By Peter Rudegeair NEW YORK (Reuters) – DriverUp, a U.S. online marketplace that allows hedge funds to invest directly in car loans, launched on Monday with a $50 million investment from venture capital firms
Read moreBy Phil Stewart CAMP ARIFJAN, Kuwait (Reuters) – New U.S.
Read moreBy Michael Holden LONDON (Reuters) – British Prime Minister David Cameron said internet firms must do more to deal with online extremism after three teenage girls radicalized “in their bedrooms” left London in an apparent bid to travel to Syria. Friends Amira Abase, 15, Shamima Begum, 15, and Kadiza Sultana, 16, flew to Turkey last week in what the authorities believe was an attempt to travel to Syria to join the militant Sunni Islamist group Islamic State. News of their actions led to calls from lawmakers for social media companies to do more after it was revealed they had been in contact via Twitter with other women involved with Islamic State
Read moreA federal judge on Friday dismissed a lawsuit accusing Google Inc of harming smartphone buyers by forcing handset makers that use its Android operating system to make the search engine company's own applications the default option. Consumers claimed that Google required companies such as Samsung Electronics Co to favor Google apps such as YouTube on Android-powered phones, and restrict rival apps such as Microsoft Corp's Bing. They said this illegally drove smartphone prices higher because rivals could not compete for the “prime screen real estate” that Google's apps enjoyed
Read more(Reuters) – (This story corrects headline and first sentence to show that paid subscription service is for music, not broader service; changes source to Google, not CNBC; removes reference to YouTube exploring a paid, ad-free version of its service in Feb.18 story) Google Inc is set to launch its paid monthly subscription service called YouTube Music Key in a few months, Robert Kyncl, the online video service's head of content and business operations, said at the Code/Media conference. …
Read moreBy Alina Selyukh WASHINGTON (Reuters) – As the U.S. Federal Communications Commission prepares to vote on new rules for high-speed Internet service, one aspect of the rules is drawing criticism from both opponents and proponents of tighter regulation. The FCC, which is set to vote next week to regulate Internet service providers more like traditional telephone companies, has introduced a so-called “general conduct” provision in the latest version of the rules that aim to ensure net neutrality, the principle that all web traffic should be treated equally
Read more(Reuters) – A senior Maryland state corrections official has been fired after making comments on social media about being groped in prison by guards, a prisons spokesman said on Friday.
Read moreBy Eric Auchard FRANKFURT (Reuters) – U.S. and British spies hacked into the world’s biggest maker of phone SIM cards, allowing them to potentially monitor the calls, texts and emails of billions of mobile users around the world, an investigative news website reported.
Read moreThoma Bravo LLC, the private equity firm behind some of the technology sector’s largest leveraged buyouts, is seeking more money from investors for deals, less than a year after it raised a $3.65 billion fund, people familiar with the matter said. The new fundraising illustrates Thoma Bravo’s insatiable appetite for software makers and other technology companies, even as frothy valuations dampen other buyout firms’ enthusiasm. Thoma Bravo is seeking $1 billion for Thoma Bravo Special Opportunities Fund II, a fund that will invest in deals alongside its main buyout vehicle, Thoma Bravo Fund XI, which completed fundraising last May, the people said this week
Read moreBy Maria Kiselyova MOSCOW (Reuters) – Russia's competition watchdog said on Friday it had opened a case against Google Inc over alleged violation of anti-monopoly law, following a complaint from Russia's biggest search site Yandex NV over Google's mobile platform.
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