Expedia, Orbitz win U.S. approval to merge
By Diane Bartz WASHINGTON (Reuters) – Online travel company Expedia Inc, the world's largest online travel services company by bookings, has won U.S.
Read moreBy Diane Bartz WASHINGTON (Reuters) – Online travel company Expedia Inc, the world's largest online travel services company by bookings, has won U.S.
Read moreBy Allison Lampert MONTREAL (Reuters) – Social media claimed another victim on Wednesday in Canada’s federal election campaign as the centrist Liberal Party dumped a candidate and denounced online remarks he made that suggested the country’s national police force was the Canadian Gestapo.
Read moreBy Roberta Rampton and Lisa Lambert WASHINGTON (Reuters) – President Barack Obama on Wednesday called for an international framework to prevent the Internet from being “weaponized” as a tool of national aggression, while holding out the prospect of a forceful U.S. response to China over hacking attacks
Read moreExpedia Inc said it would buy Orbitz Worldwide for about $1.38 billion in cash, its third acquisition in four months, to take on larger rival Priceline Group Inc in a burgeoning online travel industry. Orbitz's shares shot up 20 percent to $11.63 in morning trading, short of Expedia's offer of $12 per share. Expedia's shares rose nearly 13 percent to $88.50.
Read moreBy Shadi Bushra CAIRO (Reuters) – Egypt's long-suffering drivers, worn down by decades of jams and crashes, are turning to social media to stave off a new, even more pressing threat — the traffic chaos caused by roadside bombs. “We really wish we didn't need to incorporate such a feature,” the app's co-creator Gamal ElDin Sadek told Reuters. “Eventually we categorized it under one hashtag to be better organized in warning people.” Egypt has been battling an Islamist militant insurgency that has killed hundreds of police and soldiers since then army chief Abdel Fattah al-Sisi ousted president Mohamed Mursi of the Muslim Brotherhood in July 2013 after mass protests.
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