• UPDATE 2-Egyptian tycoon to buy MTS fiber network in new Canada push

  Fri May 24, 2013 5:08pm EDT * MTS to sell Allstream business for C$520 mln * MTS shares jump more than 5 percent in Toronto * Deal could result in MTS becoming takeover target By Alastair Sharp and Euan Rocha TORONTO, May 24 (Reuters) - Manitoba Telecom Services Inc will sell its Allstream fiber optic network to a company controlled by telecom tycoon Naguib Sawiris for C$520 million (US$503 ...

• UPDATE 1-U.S. Justice Department defends journalist email search

  Fri May 24, 2013 4:48pm EDT (Adds background and details in paragraphs 3-8) WASHINGTON May 24 (Reuters) - The U.S. Justice Department said on Friday that senior officials including Attorney General Eric Holder vetted a decision to search an email account belonging to a Fox News reporter whose story on North Korea prompted a leak investigation. In a statement emailed to Reuters, the department ...

• CORRECTED-Tiger Global invests $50 million in Automattics WordPress.com

  Fri May 24, 2013 4:31pm EDT (Corrects to "automattic" from "wordpress" in second paragraph. Corrects spelling of name to Mullenweg from Mullen in seventh paragraph) By Sarah McBride SAN FRANCISCO May 24 (Reuters) - Automattic, the company that operates blogging service WordPress.com, announced a $50 million investment from hedge fund Tiger Global on Friday. The investment comes ...

• Pac-Mania alive and well

  (Credit: Getty Images) We missed the official anniversary by a couple of days -- mark the calendar for May 22 -- but let's not close the week without taking a moment to mark Pac-Man's remarkable status as a cultural icon. In the 33 years since the game's creator, Toru Iwatani, saw his invention make it into the market for the first time, Pac-Man has become a reference point ...

• Secret Twitter garden reveals itself when you tweet

  (Credit: University of Lincoln) It's always good to stop and smell the roses, but sometimes you have to tweet to access them. At least that's how it works with an interactive Internet-connected garden created by the ...

• Yahoo said to press play on Hulu bid

  AllThingsD . Yahoo joins others such as Directv, Time Warner Cable, and The Chernin Group in making a play for Hulu, which is jointly owned by Walt Disney, News Corp., and Comcast. Guggenheim Digital, headed by former interim Yahoo CEO Ross Levinsohn, is also in the mix. The Internet titan's interest in Hulu closely follows ...

• Ad of the Day Dodge

  It's the rare commercial that you wish went on longer. But such is the case with this 30-second Dodge Charger spot advertising the Chrysler brand's tie-in with the groundbreaking TV show/video game ...

• Deals of the day -- mergers and acquisitions

  Fri May 24, 2013 4:07pm EDT May 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: ** Yahoo Inc has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp and Walt Disney Co, two sources with knowledge of the bid told Reuters on ...

• UPDATE 1-Yahoo joins growing list of bidders for Hulu -sources

  Fri May 24, 2013 4:05pm EDT By Ronald Grover and Greg Roumeliotis LOS ANGELES/NEW YORK May 24 (Reuters) - Yahoo Inc has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp and Walt Disney Co, two sources with knowledge of the bid told Reuters on Friday. Yahoo just this week announced a $1.1 billion acquisition of blogging service ...

• Broadcasters take aim at Aereokiller with D.C. lawsuit

  In a move that may lead to a Supreme Court showdown, several television broadcasters filed suit against Alki Davids Aereokiller in a Washington, D.C., federal court on Thursday. Brought by ABC, Fox, NBC, Telemundo and Allbritton Communications, which owns ABCs TV station in the capital, the copyright infringement lawsuit argues that the digital distribution services tiny antennas retransmit ...

• Unhappy with how your fave series is faring Amazon gives you a say

  SAN FRANCISCO (Reuters) - Amazon is once again shaking up traditional publishing models. This time, it's giving fans a chance to add their own personal touches to their favorite fiction - and get paid in the ...

• Fitch Releases New U.S. Telecom Cable Dashboard

  Macao Banks' Rapid China Growth Alters Risk Profiles Macao banks could see their risk profiles weaken as their exposure to China continues to climb.Fitch Ratingsexpects credit growth to accelerate to 30% in 2013 from 26% in 2012, primarily led by China-related trade financing. Generally Chinese exposures are driven by parent referrals and associated risk is adequately mitigated with ...

• Android 4.3 pops up in the wild after skipping Google IO

  Android 4.3 is forthcoming soon has been leaking out slowly. Now, the first photos of the next sweet iteration of the mobile OS running on a device have been spotted. It looks to be a new flavor of Jelly Bean rather than the whole slice of Key Lime Pie. Photos that appear to show ...

• Sling Belkin settle patent dispute over place-shifting tech

  Sling in January accused Belkin and another rival, Monsoon, of infringing on patents used in its Slingbox device that lets users watch and control their home TV from ...

• Google eyes Waze as Facebook circles hot Web maps property

  Fri May 24, 2013 2:18pm ...

• JCPenney One of 10 Brands Predicted to Die in Next Year

  As new brands are brought to life in the evolution of various verticals, others will inevitably give up the ghost. While obsolesence related to industrial shifts is the No. 1 killer of outdated concepts or companies, other factors may guide the executioner's hand, including failure to innovate, cash flow issues and heavy ...

• Look out Google Amazons eyeing your turf

  (Credit: Joe Klamar/AFP/GettyImages) Visit Amazon.com and you'll find a bevy of recommendations to fill your digital shopping cart: books similar to what you've read on your Kindle or clothes and gadgets based on what else you've looked at. Now Amazon is tinkering with ad technology that would flash ads for you even when you're not on Amazon sites. And those ads might ...

• ITV News Twitter account hacked by Syrian Electronic Army

  LONDON (Reuters) - Broadcaster ITV on Friday became the latest media outlet to have one of its Twitter feeds hacked by anonymous supporters of Syria's President Bashar al-Assad, just days after Twitter beefed up security to prevent ...

• Facebook brand design lead departs for startup

  Paul Adams/Facebook ) Paul Adams, Facebook's global head of brand design, announced Friday that he has left the social network to join startup Intercom, which makes a social customer relationship management ...

• Digg Reader officially named on track for June launch

  Digg's long-awaited Google Reader alternative finally has a name. The new platform will be known as Digg Reader, said CEO Andrew McLaughlin while speaking at Internet Week New York earlier this week. Rather than act as a separate app, the program will be incorporated into Digg. "Users will have one download, which is Digg, and the current Digg will have added onto it reader ...

• RPT-UPDATE 2-News Corps publishing business to initiate stock buyback

  Fri May 24, 2013 12:16pm EDT By Jennifer Saba May 24 (Reuters) - News Corp set the distribution ratios for the spinoff of its publishing business, which may start buying back stock right away. The board of the publishing business, which will retain the News Corp name, authorized a $500 million stock repurchase program, the company said on Friday. The stock repurchase may shed light for analysts ...

• TV Broadcasters Launch Aereokiller Lawsuit in Washington

  Hollywood Docket: Digital Music Class Action; Aereokiller Settlement; Snoop Lion Lawsuit On Thursday night, Fox, NBCU, Disney/ABC, Allbritton Communications and Telemundo filed a copyright infringement lawsuit ...

• Television wins new respect from movie elite at Cannes festival

  Fri May 24, 2013 10:08am EDT * Television cited as leading the way in filmmaking * Steven Soderbergh among directors gravitating towards TV * Online delivery giving audiences more choice By Belinda Goldsmith CANNES, May 24 (Reuters) - Actors and directors gathered for the world's leading movie showcase in Cannes this week said television was increasingly luring top talent and should no ...

• Flickrs revamped site hit by performance problems

  (Credit: Screenshot by Lance Whitney/CNET) Flickr is having performance issues just a few days after a major site revamp. Some users have been unable to access the site at all, while others have run into delays logging in or launching certain pages. Certain tasks, such as logging into my Flickr account and accessing my Photostream page, each took several minutes to complete. The ...

• CANADA STOCKS-TSX may open lower on fears of less Fed stimulus

  May 24 (Reuters) - Canada's main stock index looked set to open lower on Friday as better-than-expected German economic data was overshadowed by fears that the U.S. Federal Reserve is considering an early decrease of its $85 billion monetary ...

• EU mergers and takeovers May 24

  BRUSSELS | Fri May 24, 2013 8:10am EDT BRUSSELS May 24 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Finnish paper producer Ahlstrom to merge with a unit of Swedish company Munksjo, which is partly owned by private equity fund EQT (approved May ...

• COLUMN-Three reasons why the golden age of dividends is dawning

  Fri May 24, 2013 7:59am EDT By John Wasik CHICAGO May 24(Reuters) - The golden days of summer might also brighten the portfolios of dividend lovers. With most large corporations swimming in cash as the economy and earnings improve, adopting a dividend-centric strategy looks even more promising for moderate-risk investors. Dividends, the portion of earnings that corporations pass along to ...

• How Amazon will use ad savvy to outflank Google Walmart

  The online retail giant is methodically developing an advertising network, serving up ads on its sites and others. It could use that revenue to keep prices down and pressure high on retail ...

• Dish and nTelos to jointly develop broadband service

  Fri May 24, 2013 7:53am EDT May 24 (Reuters) - Satellite TV provider Dish Network Corp and wireless network provider nTelos Holdings Corp said they would jointly develop a broadband service within nTelos's coverage territory serving parts of Virginia, Maryland and a few other states. Dish has been trying to diversify beyond its core pay-TV business that has matured and faces tough ...

• The Guardian to Consolidate Web Properties Under One Domain

  "This may be a small URL change but it marks a big step for the Guardian and reflects our evolution from a much-respected national print newspaper based only in the UK-reaching hundreds of thousands people once a day-to a leading global news and media brand, with offices around the world, and an ever-growing worldwide audience accessing Guardian journalism every minute of every day," ...

• Hong Kong shares slide to 4-week low on China growth concerns

  Fri May 24, 2013 5:09am EDT * HSI -0.2 pct, H-shares -0.2 pct, CSI300 +0.6 pct * Hong Kong shares extended losses to lowest in almost a month * China shares posted fourth-straight weekly gain * China property weak on fears of China's slowdown By Yimou Lee HONG KONG, May 24 (Reuters) - Hong Kong shares extended losses to fall to their lowest in almost a month on Friday with the property ...

• UPDATE 1-Russias top social network blacklisted by regulator

  Fri May 24, 2013 2:20am EDT * Top online social network put on black list * Network has been used to organise anti-Putin rallies MOSCOW May 24 (Reuters) - Russia's top online social network was banned on Friday from distributing content across the country, raising concerns of a clampdown on a forum used by President Vladimir Putin's opponents to organise protests. The ban on VKontakte ...

• UPDATE 2-Russias leading social network banned by mistake

  Fri May 24, 2013 6:34am EDT * VKontakte is Europe's largest home-grown network * Founder has left the country * Pressure follows investment by Kremlin-linked fund By Douglas Busvine MOSCOW, May 24 (Reuters) - Russia's leading online social network was briefly banned on Friday, in a move dismissed as a "mistake" but which follows intensifying official pressure on the company as ...

• Dwell Media Hires New Head of Digital from Yahoo

  Dwell Media, the San Francisco based publisher of modern design bible Dwell, has hired Brandon Huff as its new evp of digital media to lead a new e-commerce push. Huff, who most recently was Yahoo's vp of commerce, will be in charge of overseeing all aspects of Dwell's digital agenda, from content distribution to design to the holy grail of magazine ...

• Rapture-Palooza Star Anna Kendrick Is Addicted to Reddit

  Reddit . I spend a lot of time there, probably more than I should, but it’s definitely one of the first things that I check in the morning. That’s how I found out about the theater shooting in Aurora because someone who worked there had posted about it. It’s amazing-that site gets information faster than ...

• Google mapping Waze takeover says report

  Google is considering a bid for the mobile mapping and navigation company, Bloomberg reports. Could this be a play to keep Facebook out of its ...

• UPDATE 1-Google like Facebook in talks to buy Waze for $1 bln-report

  Thu May 23, 2013 9:44pm EDT * Waze seeks more than $1 bln, multiple parties interested-Bloomberg * Maps and navigation services a key asset for tech firms * Apple not part of discussions - Bloomberg May 23 (Reuters) - Google Inc is considering buying Israeli mobile satellite navigation start-up Waze Inc, which may lead to a bidding war with Facebook Inc, Bloomberg news reported, citing people ...

• Hulu buyout heats up with four reported bidders

  (Credit: Hulu) Those companies looking to get a piece of the Hulu pie had until this week to put in their first round of bids for the video streaming service. And, it appears that so far four companies have gone in for a slice. Former News Corp president Peter Chernin, private equity fund Guggenheim Digital Media (which is headed the former interim Yahoo CEO by Ross Levinsohn), satellite ...

• UPDATE 2-Google faces new federal antitrust probe -source

  Thu May 23, 2013 8:53pm EDT * Regulators in early stages of probe on how Google handles some ad sales -source * Inquiry focuses on tools acquired with purchase of DoubleClick -source WASHINGTON May 23 (Reuters) - U.S. regulators are in the early stages of an antitrust probe into whether Google Inc , the top player in Web display advertising, breaks antitrust law in how it handles some ...

• Two-factor authentication What you need to know

  Twitter just got it. Apple recently got it, too. Google, Microsoft, Facebook, and Amazon have had it for a while. But why's two-factor authentication important, and will it keep you ...

• Hulu video site auction attracts four bidders sources

  Time Warner Cable Inc also put in bids, one of the people told Reuters. Hulu was put on the auction block this year for the second time after disagreement between ...

• UPDATE 3-Salesforce.coms quarterly results disappoint Wall Street

  Thu May 23, 2013 7:31pm EDT By Noel Randewich May 23 (Reuters) - Salesforce.com Inc's quarterly earnings and outlook disappointed investors as costs rise following a spree of acquisitions, sending its shares lower. Under Marc Benioff, Salesforce's CEO and founder, the company's fast revenue growth has made it a favorite with investors eager to own part of the growing trend among ...

• UPDATE 1-Judge says leaning toward U.S. in Apple e-books case

  Thu May 23, 2013 6:59pm EDT By Nate Raymond NEW YORK May 23 (Reuters) - In an unusual move before a trial, a federal judge expressed a tentative view that the U.S. Justice Department will be able to show evidence that Apple Inc engaged in a conspiracy with publishers to increase e-book prices. U.S. District Judge Denise Cote, who is set to oversee a trial on June 3, gave her view during a ...

• Dish adds Scotiabank to finance Sprint deal -sources

  By Nicola Leske Thu May 23, 2013 6:57pm EDT May 23 (Reuters) - Dish Network Corp has added Canada's Scotiabank to the four banks it had already lined up to finance its $25.5 billion bid for Sprint Nextel Corp, according to two people familiar with the matter. Reuters reported on May 15 that Dish was working with Barclays Plc, Macquarie Group, Jefferies and the Royal Bank of Canada to help ...

• UPDATE 1-ITC says Microsoft did not violate Google patent

  Thu May 23, 2013 6:37pm EDT WASHINGTON May 23 (Reuters) - Microsoft Corp won a round in a complex patent war on Thursday when the International Trade Commission said the company's popular Xbox entertainment system did not violate a patent owned by Google subsidiary Motorola Mobility. If the ITC had found that Microsoft infringed, it could have barred the Xbox from being imported into the ...

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