iexplore.exe is Internet Explorer. Maybe you upgraded some piece of software on your computer and it changed something that now causes IE to hang.
Or maybe you're infected with some nasty virus. Try getting your antivirus software updated (you do have something installed, right?) and check.
If that is not the case, then I suggest trying to remember what you've changed recently, and undoing the change to see if it fixes the problem.
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"There are finer fish in the sea than have ever been caught." -- Irish proverb
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