U.S. Darkode hacker pleads guilty to aiding online break-ins
A hacker charged with helping to break into least 77,000 computers through the online hacking forum Darkode pleaded guilty on Monday in U.S.
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Twitter considers board shakeup, may include exit of Costolo: Bloomberg
(Reuters) – Twitter Inc's board is weighing a shakeup that could involve the exit of former Chief Executive Dick Costolo, Bloomberg reported, citing people familiar with the matter. The changes may be announced when the company names a permanent CEO, Bloomberg said. Twitter declined to comment.
Read moreGE unveils customized cloud service in industrial data push
General Electric Co said on Wednesday it is developing a cloud-based service tailored for industrial customers, the latest step in the U.S. conglomerate's effort to gain business from data generated by machines. GE Chief Executive Jeff Immelt has bet on developing analytics and software for customers of the company's jet engines, power-generating turbines, healthcare equipment and other industrial products.
Read moreOnline meal firm HelloFresh prepares for listing this year: sources
By Arno Schuetze and Alexander Hübner FRANKFURT (Reuters) – Online meal preparation firm HelloFresh is readying a stock market listing this year as it seeks to capitalize on buoyant equities markets and investor appetite for the Internet food market, according to three people familiar with the matter. Majority owner Rocket Internet and co-investors have mandated Morgan Stanley and Goldman Sachs to organize the listing, the sources said.
Read morePlentyOfFish for Match.com owner at $575 million
IAC/InterActive Corp’s Match Group, which owns Match.com, agreed to buy dating website PlentyOfFish for $575 million to push deeper into the lucrative mobile-based dating business, ahead of its planned public listing. Canada-based PlentyOfFish was launched in 2003 and has over 90 million registered users worldwide, 80 percent of whom access the services on mobile devices, according to its website. The company’s founder and Chief Executive Markus Frind grew the site to 10 million users on his own while running the company out of his Vancouver apartment.
Read moreGerman newspaper sales stabilize as readers pay online
FRANKFURT/BERLIN (Reuters) – German newspaper revenues stabilized in 2014 after years of decline as publishers compensated for falling advertising sales by persuading more readers to pay for news online. Total revenues fell 0.6 percent to 7.76 billion euros ($8.57 billion) in Europe’s biggest newspaper market, the Federation of German Newspaper Publishers (BDZV) said, compared with a 4.4 percent decline in 2013.
Read moreTwo more Chinese tech companies get buyout offers from CEOs
Chinese video streaming website operator YY Inc and online retailer E-Commerce China DangDang Inc, on Thursday, became the latest in a string of Chinese companies to get offers to be taken private. Chairman Jun Lei and Chief Executive David Li offered to take YY private in a deal valuing it at about $3.69 billion, while E-Commerce China CEO Guoqing Li and Chairwoman Peggy Yu Yu offered $7.812 per ADS for the online book and media retailer.
Read moreIsraeli jailed for Madonna album hack
A former contestant in Israel’s version of “American Idol” was jailed for 14 months on Thursday for selling demo tracks he stole from Madonna’s latest album by hacking into the email and cloud accounts of people close to the singer. Under a plea bargain at Tel Aviv Magistrate’s Court, Adi Lederman confessed to computer trespassing and infringement of privacy and property rights in connection with the offences, committed last year
Read moreBroadbandTV, Huffington Post to launch citizen journalism network
RTL Group’s online video company BroadbandTV (BBTV) and news website Huffington Post announced plans on Tuesday to launch an online video journalism network as media groups vie for younger audiences less attracted to traditional media. The new citizen journalist network, called Outspeak, will combine BBTV’s 4.5 billion monthly views and The Huffington Post’s 214 million monthly unique visitors, the two companies said in a joint statement
Read moreSpotify to start offering videos
Streaming music service Spotify will soon provide video content from musicians, news organizations and TV networks in a bid to sign up more subscribers, the company said on Wednesday. A new recommendation function, similar to what rival Pandora Media Inc offers, will let people pick channels based on lifestyle activities, like “songs to sing to in the shower,” or “100 plus hits form the 1980s,” the Stockholm-based company said
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