News Posts Archives - Page 105 of 129

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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Willis Re launches cyber insurer tool as risks remain unclear

February 3, 2015 publisher alice-underwood, among-insurers, companies-gauge, help-insurance, internet, portfolios, should-private, the-reinsurance, willis, willis-group

Reinsurer Willis Re on Tuesday launched a tool designed to help insurance companies gauge their portfolios' exposure to cybersecurity risks, the latest effort to develop a growing market that has nonetheless faced worries about potential pitfalls. The tool, called PRISM-Re, is meant to help insurance companies understand how much risk they face should they have to pay out for everything from managing a cyberattack crisis to hiring credit monitoring services should private data be breached. “There's still a little bit of hesitation (among insurers) about, 'how do I understand what my overall exposure might be',” said Alice Underwood, head of analytics for Willis Re North America

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China’s internet population hits 649 million, 86 pct on phones

February 3, 2015 creative alice-underwood, among-insurers, companies-gauge, internet, internet-cafe, search-giant, should-private, use-computers, wave, world

By Paul Carsten BEIJING (Reuters) – China had 649 million internet users by the end of 2014, with 557 million of those using handsets to go online, said a government report on Tuesday, as the world's biggest smartphone market continues its shift to mobile.

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Facebook, Twitter lock horns in post-Super Bowl battle of the statistics

February 3, 2015 creative during-the-game, facebook, internet, jennifer-saba, match, san, seahawks, search-giant, super, touchdown-catch, use-computers, wave, world

By Alexei Oreskovic and Jennifer Saba SAN FRANCISCO (Reuters) – Facebook Inc and Twitter Inc released a barrage of data, special “heat” maps and slick animations on Monday to claim the title of most-popular social network for spectators watching the Super Bowl, but a winner was difficult to pick. Facebook, the world's largest social network, boasted that 65 million people chimed in on its service about the match that saw the New England Patriots edge the Seattle Seahawks 28-24, up 30 percent from the year earlier.

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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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Former Kleiner partner seeks $16 million in discrimination lawsuit

February 2, 2015 publisher court-on-monday, during-the-game, jennifer-saba, kleiner, san, silicon-valley, super, the-reaction, venture-capital

By Sarah McBride SAN FRANCISCO (Reuters) – Ellen Pao, a former partner at prominent Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers, is seeking $16 million for discrimination and retaliation in a lawsuit against the firm, a Kleiner attorney said in court. Kleiner has denied the accusations of discrimination and retaliation, along with accusations that it did not take reasonable steps to prevent discrimination. At a hearing in San Francisco Superior Court on Monday, Kleiner attorney Lynne Hermle publicly disclosed the amount of damages sought for the first time.

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Alibaba meets with China regulator, controversial report retracted

January 31, 2015 publisher china, chinese, executive, gestures-during, mountain-resort, official, regulator, session, sold-on-alibaba, state, swiss

(Reuters) – The head of China's commerce regulator met with Alibaba Group Holding Ltd chairman Jack Ma on Friday to discuss combating fake products, the official Xinhua news agency reported, with the two adopting a conciliatory tone after a row over illegal business on the Internet company's platforms. The meeting took place the same day the regulator, the State Administration for Industry and Commerce (SAIC), backtracked on an earlier report that had excoriated the Chinese online commerce company for not doing enough to suppress counterfeiting on its websites.

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Factbox: Canada security bill’s main provisions

January 30, 2015 publisher australia, china, chinese, france, friday, gestures-during, islamist, militants-since, mountain-resort, official, security, sold-on-alibaba, state, swiss, the-security

The Canadian government introduced legislation on Friday to counter terrorism in response to attacks in Canada, France and Australia by Islamist militants since last October. The following are the main provisions: CANADIAN SECURITY INTELLIGENCE SERVICE – CSIS would have powers to disrupt threats to the security of Canada at home and abroad, not just collect intelligence. PROMOTION OF TERRORISM – It would make it a crime to call for attacks on Canada in general.

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Hedge funds lose court bid over Ancestry.com deal price

January 30, 2015 publisher ancestry-com, australia, friday, islamist, market, popular-hedge, price-should, wilmington

By Tom Hals Wilmington, Del. (Reuters) – Hedge funds lost a court bid to get extra cash for their shares of online family research site Ancestry.com Inc, in a ruling involving an increasingly popular hedge fund strategy.

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Canada security bill provides new powers to combat terror

January 30, 2015 creative conservative, conservatives, country, intelligence, islamist, make-it-easier, make-preventive, market, news-conference, popular-hedge, price-should, prime, prime-minister, stephen, wilmington

By Andrea Hopkins RICHMOND HILL, Ontario (Reuters) – New anti-terror legislation in Canada would make it a crime to call for attacks on the country and give a much larger role to the government's main spy agency. The bill introduced by the Conservative government on Friday would give the spy agency, the Canadian Security Intelligence Service, the ability to disrupt attacks by interfering with travel plans or communications, for example. The bill, whose passage is assured because the Conservatives have a majority in Parliament, would also make it easier for police to make preventive arrests.