U N adopts historic gay rights resolution at Geneva
The United Nations Human Rights Council approved a global measure backing Lesbian, Gay, Bisexual and Transgender rights for the first time, with 23 votes in favor and 19 against. The resolution calls for a formal process to document abuses and plans a spring panel on discriminatory laws and violence, a move hailed by the United States and activists while drawing opposition from several African and Muslim nations.
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Sony Movies Pulled From Netflix Due To Contract Issue
Netflix removed notable Sony titles like Easy A and Grown Ups from its Watch Instantly service due to a temporary contract issue with Starz. DVDs remain available by mail. Starz and Sony say all parties are working to resolve the problem amid Netflix subscriber growth.
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Markets End Week Mixed With Declines in Tech Shares
Friday trading showed the Dow down 42.84 to 12004.36 and the Nasdaq slipping 122 points to 2616.48 while the S&P 500 gained 3.86 to 1271.50. Oil fell 1.94 to 93.01 a barrel as commodities moved.
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Technology IPOs spark cautious optimism amid 1999 flashback
San Francisco AP reports that Internet firms eye public offerings as tech stocks trend cheaper than nine years, with 28 of 74 U.S. IPOs this year from technology firms and another 31 projected, signaling cooler heads despite lingering dotcom fever. LinkedIn and Pandora have seen investor interest wane after recent debuts while Andreessen cautions against conflating success with a bubble. The surge reflects Web growth to 2 billion users and ubiquitous mobile access, yet traditional VC funding has cooled.
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