MTV goes looking for likes with its latest revamp

By Marie-Louise Gumuchian LONDON (Reuters) – MTV, the channel that revolutionized the music industry by playing artists’ videos on rotation, is reinventing itself again, opening up to its social-media-savvy audience by putting their videos on air. By using the hashtag #MTVBump, viewers can see their content from social media sites Instagram or Vine within two hours of its being posted, during the channel’s break windows.

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Thailand to teach journalists how to ask inoffensive questions

Thai Prime Minister Prayuth Chan-ocha said on Thursday he was not afraid of the press, days before the government is to hold a meeting to teach journalists how to ask questions that won't offend him. Gaffe-prone Prayuth has had a love-hate relationship with the media during the year since he seized power, at one point saying he would probably “just execute” journalists that “did not report the truth”.

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U.S. airs deep concerns over cyber security in China meetings

By Jason Lange and David Brunnstrom WASHINGTON (Reuters) – The United States said on Tuesday that cyber theft sponsored by the Chinese government was a major problem and stressed the need to keep Asian sea lanes open as the world's two biggest economies held annual talks aimed at maintaining working relations in spite of rising tensions. At the wide-ranging Strategic and Economic Dialogue in Washington, both sides expressed a desire for constructive relations, with China saying the two countries could manage differences and should avoid confrontation.

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China’s Zhang hopes U.S. removes barriers to investment

The United States should remove barriers to Chinese investment for national security reasons, said Zhang Xiangchen, a deputy trade minister at the Ministry of Commerce. Zhang said the world’s two largest economies are committed to further improve market access to each others’ investors as part of talks on a Bilateral Investment Treaty (BIT), though both economies have further to go.

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Obama administration to press China on cyber theft: Lew

WASHINGTON (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

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Chinese government deals help nurse Alibaba’s bottom dog cloud business

By Paul Carsten and John Ruwitch SHANGHAI/BEIJING (Reuters) – E-commerce giant Alibaba Group Holding Ltd is an underdog in the global cloud computing industry, but it has one thing going for it: it's Chinese. Alibaba this week scored a minor deal with China's northeastern port city of Dalian to build a cloud computing center and provide online government services such as bill payment

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Traders bet on Twitter near-term gains as takeover chatter persists

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Dick Costolo's decision to step down as Twitter Inc's chief executive last week failed to stem the weeks-long slide in the company's shares, but options traders appear to be betting on a near-term rebound. The stock has shed more than a third of its value since Twitter reported first-quarter results in April

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Netflix in talks with Jack Ma-backed Wasu to enter China: Bloomberg

(Reuters) – Video streaming company Netflix Inc is in talks with Jack Ma-backed Wasu Media Holding Co and other potential partners to enter China's booming online video market, Bloomberg reported, citing people familiar with the matter. Netflix is seeking a partner that has licenses for content on all devices, including mobile phones, computers and set-top boxes, the report said.

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

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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