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...more important in the fight against online piracy is offering users legitimate - but very cheap or even free - alternatives. In that respect, the industry deserves some credit. Competition for iTunes has toughened considerably in recent months. Spotify, which allows users to stream music for free in return for watching the odd ad online, has proved a hit since launching last October with the backing of the industry's big labels. Such services are "signs the music industry is waking up to the fact the best way to fight free isn't in the law courts, it isn't in parliament...
During the president’s first 100 days in office we have witnessed a steady stream of campaign promises undergoing a transition to political reality. In January, Obama fulfilled a promise to reexamine the Guantanamo Bay Detention Camp—and has since ordered the facility to be closed within the year. The latest example, though, came this week, when the president announced that he would be fully tackling the issue of immigration reform as early as next month. Critics were quick to point out that the president might be biting off more than he can chew by adding...
...there has been a steady stream of patrons eager to try out the new restaurant and bar (Well, half-bar...no liquor license means beer and wine only). One employee noted that the place was even packed on a Monday night, unusual in the restaurant business. It must be the pretentious sounding entrees like "confit duck salad" and "croque monsieur" that are drawing patrons into the sparsely decorated hotspot. The European ambiance continues with the sliding storefront doors that open up onto a patio area...
...assets. State mining company Chinalco has tabled a $19.5 billion bid for British-Australian resources giant Rio Tinto. Beijing has launched a fund to buy distressed assets worldwide, inked a deal with Brazil's Petrobras and provided Russia with a $25 billion loan in exchange for a secure future stream of oil and gas. (Overall, Chinese enterprises are on track to invest double the amount abroad this year than in 2008.) And compared to the past, when Western stockholders expressed concerns about selling assets to China, today companies are just glad for the cash. China's Export-Import Bank...
While much of the country spends the day after Easter sweeping up plastic grass and nursing a Peeps overdose, the White House welcomes an invasion of children. Thousands of young people will stream onto the South Lawn this Easter Monday for the White House Easter Egg Roll, one of the oldest presidential traditions and the largest annual event held at 1600 Pennsylvania Avenue. (See top 10 things you didn't know about Easter...