(Reuters) – Jet.com, the online retailer founded by former Amazon.com executive Marc Lore, said on Wednesday that it dropped its $50 annual membership fee, marking a shift in business strategy for the upstart as it seeks to undercut Amazon and others on price.
Read moreGoogle announced on Wednesday it is piloting a program called Accelerated Mobile Pages that allows users to search for news and pull up a host of articles from publishers instantly. “This is a deal-less environment,” Richard Gingras, head of news at Google, said at a media event announcing the program.
Read more(Reuters) – Twitter Inc and Alphabet Inc have launched an open source code that allows faster loading of content-heavy Web pages on smartphones and tablets.
Read moreBy Aye Win Myint YANGON (Reuters) – Huddled in an open-plan office atop a tower block in Yangon’s scruffy downtown, a group of teenagers in jeans and T-shirts sifts through the list of candidates in Myanmar’s election and stares at their computer screens and mobile phones. Meet Team Pop Stack, which has just launched Myanmar’s first ever election app, and is racing to spread the word. Now they are targeting millions of hyper-active Facebook users in Myanmar, where mobile telephones and the Internet have spread rapidly since the end of military rule in 2011, and social media have a critical role in the Nov
Read moreDUBAI (Reuters) – Saudi Arabia's Kingdom Holding has paid $50 million to double its stake in microblogging site Twitter Inc, the Riyadh-based company said on Wednesday. Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, now owns 0.72 percent of Twitter, having originally invested $50 million in the tech company in 2011
Read more(Reuters) – Facebook Inc said it would launch a satellite in partnership with France's Eutelsat Communications to bring Internet access to large parts of sub-Saharan Africa. The satellite, part of Facebook's Internet.org platform to expand internet access mainly via mobile phones, is under construction and will be launched in 2016, the companies said on Monday.
Read more(Reuters) – Google, which has now morphed into holding company Alphabet Inc, is in talks with messaging startup Symphony Communication Services LLC for a round of fundraising, a person familiar with the matter told Reuters.
Read moreBy Daina Beth Solomon LOS ANGELES (Reuters) – Teen YouTube star Caleb Logan LeBlanc, part of the popular “Bratayley” family on YouTube known for posting humorous, wholesome daily videos, has died suddenly at age 13, his family and police said. LeBlanc died on Thursday in Maryland following a “medical emergency,” the Anne Arundel County Police Department said in a statement on Monday. “Responding officers arrived and observed a juvenile male patient suffering from an unknown medical emergency
Read moreThe U.S. government on Monday announced that it would hold a final auction of bitcoins seized during the prosecution of the creator of Silk Road, an online black market where illegal drugs and other goods could be purchased with the digital currency. The U.S
Read moreTwitter Inc named Jack Dorsey as its permanent CEO but said it would look elsewhere for a chairman, seeking to allay concerns about its co-founder's dual role as head of the mobile payments company Square. Twitter's shares rose as much as 6 percent on Monday after the announcement, which ended months of speculation about who would take the top job at the microblogging service. Dorsey has been running Twitter as interim CEO to much acclaim since his predecessor, Dick Costolo, stepped down on July 1
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