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SAN FRANCISCO (Reuters) – Alphabet Inc’s Google in the last few months has begun removing from YouTube extremist videos that do not depict violence or preach hate, YouTube said on Monday, a major policy shift as social media companies face increasing pressure from governments. The new policy affects videos that feature people and groups that […]
(Reuters) – Mobile chipmaker Qualcomm Inc on Monday rejected rival Broadcom Ltd’s $103-billion takeover bid, saying the offer undervalued the company and would face regulatory hurdles. Shares of Qualcomm were up 1.8 percent at $65.74 in early afternoon trading, while those of Broadcom were down 0.4 percent at $263.95. Broadcom said it would seek to […]
NEW YORK (Reuters) – Rupert Murdoch telephoned AT&T Inc Chief Executive Randall Stephenson twice in the last six months and talked about cable network CNN, sources briefed on the matter told Reuters on Friday. According to one of the sources, the 86-year-old executive chairman of Twenty-First Century Fox Inc offered to buy CNN in both […]
(Reuters) – Walt Disney shares rose 3 percent on Friday, as Wall Street shrugged off poor financial results and focused instead on the media giant’s commitment to build a service that will compete aggressively with video streaming pioneer Netflix. Disney’s sharper focus on streaming comes amid subscriber losses at its legacy cable networks that include […]
HARARE (Reuters) – For most investors around the world, bitcoin is a volatile and highly speculative bet. For Zimbabweans, however, the cryptocurrency seems to offer rare protection from the onset of hyperinflation and financial implosion. Some are turning to bitcoin out of desperation as their bank deposits lose value almost by the day, while others […]
SHANGHAI/BEIJING (Reuters) – At Beijing’s sprawling Renmin University of China, two shiny new couriers dart through throngs of students to deliver parcels throughout the day. But they’re not typical Chinese deliverymen. Bright red, gray and black, they are the robot postmen of the future, and are controlled from a command center 40 kms (25 miles) […]
(Reuters) – A simple coding error in at least 685 apps put millions of smartphone users at risk of having some of their calls and text messages intercepted by hackers, cyber-security firm Appthority warned on Thursday. Developers mistakenly coded credentials for accessing text messaging, calling and other services provided by Twilio Inc, said Appthority’s director […]
LISBON (Reuters) – People should worry about online data collection by technology companies because it gives them unparalleled insight into users lives, the creator of one of the biggest web browsers, Opera, said on Thursday. Jon von Tetzchner said the situation was already comparable to George Orwell’s dystopian novel ‘1984’, since “everyone is being followed […]
NEW YORK/WASHINGTON (Reuters) – U.S. antitrust regulators and AT&T Inc sparred on Wednesday over whether the wireless carrier would be required to sell Time Warner Inc’s CNN cable network as a condition of approval of its deal to buy the media company. The U.S. Department of Justice has demanded significant asset sales in order to […]
LISBON (Reuters) – The “remorseless” growth of cyber crime is leading to 4,000 ransom attacks a day and gangs’ technological capability now threatens critical parts of the financial sector, the head of Europol said on Wednesday. Online criminals have become so sophisticated that gangs have created “conglomerations” with company structures that specialize in different criminal […]
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