Washington - Over half of the U.S. adult population (55%) went online in 2008 to either get news about the election, or to get involved in the political process via the Internet -- the first time that number has been a majority of Americans -- according to a new survey from the Pew Internet & American Life Project. [more..]

New York - After hearing complaints from customers and having a hard time finding many willing to participate in trials, Time Warner Cable has shelved plans to expand testing proposed bandwidth caps on customers' Internet accounts. [more..]

Boston - The 1st U.S. Circuit Court of Appeals has overturned a trial judge's ruling that would have allowed the trial of a man accused of copyright infringement on file-sharing networks by the Recording Industry Association of America (RIAA) to be webcast live on the Internet. [more..]

Armonk, N.Y. - Wary of the potential for a "deep and intense" government review, IBM appears no longer to be interested in a takeover of server maker Sun Microsystems, CNBC reported on Thursday. [more..]

Palo Alto, Calif. - Online social network Facebook has turned down a funding offer that would have valued the company at $4 billion, VentureBeat reported. [more..]

Seoul, South Korea - South Korea recently passed a new law that will see the Internet connections of repeat file-swappers suspended or disconnected, and also gives the government wide latitude in shutting down sites that are found hosting even a few copyrighted files, Ars Technica reported, citing a Korea Times article. [more..]

Universal City, Calif. - NBC Universal's NBC.com announced on Thursday that its NBC Rewind streaming video player has now delivered over one billion full episodes to users, since launching in October 2006. [more..]

McLean, Va. - In the latest example of just how far the newspaper industry has fallen, Gannett, the publisher of USA Today and 84 other daily papers, on Thursday reported a 60% drop in its first-quarter profits. [more..]

San Francisco - The American Civil Liberties Union (ACLU) has threatened to sue public schools in Tennessee for using Internet filtering software to block websites that discuss lesbian, gay, bisexual and transgender issues, while allowing visits to sites that actively advocate against homosexuality, Wired.com reported. [more..]

Arlington, Va. - Shares of Rosetta Stone soared nearly 40% by midday Thursday in their market debut, hours after the developer of language learning software and online services priced its initial public offering (IPO) at $18 a share -- above its estimated range of $15-$17 -- to raise $112.5 million. [more..]

Montreal - Tribal Nova, a developer of family-friendly virtual worlds and educational games, announced on Thursday that it has raised $2.5 million in new financing, from iNovia Capital and ID Capital. [more..]

Stockholm, Sweden - A verdict is due tomorrow in the widely-watched trial of the operators of notorious Sweden-based file-sharing hub The Pirate Bay. [more..]

New York - News Corp.'s Wall Street Journal has introduced an iPhone application that, unlike the Web version of the newspaper, offers all of the content posted on WSJ.com for free, Wired.com reported. [more..]

Vancouver, B.C. - MetroLyrics, a provider of licensed song lyrics authorized through database firm Gracenote, announced on Thursday that Time Warner's AOL will adopt its catalog of lyrics across its music sites. [more..]