chief-executive Archives - Page 2 of 6

South Africa’s Naspers to sell Czech online business for $201 mln

October 26, 2015 admin accusations, chief-executive, its-holdings, martin-shkreli, naspers, netretail, romania, rudest, said-on-monday, shares-plunged, time-selling, valeant, viewers-were

South African media firm Naspers will sell its holdings in two Czech online businesses for $201 million after failing to merge it with a Romanian internet retailer, the company said on Monday. Naspers, which started as an Afrikaans language newspaper publisher a century ago, said the disposal of online retailer Netretail and price comparison platform Heureka was part of a plan to optimise its group structure. After different strategies prevented Naspers from merging Netretail with Romania’s eMag, both of which it bought in 2012, the company said it decided to focus on eMag as its preferred e-tail platform in the region.

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Alphabet, Microsoft, Amazon give Wall Street reason to cheer

October 23, 2015 creative across-the-tech, amazon, chief-executive, microsoft-corp, newly-elected, photo, playa, president, relies-on-sales, search-traffic, sports-network, tech, united, word

Google parent Alphabet Inc , Microsoft Corp and Amazon.com Inc made headway in the latest quarter in the areas that will be their main engines of growth for years to come, driving up shares across the tech sector on Friday. For Alphabet, search traffic on mobiles surpassed desktop traffic worldwide for the first time, while Amazon was able to boost margins, an area of concern, as its cloud business boomed

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Myanmar’s reformist law used to stifle dissent

October 23, 2015 publisher across-the-tech, chief-executive, country, facebook, laws-drafted, microsoft-corp, military-rule, myanmar, photo, picture-showing, relies-on-sales, the-country, united, word

By Timothy Mclaughlin YANGON (Reuters) – Last week’s arrest of an NGO worker in Myanmar for a Facebook post is raising fears that legislation drawn up as part of the country’s economic and democratic liberalization are being used to stifle dissent in ways reminiscent of laws drafted by the former military junta. Myanmar only began to regain its freedoms of expression from 2011 after 49 years of military rule, and critics fear the arrest of Patrick Kum Jaa Lee for commenting on a picture showing a foot standing on a photo of commander-in-chief Min Aung Hlaing is a worrying backward step.

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Twitter’s Dorsey says to give a third of his stock to employee equity pool

October 23, 2015 admin annual, chief-executive, dorsey, editing, employee, leslie-adler, media, people, rishika-sadam, the-annual, the-employee, twitter, valley

(Reuters) – Twitter Inc Chief Executive Jack Dorsey said he is giving a third of his stock in the company, about 1 percent, to the employee equity pool. This move is to “reinvest directly in our people,” Dorsey, who was named as the company's permanent CEO earlier this month, said in a tweet on Thursday. Twitter could not be reached immediately for a comment outside regular business hours.

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Cyber security bill advances in Senate

October 22, 2015 publisher both-parties, business-groups, chief-executive, cybersecurity, government, leslie-adler, measure, paris, protect-user, sharing, the-government, white

By Patricia Zengerle WASHINGTON (Reuters) – A long-delayed bill that would make it easier for corporations to share information about cyber attacks with each other or the government without fear of lawsuits advanced in the U.S. Senate on Thursday with support from members of both parties and the White House. Dozens of industry and business groups, including the U.S.

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Steve Ballmer takes 4 percent stake in Twitter, owns more than CEO

October 16, 2015 admin after-being, angeles, billion-market, chief-executive, his-spokesman, microsoft, news-conference, percent-stake, prince, prince-alwaleed, social, spokesman, staples, staples-center, steve-ballmer

Former 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

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EU privacy regulators give EU, U.S. three months to find new data pact

October 16, 2015 admin angeles, billion-market, chief-executive, data-protection, ensure-everyday, european, personal-data, prince, social, staples-center, steve-ballmer, the-regulators, united

By 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

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Google book-scanning project legal, says U.S. appeals court

October 16, 2015 publisher authors, authors-guild, chief-executive, circuit-court, ensure-everyday, global, global-mobile, massive-effort, prince, public-service, staples-center, steve-ballmer, united

By Joseph Ax NEW YORK (Reuters) – A U.S. appeals court ruled on Friday that Google's massive effort to scan millions of books for an online library does not violate copyright law, rejecting claims from a group of authors that the project illegally deprives them of revenue

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Twitter likely to name Dorsey permanent CEO: Re/code

September 30, 2015 admin are-evidence, chief-executive, code-reported, dorsey, internet, online-payment, san, securities, social-media, technology-news, the-annual, the-first, valley, wisconsin, yards

Twitter Inc co-founder and interim Chief Executive Jack Dorsey is expected to be named permanent CEO as early as Thursday, while keeping his job as the head of online payment service Square, technology news website Re/code reported, citing sources.

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Jay Z’s Tidal to celebrate 1 million subscribers with mega concert

September 30, 2015 admin beyonce, chief-executive, code-reported, internet, music-service, nicki-minaj, one-million, online-payment, six-months, the-annual, will-headline, yards

Jay Z's global streaming music service Tidal on Wednesday announced a super star charity concert in New York to celebrate reaching one million subscribers, six months after it launched. Jay Z, his wife Beyonce, Prince, Usher, and Nicki Minaj will headline the Oct. 20 concert in Brooklyn, with tickets going on sale on Wednesday, firstly to Tidal subscribers