News highlights for 1 November
Soon, you can go shopping on Instagram
(Reuters) – Facebook Inc’s Instagram said that it will start tests next week on a new shopping feature through which users can buy products from U.S.-based retailers via the photo-sharing app. Read more…
Hulu to add content from Twenty First Century Fox and Disney
NEW YORK (Reuters) – Video website Hulu on Tuesday announced deals to add programing from Twenty-first Century Fox and Walt Disney Co to a streaming TV service that it plans to offer in early 2017. Read more…
Square raises full year forecast on jump in revenues
(Reuters) – Square Inc, the mobile payments company co-founded and run by Twitter Inc Chief Executive Jack Dorsey, reported a higher-than-expected jump in quarterly revenue as it processed more transactions. Read more…
Alibaba backs Lazada to buy Singapore online grocer
SINGAPORE (Reuters) – Lazada Group, a southeast Asian e-commerce company backed by Alibaba Group Holding Ltd, agreed to buy Singapore-based online grocer RedMart, the two companies said in a statement on Wednesday. Read more…
Discovery and BAMTech to provide content technology for content owners
NEW YORK (Reuters) – Discovery Communications Inc and video-streaming firm BAMTech will form a joint venture to provide back-end technology for content owners, broadcasters and other platforms throughout Europe, the companies said on Tuesday. Read more…
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