Internet advertising to drive global ad spend: Zenith

Surging growth in advertising via mobile phones and tablet computers will help Internet advertising overtake television as the dominant medium for global ad spending by 2017, a leading media buyer forecasts. Zenith Optimedia, owned by advertising agency Publicis, said on Monday that it expects mobile advertising – via smartphones, iPads and other tablet computers – to more than double its share of global ad spending between 2014 and 2017, to 12.9 percent.

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Hackers ground 1,400 passengers at Warsaw Airport

Around 1,400 passengers of the Polish airline LOT were grounded at Warsaw's Chopin airport on Sunday after hackers attacked the airline ground computer systems used to issue flight plans, the company said. The computer system was hacked in the afternoon and fixed after around five hours, during which 10 of the state-owned carrier's national and international flights were canceled and about a dozen more delayed, spokesman Adrian Kubicki said

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Still an underdog, but China government deals help Alibaba’s cloud ambitions

By Paul Carsten and John Ruwitch SHANGHAI/BEIJING (Reuters) – E-commerce giant Alibaba Group Holding Ltd is an underdog in the global cloud computing industry, but it has one thing going for it: it's Chinese. Alibaba this week scored a minor deal with China's northeastern port city of Dalian to build a cloud computing center and provide online government services such as bill payment

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Traders bet on Twitter near-term gains as takeover chatter persists

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Dick Costolo's decision to step down as Twitter Inc's chief executive last week failed to stem the weeks-long slide in the company's shares, but options traders appear to be betting on a near-term rebound. The stock has shed more than a third of its value since Twitter reported first-quarter results in April

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Head of hacked U.S. agency says problems ‘decades in the making’

The head of a U.S. agency that fell victim to cyber attacks defended its performance on Tuesday against withering criticism from lawmakers furious about a breach that compromised the personnel files of millions of federal workers

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China detains nine for spreading rumors about the military

Chinese authorities have detained nine people for spreading rumors on the Internet that several military officers were involved in protests and for damaging the military's image, the military's official newspaper said on Friday. Some of them also “demonized the military's image”, it said.

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Dataminr finance chief departs unexpectedly: sources

By Lauren Tara LaCapra NEW YORK (Reuters) – Dataminr Inc, a technology company that alerts traders, government officials and journalists to important tweets, has lost its chief financial officer. The abrupt departure of Tania Secor, who had been CFO since November 2013, comes a few months after the company raised a third round of funding from high-profile investors, valuing the company at $700 million.

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BroadbandTV, Huffington Post to launch citizen journalism network

RTL Group’s online video company BroadbandTV (BBTV) and news website Huffington Post announced plans on Tuesday to launch an online video journalism network as media groups vie for younger audiences less attracted to traditional media. The new citizen journalist network, called Outspeak, will combine BBTV’s 4.5 billion monthly views and The Huffington Post’s 214 million monthly unique visitors, the two companies said in a joint statement

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