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Takafumi Horie, former president of the Internet firm Livedoor Co. and an entrepreneurial hero for young generations, was paroled Wednesday after spending 21 months behind bars.

In a news conference Wednesday night, an apologetic Horie, who lost 30 kg while incarcerated, expressed his intention to contribute to society by helping ex-prisoners get back on their feet. He also said he wants to reunite with his space rocket project and launch a website to critique how news is reported.

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