France’s Sarkozy attracts mockery with Twitter chat

Former French president Nicolas Sarkozy drew a wave of mocking comments about his judicial woes when he launched a rare question-and-answer session on Twitter on Friday. As soon as the Q&A session was announced, dozens took to Twitter to question him on issues such as his decision to rename the conservative party “The Republicans” and the financing of his political campaigns

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Twitter cuts revenue forecast, shares slump

Twitter Inc reported quarterly revenue that fell short of Wall Street estimates and cut its full-year forecast because of weak demand for its new direct response advertising, sending shares down as much as 24 percent on Tuesday. Twitter forecast 2015 revenue of $2.17 billion to $2.27 billion, down from its earlier forecast of $2.3 billion to $2.35 billion

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Twitter cuts revenue forecast, shares slump

Twitter Inc reported quarterly revenue that fell short of Wall Street estimates and cut its full-year forecast because of weak demand for its new direct response advertising, sending shares down as much as 24 percent on Tuesday. Twitter forecast 2015 revenue of $2.17 billion to $2.27 billion, down from its earlier forecast of $2.3 billion to $2.35 billion.

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Selerity reveals Twitter results ahead of schedule

(Reuters) – Micro-blogging website Twitter Inc had lower-than-expected quarterly revenue, according to market data firm Selerity, which revealed the earnings numbers before the company's scheduled announcement. Twitter, which allows users to broadcast 140-character messages, had revenue of $436 million in the first quarter, according to Selerity. Excluding items, the company earned 7 cents per share, Selerity said on its Twitter page.

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Twitter launches video streaming app Periscope

(Reuters) – Twitter Inc launched a video streaming app called Periscope on Thursday, just days after reports that it had blocked a rival app called Meerkat. Meerkat relies heavily on Twitter and has become hugely popular in the month since its launch.

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Pentagon research arm says military must react faster to tech changes

By Andrea Shalal WASHINGTON (Reuters) – The famed Pentagon research arm that gave the world the Internet and the miniaturized GPS receivers used in consumer devices said on Thursday one of its key goals now is to ensure U.S. troops do not get left behind as technologies advance at a lightning pace. Arati Prabhakar, director of the Pentagon’s Defense Advanced Research Projects Agency, said easy access to once-proprietary products and the fast pace of commercial technological development threaten the U.S.

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Beijing official says Chinese have no need for blocked websites

By Ben Blanchard BEIJING (Reuters) – If Beijing is successful in its bid for the 2022 Winter Olympics then foreigners who attend will get uncensored Internet access, but this isn't an issue for Chinese who “don't like” sites like Facebook and Twitter, an official said on Wednesday.

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Moneysupermarket founder cancels 6.4 percent stake sale

The founder of British price comparison company Moneysupermarket.com, Simon Nixon, on Wednesday scrapped a plan to sell a stake of up to 6.4 percent in the company, less than a day after announcing it. A source had earlier told Reuters that Nixon was reducing offer to 4 percent of the company’s share capital — 22 million shares — from the 35 million shares previously targeted, with a price range of between 268 pence and 270 pence. News of the cancellation sent shares in Moneysupermarket down 6.3 percent to 268.5 pence by 0850 GMT.

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Delhi government asks federal ministry to block Uber, Ola apps

New Delhi authorities on Wednesday asked India's federal information technology ministry to block the taxi-hailing apps of U.S.-based Uber and its local rival Ola in the city in a bid to enforce a ban on the companies' services. India in December ordered all unregistered web-based taxi companies to halt operations until they obtain an operating license after a driver contracted with Uber was accused of rape. The ban, however, has largely been ineffective and both Ola, backed by Japan's SoftBank Corp, and Uber have continued to operate in Delhi while their license applications are pending.

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