China's Tencent Holdings Ltd has taken a $50 million stake in Kik Interactive, an investment that values the Canadian mobile messaging company at more than $1 billion, Kik said on Wednesday. Kik, a Waterloo, Ontario-based company whose chat platform is popular with U.S
Read moreBy Patricia Reaney NEW YORK (Reuters) – For young people trying to get a foot on the career ladder, internships offer valuable experience.
Read more(Reuters) – Comcast Corp's NBCUniversal said on Tuesday it had invested $200 million in online publisher BuzzFeed, the latest move by the media conglomerate to tap into a younger audience.
Read morePolice in China said on Tuesday they had arrested about 15,000 people for crimes that “jeopardized Internet security”, as the government moves to tighten controls on the Internet. Since taking over in 2013, President Xi Jinping has led an increasingly harsh crackdown on China's Internet, which the Communist Party views with greater importance and acknowledges it needs to control, academics and researchers say. Police have investigated 7,400 cases of cyber crime, the Ministry of Public Security said in a statement on its website
Read moreThe dental practice of a Minnesota hunter whose killing of Zimbabwe's best-known lion, Cecil, sparked widespread criticism from animal lovers around the world reopened on Monday without him, the practice said in a statement.
Read moreThe footage published on Thursday by People for the Ethical Treatment of Animals (PETA) showed the cruel treatment at farms which supplied the Ventura, California-based company with merino wool used in its base layers and insulation. Patagonia’s Chief Executive Officer Rose Marcario said in a statement the company was shocked by the video, and they were dismayed to witness such “horrifying” mistreatment.
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Read moreA hacker charged with helping to break into least 77,000 computers through the online hacking forum Darkode pleaded guilty on Monday in U.S.
Read moreLiberty Interactive Corp , which owns home shopping network QVC, said it would acquire Zulily Inc in a deal valued at $2.4 billion to tap into the online retailer's younger clientele and its strong mobile presence. Chinese e-commerce giant Alibaba Group Holding Ltd owns a stake of about 9 percent in the company. Billionaire John Malone-backed Liberty will combine the five-year old Zulily with its QVC business, which is about 30 years old and seen by analysts as a maturing business in the United States
Read moreBy Paulo Prada RIO DE JANEIRO (Reuters) – Despite protests by hundreds of thousands of Brazilians against President Dilma Rousseff and ongoing calls for her impeachment, little suggests radical change in Brazil anytime soon. With the country hobbled by legislative gridlock, a lack of viable alternatives to the established political parties and an economic reversal so complete that its currency is trading at a 12-year trough, there are no easy or fast fixes
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