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By Alexei Oreskovic and Rodrigo Campos SAN FRANCISCO/NEW YORK (Reuters) – For buyers in internet shares, it used to be a banner yr: shares of many companies doubled as revenue climbed and on forecasts for rip-roaring boom in earnings. Whereas there’s the potential of a decline in some Web firm […]
(Reuters) – Walt Disney Co has named Jack Dorsey, co-founder of Twitter Inc and chief government of funds startup Sq. Inc, as an unbiased board member. The corporate stated on Monday that Judith Estrin, a former Cisco Systems Inc chief expertise officer, will retire from the board at its March […]
Hulu has failed to steer a federal choose to disregard a lawsuit accusing the video streaming provider of illegally sharing customers’ viewing historical past with Fb Inc and industry metrics company comScore Inc. In San Francisco on Friday, U.S. Justice of the Peace Judge Laurel Beeler rejected Hulu’s argument that […]
(Reuters) – Acer Inc has named former TSMC sales government Jason Chen its new CEO as of January 1, appointing a chipmaking business veteran to the helm of a Taiwanese firm struggling to beat gradual PC sales. Chen takes over government tasks from firm founder Stan Shih, who returned to […]
Via Aurindom Mukherjee (Reuters) – Oracle Corp, the world’s No. 2 business software maker, stated it will buy web-based advertising instrument maker Responsys Inc for roughly $1.39 billion to bolster its cloud computing offerings. Oracle, led by means of billionaire Larry Ellison, has been specializing in cloud software to fend […]
By way of Euan Rocha, Alastair Sharp and Allison Martell TORONTO (Reuters) – BlackBerry Ltd, after giving up on a plan to sell itself remaining month, suggested a tremendous $four.four billion quarterly loss on Friday as gross sales of its smartphones shriveled and it booked an enormous inventory write-down. In […]
By Malathi Nayak SAN FRANCISCO (Reuters) – The annual no-holds-barred Christmas vacation slugfest between cellular game developers has a brand new twist this 12 months: advertising and marketing and user-acquisition prices will seemingly hit an all-time excessive and surpass any revenue earned over the festive season. The cost of getting […]
Via Leila Abboud PARIS (Reuters) – French mobile telecoms operator Iliad will hire high-finish smartphones to subscribers of its low-cost Free Mobile programs in an extended-awaited assault on its higher competitors' most winning trade. The offers sparked consumer defections from Orange, Vivendi's SFR and Bouygues Telecom, but Iliad wanted to […]
The keeping firm that controls Telecom Italia talked about on Tuesday it’s going to hang a board meeting on Thursday to discuss choices in terms of a shareholder meeting referred to as to oust the board of the cellphone group of workers. In a commentary, Telco stated the choices additionally […]
(Reuters) – Facebook Inc will start selling video advertisements later this week and plans to make an announcement on Tuesday, the Wall Side road Journal mentioned, citing people conversant in the topic. The commercials will play robotically in customers' information feeds and may just lend a hand Fb capture a […]
By means of Malathi Nayak SAN FRANCISCO (Reuters) – The startup Oculus VR has raised $75 million to market its digital-truth headset for video games, hoping to attract customers who’ve shied faraway from such merchandise prior to now. Irvine, California-primarily based Oculus raised the sum in a round led by […]
Via Ross Kerber BOSTON (Reuters) – Activist buyers have requested Amazon.com Inc to review its sales of firearms equipment, involved that the online retailer offers products which may be used to convert semi-automated rifles into weapons that fireside too swiftly to be legal. The shareholder scrutiny of the sector's biggest […]
Through Alexei Oreskovic SAN FRANCISCO (Reuters) – Google Inc has eliminated an experimental privacy feature from its Android mobile instrument that had allowed users to block apps from gathering private knowledge such as address e book data and a user's region. The alternate signifies that house owners of smartphones the […]
By using Gerry Shih SAN FRANCISCO (Reuters) – Twitter shares soared greater than 9 p.c on Monday to their best level for the reason that firm's preliminary public providing after a spate of product announcements that could raise its income prospects. Twitter has principally traded within the low-$forty range in […]
By way of John Ruwitch and Pete Sweeney SHANGHAI (Reuters) – China's executive banned monetary institutions from buying and selling in bitcoin on Thursday, in what analysts stated was a restrained first step in opposition to regulating the digital foreign money that has exploded in recognition in China and soared […]
