first-reported Archives

Amazon in talks to buy online luxury retailer Net-a-Porter: Forbes

March 27, 2015 admin amazon, colorado, first-reported, industry-trade, luxury-retailer, negotiations, net-a-porter, new-commitment, strong-presence, valuation, women

(Reuters) – Amazon.com is in talks to buy online luxury retailer Net-a-porter in what could be the biggest acquisition yet for the e-commerce giant, but the negotiations are in early stages and could fall apart, Forbes reported, citing a person familiar with the matter. The potential deal, first reported by Women's Wear Daily, could value Net-a-Porter lower than the valuation of 2 billion euros ($2.16 billion) reported by the fashion industry trade journal, Forbes reported on Thursday, citing the person. Seattle-based Amazon has long eyed the high-end fashion retail sector and any deal for Net-a-Porter would mean a new commitment in an area where the company lacks a strong presence, Forbes said.

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Twitter launches video streaming app Periscope

March 26, 2015 admin amazon, become-hugely, first-reported, meerkat-meerkat, negotiations, periscope, picture-shows, relies-heavily, silicon-valley, sound-ventures, strong-presence, twitter, valuation, video-streaming

(Reuters) – Twitter Inc launched a video streaming app called Periscope on Thursday, just days after reports that it had blocked a rival app called Meerkat. Meerkat relies heavily on Twitter and has become hugely popular in the month since its launch.

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Pentagon research arm says military must react faster to tech changes

March 26, 2015 admin arati-prabhakar, first-reported, house-armed, receivers-used, research-arm, silicon-valley, told-the-house, twitter, video-streaming

By Andrea Shalal WASHINGTON (Reuters) – The famed Pentagon research arm that gave the world the Internet and the miniaturized GPS receivers used in consumer devices said on Thursday one of its key goals now is to ensure U.S. troops do not get left behind as technologies advance at a lightning pace. Arati Prabhakar, director of the Pentagon’s Defense Advanced Research Projects Agency, said easy access to once-proprietary products and the fast pace of commercial technological development threaten the U.S.