No partner in sight, Twitter faces tough solo choices

The Twitter logo is displayed on a screen on the floor of the NYSEBy Liana B. Baker and Jim Finkle SAN FRANCISCO/BOSTON (Reuters) - The apparent lack of interest in Twitter Inc by potential suitors may force the social media company to consider a route anathema to aspiring tech startups: a major restructuring and cutting some its nearly 4,000 employees. Earlier this month, Twitter hired bankers to explore selling itself. The aborted sales process - and the company's strategy as an independent company - will be back in the spotlight when Twitter reports earnings on Oct. 27.

Wal-Mart to invest $50 million in China online grocer New Dada

Walmart store in Encinitas, CaliforniaSHANGHAI (Reuters) - Wal-Mart Stores Inc will invest $50 million in Chinese online grocery and delivery firm New Dada, the U.S. retailer said on Friday, extending its tie-ups with local online players to help boost sales in the world's second-largest economy.

U.S. vote authorities warned to be alert to Russian hacks faking fraud: officials

A sample ballot is seen in a photo illustration, as early voting for the 2016 general elections began in North CarolinaU.S. intelligence and law enforcement officials are warning that hackers with ties to Russia's intelligence services could try to undermine the credibility of the presidential election by posting documents online purporting to show evidence of voter fraud. The officials, who spoke on condition of anonymity, said however, that the U.S. election system is so large, diffuse and antiquated that hackers would not be able to change the outcome of the Nov. 8 election.

Exclusive: Digital media company Everyday Health explores sale - sources
By Carl O'Donnell and Greg Roumeliotis (Reuters) - Everyday Health Inc, a U.S. operator of health-related websites, is exploring strategic alternatives, including a possible sale, people familiar with the matter said on Thursday, just two years after the company's initial public offering. Everyday Health has hired investment bank Qatalyst Partners to carry out a sale process that has attracted other companies and private equity firms, the sources said. Everyday Health declined to comment.

NSA contractor to face espionage charges for alleged data theft

An undated aerial handout photo shows the National Security Agency headquarters building in Fort Meade, MarylandGovernment lawyers on Thursday said they would prosecute a former National Security Agency contractor accused of stealing classified information under an espionage law, a move carrying far more severe penalties than previously announced charges. Harold Thomas Martin spent over two decades pilfering classified information from multiple government agencies, federal prosecutors said in a new filing made in a U.S. District Court in Baltimore. Among the material allegedly stolen by Martin included a top secret document that contained "specific operational plans against a known enemy of the United States and its allies," the prosecutors said.

'Black Mirror' brings its dark reflection of digital world to Netflix

The Netflix sign on is shown on an ipad in EncinitasDystopian anthology show "Black Mirror" will debut its third season with new partner Netflix Inc on Friday, returning with six stand-alone stories exploring the darker consequences of a world digitally connected. "Technology takes the place of how the supernatural would work in shows like 'The Twilight Zone' or 'Tales of the Unexpected'," Charlie Brooker, creator of "Black Mirror," told Reuters. "In today's world, we're used to technology doing things that five years ago would have made our heads spin off with astonishment." "Black Mirror" first debuted on UK television in 2011 with three episodes, including one where a fictional UK prime minister is forced to have sex with a pig on live television.

India's Wipro to buy U.S. cloud services company Appirio for $500 million

The Wipro campus is seen in BangaloreMUMBAI (Reuters) - Wipro Ltd , India's third-biggest software services exporter, said on Thursday it had agreed to buy U.S.-based cloud services company Appirio for $500 million.

Trump's 'bad hombres' and 'nasty woman' remarks stoke online outrage

Republican U.S. presidential nominee Donald Trump is shown on TV monitors in the media filing room during the last 2016 U.S. presidential debate in Las VegasBy Amy Tennery NEW YORK (Reuters) - U.S. Republican presidential nominee Donald Trump stirred social media ire on Wednesday after he said: "We have some bad hombres here" and referred to Democratic rival Hillary Clinton as "such a nasty woman." The remarks during the third and final presidential debate came as Trump struggles to attract support from Latinos and women ahead of the Nov. 8 presidential election. During the face-off in Las Vegas, Trump repeated his call for tougher security at the Mexican border, saying: "We have to keep the drugs out of our country." Adding he would also go after major drug dealers in the United States, he said: "We have some bad hombres here and we're going to get them out." Social media users quickly seized on the remark.

UK's online estate agents begin to squeeze bricks-and-mortar rivals
"What does a (traditional) estate agent contribute?" A growing number of people are being attracted by the cut-price fees of online estate agents in Britain. The sector has caught the eye of big-name investors like fund manager Neil Woodford and traditional branch-based agencies which once dismissed online rivals are having to react. "You're (either) watching and wondering what's going to happen or you're going to step in and take action," says Ian Wilson, chief executive of estate agents Martin & Co, which has over 300 offices and in September said it would buy online rival EweMove.

Saudi social media users see prince's execution as sign of equality
By Katie Paul and Tom Finn RIYADH/DOHA (Reuters) - Saudi social media users interpret the rare execution of an Al Saud prince as a sign of equality under Islamic law, approval likely to reassure Riyadh's absolute rulers as large spending cuts test the kingdom's welfare-based social contract. Prince Turki bin Saud al-Kabir was found guilty of shooting dead another Saudi national during a brawl and was executed after a royal order by King Salman, the interior ministry said on Tuesday. A prince who assassinated his uncle, King Faisal, was beheaded in 1975 and a princess was shot dead for adultery two years later.

Fleeing Brexit to Berlin? Beware red tape, startups say

Employees of the "Website as a Service" (WaaS) company MBJ sit in their office in BerlinDespite a slick campaign to lure companies from London to Berlin after Britain voted to leave the European Union, some of those which have moved say it is not as easy as it first appeared. Following the unexpected referendum decision in June, Germany's liberal Free Democrats hired a truck to drive around London with a billboard declaring, 'Dear start-ups, Keep calm and move to Berlin'. An ironic reference to a popular poster entreating Britons to Keep Calm and Carry On at the outbreak of World War Two against then Nazi-ruled Germany, it was soon followed by the opening of an official Berlin marketing office in London.

Google signs CBS, in talks with others on web TV: sources

The new Google logo is seen at the Google headquarters in Mountain View, CaliforniaAlphabet Inc unit Google has reached an agreement with CBS Corp to carry the network on its planned web TV service and is in advanced talks with 21st Century Fox and Viacom Inc to distribute its channels, three sources told Reuters on Wednesday. The service, which will be part of Google's YouTube Platform, is expected to launch in the first quarter and will include all of CBS' content, including live NFL games, one of the sources said. Google's so-called "skinny bundle," with fewer channels than a typical cable subscription, will cost $30 to $40 a month, the source said.

Previous    1    2    3    4    Next