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AP - Foreign-owned hotels in China face the prospect of "severe retaliation" if they refuse to install government software that can spy on Internet use by hotel guests coming to watch the summer Olympic games, a U.S. lawmaker said Tuesday.No tag for this post.

PC World - With the Internet increasingly taking on the role of the PC operating system and the growing prevalence of virtualization...No tag for this post.

Los Angeles-based FanLib.com, an online site focused on "fan fiction"--fan created stories based on popular characters and movies--has shut down. According to a notice on FanLib's web site, the site will shut down on Monday, August 4th. No reason for the shutdown was given. Fanlib was backed by $3M in venture capital by H.I.G. Capital. paidContent.org's Rafat Ali speculated in a story earlier today that a deal for Disney to purchase the site had fallen through; paidContent had reported a possible deal for the firm by Disney in June.No tag for this post.