Exclusive: Facebook hiring spree hints at ambitions in virtual reality and beyond

By Alexei Oreskovic and Bill Rigby SAN FRANCISCO/SEATTLE (Reuters) – Virtual reality goggles, drones and data centers are all driving a hiring spree at Facebook Inc that is set to swell its ranks as much as 14 percent in the near term, according to a review of job listings on the company's website. Oculus Rift, the maker of virtual reality headsets that Facebook acquired in a $2 billion deal last year, is among the key areas slated for growth, with 54 jobs listed on its website, according to a review by Reuters of listings. Among the roles that Facebook needs to fill for the Oculus business are managers to oversee logistics, procurement and global supply chain planning – a sign, some analysts say, that the product is nearing its commercial release

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Donations pour in for Phoenix newborn quadruplets after mom dies

(Reuters) – Thousands of dollars of donations have poured in from around the world to help pay for the care for newborn quadruplets of a Phoenix mother who died after giving birth to them, a fundraising website set up in the woman’s name announced on Saturday. The story of Erica Morales drew international attention when the 36-year-old died shortly after giving birth to three girls and a boy on Thursday, according to a report on television station KSAZ in Phoenix. “It is so hard to know she fought so hard for her children.” After years of trying and finally getting pregnant with the help of doctors, Morales, a real estate agent, died at Banner Good Samaritan Medical Center in Phoenix, leaving behind her husband, Carlos, according to Todman

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Obama turns focus to Internet security, privacy

By Doina Chiacu WASHINGTON (Reuters) – President Barack Obama will highlight plans next week to protect American consumers and businesses from cyber threats, a month after the most high-profile hacking attack on a U.S. company. Internet security became a national focus after a cyberattack on Sony Pictures that Washington blamed on North Korea

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Starboard reiterates Yahoo should combine with AOL

(Reuters) – Activist-investor Starboard Value LP has reiterated that Yahoo Inc should consider a merger with AOL Inc and cut costs to improve profits, spurred by media reports that Yahoo is exploring other large-scale acquisitions. Starboard, in September, urged Yahoo to consider merging with AOL on the grounds that a deal could create up to $1 billion in “synergies” by reducing overlaps in online display advertising and other overhead costs. The activist-investor holds stake in both companies

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Russia’s Mail.ru buys maps service company to lure mobile users

MOSCOW (Reuters) – Russian email-to-online-gaming group Mail.ru said on Thursday it had acquired MAPS.ME, a maps and navigation service for mobile devices, to help expand its global audience. Mail.ru, majority-owned by Russia’s richest man Alisher Usmanov, had announced plans to expand in foreign markets in October 2012 and launched the my.com brand, which now offers an email service for mobile phones, as well as chat and games

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China’s Tencent, Warner Music partner for music streaming

BEIJING (Reuters) – Chinese fans of Linkin Park and Jason Mraz will be able to stream licensed music from Tencent Holding Ltd after the internet firm said on Thursday it had signed a distribution deal with Warner Music Group (WMG). In a statement, the two companies said the deal would help music companies and artists by giving consumers better access to licensed music. The terms of the deal were not disclosed

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