By Julia Love SAN FRANCISCO (Reuters) – Action camera maker GoPro Inc and Google Inc introduced a virtual reality system using 16 cameras and Google software, sending GoPro shares up nearly 7 percent on Thursday. GoPro's helmet- and body-mounted video cameras are popular with adventure sports enthusiasts, and the new GoPro system will use Google’s new Jump technology to help create a 360 degree view.
Read moreSaudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, has no plans to invest in Snapchat, a source familiar with the matter told Reuters on Thursday. The meeting, in which Snapchat Chief Executive Evan Spiegel and chief strategy officer Imran Khan were present, triggered speculation that Alwaleed may take part in Snapchat's new funding round that has already seen Alibaba Group Holding invest $200 million — giving the Los Angeles-based firm a valuation of around $15 billion.
Read moreNielsen NV announced on Wednesday that it is partnering with Tencent Holdings Ltd to measure its digital audience in a move that could direct more ad dollars from companies in the United States to China's biggest social network.
Read more(Reuters) – Penn State University on Tuesday said it was withdrawing recognition from a fraternity for three years after members were accused of posting pictures they took of mostly undressed women onto private Facebook pages. “The organizational misbehaviors is far more than the University can tolerate from a student organization that seeks its imprimatur,” vice president for Student Affairs Damon Sims said
Read moreBy Lawrence Hurley and Dan Levine WASHINGTON/SAN FRANCISCO (Reuters) – The Obama administration on Tuesday sided against Google Inc and said the U.S. Supreme Court should not hear the company's appeal in a case against Oracle Corp with wide implications for the technology industry, according to a court filing. The case involves how much copyright protection should extend to the Java programing language.
Read moreBy Malathi Nayak and Diane Bartz NEW YORK/WASHINGTON (Reuters) – Charter Communications Inc, seeking to remake the U.S. cable television industry by acquiring larger rival Time Warner Cable Inc for $56 billion, will try to skirt the regulatory obstacles that helped sink Comcast Corp's earlier bid for Time Warner Cable
Read moreBy Sami Aboudi DUBAI (Reuters) – A suicide bombing in Saudi Arabia as it presses on with its war against Shi'ite fighters in Yemen has exposed the Sunni kingdom's failure to curb sectarianism at home and prompted fears that such tensions can only get worse. Islamic State, which claimed Friday's attack on a Shi'ite mosque, is trying to stir up sectarian confrontation as a way of hastening the overthrow of the ruling Al Saud, and is keenly aware of the war's potential for pitting Sunni against Shi'ite
Read moreTime Warner Cable Inc is nearing an agreement to be acquired by smaller peer Charter Communications Inc for about $55 billion, combining the second and third largest U.S. cable operators, people familiar with the matter said on Monday. A deal would create a major rival to Comcast Corp, the biggest operator in the U.S.
Read moreAlberta's newly elected government suspended one of its rookie legislators on Friday after offensive pictures she posted on social media before being elected emerged. Sociology student Deborah Drever, 26, was elected for the New Democratic Party in the May 5 election that ended 44 years of Progressive Conservative rule in the province
Read more(Reuters) – Data storage equipment maker NetApp Inc reported fourth-quarter results below analysts’ estimates, hurt by lower sales to original equipment manufacturers, sending its shares down more than 10 percent in extended trading. The company, which cut about 500 jobs, also forecast first-quarter profit below market estimates. NetApp has been trying to boost growth by focusing on cloud-based products as businesses cut spending on high-end storage systems.
Read more