News highlights for 25 July 2017
REUTERS/Regis Duvignau/File Photo
Traffic acquisition at Google jumps 28%
Google-parent Alphabet, which has enjoyed revenue growth rate of over 20 percent for the past five quarters, said on Monday that TAC, or traffic acquisition costs, jumped 28 percent to $5.09 billion in the second quarter. Read more…
ABC in social video partnership to target millennials
(Reuters) – Walt Disney Co’s ABC News on Tuesday launched a partnership with millennial-focused video news site ATTN: to co-produce videos for social media including Facebook Inc’s Instagram and for Twitter Inc. Read more…
Vivendi tightens grip on Telecom Italia
MILAN/PARIS (Reuters) – France’s Vivendi has tightened its grip on Telecom Italia by removing its CEO Flavio Cattaneo and paving the way for a joint venture between its own pay-TV Canal+ and the Italian group, in a boost to the French firm’s ambitions to become a southern European media powerhouse. Read more…
Musk, Zuckerberg and whether AI robots will kill us all
SAN FRANCISCO (Reuters) – Silicon Valley baron Elon Musk insulted rival billionaire Mark Zuckerberg on Tuesday, escalating a tech wizard war of words over whether robots will become smart enough to kill their human creators. Read more…
Twitter is bouncing back, at least we think so
SAN FRANCISCO (Reuters) – Twitter Inc heads toward its quarterly earnings report on Thursday with a stock that has risen more than 40 percent since April when much of Wall Street was ready to write off the tech company. Read more…
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