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Intel in $7.68bn McAfee takeover

Posted on August 19th, 2010 by additurboknittingneedles

The world’s biggest chip maker, Intel, has agreed to buy the security technology firm, McAfee.

Intel will pay $7.68bn (£5bn) in cash.

Under the terms of the deal, Intel said it would pay $48 per share in cash for McAfee, almost 60% higher than its closing price on Wednesday.

Through buying McAfee, a leading security technology firm, Intel intends to build security features into its microprocessors which go into products such as laptops and phones.

The two companies said they had been working together for 18 months and that, should the takeover pass regulatory and shareholder approval, the first new products would be revealed early next year.

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N. Ireland tense as marching season begins

Posted on July 12th, 2010 by additurboknittingneedles

The summer marching season has long been an annual flashpoint between Northern Ireland’s Protestant and Catholic communities, despite the peace process which has brought stability to the province in recent years.

At least 27 police officers were injured in overnight clashes in Belfast, including three hit by shotgun pellets, on the eve of July 12, known as “The Twelth” by Protestants who march to celebrate the victory of English king William III over his ousted Catholic predecessor James II in 1689.

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‘Somali link’ as 74 World Cup fans die in Uganda blasts

Posted on July 12th, 2010 by additurboknittingneedles

The death toll from twin blasts that hit the Ugandan capital as football fans gathered to watch the World Cup final has risen to 74, officials say.

Another 70 were injured in the explosions at a Kampala rugby club and an Ethiopian restaurant.

Police are investigating whether the blasts were suicide bombings, and blamed Somalia’s al-Shabab militants.

Ugandan peacekeepers operate in Somalia, and al-Shabab has threatened to hit Kampala in the past.

About 5,000 African Union troops from Uganda and Burundi are based in Mogadishu to protect the fragile interim government.

The African Union Mission in Somalia (Amisom) force is engaged in frequent firefights with Islamist insurgents which control much of southern and central Somalia.

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Russia and US said to be planning spy exchange

Posted on July 7th, 2010 by additurboknittingneedles

Reports from Russia say a prisoner swap is being planned to bring 10 suspected Russian spies back from the US.

A man jailed in Russia for spying for the CIA said he and unspecified others would be exchanged, his family said.

Igor Sutyagin was quoted as saying he expected to be put on flights to Vienna, then London, on Thursday.

Neither the Russian nor the US authorities were commenting on reports of the swap.

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China executes top Chongqing official for corruption

Posted on July 7th, 2010 by additurboknittingneedles

China has executed the top justice official in the city of Chongqing as part of a crackdown on corruption.

Wen Qiang, former director of the Chongqing Municipal Judicial Bureau, was the highest-ranking official charged in connection with the scandal.

He was convicted of accepting bribes, rape and shielding criminal gangs.

Dozens of officials have been prosecuted as part of the clampdown, initiated by Chongqing’s Communist Party boss Bo Xilai.

Wen served as the huge municipality’s deputy police chief for 16 years before becoming its top judicial official.

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Obama to hold key talks with Netanyahu in Washington

Posted on July 6th, 2010 by additurboknittingneedles

US President Barack Obama is due to meet Israeli Prime Minister Benjamin Netanyahu in Washington.

President Obama gave Mr Netanyahu a frosty reception at the White House during their last encounter in March.

They are expected to discuss a range of issues, including Iran’s nuclear programme and efforts to start direct Israeli-Palestinian peace talks.

The meeting comes a day after Israel confirmed it would allow more consumer goods into the Gaza Strip.

But it said materials that could have a military use would be barred or limited.

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Sri Lankans besiege UN office over war crimes panel

Posted on July 6th, 2010 by additurboknittingneedles

There have been chaotic scenes outside the UN’s Sri Lanka offices, where protesters are demanding the UN end investigations into alleged war crimes.

Most UN staff managed to leave after police tried to break the blockade in Colombo, before being ordered to leave themselves by the government.

Several senior staff, however, remain inside and the protests, led by a government minister are continuing.

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‘Direct peace talks’ the goal, Netanyahu says of meeting with Obama

Posted on July 6th, 2010 by additurboknittingneedles

Middle East peace talks will be the focus when Israeli Prime Minister Benjamin Netanyahu meets with President Obama on Tuesday, officials from both countries said.

Right now, Netanyahu and Palestinian Authority President Mahmoud Abbas aren’t talking directly. They are communicating only through U.S. Middle East envoy George Mitchell, who serves as a go-between for negotiations.

Netanyahu told Israeli Cabinet officials Sunday that he was ready to meet with Abbas at any time.

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Israel confirms easing of Gaza blockade

Posted on July 6th, 2010 by additurboknittingneedles

Israel has confirmed details of what goods it will allow to enter the Gaza Strip with the easing of its blockade.

Consumer goods are being allowed but a “blacklist” of items including weapons and materials that could have a military use will be barred or limited.

Hamas, which controls Gaza, dismissed the concessions as of no use and said the blockade should be fully lifted.

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Turkey threatens diplomatic break with Israel over raid

Posted on July 5th, 2010 by additurboknittingneedles

Turkey has for the first time threatened to break diplomatic ties with Israel over its raid on a Gaza-bound aid flotilla in May.

Turkey’s foreign minister said a break could only be averted if Israel either apologised or accepted the outcome of an international inquiry into the raid.

The Israeli government said it had nothing to apologise for.

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