters Summit: Strong start for Activision's holiday sales Cross-species transplantation brings new hope to diabetics Robot legs help stroke survivors to walk again A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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