Electronic Arts Inc raised its sales forecast for its highly anticipated videogame “Star Wars: Battlefront” as the company looks to tap into the loyal fan base of the iconic movie franchise. The company said it expected to sell 13 million copies of the videogame in its 2016 fiscal year, up from its previous forecast of 9-10 million units. The game is slated to launch globally on Nov
Read moreExpedia Inc on Thursday posted a rise in third-quarter profit that beat analysts’ estimates and said it now expects its takeover of Orbitz Worldwide Inc to yield greater benefits than previously anticipated. On an adjusted basis, it earned $276 million, or $2.07 per share, compared to the average analyst estimate of $265 million, or $2.02 per share, according to Thomson Reuters I/B/E/S. The stock surged 7.6 percent in after-market trade
Read more(Reuters) – LinkedIn Corp reported higher-than-expected quarterly revenue and profit as it earned more from its recruitment services business and benefited from the acquisition of training video company lynda.com. Shares of LinkedIn, the operator of the biggest social networking site for professionals, rose about 10 percent in extended trading on Thursday. Revenue in the company's Talents Solutions business, which connects recruiters with job candidates, rose 46 percent to $502 million in the third quarter.
Read more(Reuters) – Walt Disney Co's sports network ESPN said it will not make its content available on YouTube, due to the recently announced ad-free subscription-based offering coined YouTube Red.
Read moreFormer Microsoft Corp Chief Executive Steve Ballmer has taken a 4 percent stake in Twitter Inc , according to his spokesman, making him the third-biggest individual shareholder in the social media company. Ballmer's stake is worth more than $800 million based on Twitter's $21 billion market value
Read moreBy Julia Fioretti LONDON (Reuters) – Companies could face action from European privacy regulators if the European Commission and United States do not come up with a new system enabling them to shuffle data across the Atlantic in three months, the regulators said on Friday. The highest EU court last week struck down a system known as Safe Harbour used by over 4,000 firms to transfer personal data to the United States, leaving companies without alternatives scrambling to put new legal measures in place to ensure everyday business could continue
Read more(Reuters) – The Kardashian family on Friday paused social media postings across their commercial sites while ex basketball star Lamar Odom – Khloe Kardashian's estranged husband – fights for his life in a Las Vegas hospital. Khloe, sister Kim and half-sister Kylie Jenner said they had stopped publishing content to their various popular mobile apps and their official websites. “As a family, we've decided to hold off on publishing content across our apps while we continue to support and pray for Lamar,” read a statement on a black background posted on all of their sites
Read moreU.S. firm Uber Technologies Inc [UBER.UL] and Chinese rival Didi Kuaidi are taking steps to operate legally in China, a key market for both firms but where their car hailing services currently operate in a regulatory prey zone
Read moreBy Alex Dobuzinskis LOS ANGELES (Reuters) – Los Angeles airport police used Facebook to track down an Afghan immigrant couple who accidentally left their wedding album at the international terminal last year, leading to a ceremonial presentation this week of the long-lost memento, an official said on Friday. The couple landed at Los Angeles International Airport in September 2014 from Afghanistan, where the husband was a military interpreter and faced threats due to his work, said Rob Pedregon, a spokesman for Los Angeles Airport Police. On the day the couple flew into the airport, their wedding album was discovered tucked into a briefcase left in the international terminal, Pedregon said.
Read moreBy Yasmeen Abutaleb SAN FRANCISCO (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg and his wife, Priscilla Chan, are expecting a baby girl, he said on his Facebook page on Friday. Zuckerberg, 31, did not say when their daughter is due but said the pregnancy was far enough along that the risk of miscarriage was low.
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