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Business News Archive - November 02, 2012

Facebook Checkins And Free WiFi

In a sort of “you scratch my back, I scratch your back, then we scratch this other guy’s back” move, Facebook is said to be experimenting with a way to offer Wi-Fi to local businesses to offer to customers in exchange for a check-in.

FTC Pegged To Formally Sue Google Over FRAND Lawsuits

While protecting a company’s IP is all well and good, these suits become trickier when they involve patents which make the device work as it should, such as 3G patents for cell phones.

Kia, Hyundai Pay For Misleading Customers About Vehicle MPGs

The Environmental Protection Agency (EPA) recently investigated the MPG ratings on some Kia and Hyundai models and have found that these numbers were inaccurate and generously overstated, even by as much as 6 miles per gallon.

Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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