EU starts in-depth inquiry into online music licensing venture

BRUSSELS (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). ..

Read more

Minister says spy agencies don’t have enough powers to protect UK

LONDON (Reuters) – Britain's failure to pass a law forcing communications firms to collect and store online data is endangering lives and weakening the country's ability to protect itself, Theresa May, the interior minister, warned on Wednesday. “Every day that passes without the proposals in the communications data bill, the capabilities of the people who keep us safe diminishes and …

Read more

UK online grocer Ocado confident about 2015 prospects

LONDON (Reuters) – British online grocer Ocado outperformed its traditional supermarket rivals over Christmas and said it was confident about prospects in 2015 despite an escalating price war. The firm, whose range includes products supplied by upmarket grocer Waitrose , said on Wednesday sales growth in December continued at the rate it achieved in the final quarter of its 2013-14 financial year

Read more

U.S. Central command says hack did not compromise operational military networks

WASHINGTON (Reuters) – U.S. Central Command said on Monday that operational military networks were not compromised and there was “no operational impact” from a hacking incident carried out by people claiming to be sympathizers of the Islamic State militant group

Read more

Amazon’s Golden Globes give it new credibility in Hollywood

By Deepa Seetharaman and Piya Sinha-Roy SAN FRANCISCO/LOS ANGELES (Reuters) – Amazon.com Inc's success at Sunday's Golden Globe Awards may help it win over two key audiences: Hollywood’s A-list talent and the shopping customers the retailer wants to join its Prime membership program.

Read more

Obama turns focus to Internet security, privacy

By Doina Chiacu WASHINGTON (Reuters) – President Barack Obama will highlight plans next week to protect American consumers and businesses from cyber threats, a month after the most high-profile hacking attack on a U.S. company. Internet security became a national focus after a cyberattack on Sony Pictures that Washington blamed on North Korea

Read more