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The Two-Way
11:50 am
Fri December 2, 2011

Egyptian Elections: 62 Percent Turnout

Credit Peter Macdiarmid / Getty Images
Nov. 28: Women place their votes in a ballot box at a polling station in a girls school in Cairo.

Results from the first round of voting in Egypt's parliamentary elections are being announced this hour. Already, according to al-Jazeera and other news outlets, there's word from the head of Egypt's Elections High commission that 62 percent of eligible voters cast ballots.

The Associated Press adds that Abdel-Mooaez Ibrahim called the number "the highest since the time of pharaohs."

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The Two-Way
11:41 am
Fri December 2, 2011

Online Gaming Company Zynga Says Target Valuation Is Around $7 Billion

As we've noted before, 2011 has been a great year for Internet companies seeking to go public. Today, Zynga said it hoped to price its shares at $8 to $10 per share during its initial public offering later this month. Depending on whose math you trust, that means the company will try to raise about $1 billion and the debut could value the company at $7 billion. (Some news outlets are putting that number as high as $9 billion.)

What is Zynga you ask? They're the makers of social games like Farmville and Cityville.

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Economy
11:01 am
Fri December 2, 2011

Jobless Dip May Overstate Economic Improvement

The unemployment rate dropped unexpectedly to 8.6 percent in November, in part because hundreds of thousands of Americans stopped looking for work. But analysts said the modest increase of 120,000 jobs created last month points to an economy that's generally still limping.

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The Two-Way
10:50 am
Fri December 2, 2011

Samsung, HTC And Carrier IQ Face Suit Over Logging Software

The first lawsuit has been filed against Samsung, HTC and Carrier IQ over software installed on millions of phones that can capture a wide range of data including key strokes.

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The Two-Way
10:45 am
Fri December 2, 2011

Why Burma? Why Myanmar? Why Both?

Secretary of State Hillary Rodham Clinton's visit to Myanmar, where she has pledged with opposition leader Aung Sang Suu Kyi to continue the push for democracy and respect for human rights there, has focused attention on that long-oppressed Asian nation.

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