Two online payday lending companies linked to a professional racecar driver have agreed to pay a record $21 million to resolve charges by U.S. regulators that they engaged in deceptive practices, the Federal Trade Commission said on Friday
Read moreSouth African media and internet group Naspers has no plans to sell its Polish business Allegro, a spokeswoman said on Friday, denying a report that the online auction site was on the block. Reuters reported this week that Cape Town-based Naspers was looking to sell its Polish operations, including Allegro, Eastern Europe’s largest web auction service
Read moreBy Eric Kelsey LOS ANGELES (Reuters) – For Dick Pope, the cinematographer who earned his second Oscar nomination on Thursday for British historical drama “Mr. Turner,” one scatological slip of the tongue made him a trending topic. Isaacs quickly corrected her mistake, but in the Twitter age it could not stop “Dick Poop” from trending globally just below the nominations itself
Read moreBy Irene Klotz CAPE CANAVERAL, Fla. (Reuters) – Richard Branson's Virgin Group and Qualcomm Inc will invest in a venture to build and fly a constellation of 648 satellites that can provide high-speed, global Internet access, company officials said on Thursday.
Read moreThe controversial U.S. surveillance law known as FISA led to the discovery of a plot to attack the U.S
Read moreBy Alina Selyukh and Roberta Rampton WASHINGTON (Reuters) – The White House on Thursday said legislation was not necessary to settle so-called “net neutrality” rules because the Federal Communications Commission had the authority to write them. Republicans in Congress are trying to drum up support for a bill that would counter the FCC's upcoming new rules. “In terms of legislation, we don’t believe it’s necessary given that the FCC has the authorities that it needs under Title II,” a White House official told Reuters
Read moreHeavy users of the Internet and social media do not have higher levels of stress, and women who use Twitter, email and photo sharing show less stress than women who do not use them, a survey released on Thursday showed.
Read moreBy Paul Lienert and Joe White DETROIT (Reuters) – Internet company Google Inc has begun discussions with most of the world's top automakers and has assembled a team of traditional and nontraditional suppliers to speed up efforts to bring self-driving cars to market by 2020, a top Google executive said on Wednesday.
Read moreOSLO (Reuters) – Kuddle, a picture sharing app for children, will launch a crowdfunding initiative on Thursday aimed at raising $7.35 million to pay for further growth of its service, Chief Executive Ole Vidar Hestaas said on Wednesday. The Norwegian firm, which bills itself as a child friendly rival to Facebook’s Instagram, is in the process of hiring 40 to 50 people in its newly established Silicon Valley office and has recently hired a country manager for Brazil.
Read moreBRUSSELS (Reuters) – The European Commission said on Wednesday it had opened an in-depth investigation into the planned creation of an online joint venture by three organizations which collect rights for music. The joint venture would be between Britain's PRS for Music Limited (PRSfM), Sweden's Foreningen Svenska Tonsattares Internationella Musikbyra (STIM) and Germany's Gesellschaft für musikalische Auffuehrungs- und mechanische Vervielfaeltigungsrechte (GEMA). ..
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