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Isle of Man profile

29 May 2012 Last updated at 09:15 ET

The Isle of Man is located in the Irish Sea between Scotland, England, Ireland and Wales.

The island is not part of the United Kingdom or European Union, but is a possession of the British Crown with an independent administration. Its inhabitants are British citizens.

The Isle of Man was permanently settled by Celts and fell under Viking control in 1079. The Viking legacy is seen in many place names and the title of the Tynwald parliament, although the Celtic Manx language predominated until the 19th century.

Man passed to the Scottish crown in 1266, and then to the feudal lordship of the Stanley family under the English crown. The British crown acquired the lordship in 1764, but never incorporated the island into the United Kingdom.

Profiles compiled by BBC Monitoring

The Tynwald parliament was granted autonomy in 1866, and steadily advanced to democracy in step with the United Kingdom. Established no later than 979, it is one of various assemblies that claim to be the oldest parliament in the world. The Tynwald elects the Council of Ministers, presided over since 1986 by a chief minister. Most members of the Tynwald are independents.

Native-born people make up 47.6 per cent of the population, with the rest almost entirely accounted for by immigrants from the United Kingdom. People born in England make up 37.2 per cent alone.

As a Crown Dependency, the Isle of Man is not part of the United Kingdom or European Union. The Tynwald passes its own legislation with the assent of the Crown granted in the Privy Council. The Crown is responsible for defence and diplomatic representation, and acts on the advice of the UK Ministry of Justice. The Isle of Man has its own controls on immigration and housing.

The Isle of Man has relatively low taxes and this has encouraged a major offshore financial sector that accounts for most of GDP. Over recent years the Manx government has made a concerted effort to cast off the island's reputation as a tax haven, signing tax information exchange deals with over a dozen countries.

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Isle of Man profile

Stocks to Watch: Amazon, Google, FedEx

By Mia Lamar

Among the companies with shares expected to actively trade in Tuesdays session are Amazon.com, Google and FedEx.

Amazon.com Inc. (AMZN) acquired publication rights from Avalon Books for more than 3,000 of its books, mostly in the romance, mystery and western genres.

Google Inc. (GOOG) agreed to buy privately held ad platform provider Meebo Inc. for an undisclosed sum, adding more developers to the Internet search giants social-media team.

FedEx Corp. (FDX) said it will permanently retire some of its widebody jets and take an $84 million charge against net profits in its latest quarter as its reconfigures its fleet in the face of sluggish domestic demand and still-high fuel prices.

Central European Distribution Corp.(CEDC) said it plans to restate its financial results for all periods from the past two years due to accounting errors related to retroactive trade rebates at the companys main subsidiary in Russia.

Galena Biopharma Inc. (GALE) said its treatment to reduce the recurrence of breast cancer improved survival rates in preliminary results from a long-term study. Shares were up 4.4% to $1.41 premarket.

Israel-based biopharmaceutical drug developer BioLineRx Ltd. (BLRX) said it has moved a step closer to receiving patents on its treatment for neuropathic pain. Shares jumped 12% to $2.60 premarket.

Opnext Inc.s (OPXT) board has determined that a technology-focused private-equity firms unsolicited offer to acquire the optical-components maker for $1.40 a share was not superior to Opnexts proposed merger with peer Oclaro Inc. (OCLR). Opnext shares were 13% to $1.10 premarket while Oclaro shares were unchanged at Mondays $2.31 close.

Layne Christensen Co.s (LAYN) fiscal first-quarter profit sank 71% as the drilling-services provider saw continued difficulties in its waterinfrastructure business.

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Stocks to Watch: Amazon, Google, FedEx

Galaxy SIII On Sale Soon from 5 US Carriers

Todays mobile news roundup features plans for the Samsung Galaxy SIII to hit the US this month, Microsofts latest domain buys, Asus unveiling of a new Windows 8 tablet, and Apples iOS Security revealed.

Samsung Galaxy SIIIs US launch

Samsung Electronics Co., before they revealed their US plans, clarified that the Samsung Galaxy SIII will be known only as the Samsung Galaxy SIII even if various network carriers sell them unlike its predecessor, the Galaxy SII, which was called by various names depending on the network.

As for the US launch, Verizon, AT&T, Sprint, T-Mobile, and U.S. Cellular, will start selling variants of the Samsung Galaxy SIII this June, though the exact release date and price of the said device hasnt been announced. It was noted though that instead of the 1.4GHz quad-core Samsung Exynos processorused in the international release, the US version of the Galaxy SIII will be equipped with a 1.5 GHz dual core Qualcomm Snapdragon S4 processor. The slight downgrade is said to be due to the 4G/LTE incompatibility with the Exynos processor.

Microsoft shops for domains related to the Smart Glass

Microsoft is said to be scooping all the domain names related to the Xbox Smart Glass a technology that is yet to be revealed but some believe that it is similar to how the Wii U Gamepad functions like a secondary screen in some games or as a TV remote even when the console is turned off. While some are saying that the Smart Glass is the Xbox Companion Live which is a system that allows developers or gamers to stream content from their console to their laptop, PC or smartphone.

The Xbox Smart Glass is rumored to be unveiled during the Electronic Entertainment Expo or E3 the largest gaming expo which will be held at the Los Angeles Convention Center from June 5-7, 2012.

Heres the list of the domain names Microsoft nabbed:

Asus shows off Windows 8 tablet

Asustek Computer revealed their Windows 8-based tablet, the Asus Tablet 600, complete with an ARM processor and featuring a 10-inch display, a quad-core Nvidia Tegra 3 CPU, an 8-megapixel camera in the rear with LED flash, a 2-megapixel camera in the front, 2GB of RAM, 32GB of storage, Wi-Fi and Bluetooth 4.0. It weighs 1.15 pounds (520 grams), and is .33 inches (8.35 millimeters) thick. It will come preloaded with Microsoft Office 15. No news yet as to when the tablet will be available in the market.

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Galaxy SIII On Sale Soon from 5 US Carriers

Donuts Raises $100M-Plus To Deliver ‘Dot-Anything-You-Want’ Domain Names

By Lora Kolodny

Donutshas raised more than $100 million in a mammoth Series A round, not to make crispy, dunk-able diet killers, but to become a registry for generic top-level domains or gTLDs, a new type of unique, online identifier.

The round was led by Austin Ventures and joined by Adams Street Partners, Emergence Capital, TL Ventures, Generation Partners, Stahurricane (founder and Chief Executive Paul Stahuras own venture fund) and a number of angels and other funds.

Web industry associations and regulators limit the number of top level domain names to 22 types today, including .com, .edu and .net. Stahura says businesses and bloggers alike should be able to secure memorable addresses more affordably when the gTLDs become available.

Right now its difficult to find a good name, a memorable name in .com, he said. We will provide specificity and choice. If youre a doctor, lets say, you could get .doctor. If you have a small cleaning business you might get .cleaning.

Donuts Vice President of CommunicationsMason Cole pointed out that in one recent domain name sale, PersonalLoans.com sold for $1 million. Thats a lot to spend on a used name, he said, What if the buyer had access to personal.loans instead?

Donuts applied to secure and operate 307 different new domains, none of which are phrases that are geographic (like .nyc) or trademarked (like .microsoft), Stahura reports.

It is not clear who the company will be in contention with to obtain swathes of gTLDs from the non-profit entity that doles them out,ICANN(Internet Corporation for Assigned Names and Numbers). An announcement about who applied for which names is due on June 13. Some companies and organizations, from AARP to Googleand Zippo, have already disclosed which names they want to obtain (a list is available athttp://thetoplevel.com).

ICANNs mission is to keep the Internet operable and secure through coordination of its naming system. Last week, it closed the window for applications to acquire gTLDs.

Despite Donuts broadly appealing brand name, the start-up will not sell to mainstream web users, rather to registrars, or the retailers of domain names. These retailers include Superbowl advertisers likeGoDaddy,Register.comorTucows.com(better known as Hover). They also include eNom, the company Stahura founded earlier in his career and sold in 2006 to Demand Media.

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Donuts Raises $100M-Plus To Deliver ‘Dot-Anything-You-Want’ Domain Names

3-D Chip Technologies. ICAP Patent Brokerage Announces for Sale a Patent Portfolio that Optimizes 3-D IC Architecture …

CHICAGO, June 5, 2012 /PRNewswire/ --ICAP Patent Brokerage, a division of ICAP plc and the world's largest intellectual property brokerage firm and organizer of ICAP Ocean Tomo Auctions, is offering for sale a patent portfolio that discloses three-dimensional integrated circuit (3-D IC) architecture of logic and memory chips for increased system performance and efficiency and reduced cost.

(Logo: http://photos.prnewswire.com/prnh/20100614/CG20517LOGO)

Key Characteristics & BenefitsThis patent portfolio discloses a three dimensional architecture for logic circuits in System-on-Chip (SoC) and Field Programmable Gate Array (FPGA) configurations and for memory circuits, by using Through Silicon Vias (TSVs).

Market Potential

Companies who have cited this patent portfolio include: IBM, MonolithIC 3-D and Synopsys

To learn more about the assets available for sale in this portfolio: Contact Clay Becker of ICAP Patent Brokerage at 561-797-1161 or Clay.Becker@us.icap.com

Media Contact: Luisa Sepulveda 312-327-8162 or Luisa.Sepulveda@us.icap.com

About ICAP Patent BrokerageICAP Patent Brokerage is a division of ICAP plc and the world's largest intellectual property brokerage and patent auction firm.

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3-D Chip Technologies. ICAP Patent Brokerage Announces for Sale a Patent Portfolio that Optimizes 3-D IC Architecture ...