Video gamers compete for millions of dollars in Seattle championship

By Curtis Skinner SEATTLE (Reuters) – Teams of video gamers playing characters ranging from wizards to monsters have exchanged virtual punches, fireballs and lightning strikes over the past five days as they battle at the Dota 2 International tournament in Seattle. Now in its fifth year and playing to a sold-out crowd in the 17,000-seat Key Arena, the International has grown every year in size, popularity and possible winnings for players. Video games have long been a moneymaker for the tech sector, forecast to generate some $111 billion in revenue this year by consultants Gartner Inc

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Britons prefer smartphones over laptops to go online – watchdog

Smartphones have overtaken laptops as the preferred way for Britons to go online, driven by increased take-up of the devices and a jump in superfast mobile broadband subscriptions, the British telecoms regulator said on Thursday. A third of people said they turned to a smartphone first to browse the Internet, access social media or shop online, while 30 percent opened up a laptop, Ofcom said.

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Internet advertising to drive global ad spend: Zenith

Surging growth in advertising via mobile phones and tablet computers will help Internet advertising overtake television as the dominant medium for global ad spending by 2017, a leading media buyer forecasts. Zenith Optimedia, owned by advertising agency Publicis, said on Monday that it expects mobile advertising – via smartphones, iPads and other tablet computers – to more than double its share of global ad spending between 2014 and 2017, to 12.9 percent.

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Computing, telecoms industries set on collision course

By Eric Auchard and Leila Abboud BARCELONA (Reuters) – Telecom network gear makers are on a collision course with Silicon Valley computing giants as software and cloud computing have begun to change the way operators from AT&T to China Mobile run their networks. As networks move to relatively standard hardware, formerly entrenched equipment groups must increasingly compete for contracts with the likes of Cisco, Hewlett-Packard and VMware, as well as a slew of startups.

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European telecoms firms call for pragmatism on net neutrality

By Leila Abboud BARCELONA (Reuters) – Europe's two biggest telecom operators have called on regulators to be flexible and pragmatic in finalising rules to protect the openness of the Internet, to allow them to give priority to certain kinds of data traffic on their networks.

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Snapchat seeks new funding at up to $19 billion valuation: Bloomberg

(Reuters) – Snapchat is looking to raise as much as $500 million in a new funding round that would value the mobile messaging company at up to $19 billion, Bloomberg reported on Tuesday, citing a person with knowledge of the matter. The latest valuation is a massive increase for the company, which Facebook Inc offered to buy for $3 billion in late 2013.

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U.S. to allow export of smartphones, PCs to Sudan to boost access

The United States on Tuesday eased restrictions on the export of some personal telecommunications devices to Sudan such as smartphones and computers, to help give ordinary Sudanese greater access to social networking and the Internet. The licensing changes announced by the U.S. Treasury will cover personal devices such as computers, mobile phones, radios and digital cameras, and related software and services, U.S.

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