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Office Depot sets annual meeting date after investor complaints

By Dhanya Skariachan NEW YORK (Reuters) - Office Depot Inc <ODP.N> on Monday said it will hold its annual shareholder meeting on August 21, after its top investor sued the second-largest U.S. office supply retailer for not holding one in the past year to elect directors. Last week, Starboard Value LP said in a complaint filed with the Court of Chancery in Delaware that Office Depot had not held an annual shareholder meeting for 13 months.

Apple exec challenges e-book conspiracy

A top Apple executive downplayed the theory of an e-book price-fixing conspiracy at an antitrust trial Monday, saying publishers were already moving away from Amazon's model when Apple launched its iPad. Eddy Cue, an Apple senior vice president, said in his second day of testimony that Apple introduced e-books for the iPad that were not available on Amazon, which was selling many popular e-book titles for $9.99.

U.S. security expert says surveillance cameras can be hacked

By Jim Finkle BOSTON (Reuters) - A U.S. security expert says he has identified ways to remotely attack high-end surveillance cameras used by industrial plants, prisons, banks and the military, something that potentially would allow hackers to spy on facilities or gain access to sensitive computer networks.

Mysterious Facebook event sparks online buzz

A mysterious Facebook event set for Thursday has sparked buzz that the leading social network could be adding video to Instagram smartphone picture-sharing service. The leading social network invited the media to its headquarters in the Silicon Valley city of Menlo Park where "a small team has been working on a big idea," but remained hush about what will be unveiled.

Snowden: More to come on US 'direct access' to Internet data

US intelligence leaker Edward Snowden said Monday he plans to release more details on how he says the National Security Agency can gain direct access to Internet data on private sector servers. "More detail on how direct NSA's accesses are is coming," he said, in an online interview hosted by the Guardian newspaper, repeating his allegation that US federal agents have access to private users' emails and web traffic. dc/dw

Apple releases details on US data requests

US tech giant Apple revealed on Monday it received between 4,000 and 5,000 data requests in six months from US authorities, days after Facebook and Microsoft released similar information. Apple, Facebook, Microsoft and several other top Internet and technology companies have come under heightened scrutiny since word leaked of a vast, covert Internet surveillance program US authorities insist targets only foreign terror suspects and has helped thwart attacks.

China supercomputer world's fastest

A Chinese supercomputer is the fastest in the world, according to survey results announced Monday, comfortably overtaking a US machine which now ranks second. Tianhe-2, a supercomputer developed by China's National University of Defense Technology, achieved processing speeds of 33.86 petaflops (1000 trillion calculations) per second on a benchmarking test, earning it the number one spot in the Top 500 survey of supercomputers.

Golf: McIlroy takes it out on club at US Open

Patience has been the order of the day for Rory McIlroy this year as he tries to get used to his new Nike clubs, but patience ran out for him at the US Open on Sunday. Already out of contention after a 75 in Saturday's third round, the 24-year-old Ulsterman, usually the coolest of customers on the golf course, briefly lost it on the 11th hole at Merion Golf Club after hitting a bad shot. He stabbed the offending iron into the ground and bent it out of shape before bending it again over his leg.

Apple releases details on US data requests

US tech giant Apple revealed on Monday it received between 4,000 and 5,000 data requests in six months from US authorities, days after Facebook and Microsoft released similar information. Apple, Facebook, Microsoft and several other top Internet and technology companies have come under heightened scrutiny since word leaked of a vast, covert Internet surveillance program US authorities insist targets only foreign terror suspects and has helped thwart attacks.

Facebook, Microsoft reveal US data requests

Internet giants Facebook and Microsoft say they received thousands of requests for data from US authorities last year but are prohibited from disclosing how many related to national security. The two companies have come under heightened scrutiny since word leaked of a vast, covert Internet surveillance program US authorities insist targets only foreign terror suspects and has helped thwart attacks.
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