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Monday, April 9, 2012

AOL to sell 800 patents to Microsoft for $1 billion

AOL to sell 800 patents to Microsoft for $1 billion


AOL to sell 800 patents to Microsoft for $1 billion

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The AOL logo is seen on the outside of the building housing the companies corporate headquarters in New York(Reuters) - AOL Inc said it would sell over 800 of its patents and related applications to Microsoft Corp, and would grant Microsoft a non-exclusive license to the patents it retains, for slightly over $1 billion in cash. AOL's shares jumped 37 percent to $25.16 in trading before the bell on Monday. They closed at $18.42 on Friday on the New York Stock Exchange. The Internet company said it plans to return a "significant portion of the sale proceeds" to shareholders. ...


Kodiak brown bear on the lam from wildlife refuge

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An Alaska wildlife center that takes in orphaned and injured animals is missing one of its larger residents.

Bail for Tulsa suspects set at more than $9 million each

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Alvin Lee Watts and Jacob Carl England are seen in a combination of undated pictures released to Reuters by Tulsa County Sheriff's Office(Reuters) - Two white men suspected of killing three blacks and wounding two others in Tulsa, Oklahoma, were ordered held on bail of more than $9 million each in their first court appearance on Monday morning, prosecutors said. Jake England, 19, and Alvin Watts, 32, were arrested early on Sunday. Both face three counts of first-degree murder, two counts of shooting with intent to kill and a single charge of firearms possession during a felony. A first-degree murder conviction in Oklahoma can result in the death penalty. ...


Green Day to induct Guns N' Roses into Rock Hall

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Green Day will welcome fellow hard rockers Guns N' Roses into the Rock and Roll Hall of Fame.

Stocks drop in first response to weak March hiring

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Traders Thomas Kay, left, and Steven Kaplan work on the floor of the New York Stock Exchange, Monday, April 9, 2012. Stocks pulled back sharply at the open as Wall Street got its first chance to react to a slowdown in hiring in the United States in March. (AP Photo/Richard Drew)Stocks pulled back sharply Monday after a calendar quirk gave investors a long weekend to brood over disappointing March jobs growth. The Dow Jones industrial average hit its lowest point in almost a month.


2 firefighters die in Philadelphia warehouse fire

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Firefighters greet each other in the aftermath of a fire in a warehouse on York Street near Kensington Avenue in Philadelphia on Monday, April 9, 2012. Two firefighters died after a wall collapsed on them while they fought the massive early-morning blaze. (AP Photo/Matt Rourke)Two firefighters who were battling a massive blaze at an abandoned warehouse Monday were killed when an adjacent furniture store they were inspecting collapsed, burying them in a pile of debris, authorities said.


Syrians fire across 2 borders as conflict deepens

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In this citizen journalism image provided by the Local Coordination Committees in Syria taken on Sunday, April 8, 2012, A Syrian man holding a microphone attends a demonstration in Damascus, Syria. A leading international human rights group says Syrian forces have summarily executed several people, most of them civilians. Monday's report by Human Rights Watch says this includes several mass executions in the restive provinces of Homs and Idlib. Arabic writing on the wall reads, The bloody conflict in Syria spilled across two tense borders Monday when gunfire from government forces killed a cameraman in Lebanon and wounded at least six people in a refugee camp in Turkey, authorities said.


Shares, oil fall as U.S. jobs data stirs concern

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A man passes an electronic screen displaying graphs of the movements of share prices around the world as cherry blossoms are in full bloom in TokyoAsian shares fell on Monday as a sharp slowdown in U.S. jobs growth raised concerns about the strength of the world's largest economy, making investors cautious ahead of more U.S. data and earnings as well as figures from China due this week. MSCI's broadest index of Asia Pacific shares outside Japan fell for a fourth straight session, down 0.3 percent, while Japan's Nikkei average opened down 1.3 percent, after posting its worst weekly loss in eight months last week. U.S. stock futures fell more than 1 percent and Treasuries prices rallied on Friday after data showed U.S. ...


U.N. chief "deplores" Syria border clashes

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UNITED NATIONS (Reuters) - U.N. Secretary-General Ban Ki-moon said on Monday he deplores the cross-border shootings from Syria into Turkey and Lebanon ahead of a ceasefire deadline in the yearlong conflict that has pushed Syria to the brink of civil war. Turkey said two officials working in a refugee camp near the country's border with Syria were among five people wounded on Monday by gunfire coming from Syria as troops clashed with rebels nearby. Lebanon's Al-Jadeed television channel said Syrian soldiers fatally shot a cameraman as he stood on the Lebanese side of the border. ...

Dior names Raf Simons as new artistic director

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FILE - Belgian designer Raf Simons acknowledges the applause of the audience at the end of the Jil Sander Spring/Summer 2012 women's collection in Milan, in this Saturday, Sept. 25, 2011 file photo. Christian Dior on Monday April 9 2012 named Belgian designer Simons as its new artistic director, and says he'll present his first show for the renowned fashion house in Paris in July. The appointment comes seven months after star designer John Galliano was convicted by a Paris court for making anti-Semitic insults. (AP Photo/Giuseppe Aresu, file)Christian Dior has named Belgian designer Raf Simons as its new artistic director, seven months after star designer John Galliano was convicted by a Paris court for drunken anti-Semitic ravings.


Georgia's Stalin museum to focus on his atrocities

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A bust of Soviet dictator Josef Stalin sits inside a museum dedicated to him in the town of Gori, some 80 kilometers (50 miles) west of the Georgian capital Tbilisi, Monday, April 9, 2012. A museum that has honored Josef Stalin in Georgia since 1937 is being remodeled to exhibit the atrocities that were committed during the Soviet dictator's rule. (AP Photo/Shakh Aivazov)A museum that has honored Josef Stalin in Georgia since 1937 is being remodeled to exhibit the atrocities that were committed during the Soviet dictator's rule.


Wave of bomb threats at Pitt leaves campus on edge

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Dozens of bomb threats at the University of Pittsburgh over the past two months have students on edge and show no sign of stopping soon.

Odom done playing for Mavericks

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Lamar Odom is done after 50 games in Dallas, a mutual decision that comes with the defending NBA champion Mavericks trying to make sure they get back in the playoffs.

Raging clashes ahead of Syria pullout deadline

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An image grab taken from a video uploaded on YouTube allegedly shows Syrian army tanks stationed in HomsClashes raged in Syria Monday ahead of a UN deadline for the regime to pull its troops out of protest hubs, with the US saying Damascus has shown no sign of sticking to a plan to end the fighting.


AOL to sell more than 800 patents to Microsoft

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Specialist Ned Zeles, left, talks with trader Paul Lawless at the AOL post on the floor of the New York Stock Exchange, Monday, April 9, 2012, in New York. AOL Inc. shares surged Monday to their highest level in more than a year after it said it has agreed to sell 800 of its patents and license others to Microsoft Corp. for about $1.06 billion in cash. (AP Photo/Richard Drew)Faltering Internet icon AOL was able to squeeze out more than $1 billion from Microsoft for a trove of some 800 patents in an auction, the latest sign of just how valuable such portfolios can be for the world's biggest technology companies.


Indiana man charged with child sexual exploitation

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This photo provided by the U.S. Attorney's Office in Indianapolis shows Richard Leon Finkbiner, 39, of Brazil, Ind. Federal prosecutors say Finkbiner may have coerced teenage boys across the country into sexual activity that he recorded online. Court documents say that FBI investigators found sexually explicit videos showing hundreds of teenagers on Finkbiner's computer. (AP Photo/U.S. Attorney's Office)Investigators are trying to identify hundreds of potential victims whose images were found on the computer of an Indiana man charged with coercing two teenage boys into recording sexually explicit videos by threatening to post clips of their previous online indiscretions on gay porn websites.


Report: Baylor exceeds limits on calls, texts

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The Baylor basketball programs may be in trouble with the NCAA after an investigation found that coaches made more than 1,200 impermissible calls and text messages to prospects over a 29-month span dating to 2008.

Study: Fungus behind bat die-off came from Europe

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FILE - This Oct. 2008, file photo, provided by the New York Department of Environmental Conservation shows a brown bat with white nose fungus in New York. Federal officials are granting $1.4 million to scientists investigating deadly white-nose syndrome in bats. The fungal infection has killed more than 5.5 million bats in eastern North America since it was first detected in upstate New York in 2006. (AP Photo/New York Department of Environmental Conservation, Ryan von Linden, File)The mysterious deaths of millions of bats in the United States and Canada over the past several years were caused by a fungus that hitchhiked from Europe, scientists reported Monday.


South Korea says North preparing for nuclear test

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South Korean Army soldiers watch a TV news program which shows North Korea's Unha-3 rocket at Seoul train station in Seoul, South Korea, Monday, April 9, 2012. North Korean space officials moved all three stages of the long-range rocket into position for a controversial launch, vowing Sunday to push ahead with their plan in defiance of international warnings against violating a ban on missile activity. (AP Photo/Ahn Young-joon)Recent satellite images show North Korea is digging a new underground tunnel in what appears to be preparation for a third nuclear test, according to South Korean intelligence officials.


Goodell upholds penalties in Saints bounty case

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FILE - This Oct. 16, 2011 file photo shows New Orleans Saints head coach Sean Payton watching his team warm up for an NFL game against the Tampa Bay Buccaneers, in Tampa, Fla. NFL Commissioner Roger Goodell has rejected the appeals of coach Sean Payton and other New Orleans Saints officials stemming from the league's probe into the club's bounty system. After hearing from Payton, general manager Mickey Loomis and assistant head coach Joe Vitt last week, Goodell decided Monday, April 9, 2012, to uphold his initial sanctions, which include Payton's suspension for the entire 2012 season. (AP Photo/Chris O'Meara, File)Sean Payton now knows for certain he won't be coaching in 2012.


Syria demands guarantees, rebels say peace plan doomed

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Smoke rises from the Al Qusoor district of HomsSyria on Sunday demanded written guarantees insurgents will stop fighting before it pulls back troops under the terms of a U.N. peace plan, and a rebel leader said the initiative was doomed. "The regime will not implement this plan. This plan will fail," Free Syrian Army (FSA) chief Riad al-Asaad told Reuters. Escalating violence has already raised questions over the ceasefire. Opposition activists said dozens of people were killed and wounded on Sunday when President Bashar al-Assad's loyalists shelled a rebellious area near the border with Turkey. U.N. ...


Bubba Watson now faces task of mastering fame

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Charl Schwartzel, right, of South Africa, helps Bubba Watson put on the green jacket after winning the Masters golf tournament following a sudden death playoff on the 10th hole Sunday, April 8, 2012, in Augusta, Ga. (AP Photo/David J. Phillip)Bubba Watson had reason to feel like a rock star.


Iran proposal joins jockeying before nuclear talks

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FILE- In this April, 9, 2007, file photo Iranian President Mahmoud Ahmadinejad, speaks at a ceremony in Iran's nuclear enrichment facility in Natanz, 300 kms (186 miles) south of capital Tehran, Iran. Critical nuclear talks between Iran and world powers could begin this week in an atmosphere of impasse.(AP Photo/Hasan Sarbakhshian, File)Iran is signaling a possible compromise offer heading into critical talks with world powers deeply suspicious of its nuclear program: offering to scale back uranium enrichment but not abandon the ability to make nuclear fuel.


U.S. dismisses Syrian demand for written guarantees

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WASHINGTON (Reuters) - The United States on Monday dismissed Syrian demands for written guarantees that rebels would lay down arms as a stalling tactic and voiced outrage at reports Syria attacked refugees inside Turkey. Syria was to have started pulling troops out of towns and cities by Tuesday, paving the way for a ceasefire under a peace plan designed to end Syrian President Bashar al-Assad's efforts to crush more than a year of anti-government protests. ...

Officials: Blast in Bahrain injures 7 policemen

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An explosion injured at least seven Bahraini policemen Monday in an area hit by frequent clashes between security forces and anti-government protesters in the Gulf kingdom, officials said.

3 Asian airlines avoiding North Korean rocket path

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Some Asian airlines plan to change flight paths for several routes to avoid a rocket North Korea is expected to launch in the next week.

Prosecutor rules out grand jury in Trayvon Martin case

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A young participant watches a speaker from behind a sign during a rally organized by the National Christian League of Councils for slain teen Martin in TallahasseeORLANDO, Florida (Reuters) - The special prosecutor investigating the shooting death of unarmed Florida teenager Trayvon Martin has ruled out using a grand jury in the case, meaning her office alone will decide whether to charge shooter George Zimmerman with a crime. The case has captured national attention, largely because of race. Martin, 17, was black and Zimmerman, 28, who has not been charged, is white and Hispanic. Police in the town of Sanford declined to arrest Zimmerman after the shooting, saying they found no evidence to contradict his account that he acted in self-defense. ...


Possible Hudson family murder trial jurors queried

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FILE - In this Sept. 27, 2011 file photo, singer and Oscar-winning actress Jennifer Hudson speaks in Chicago. On Monday, April 9, 2012, a judge will question potential jurors as jury selection begins in earnest at the Chicago trial of William Balfour, the man accused of murdering Hudson's mother, brother and 7-year-old nephew in 2008. Testimony begins April 23. (AP Photo/M. Spencer Green, File)A potential juror in Chicago who works as a physical therapist says she watched "American Idol" during the year actress Jennifer Hudson appeared on the show. But she says that wouldn't affect her ability to be fair to a defendant who's accused of murdering the Oscar winner's mother, brother and nephew.


Pollard at prison hospital since April 4

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FILE - In this May 15, 1998 file photo, Jonathan Pollard speaks during an interview in a conference room at the Federal Correction Institution in Butner, N.C. The U.S. Bureau of Prisons says convicted Israeli spy Jonathan Jay Pollard has been hospitalized at a prison medical center in Butner, N.C., since April 4. (AP Photo/ Karl DeBlaker, File)Convicted Israeli spy Jonathan Jay Pollard has been hospitalized at a prison medical center in Butner, N.C., since April 4, the U.S. Bureau of Prisons said Monday.


Gunmen in Nigeria attack, kill 4 people

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Gunmen suspected of being members of a radical Islamist sect have killed at least four people — including a 6-year-old girl — in recent attacks in Nigeria's restive northeast, authorities said Monday.

Facebook to buy Instagram for $1 billion

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A photo illustration shows a picture of a flower taken with the photo-sharing application Instagram on the screen of an Android mobile phone in Los AngelesSAN FRANCISCO (Reuters) - Facebook will pay $1 billion in cash and stock for Instagram, a 2-year-old photo-sharing application developer, in its largest-ever acquisition just months before the No. 1 social media website is expected to go public. The price was stunning for an apps-maker without any significant revenue, even with soaring startup valuations in Silicon Valley, as Facebook sought to absorb a potential rival or at least prevent it from falling into the hands of a major competitor like Twitter or Google. ...


Herman Wouk, 96, has a new novel

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FILE - This May 15, 2000, file photo, shows author Herman Wouk in Palm Springs, Calif. At age 96, Wouk is ready for a fresh start. The author of At age 96, Herman Wouk is ready for a fresh start.


Wash. man on the run finds time to update Facebook

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He's on the lam, but Travis A. Nicolaysen still had time to update his Facebook page.

Exiled son of shah of Iran calls for Israel's help

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The exiled son of the toppled shah of Iran called on Israel not to bomb his home country, but rather to help the opposition to the ruling system, in an interview aired Monday on Israeli television.

After $1B, experts see progress on autism's causes

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In this undated photo provided by the UC Davis Health System, Irva Hertz-Picciotto is shown. Irva Hertz-Picciotto, a researcher at the University of California, Davis, is leading a study into what sparks autism disorders. More than $1 billion has been spent over the past decade searching for autism's causes. (AP Photo/UC Davis Health System)More than $1 billion has been spent over the past decade searching for the causes of autism. In some ways, the research looks like a long-running fishing expedition, with a focus on everything from genetics to the age of the father, the weight of the mother, and how close a child lives to a freeway.


Yemen: 64 killed in clashes with al-Qaida fighters

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An al-Qaida attack on a Yemeni army post in the south set off clashes that left 64 people dead on Monday and prompted local civilians to take up arms alongside the military to beat back the militants, said army officials and residents.

US 'outraged' by Syrian attack on refugees

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The Obama administration is expressing outrage that Syrian troops fired into a refugee camp in neighboring Turkey. It says the cross-border attack coupled with incidents elsewhere bodes ill for a U.N.-brokered plan to end the violence.

Cyndi Lauper memoir due out this fall

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FILE - This March 12, 2012 file photo shows Cyndi Lauper speaking during a news conference at the Foreign Correspondents' Club of Japan in Tokyo. Lauper has a memoir coming out this fall, Atria Books announced Monday, April 9, 2012. (AP Photo/Junji Kurokawa, file)Cyndi Lauper swears her book will show her true colors.


3 killed at Minn. day care; suspect sought

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Police investigate the scene where three people were shot and killed at an in-home day care in Brooklyn Park, Minn., on Monday, April 9, 2012. No arrests were immediately made. (AP Photo/The Star Tribune, Richard Sennott) MANDATORY CREDIT; ST. PAUL PIONEER PRESS OUT; MAGS OUT; TWIN CITIES TV OUTThree adults were killed early Monday at an in-home day care in a suburb northwest of Minneapolis, and a nearby college was locked down as police searched for a suspect who fled on a bicycle.


Tension escalates at Turkey-Syria border before Annan visit

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Syrian refugees arrive at the Reyhanli refugee camp in March 2012Tension escalated on Monday between Turkey and Syria after shots fired from across the border injured six people in a Turkish refugee camp, angering Ankara a day before a visit by international envoy Kofi Annan.


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