LONDON (Reuters) - Facebook, the social network giant, is set to begin showing advertisements to users on mobile devices before its $5 billion initial public offering, the Financial Times reported on Monday. Facebook has already discussed proposals with unidentified advertising agencies for displaying what it calls "featured stories" in the news feed seen by users on the site in an effort to tap a new source of revenue, the newspaper cited several people familiar with the plans as saying. ...
SINGAPORE (Reuters) - Artivision Technologies Ltd, a Singapore firm that specializes in online video advertising, said on Sunday its technology may be incorporated into a software kit being developed by Intel Corp. Under a memorandum of understanding, Artivision unit ArtiMedia Pte Ltd will incorporate its front-end in-video advertising platform and back-end advertisement serving technology into an Intel software development kit (SDK) that uses the U.S. semiconductor giant's "Wi-Fi Direct" technology. ...
LOS ANGELES, Feb 3 (TheWrap.com) - From SOPA to Ellen DeGeneres, protesting keeps getting more social. Thanks to Twitter and Facebook, digital agitation has entered the mainstream allowing people to affect change at a dizzying speed. Going viral is no longer reserved for cute puppy videos. Social networking has moved into new areas of social protest, Tim Stevens, editor-in-chief of the technology blog Engadget, said Friday, shortly after Susan G. Komen Foundation reversed course on pulling Planned Parenthood funding in wake of a fierce social media protest. ...
COPENHAGEN (Reuters) - European Union competition ministers supported plans on Friday to remove barriers to electronic trade in a bid to spur economic growth and jobs by expanding the single market to the digital world, officials said. The European Commission has proposed a dozen initiatives to remove barriers and create a well-functioning digital single market, and the ministers gathered in the Danish capital responded positively to those plans, officials said. ...
LONDON (Reuters) - With worries growing over computer hacking, data theft and the risk of digital attacks destroying essential systems, western states and their allies are co-operating closer than ever on cyber security. But as they do so, the gulf between them and China and Russia -- blamed for many recent hacks and with a very different and much more authoritarian view over the future of the Internet -- grows ever wider. ...
HAVANA (Reuters) - The Cuban government has denied a request by dissident blogger Yoani Sanchez to travel to Brazil, her 19th failed effort to obtain a permit to leave the country, she said on Friday. "There are no surprises. They have denied an exit visa again," she wrote on Twitter. "It is occasion number 19 in which they have violated my right to enter and leave my country." While Sanchez has been repeatedly blocked from traveling, this case became an issue when the Brazilian government granted her an entry visa shortly before an official visit to Cuba this week by President Dilma Rousseff. ...
LONDON/WASHINGTON (Reuters) - Internet activist group Anonymous published a recording on Friday of a confidential call between FBI agents and London detectives in which the law-enforcement agents discuss action they are taking against hacking. British police said they were investigating reports of the illegally recorded call, and the FBI said a criminal investigation was under way into the incident. ...
LONDON (Reuters) - Welcome to the airport terminal of the future. There are self-service bag drops but no check-in desks. Your passage is seamless, punctuated behind the scenes only by discrete Near Field Communication (NFC) sensors. Occasionally you stop to scan your NFC-enabled smartphone at a touch point. Your biometric information, picked up by automated surveillance cameras, will ensure there's no need to queue up to see whether you pose a security threat. ...
MUNICH (Reuters) - Siemens AG is on the look out for a new chief executive for its mobile phone network equipment joint venture Nokia Siemens Networks (NSN), Siemens supervisory board member Sibylle Wankel told reporters on Friday. Wankel, who represents the IG Metall trade union on the supervisory board of the German engineering conglomerate, said Siemens Finance Director Joe Kaeser had been looking around for an alternative to current NSN CEO Rajeev Suri. "I know from several discussions that Mr. Kaeser has been desperately looking for an alternative," she said. ...
(Reuters) - Advanced Micro Devices' new chief executive was praised by Wall Street analysts for his aggressive plan to fight bigger rivals and tap new opportunities, but lack of details left them cautious. Rory Read, who took over as CEO in August, said on Thursday the chipmaker would leverage its PC chip technology to attack the fast-growing tablet segment as well as the emerging markets, but stay away from the smartphone segment. ...
BRUSSELS (Reuters) - A group of European regulators has written to Google Inc calling on it to halt the introduction of its new privacy policy, saying it needs to investigate whether the proposals sufficiently protect users' personal data. Google said in January it was simplifying its privacy regulations, consolidating 60 guidelines into a single policy that will function across all its services, including YouTube, Gmail and Google+, its social network site. ...
ATHENS (Reuters) - Hackers associated with the activist group Anonymous posted a protest against Greece's EU and IMF-inspired austerity policies on the website of the country's justice ministry Friday, a ministry spokeswoman said. The site was taken offline until it was secure, she said. Hackers involved with the loosely organized group Anonymous have been linked to attacks around the world aimed at punishing governments for policies they dislike or at showing that corporations' data security efforts are inadequate. ...
WELLINGTON (Reuters) - A New Zealand court refused an appeal by the founder of online file-sharing site Megaupload.com to be freed on bail, Friday, agreeing with prosecutors there was a risk he would attempt to flee before an extradition hearing. Kim Dotcom, a German national also known as Kim Schmitz and Kim Tim Jim Vestor, was returned to custody until February 22 ahead of a hearing on an extradition application by the United States. ...
WASHINGTON (Reuters) - So much for "Facebook fatigue." A survey released on Friday shows that people who have used the social networking site over a long period - since its founding in 2004, say - show no sign that they are tired of posting pictures, updating weekend plans or just relaying random thoughts. The Pew Research Center report, based on a U.S. phone survey, logs and data from November 2010, sheds light on Facebook's possible long-term popularity as the company founded by Mark Zuckerberg heads for a $5 billion initial public offering. ...
SAN FRANCISCO (Reuters) - It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients. The world's biggest social network is expected to seek a $75 billion to $100 billion valuation in its IPO, the most anticipated stock offering from Silicon Valley since Google Inc went public in 2004. At Granite Investment Advisors in New Hampshire, Chief Investment Officer Scott Schermerhorn has already been fielding queries from clients eager to get in on the action. ...
NEW YORK (Reuters) - The hype over Facebook's initial public offering has excited investors revisiting other social media companies, even though most of those stocks have plunged since the fanfare of their own IPOs. Trading volume and options activity in stocks like Renren Inc, often called "the Facebook of China" and Quepasa Corp, a social media technology company focused on Latin audiences, have soared since the IPO news of the world's largest social network on Friday. ...
SAN FRANCISCO (Reuters) - Groupon Inc shares jumped to their highest level of 2012 Thursday as the daily deal company got a boost from social networking euphoria sparked by Facebook's IPO filing. Facebook filed to raise about $5 billion Wednesday in what would be the largest Internet IPO ever. A possible valuation of $75 billion to $100 billion for the world's largest social networking company encouraged some investors to lift valuation estimates on other companies in the sector, according to Sameet Sinha, an analyst at B. Riley & Co. ...
(Reuters) - Three days before Super Bowl XLVI, federal prosecutors said they have seized 16 websites that illegally streamed live sports and pay-per-view events over the Internet, and charged a Michigan man with running nine of those websites. According to the government, the 16 websites provided links to give viewers easy access to other sites that hosted pirated telecasts from the National Football League, National Basketball Association, National Hockey League, World Wrestling Entertainment Inc ("WWE") and TNA Impact Wrestling. The latter is also broadcast on Viacom Inc's Spike TV. ...
(Reuters) - Just about everyone in Silicon Valley has dreamed of striking it rich with a well-timed investment. Here are the people and institutions that will benefit the most from Facebook's initial public offering, assuming a $100 billion valuation for the world's largest online social network. Some of the percentages below may change due to factors such as what options are exercised and when. MARK ZUCKERBERG Facebook's biggest shareholder and chief executive owns 533.8 million shares, or a roughly 28 percent stake, worth around $28 billion. ...
(Reuters) - The New York Times Co, which is grappling with sinking advertising revenue and a recent change in the top management, said it continued to add subscribers for its digital products in the fourth quarter. The company started 2012 without a CEO or a digital boss as long-term Chief Executive Janet Robinson stepped down last December, and longtime digital leader Martin Nisenholtz retired. Publisher Arthur Sulzberger Jr. has taken up the top job in the interim as the company continues its search for a replacement for Robinson. ...
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