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Facebook ‘tramples European privacy law’: Belgian watchdog

May 15, 2015 creative blistering, consent, european, former-french, illustration, install-privacy, network-or-not, news, nicolas-sarkozy, questions, sarkozy, social, state, their-consent

By Julia Fioretti BRUSSELS (Reuters) – Belgium's privacy watchdog accused Facebook on Friday of trampling on European privacy laws by tracking people online without their consent and dodging questions from national regulators. The Privacy Protection Commission (CPVP/CBPL), which is working with German, Dutch, French and Spanish counterparts, launched the blistering attack after trying to find out more about the U.S. social media giant's practices

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CITIC Securities’ teams up with China Renaissance to serve Internet firms

May 14, 2015 creative china, companies, internet, investment-bank, other-finance, own-brokerage, products-come, revenue-sources, stock-markets, strong-dollar, the-companies, while-sluggish

CITIC Securities Co Ltd, China’s biggest brokerage, will partner with boutique investment bank China Renaissance to provide M&A, restructuring and initial public offering-related services for Internet companies. Well-connected local firms like China Renaissance are seeing a boom as entrepreneur-driven private businesses, particularly in the technology sector, overtake state-owned companies to drive investment banking revenues in China.

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Wal-Mart challenges Amazon with unlimited shipping service for $50 per year

May 13, 2015 creative asylum, bangladeshis, homes-known, myanmar, offers-more, products-on-its, rain-shower, sarajevo, sawitta, sports, state-john

Wal-Mart Stores Inc is planning to test a new unlimited online shipping service this summer for $50 per year, a move that may hurt Amazon's annual $99 Prime shipping service. Wal-Mart's service, which will be by invitation only for now, will offer selected products on the company's website to customers within three days or less, company spokesman Ravi Jariwala told Reuters

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Alibaba, Wanda heads’ investment firms lead $129 mln fundraising in LeTV sports firm

May 13, 2015 creative 451-37-million, alibaba-group, ceremony-during, debut, jianlin, leshi-internet, stock-exchange, wanda, wanda-group

BEIJING/SHANGHAI (Reuters) – Wanda Group's Wang Jianlin and an investment firm founded by Alibaba Group Holding Ltd's Jack Ma took part in a 800 million yuan ($129 million) funding round for a little-known sports entertainment company backed by local tech firm LeTV. The funding, conducted in two parts, valued LeTV Sports at about 2.8 billion yuan ($451.37 million), Leshi Internet Information & Technology Corp Beijing (LeTV) said in a statement on Wednesday.

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Moroccan government sues authors of report accusing it of spying: state news agency

May 9, 2015 creative 40-page-report, action, action-follows, are-regularly, condemn-curbs, intelligence, lawsuit, map, morocco, publication, rights-groups, state, state-or-king

By Aziz El Yaakoubi RABAT (Reuters) – The Moroccan Interior Ministry has filed a lawsuit against a group behind a report that allegedly accuses the intelligence services of spying on rights activists and journalists, according to the state news agency MAP. International rights groups condemn curbs on freedom of speech and information in Morocco, where journalists and activists are regularly prosecuted under laws that criminalize defamation of the state or king. MAP did not identify the group in question, nor did it give details of the lawsuit, but the action follows the publication last week of a 40-page report on government surveillance in Morocco, compiled by the UK-based Privacy International.

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Canada police investigate possible murder-suicide after Facebook confession

May 8, 2015 creative daughter, facebook, family, from-the-shame, mounted-police, news, randy-janzen, said-on-friday, sister, wife

By Julie Gordon VANCOUVER (Reuters) – Canadian police said on Friday they are investigating several deaths in the Vancouver area that may be a murder-suicide linked to a message on Facebook in which a man appeared to confess to killing his daughter, wife and sister.

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U.S. asks China to investigate cyber attack targeting U.S. sites

May 8, 2015 creative access-content, continental, edward-snowden, file-picture, from-the-shame, hosted-outside, islamic-state, said-on-friday, said-the-united, united

By Doina Chiacu WASHINGTON (Reuters) – The United States said on Friday it has asked Beijing to investigate reports that China interfered with Internet content hosted outside the country and used it to attack U.S.

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Indian PM Modi defends ban on Delhi gang rape documentary

May 8, 2015 creative access-content, ban-obstructed, continental, daughter, free-speech, government, hosted-outside, leslee-udwin, said-on-friday, said-the-ban, united

By Nita Bhalla NEW DELHI (Thomson Reuters Foundation) – Indian Prime Minister Narendra Modi has defended his government’s decision to ban a controversial documentary film about the fatal gang rape of a woman in New Delhi, saying it was to ensure the dignity of the victim was protected. The film “India’s Daughter” – which features an interview with one of the men who raped and tortured a 23-year-old woman on a bus in December 2012 – was banned in March as his comments were considered to be derogatory towards women.

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AOL revenue beats estimates on strong ad sales

May 8, 2015 creative aol, california, charged-two, energy, from-dial-up, investigation, lawsuit, news-website, other-digital, place-video, rights-groups, such-as-adap

(Reuters) – AOL Inc reported quarterly revenue above analysts' expectations, boosted by demand for its real-time bidding platform that helps advertisers place video and display ads on other digital properties. Shares of the company, whose businesses include the Huffington Post news website and the TechCrunch blog, were up 4 percent in premarket trading on Friday. Advertising has become a major revenue stream for AOL as the company moves away from dial-up subscription service, helped by acquisition of automated advertising platforms such as Adap.tv

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Facebook’s Seattle site leader leaves company

May 7, 2015 creative been-reported, data, facebook, lease-on-space, logo-reflected, new-building, online, over-leadership, seattle, silicon-valley, wednesday

By Bill Rigby SEATTLE (Reuters) – The leader of Facebook Inc's fast-growing Seattle office left the company last month, a spokeswoman for the online social network told Reuters on Wednesday, a crucial personnel change at Facebook's largest engineering office outside of its Silicon Valley headquarters. Engineering manager Paul Carduner, who took over leadership of the Seattle office about six months ago, was in charge of more than 600 people.