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Tencent on global path as it surpasses Facebook in valuation

Tue, 21 Nov 2017 03:47:52 -0500

HONG KONG (Reuters) - China's biggest social network and gaming firm Tencent Holdings, which last week reported forecast-beating quarterly results, is close to making Malaysia the first foreign country to roll out its WeChat ecosystem, an executive told Reuters.(image)

Saudi agency says country targeted in cyber spying campaign

Mon, 20 Nov 2017 13:12:11 -0500

LONDON/RIYADH (Reuters) - Saudi Arabian security officials said on Monday that the country had been targeted as part of a wide-ranging cyber espionage campaign observed since February against five Middle East nations as well as several countries outside the region.(image)

Fork talk lifts bitcoin to all-time high near $8,000

Fri, 17 Nov 2017 14:32:42 -0500

LONDON (Reuters) - Bitcoin hit an all-time high just below $8,000 on Friday, on talk that a software upgrade whose suspension sent the cryptocurrency into a tailspin at the end of last week was, after all, going ahead within hours.(image)

Verizon close to announcing digital streaming deal with NFL: Bloomberg

Fri, 17 Nov 2017 20:30:25 -0500

(Reuters) - Verizon Communications Inc, no. 1 U.S. wireless carrier, is close to a new deal with the National Football League for digital streaming rights, Bloomberg reported, citing people familiar with the matter.(image)

Wireless carriers on mute as Supreme Court hears big privacy case

Fri, 17 Nov 2017 07:12:35 -0500

WASHINGTON (Reuters) - The U.S. Supreme Court is set to consider a major cellphone privacy case later this month, but leading players in the wireless industry that is at the center of the closely watched dispute are keeping their distance.(image)

Spotify buys online recording studio Soundtrap

Fri, 17 Nov 2017 08:58:15 -0500

STOCKHOLM (Reuters) - Music streaming company Spotify has bought online music and audio recording studio Soundtrap, it said on Friday, declining to give financial details of the deal.(image)

Momentum builds in U.S. for disclaimers on internet election ads

Thu, 16 Nov 2017 17:33:24 -0500

(Reuters) - U.S. regulators on Thursday kicked off a process that could result in mandatory disclaimers on election ads that appear on social media, a reaction to anonymous, Russia-linked ads on sites such as Facebook ahead of the 2016 U.S. elections.(image)

China cyber watchdog rejects censorship critics, says internet must be 'orderly'

Thu, 16 Nov 2017 08:32:57 -0500

BEIJING (Reuters) - China's top cyber authority on Thursday rejected a recent report ranking it last out of 65 countries for press freedom, saying the internet must be "orderly" and the international community should join it in addressing fake news and other cyber issues.(image)

Amazon serves up tennis to its UK Prime members with ATP deal

Thu, 16 Nov 2017 19:08:34 -0500

LONDON (Reuters) - will exclusively stream 37 top men's tennis tournaments from 2019 to its Amazon Prime Video subscribers in Britain and Ireland after it won the ATP broadcast rights from pay-TV group Sky.(image)

U.S. regulator votes to loosen media ownership rules

Thu, 16 Nov 2017 17:33:02 -0500

WASHINGTON (Reuters) - The U.S. Federal Communications Commission on Thursday voted to remove key roadblocks to increased consolidation among media companies, potentially unleashing new deals among TV, radio and newspaper owners as they seek to better compete with online media.(image)