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Pakistan aims to raise $379 million in new taxes to meet IMF targets

Pakistan must raise an extra $379 million (about Rs40 billion) through new tax measures, the finance minister said on Monday, as the government seeks to qualify for its latest IMF loan tranche.

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Exclusive: U.S. Air Force to work on alternative GPS ground system

The U.S. Air Force will continue work on an alternative ground control program and explore outside options to hedge against further cost spikes and delays on Raytheon troubled ground control system for next-generation GPS satellites.

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Yahoo reverses course on plan to spin off Alibaba stake

​Yahoo shelved plans to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N) on Wednesday.

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Facebook plans first Asia-Pacific data center in Taiwan: Government official

The center would require 6 acres (2.43 hectares) of land, with the possibility to expand to 20 acres in the future, according to Magistrate Wei Ming-ku of Changhua County in central Taiwan.

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Yahoo board to weigh future of company, Marissa Mayer: source

The board's meeting comes amid a broader debate about the future of the company and that of high-profile Chief Executive Marissa Mayer.

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Facebook's CEO and wife to give 99 percent of shares to their new foundation

Mark Zuckerberg will put 99 percent of his Facebook Inc (FB.O) shares, currently worth about $45 billion, into a new philanthropy project focusing on human potential and equality, he and his wife said Tuesday in a letter to their newborn daughter.

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U.S. government reveals breadth of requests for Internet records

The Federal Bureau of Investigation has used a secretive authority to compel Internet and telecommunications firms to hand over customer data including an individual’s complete web browsing history and records of all online purchases, a court filing released Monday shows.

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Anonymous hackers target Iceland sites in whaling protest

Activist hackers from the Anonymous collective have claimed responsibility for bringing down five government websites in Iceland in a protest against whale-hunting by the North Atlantic nation.

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Amazon releases video showcasing unmanned delivery drones

Amazon has unveiled what its unmanned drones for package delivery would look like with a video launched on Sunday on the prototype of technology it announced two years ago.

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Thanksgiving shopping crowds 'good not great'; online sales strong

​Retailers across the United States offered early Black Friday discounts to lure bargain-hunters on Thanksgiving eve, but initial checks showed crowds in brick-and-mortar stores were subdued even as online sales jumped.

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Starboard asks Yahoo to sell core business instead of Alibaba stake

Activist investor Starboard Value LP asked Yahoo to drop plans to spin off its stake in Alibaba Group Holdings Ltd (BABA.N) due to tax concerns, and instead urged the company to sell its core search and display advertising businesses.

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From Shanghai to Sydney, tourists think twice about Paris trip

Tour operators canceled package trips and some predicted a further slowdown in bookings as jittery travelers hold off on immediate plans or look to go elsewhere.

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First gay marriages take place in Ireland after landmark vote

Ireland in May became the first country to adopt gay marriage via a popular vote.

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New York prosecutor seeks US law to weaken smartphone encryption

Manhattan District Attorney Cyrus Vance Jr. on Wednesday called for federal legislation requiring tech companies such as Google and Apple to design smartphone operating systems so law enforcement can unlock data stored on them.

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Japan offers financing in bid to win Indian bullet train deal

Japan has offered to finance India’s first bullet train, estimated to cost $15 billion, at an interest rate of less than 1 percent, officials said, stealing a march on China, which is bidding for other projects on the world’s fourth-largest network.

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Lawyers for Porsche say Furious 7 actor Paul Walker to blame for his death

(Reuters) - Lawyers for German automaker Porsche said actor Paul Walker was responsible for his own death in a crash of a Porsche sports car, in response to a wrongful death lawsuit filed by his daughter, court documents showed.