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July 24, 2014

Arrests made in global, $1.6M StubHub cybertheft case

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NEW YORK — Seven people around the world have been arrested in connection with an international cybercrime ring that illegally accessed 1,600 StubHub accounts and stole more than $1.6 million in tickets. Authorities still don’t know how the suspects gained access to the accounts, Manhattan District Attorney Cyrus Vance Jr. said at a news conference on Wednesday. Once inside the accounts, the cyberintruders used the victims’ pre-existing credit card information…

Facebook revenue jumps 61% on mobile ad strength

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SAN FRANCISCO — Fueled by strong demand for mobile advertising, Facebook extended its hot streak in the second quarter, gaining on its chief competitor, Google, and positioning itself as a top player in digital advertising. The giant social network scorched analyst estimates for the ninth straight quarter. Facebook grew revenue 61% and more than doubled second-quarter profit while making even more money from ads targeted at users on mobile devices,…

Two Republican Judges Gut Obamacare, Threatening Health Care For Millions

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WASHINGTON — Two Republican judges on the D.C. Circuit Court have ruled that the equivalent of a typo is enough to strip health care subsidies from up to 5 million people, dealing what would be a death blow to the Affordable Care Act if the decision is allowed to stand. The one Democrat on the panel dissented. The three-judge panel ruled in Halbig v. Burwell that people in the 36 states that…

Children Exposed To Religion Have Difficulty Distinguishing Fact From Fiction, Study Finds

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Young children who are exposed to religion have a hard time differentiating between fact and fiction, according to a new study published in the July issue of Cognitive Science. Researchers presented 5- and 6-year-old children from both public and parochial schools with three different types of stories — religious, fantastical and realistic –- in an effort to gauge how well they could identify narratives with impossible elements as fictional. The study found…