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Twitter shares poised for big move after results

February 4, 2015 admin friday-twitter, military-needed, our-military, president, saqib-iqbal, stock-exchange, strongest-open, twitter

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Twitter Inc shares are poised for a big move after it reports quarterly results on Thursday, according to options-market data, with user growth at the social media service possibly holding the key to whether shares rise or fall, analysts said. On Wednesday, the cost of a Twitter straddle, in which an investor buys an at-the-money put option and a similar call option, suggests a move of about 12 percent in either direction by Friday.

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Nationwide considers halting controversial child safety ad

February 2, 2015 admin boy-narrating, comedian-patton, during-the-game, gauge-whether, jennifer-saba, media-as-soon, seahawks, super, the-commercial, the-reaction, world

(Reuters) – Nationwide Mutual Insurance Company is considering whether or not to drop a TV advertisement featuring a dead boy speaking to viewers after a backlash on social media as soon as the commercial about child safety aired during Sunday’s Super Bowl broadcast. Nationwide spokesman Joe Case said on Monday that some of the reaction “was stronger than we anticipated” and “we’ll gauge whether or not to run the ad more.” The ad, Case said, was intended to start a conversation around child safety and accidents in the home, part of the insurer’s Make Safe Happen campaign.

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BMW fixes security flaw in its in-car software

January 30, 2015 admin bmw, brussels, cars-equipped, impede-the-car, luxury-carmaker, other-services, problem, said-officials, said-on-friday, services, software-using

German luxury carmaker BMW has fixed a security flaw that could have allowed hackers to unlock the doors of up to 2.2 million Rolls-Royce, Mini and BMW vehicles, it said on Friday. BMW said officials at German motorist association ADAC had identified the problem, which affected cars equipped with the company's ConnectedDrive software using on-board SIM cards — the chips used to identify authorized users of mobile devices. BMW drivers can use the software and SIM cards to activate door locking mechanisms, as well as a range of other services including real-time traffic information, online entertainment and air conditioning.

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Google to change privacy policy after investigation by UK data watchdog

January 30, 2015 admin better-inform, bmw, brussels, further-steps, handles-their, luxury-carmaker, office, other-services, personal, photo, said-on-friday, services, software-using, steps

Search engine Google has agreed to better inform users about how it handles their personal information after an investigation by Britain's data protection regulator found its privacy policy was too vague. The Information Commissioner's Office said in a statement that it required Google to sign a “formal undertaking” that it would make the changes by June 30 and take further steps in the next two years. The ICO investigation stems from a privacy policy implemented by Google in March 2012 that consolidated some 70 existing privacy policies into one and pooled data collected on individual users across its services, including YouTube, Gmail and its social network Google+.

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China’s new tech rules play to local firms’ strengths

January 30, 2015 admin beijing, better-inform, china, companies-say, joseph-menn, michael-martina, office, other-services, photo, regulation, san, security-tests, sharp-response, software-using

By Gerry Shih, Michael Martina and Joseph Menn BEIJING/SAN FRANCISCO (Reuters) – Draft Chinese government regulation would force technology vendors to meet stringent security tests before they can sell to China’s banks, an acceleration of efforts to curb the country’s reliance on foreign technology that has drawn a sharp response from U.S.

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Tencent inks exclusive online partnership for NBA games in China

January 30, 2015 admin better-inform, china, five-year-deal, gerry-shih, joseph-menn, known-as-wechat, league-entered, michael-martina, san, sharp-response, shenzhen, tencent

By Gerry Shih BEIJING (Reuters) – The National Basketball Association and Tencent Holdings Ltd said Friday the Shenzhen-based Internet giant will be the only company in China to stream the league’s online content. The exclusive, five-year deal will allow Tencent to offer for the first time in China the NBA’s League Pass package, which allows subscribers to watch a full season’s worth of games live and on-demand.

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Spotify expresses interest to raise $500 million: WSJ

January 29, 2015 admin citing-people, goldman, goldman-sachs, initial, matter, music-streaming, online, price, price-group, public-offering, spotify, street, street-journal, zenica

(Reuters) – Online music streaming service Spotify is working with Goldman Sachs for a new round of private fundraising which could potentially put off the initial public offering for another year, the Wall Street Journal reported, citing people familiar with the matter. Spotify is talking with investors who are known to buy into companies before a IPO, including mutual fund T. Rowe Price Group, the report said, citing people familiar with the matter.

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Amazon sales rise in holiday quarter, shares jump

January 29, 2015 admin crucial-holiday, goldman, mobile-devices, more-consumers, officer-jeff, online-services, sharply-higher, streaming-video, street, zoomed-image

By Deepa Seetharaman SAN FRANCISCO (Reuters) – Amazon.com Inc reported stronger than expected earnings on Thursday as North American sales surged during the crucial holiday quarter, sending its shares up 9 percent. The online commerce giant, which gets about a third of its revenue from October to December, reported earnings of 45 cents a share, trouncing Wall Street's average prediction for 17 cents

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Open Text revenue hit by strong US dollar, weak emerging markets

January 27, 2015 admin average, china, country, easing-the-way, helps-companies, internet, middle, officer-john, proposed-online, speaker-john, state-lawmakers, thomson-reuters, wrote-the-group

Canadian business-software maker Open Text Corp’s quarterly revenue fell short of market expectations, hit by a strong U.S.

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Turkish court orders Facebook to block pages insulting Mohammad: media

January 26, 2015 admin facebook, festival, government, mobile-devices, picture, president, silicon-valley, Technology

A Turkish court has ordered Facebook to block a number of pages deemed insulting to the Prophet Mohammad, threatening to stop access to the whole social networking site if it does not comply, state broadcaster TRT reported.