Key staff members at the U.S. Federal Trade Commission were in favor of suing Google Inc for violating antitrust rules before the agency settled its investigation in 2013, according a confidential report cited by the Wall Street Journal on Thursday. The report by the staff of the FTC's competition bureau argued that the owner of the world's No
Read more(Reuters) – Penn State University’s president says a re-evaluation of the school’s fraternity system may be needed after a fraternity was suspended for posting online photographs of nude women, some of them apparently unconscious. In a statement on Penn State’s website, President Eric Barron said he was “shocked and angered by the apparent disregard for not only the law, but also human dignity.” Barron called the images showing the women naked or partially clothed “highly inappropriate and disturbing.” The Kappa Delta Rho fraternity was suspended as of March 3, accused of hosting private Facebook pages and posting pictures that members took of mostly undressed women who were passed out or sleeping. “This evidence, which is still being gathered by the State College Police, is appalling, offensive and inconsistent with our community’s values
Read moreBy Jussi Rosendahl HELSINKI (Reuters) – Finnish mobile games maker Rovio pinned its hopes on Thursday on a costly 3D movie project helping it return to growth, after a 73 percent profit drop gave the latest sign its mainstay Angry Birds brand is losing appeal. A decline in its business licensing the Angry Birds brand on toys, clothing and sweets is adding to the problems of Rovio, which has yet to repeat the success of its original slingshot-based game which became the No.1 paid mobile app of all time after its launch in 2009
Read moreBy Gerry Shih BEIJING (Reuters) – Chinese telecom giant Huawei Technologies Co Ltd [HWT.UL] became the world's No. 1 applicant for international patents in 2014, a United Nations agency said Thursday, underscoring the innovative strides made by Chinese technology companies. Huawei was followed by San Diego-based chipmaker Qualcomm Inc while Huawei's crosstown rival ZTE Corp, which was the world's leading applicant in 2012, took third place in its number of filings, according to the World Intellectual Property Organization (WIPO).
Read moreBy Teppei Kasai TOKYO (Reuters) – Japanese online retailer Rakuten Inc is buying U.S.
Read moreBy Teppei Kasai TOKYO (Reuters) – Japanese online retailer Rakuten Inc is buying U.S. eBook company OverDrive Inc for about $410 million, deepening its push into the U.S.
Read moreBy Eveline Danubrata and Charlotte Greenfield JAKARTA (Reuters) – Indonesian conglomerate Lippo Group plans to launch payment, chat and other online services early next year as it continues expanding in the nascent e-commerce industry of the world’s fourth-most populous country, a senior executive told Reuters.
Read moreBy Eveline Danubrata and Charlotte Greenfield JAKARTA (Reuters) – Indonesian conglomerate Lippo Group plans to launch payment, chat and other online services early next year as it continues expanding in the nascent e-commerce industry of the world’s fourth-most populous country, a senior executive told Reuters.
Read moreTarget Corp has agreed to pay $10 million in a proposed settlement of a class-action lawsuit related to a huge 2013 data breach that consumers say compromised their personal financial information, court documents show. Under the proposal, which requires federal court approval, Target will deposit the settlement amount into an interest bearing escrow account, to pay individual victims up to $10,000 in damages. The proposal also requires Target to adopt and implement data security measures such as appointing a chief information security officer and maintaining a written information security program
Read moreTarget Corp has agreed to pay $10 million in a proposed settlement of a class-action lawsuit related to a huge 2013 data breach that consumers say compromised their personal financial information, court documents show.
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