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U.S. House committee advances ‘threat-sharing’ cybersecurity bill

WASHINGTON (Reuters) – The U.S. House of Representatives Intelligence Committee voted unanimously on Thursday to advance a long-awaited bill that would make it easier for companies to share information about cybersecurity threats with the government without the fear of...
Posted On 27 Mar 2015

Verizon’s online video service revenue may depend on ads: CFO

NEW YORK (Reuters) – Verizon Communications Inc may rely largely on advertising for revenue from its upcoming online video service, Chief Financial Officer Fran Shammo said in an interview. Source
Posted On 27 Mar 2015

Google to pay CFO Porat more than $70 million in two years

(Reuters) – Google Inc said it would pay its new Chief Financial Officer, Ruth Porat, more than $70 million in the next two years through a combination of restricted stock units and a biennial grant. Source
Posted On 27 Mar 2015

Facebook talks up need for virtual reality, big tech bets

SAN FRANCISCO (Reuters) – Virtual reality, artificial intelligence and drones will enable Facebook Inc to create a more lifelike and useful social network, the company said in its clearest explanation so far for technology projects that have puzzled some investors and...
Posted On 27 Mar 2015

GameStop profit forecast misses Street on weak demand for consoles

(Reuters) – GameStop Corp forecast a weaker-than-expected profit for the full year, as demand for the new PlayStation 4 and Xbox One consoles fail to make up for falling sales of earlier versions. Source
Posted On 27 Mar 2015

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. Source
Posted On 27 Mar 2015

New U.N. investigator to probe digital spying

GENEVA (Reuters) – The United Nations top human rights body agreed on Thursday to appoint a special investigator to probe digital spying and violations of online privacy. Source
Posted On 27 Mar 2015

Amazon in talks to buy online luxury retailer Net-a-Porter: Forbes

(Reuters) – Amazon.com is in talks to buy online luxury retailer Net-a-porter in what could be the biggest acquisition yet for the e-commerce giant, but the negotiations are in early stages and could fall apart, Forbes reported, citing a person familiar with the matter. Source
Posted On 27 Mar 2015

Accenture raises revenue growth forecast for second time

(Reuters) – Consulting and outsourcing company Accenture Plc raised its full-year revenue growth forecast for the second time as it won more business from companies looking to cut costs and improve efficiency in a tough economic environment. Source
Posted On 27 Mar 2015

The $50 device that symbolizes a shift in North Korea

SEOUL (Reuters) – A $50 portable media player is providing many North Koreans a window to the outside world despite the government’s efforts to keep its people isolated – a symbol of change in one of the world’s most repressed societies. Source
Posted On 27 Mar 2015