New games help King Digital revenue, profit beat estimates

(Reuters) – Mobile game maker King Digital Entertainment Plc's quarterly revenue and profit handily beat market estimates as newer games such as “Candy Crush Soda Saga” more than made up for declining popularity of older titles. King Digital, whose shares jumped 18 percent in extended trading on Thursday, also said it would buy Seattle-based game developer Z2Live Inc. Total gross bookings, an indicator of future revenue, increased 8 percent to $586 million in the fourth quarter ended Dec.

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Exclusive: Obama set to announce executive order on cybersecurity threat data

By Joseph Menn SAN FRANCISCO (Reuters) – President Barack Obama is expected to announce an executive order directing the government and companies to share more information about cybersecurity threats in response to attacks like that on Sony Entertainment. As in other policy areas where Obama has been unable to get legislation through the now Republican-controlled Congress, the White House is turning to more limited administrative actions to advance its agenda as much as it can. The announcement could be tonight or tomorrow, when the U.S.

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