By Jussi Rosendahl HELSINKI (Reuters) – Finnish mobile game maker Supercell tripled sales and doubled core profit last year on the back of hit titles Clash of Clans, Hay Day and Boom Beach, the company said on Tuesday. Chief Executive Ilkka Paananen said in the statement that the rapid growth was thanks to users’ increased play of the company’s existing games, which it updates regularly with extended story lines and features
Read moreThe founder of financial services price comparison firm Moneysupermarket.com intends to sell up to 6.4 percent of the company’s issued share capital, reducing his stake to about 10 percent.
Read moreBy Teppei Kasai TOKYO (Reuters) – Japanese online retailer Rakuten Inc is buying U.S. eBook company OverDrive Inc for about $410 million, deepening its push into the U.S.
Read moreBy Eveline Danubrata and Charlotte Greenfield JAKARTA (Reuters) – Indonesian conglomerate Lippo Group plans to launch payment, chat and other online services early next year as it continues expanding in the nascent e-commerce industry of the world’s fourth-most populous country, a senior executive told Reuters.
Read moreUber Technologies Inc is reviewing its ride sharing service in the southern Japanese city of Fukuoka after the transport ministry said it had banned the pilot project, citing potential legal concerns.
Read moreThe Italian government approved a plan on Tuesday to bring its high-speed broadband network into line with European Union targets, but it held back from forcing operators to replace their copper-wire networks with fiber-optic cable. Italy faces growing pressure to strengthen its telecommunications infrastructure and digital sector to help improve the performance of an economy that has been in virtual stagnation for two decades. “We are creating a plan to give our country the digital infrastructure, the digital highways like any other European country,” Industry Minister Federica Guidi told reporters.
Read moreBy Leila Abboud and Alina Selyukh BARCELONA/WASHINGTON (Reuters) – New rules to tighten regulation of U.S. broadband providers are not too invasive and are needed to defend consumers’ interests and openness on the internet, the chairman of the U.S
Read moreBy Teppei Kasai TOKYO (Reuters) – A Japanese Internet activist and academic is challenging a new state secrets law by setting up a website aimed at making it easier for government officials to leak sensitive information to the media without getting caught. The website, unveiled on Friday, uses an open source platform called GlobaLeaks developed by the Europe-based Hermes Center for Transparency and Digital Human Rights, said Masayuki Hatta, an economics lecturer at Surugadai University. …
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