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Amazon Streams Video to Xbox 360 Consoles

Online retail powerhouse Amazon.com on Tuesday announced a collaboration with Microsoft to begin streaming films and television shows to Xbox 360 videogame consoles.

An "app" was made available for free download to let people with subscriptions to Xbox Live Gold view Amazon Prime video using Microsoft's popular videogame consoles linked to Internet.

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Report: Olympus Eyes Sony or Panasonic for Tie-Up

Scandal-hit Japanese camera maker Olympus is in separate talks with Sony and Panasonic for a possible tie-up as it looks to rescue itself after a huge losses cover-up, a report said Wednesday.

In a revamp, the company, which also manufactures medical equipment, is also looking to slash 2,500 jobs, the Asahi Shimbun said, without naming its sources.

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Deadline Looms for New Internet Domain Applicants

The agency in charge of website addresses has picked June 13 as the day it will reveal proposed new names for online neighborhoods breaking the ".com" mold.

The Internet Corporation for Assigned Names and Numbers (ICANN) said in an online post that it will stop taking applications for Generic Top Level Domains at the end of Wednesday in the GMT time zone and reveal the requests in June.

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Iran Claims Anti-Virus against 'Flame' Spy Malware

Iran claimed on Tuesday to have come up with an anti-virus program against "Flame", an extraordinarily sophisticated malware that hit its servers and deployed various spying procedures, apparently at the behest of a foreign power.

"Tools to recognize and clean this malware have been developed and, as of today, they will be available for those (Iranian) organizations and companies who want it," Maher, a computer emergency response team coordination center in Iran's telecommunications ministry, said on its website.

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Japan's Renesas to Have TSMC Make Chips

Japan's Renesas Electronics Corp. has reached a deal with electronics maker Taiwan Semiconductor Manufacturing Co. to have TSMC produce chips.

Renesas said Monday in a statement the two companies will work together to develop chips to cut costs while maintaining quality.

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Russian Firm Uncovers Cyber 'Superweapon' Virus

A top Russian anti-virus software firm said it had uncovered a new computer virus with unprecedented destructive potential which is being used as a "cyberweapon" against several countries.

Kaspersky Lab, one of the world's biggest producers of anti-virus software, said its experts discovered the virus -- known as Flame -- during an investigation prompted by the International Telecommunication Union (ITU).

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Facebook Could Release its Own Smartphone Next Year

Facebook hopes to release its own smartphone by next year, as the newly public social networking giant looks to boost its revenue in the mobile Internet market, the New York Times reported Monday.

The company has hired more than half a dozen software and hardware engineers who have worked on Apple's bestselling iPhone and one engineer who has iPad experience, the paper said, citing employees and other unnamed sources.

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Reports: Panasonic May Halve its Headquarters

Panasonic may halve its 7,000-strong headquarters as part of a bid to streamline the Japanese electronics giant and turn a profit following a record annual loss, media reports said Tuesday.

The Osaka-based firm is looking at shrinking its main office by between 3,000 and 4,000 staff, mainly through early retirements and employee transfers to subsidiaries, the Nikkei business daily and Jiji Press reported.

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Samsung Galaxy S3 on the Market in 28 Nations

South Korea's Samsung Electronics said it would start selling its newest smartphone in 28 countries from Tuesday as it seeks to cement its position as the world's top-selling mobile phone maker.

The Galaxy S3, unveiled in London earlier this month, will hit shelves Tuesday in nations including Britain, France and the United Arab Emirates, the firm said in a statement.

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Social Networks Play Emerging Role in Mexico Election

Online social networks, a newcomer in Mexican elections, are making a mark on the country's presidential campaign, forcing candidates to respond to issues and protests enabled by the Internet.

"If it wasn't for the social networks, the campaign would be really boring," said Roy Campos, head of the polling company Mitofsky.

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