U.S regulator sued by broadband companies over net neutrality rules

By Alina Selyukh WASHINGTON (Reuters) – U.S. broadband providers on Monday filed lawsuits against the Federal Communications Commission's recently approved net neutrality rules, launching what is a expected to be a series of legal challenges. Broadband industry trade group USTelecom filed a lawsuit against the FCC in the U.S.

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Online gambling company GVC interested in ‘something like’ Bwin

Online gambling company GVC Holdings Plc is in talks for potential acquisitions and “something like” rival Bwin.party would be of interest, Chief Executive Kenneth Alexander said. Consolidation activity in the gambling industry has gathered steam as an increase in taxes and regulations in some of the biggest markets hurts companies

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Online ad revenue at risk in war on ‘click fraud’

Spurred by a warning in December by the Association of National Advertisers (ANA) that businesses are losing $6.3 billion a year to so-called “click fraud,” these companies now stipulate in advertising contracts that they will only pay for online ads when given proof that humans clicked on them. “We don't want to be paying for non-human traffic,” said Mark Clowes, global head of advertising at American International Group Inc , the largest commercial insurer in the country. In a typical click fraud scheme, a crook infects many computers with malicious software, and directs the machines – called bots – to visit a webpage, click on an ad or watch a video

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Angry Birds maker bets on animated movie as profit drops

By Jussi Rosendahl HELSINKI (Reuters) – Finnish mobile games maker Rovio pinned its hopes on Thursday on a costly 3D movie project helping it return to growth, after a 73 percent profit drop gave the latest sign its mainstay Angry Birds brand is losing appeal. A decline in its business licensing the Angry Birds brand on toys, clothing and sweets is adding to the problems of Rovio, which has yet to repeat the success of its original slingshot-based game which became the No.1 paid mobile app of all time after its launch in 2009

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China’s Huawei leads international patent filings: WIPO

By Gerry Shih BEIJING (Reuters) – Chinese telecom giant Huawei Technologies Co Ltd [HWT.UL] became the world's No. 1 applicant for international patents in 2014, a United Nations agency said Thursday, underscoring the innovative strides made by Chinese technology companies. Huawei was followed by San Diego-based chipmaker Qualcomm Inc while Huawei's crosstown rival ZTE Corp, which was the world's leading applicant in 2012, took third place in its number of filings, according to the World Intellectual Property Organization (WIPO).

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Indonesia’s Lippo continues e-commerce push with payment service

By Eveline Danubrata and Charlotte Greenfield JAKARTA (Reuters) – Indonesian conglomerate Lippo Group plans to launch payment, chat and other online services early next year as it continues expanding in the nascent e-commerce industry of the world’s fourth-most populous country, a senior executive told Reuters.

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Target agrees to pay $10 million to settle lawsuit from data breach

Target Corp has agreed to pay $10 million in a proposed settlement of a class-action lawsuit related to a huge 2013 data breach that consumers say compromised their personal financial information, court documents show.

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Alibaba leaning away from plans to invest in India’s Snapdeal: Recode

(Reuters) – Alibaba Group Holdings Ltd may scrap plans to invest in Indian online marketplace Snapdeal, technology website Recode reported, citing a person who was familiar with the matter. Last week, a person informed about the deal had told Reuters that Alibaba was in talks with Snapdeal over a potential cash investment in what could have been the Chinese e-commerce giant's first direct investment in India. Alibaba has held discussions with Snapdeal about a possible investment, but the Chinese company is leaning away from investing in Snapdeal right now, Recode said

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