Greece implemented the biggest debt writedown in history on Monday, swapping the bulk of its privately-held bonds with new ones worth less than half their original value.
Users of a chat service linked to the heavily-trafficked YouPorn website have had their personal information compromised after a third-party service provider failed to secure its data, YouPorn's owners said Wednesday.
Top-seed John Isner, playing for the first time since helping the U.S. defeat Switzerland in Davis Cup, defeated Gilles Muller of Luxembourg, 7-6 (1), 7-6 (4) in the Regions Morgan Keegan Championships on Tuesday.
Mounting political tensions and frustration at a lack of resolution over whether Greece will get a vital bailout rekindled fears Thursday that Europe's debt crisis could spread to other countries.
A European Union court ruled Thursday that social networking sites cannot be compelled to install general filters to prevent the illegal trading of music and other copyrighted material.
Two steps forward, one step back. So goes the frenzied effort across Europe to bail out Greece and save it from a potentially devastating default on its debts.
Alberto Contador was stripped of his 2010 Tour de France title Monday and banned for two years after sports' highest court found the Spanish cyclist guilty of doping.
It became increasingly clear last week how the debt crisis will end - and it is not going to be comfortable. The latest phony solution is for the large, "responsible" countries to demand more fiscal responsibility from the smaller and purportedly "less responsible" countries. In Europe, Germany's Angela Merkel and France's Nicolas Sarkozy are demanding that other European states give up some of their sovereignty and agree to strict limits on their deficit spending.
The long-running debt crisis in Europe intensified and broadened dramatically Monday as a top Wall Street credit agency warned Germany, France and a handful of other previously stable Northern European countries that they are in danger of losing their top ratings as they get drawn ever more deeply into the financial maelstrom.
