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One evening last Labor Day weekend, 15-year-old Audrie Pott walked up the driveway of a classmate's home alongside other teenagers. She'd told her parents she was spending the night with a friend. The friend claimed she was sleeping at Audrie's. Instead, the girls were having a party. A classic teenage ploy.
It seems that the impossible has occurred: The nation's most congested city has become a model for traffic control.
An auctioneer says one of Apple's first computers - a functioning 1976 model - has been sold for a record 516,000 euros ($668,000).
Taiwan has lowered its economic growth forecast for 2013 to a muted 2.4 percent as global demand for the island's electronics exports remained subdued.
News Corp. is planning to split into two companies. One company will operate as a newspaper and book publisher and will retain the News Corp. name. The other will be an entertainment company, called 21st Century Fox.
News Corp. said its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. The company also adopted a shareholder-rights plan designed to prevent a hostile takeover in the volatile trading period after the split is complete.
In the first three months of the year, Netflix gained 2 million U.S. Internet subscribers, thanks in part to the success of the political drama "House of Cards," which debuted in February. Netflix is expected to get another boost this weekend with the revival of "Arrested Development." Here's a breakdown of Netflix Inc.'s subscribers as of March 31 and details on its forecast:
Netflix is hoping this weekend's release of the resurrected TV series "Arrested Development" will draw more subscribers to its Internet video service.
Here's a look at Netflix since its stock peaked in July 2011 at nearly $305. Netflix had just announced an unpopular price increase in the U.S., and investors got worried by the intensity of the customer backlash. Even after subscriber complaints subsided, investors remained concerned about intensifying competition at the same time the company is spending more to acquire Internet content and expand abroad. Despite those concerns, Netflix has been staging a comeback. Another boost is expected from Sunday's revival of the "Arrested Development" TV series.
Sen. Charles Schumer urged regulators to "use extreme caution" when reviewing the proposed acquisition of No. 3 cell carrier Sprint Nextel by Japan's Softbank, saying the Japanese company's use of Chinese networking equipment could open up U.S. networks to snooping and hacking.