NBCUniversal invests $200 million in BuzzFeed
(Reuters) – Comcast Corp's NBCUniversal said on Tuesday it had invested $200 million in online publisher BuzzFeed, the latest move by the media conglomerate to tap into a younger audience.
Read more(Reuters) – Comcast Corp's NBCUniversal said on Tuesday it had invested $200 million in online publisher BuzzFeed, the latest move by the media conglomerate to tap into a younger audience.
Read moreBy Noeleen Walder, Jonathan Stempel and Joseph Ax NEW YORK (Reuters) – A group of mainly U.S.-based stock traders and computer hackers in Ukraine made as much as $100 million in illegal profits over five years by conspiring to use information stolen from thousands of corporate press statements before their public release, U.S. authorities said on Tuesday
Read moreBy Patricia Zengerle WASHINGTON (Reuters) – The U.S.
Read moreChina's sovereign wealth fund has invested an unspecified amount in Didi Kuaidi, China's dominant ride-hailing app which is competing against U.S. firm Uber Technologies, a person with knowledge of the matter said on Tuesday. The person said China Investment Corp (CIC) was one of several investors that injected more than $2 billion in recent months into the startup, which is now valued at $15 billion.
Read more(Reuters) – A report claiming that Twitter Inc received an offer to be acquired for $31 billion attributed to Bloomberg LP is fake, Twitter and a spokesman for the news and financial data provider said on Tuesday.
Read moreApple introduced its mobile payments service to Britain on Tuesday as Barclays confirmed its participation in the U.S. tech giant's move to capitalize on the increasing number of consumers who are comfortable making tap-and-go purchases
Read moreBy Mary Wisniewski CHICAGO (Reuters) – MasterCard said on Tuesday that its credit cards can no longer be used to pay for ads on the Backpage.com website, following a request from a Chicago law enforcement official who said the site is used by sex traffickers. Cook County Sheriff Thomas Dart said that so-called “escort” ads on Backpage.com and similar sites make up the foundation of the sex trafficking industry, which preys on the young and vulnerable. “Backpage has significantly lowered the barrier to entry for would-be traffickers,” said Dart, adding he will reveal details of a larger initiative against Backpage at a news conference on Wednesday
Read moreBy Michael Roddy LONDON, (Reuters) – Wimbledon is the top grand slam championship for attracting social media-savvy tennis fans, with more followers on Facebook, Twitter and Instagram than any of the other three, a survey released on Wednesday said. The tournament’s 4.1 million followers on the social media websites put Wimbledon on top, with the French Open second on 3.7 million and the U.S.
Read moreWASHINGTON (Reuters) – The Obama administration is deeply concerned about cyber theft of commercial secrets sponsored by foreign governments and plans to take the matter up with Chinese officials at high-level talks this week, Treasury Secretary Jack Lew said on Tuesday. “We remain deeply concerned about government-sponsored cyber theft from companies and commercial sectors,” Lew said in prepared remarks at the opening of the U.S.-China Strategic and Economic Dialogue
Read moreBy David Morgan WASHINGTON (Reuters) – Amazon.com, seeking to bolster its efforts to deliver products via drone, said on Tuesday that states and local communities should not be allowed to regulate unmanned aerial systems (UAS) authorized by federal aviation regulators. “Uniform federal rules must apply,” Paul Misener, the e-commerce retailer's vice president for global public policy, said in written testimony released by a U.S. House of Representatives oversight committee ahead of a Wednesday hearing
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