NBCUniversal invests $200 million in BuzzFeed
(Reuters) – Comcast Corp's NBCUniversal said on Tuesday it had invested $200 million in online publisher BuzzFeed, the latest move by the media conglomerate to tap into a younger audience.
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Apparel maker Patagonia stops buying Ovis 21 wool after PETA video
The footage published on Thursday by People for the Ethical Treatment of Animals (PETA) showed the cruel treatment at farms which supplied the Ventura, California-based company with merino wool used in its base layers and insulation. Patagonia’s Chief Executive Officer Rose Marcario said in a statement the company was shocked by the video, and they were dismayed to witness such “horrifying” mistreatment.
Read moreU.S. Darkode hacker pleads guilty to aiding online break-ins
A hacker charged with helping to break into least 77,000 computers through the online hacking forum Darkode pleaded guilty on Monday in U.S.
Read moreLiberty Interactive to buy online retailer Zulily in $2.4 billion deal
Liberty Interactive Corp , which owns home shopping network QVC, said it would acquire Zulily Inc in a deal valued at $2.4 billion to tap into the online retailer's younger clientele and its strong mobile presence. Chinese e-commerce giant Alibaba Group Holding Ltd owns a stake of about 9 percent in the company. Billionaire John Malone-backed Liberty will combine the five-year old Zulily with its QVC business, which is about 30 years old and seen by analysts as a maturing business in the United States
Read moreGoogle has until August 31 to reply to EU antitrust charges
Google Inc , the world's most popular Internet search engine, has been given an extra two weeks to counter European Union charges of abusing its market power in a dozen EU countries and stave off a possible billion-euro fine. The European Commission has extended the deadline for replying to the charges to Aug. 31 from July 17, a Google spokesman said on Thursday
Read moreBic apologises for sexist advert on South Africa’s women’s day
Pen manufacturer Bic has apologised for a post on its South African Facebook page on Women’s Day that has been heavily criticised for being sexist.
Read moreAmazon quietly shutters product ads that drove traffic to outside sites
By Mari Saito SAN FRANCISCO (Reuters) – Amazon.com Inc quietly shuttered a pay-per-click advertising programme that allowed businesses to divert traffic from the retailer's platform to their own websites on Tuesday, saying it would permanently discontinue the programme in October. The programme allowed many businesses that are not necessarily sellers on Amazon's online marketplace to buy ad space on its website
Read moreTwitter interim CEO Dorsey buys more shares in show of faith
“Investing in @twitter's future,” Dorsey tweeted on Monday, after disclosing he had bought 31,627 shares, worth about $875,000 at $27.67 per share.
Read moreTwitter signs multi-year deal with NFL
(Reuters) – The National Football League said it signed a multi-year partnership with microblogging site Twitter Inc to deliver video and other content to NFL fans on a daily basis. Content, including in-game highlights from pre-season through Super Bowl 50, will be distributed across Twitter from the start of the 2015 season, the NFL said in a press release. (http://bit.ly/1TkkSLl) The partnership expands on the NFL's existing partnership with Twitter since 2013, and Twitter users will now have access to more official NFL content than in the past
Read moreVideo gamers compete for millions of dollars in Seattle championship
By Curtis Skinner SEATTLE (Reuters) – Teams of video gamers playing characters ranging from wizards to monsters have exchanged virtual punches, fireballs and lightning strikes over the past five days as they battle at the Dota 2 International tournament in Seattle. Now in its fifth year and playing to a sold-out crowd in the 17,000-seat Key Arena, the International has grown every year in size, popularity and possible winnings for players. Video games have long been a moneymaker for the tech sector, forecast to generate some $111 billion in revenue this year by consultants Gartner Inc
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