Twitter has complied with Turkey’s request to remove images of an Istanbul prosecutor held at gunpoint by far-left militants and the block of access to is about to be lifted, a Turkish official told Reuters on Monday.
Read moreFRANKFURT (Reuters) – Google has seen reports that YouTube is blocked in Turkey and is working to restore its video-sharing service, a company spokesman said on Monday. (Reporting by Eric Auchard; Writing by Nick Tattersall; Editing by David Dolan)
Read more(This version of the story corrects paragraph four to give alleged profit as more than 6 million yuan instead of 600 million yuan.) BEIJING (Reuters) – Beijing police have arrested an environmental reporter and his associates in an apparent extortion scandal, as China works to crack down on corruption in the news media. A string of corruption scandals in China’s news media has shaken the faith of the public in the largely state-controlled industry and in response, the media regulator unveiled tougher rules last year. The group’s ringleader, surnamed Chen, is accused of blackmailing businesses into paying hundreds of thousands of yuan to delete embarrassing online reports about their activities on a website for environmental news, the official Xinhua news agency said.
Read more(Reuters) – Amazon.com is in talks to buy online luxury retailer Net-a-porter in what could be the biggest acquisition yet for the e-commerce giant, but the negotiations are in early stages and could fall apart, Forbes reported, citing a person familiar with the matter. The potential deal, first reported by Women's Wear Daily, could value Net-a-Porter lower than the valuation of 2 billion euros ($2.16 billion) reported by the fashion industry trade journal, Forbes reported on Thursday, citing the person. Seattle-based Amazon has long eyed the high-end fashion retail sector and any deal for Net-a-Porter would mean a new commitment in an area where the company lacks a strong presence, Forbes said.
Read more(Reuters) – Twitter Inc launched a video streaming app called Periscope on Thursday, just days after reports that it had blocked a rival app called Meerkat. Meerkat relies heavily on Twitter and has become hugely popular in the month since its launch.
Read moreBy Andrea Shalal WASHINGTON (Reuters) – The famed Pentagon research arm that gave the world the Internet and the miniaturized GPS receivers used in consumer devices said on Thursday one of its key goals now is to ensure U.S. troops do not get left behind as technologies advance at a lightning pace. Arati Prabhakar, director of the Pentagon’s Defense Advanced Research Projects Agency, said easy access to once-proprietary products and the fast pace of commercial technological development threaten the U.S.
Read moreZynga Inc must face a lawsuit that accuses the gaming company known for its “FarmVille” game of defrauding shareholders about its prospects before and after its December 2011 initial public offering.
Read moreBy Foo Yun Chee and Rene Wagner BERLIN (Reuters) – European Union regulators plan to investigate ecommerce to help remove barriers to cross-border trade in the 28-nation bloc, the EU's antitrust chief said, a move that may lead to action against companies which deliberately block online sales. European Competition Commissioner Margrethe Vestager said she decided to launch the year-long inquiry because such hurdles were hampering the growth of online sales. According to the European Commission, while one in two EU consumers shopped online last year, just 15 percent bought a product online in another EU country because of restrictions such as language, different laws and anti-competitive behavior, “It is high time to remove remaining barriers to ecommerce, which is a vital part of a true Digital Single Market in Europe,” Vestager told reporters at a conference organized by the German competition authority on Thursday
Read moreBy Malathi Nayak NEW YORK (Reuters) – Verizon Communications Inc may rely largely on advertising for revenue from its upcoming online video service, Chief Financial Officer Fran Shammo said in an interview.
Read moreBy Patricia Zengerle WASHINGTON (Reuters) – The U.S. House of Representatives Intelligence Committee voted unanimously on Thursday to advance a long-awaited bill that would make it easier for companies to share information about cybersecurity threats with the government without the fear of lawsuits. The legislation is expected to come before the full House as soon as late April, after lawmakers return from a two-week early April recess.
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