Time 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 more(Reuters) – An online dating site for adults seeking sexual trysts has been hacked, potentially compromising the personal information of some of its 64 million members, the company said on Friday. AdultFriendFinder.com, part of Sunnyvale, California-based FriendFinder Networks Inc, said it had contacted law enforcement, including the FBI, and a private investigative team to review the incident.
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 moreBy Dan Levine SAN FRANCISCO (Reuters) – The founder of virtual reality glasses maker Oculus VR Inc, acquired by Facebook Inc for $2 billion, has been accused of taking confidential information he learned while working with another company and passing it off as his own, according to a lawsuit filed this week.
Read moreThe U.S. Treasury Department on Friday authorized American businesses and individuals to facilitate personal communications over the Internet like social media, instant messaging and photo sharing in Crimea, annexed by Russia from Ukraine last year.
Read moreBy Euan Rocha and Alastair Sharp VANCOUVER/TORONTO (Reuters) – The successful initial public offering of Shopify could prompt Hootsuite, another promising Canadian tech startup, to tap public markets sooner rather than later, its chief executive said on Thursday. Ottawa-based Shopify’s shares rose as much as 69 percent in the e-commerce software maker’s U.S. debut on Thursday, giving it a $2 billion-plus valuation.
Read moreBy Maria Tsvetkova and Eric Auchard MOSCOW/FRANKFURT (Reuters) – Russia's media watchdog has written to Google, Twitter and Facebook warning them against violating Russian Internet laws and a spokesman said on Thursday they risk being blocked if they do not comply with the rules. Roskomnadzor said it had sent letters this week to the three U.S.-based Internet firms asking them to comply with Internet laws which critics of President Vladimir Putin have decried as censorship. “In our letters we regularly remind (companies) of the consequences of violating the legislation,” said Roskomnadzor spokesman Vadim Ampelonsky. He added that, because of the encryption technology used by the three firms, Russia had no way of blocking specific websites and so could only bring down particular content it deemed in violation of law by blocking access to their whole services.
Read moreAncestry.com LLC, the world's largest family history website helping users trace their heritage, is exploring a sale that could value it at between $2.5 billion and $3 billion, including debt, according to people familiar with the matter. Permira Advisers LLC, the buyout firm that owns most of privately held Ancestry, has hired investment banks to run an auction for the company, the people said this week.
Read moreBy Andrea Shalal WASHINGTON (Reuters) – The U.S. Navy is working hard to improve the cyber security of its computer networks and weapon and communications systems, while bracing for potential attacks on power grids and fuel supplies, Navy Secretary Ray Mabus said Wednesday. Mabus said cyber warfare was a clear threat given Russia’s use of cyber attacks before its physical invasions of Crimea and Georgia
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.
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