Olympics-Beijing looks fair bet for 2022 Winter Games, despite lack of enthusiasm

Beijing looks like an improbable front-runner to win the right to host the 2022 Winter Olympics. With Oslo dropping out of the race last year, citing worries over costs and the lack of popular support, Beijing, which hosted the 2008 Summer Games to wide acclaim, is left facing the Kazakh city of Almaty. Almaty previously bid for the 2014 Winter Olympics, but did not make the final shortlist of three cities.

Read more

Visa joins MasterCard, AmEx in ending use for Backpage sex ads

By Mary Wisniewski CHICAGO (Reuters) – Visa Inc said on Wednesday it is joining MasterCard Inc and American Express Co in barring its credit cards from being used to pay for ads on Backpage.com following a request from a Chicago sheriff who said the site is used by sex traffickers. Cook County Sheriff Thomas Dart said that “escort” ads on Backpage.com and similar classified advertising sites make up the foundation of a sex-trafficking industry that preys on the young and vulnerable. Earlier this week, he asked both Visa and MasterCard to cut off any association with the Backpage.com “adult” section.

Read more

Wimbledon top grand slam for social media: survey

By 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 more

Obama touts overtime pay proposal as ‘fair’ on Twitter

WASHINGTON (Reuters) – President Barack Obama touted his new proposal to increase the number of workers eligible for overtime pay on Monday, saying on Twitter “a hard day's work deserves a fair day's pay.” The Department of Labor proposal would make nearly 5 million more workers eligible for overtime pay, a move that could face legal challenges. (Reporting By Julia Edwards; Editing by Bill Trott)

Read more

Amazon launches one-hour delivery service in London

(Reuters) – Amazon.com Inc launched its one-hour order delivery service, Prime Now, for some areas of London on Tuesday, about six months after introducing the service in the United States. Amazon Prime members can have orders worth 20 pounds ($31.43) or more delivered in one hour for a fee of 6.99 pounds, the company said on its UK website on Tuesday.

Read more

Yahoo’s Alex Stamos says to join Facebook as chief security officer

(Reuters) – Yahoo Inc's Alex Stamos will join Facebook Inc as chief security officer from Monday, he said in a Facebook post on Wednesday. Stamos, who joined Yahoo as chief information security officer last year, also updated his profiles on Twitter and LinkedIn

Read more

Facebook allows users to sign up for Messenger without account

By Yasmeen Abutaleb SAN FRANCISCO (Reuters) – Facebook Inc has enabled users without an account to sign up for its Messenger app with a phone number, the social media company said on Wednesday, in another move to broaden the app's reach and make it a standalone platform. Earlier this year, Facebook opened up Messenger to developers, and Chief Executive Officer Mark Zuckerberg said he wanted to connect users directly with retailers, restaurants and other businesses. With the latest update, users will be prompted by an option that says “Not on Facebook?” when they open the app

Read more

EU quizzes e-retailers on sanctions against cross-border online sales

By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators have asked e-commerce retailers to spell out the kind of sanctions imposed on them for going against digital content companies’ orders to restrict cross-border online sales, as part of a broad probe to root out anti-competitive online practices. The European Commission, which launched the investigation last month, is looking to overhaul the 28-country bloc’s digital market to boost growth and innovation and catch up with the United States and Asia.

Read more

HBO offers premiere episodes of two series on Facebook

(Reuters) – Television network HBO said it would offer the premiere episodes of two new comedy series on Facebook, underlining the growing popularity of the social networking site as a video platform. With about 1.44 billion monthly active users, Facebook has become a sough-after outlet for companies looking to market their products via online videos, the fastest growing category of Internet ads

Read more