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Internet News Headlines - Yahoo! News
  • Wall St. finally turning on Amazon as Bezos magic fades

    Amazon CEO Bezos is silhouetted during a presentation of his company's new Fire smartphone in SeattleBy Deepa Seetharaman and Ross Kerber SAN FRANCISCO/BOSTON (Reuters) - Amazon.com Inc's once fairy-tale ride on Wall Street has hit its most jarring bump yet. The company that for years enthralled investors with improbable growth and earned one of the technology sector's highest valuations drew widespread ire after a spectacular results letdown on Thursday. Amazon missed expectations across the board - on margins, on its net loss and on revenue. An unaccountably poor 7 to 18 percent revenue growth forecast for the typically strongest holiday quarter was the final straw for some. ...




  • Google's Pichai to oversee major products and services

    Pichai, Google's senior vice president of Android, Chrome and Apps, speaks about wearables during his keynote address at the Google I/O developers conference in San FranciscoBy Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc Chief Executive Officer Larry Page has put Sundar Pichai, one of his key lieutenants, in charge of the Internet company's products. The India-born executive will have oversight over products such as search, maps, Google+, commerce, advertising and infrastructure, according to a Google spokesman. Six executives who previously reported to Page, including the heads of research, social media and search, will now report to Pichai, according to Re/code, which first reported the change on Friday, citing an internal memo. ...




  • Britain's Queen Elizabeth sends her first tweet
    LONDON (Reuters) - Britain's Queen Elizabeth made her first foray into the world of social media on Friday when she sent out her inaugural message on Twitter. "It is a pleasure to open the Information Age exhibition today at the @sciencemuseum and I hope people will enjoy visiting. Elizabeth R," the 88-year-old monarch tweeted at the opening of a new gallery at London's Science Museum. The message, sent at 10.35 GMT (6.35 a.m. EDT), had already been re-tweeted more than 4,000 times less than 45 minutes later. ...

  • The Queen sends her first tweet

    Britain's Queen Elizabeth sends her first Tweet during a visit to the 'Information Age' Exhibition at the Science Museum, in LondonLONDON (Reuters) - The Queen made her first foray into the world of social media on Friday when she sent out her inaugural message on Twitter. "It is a pleasure to open the Information Age exhibition today at the @sciencemuseum and I hope people will enjoy visiting. Elizabeth R," the 88-year-old monarch tweeted at the opening of a new gallery at London's Science Museum. The message, sent at 10.35 GMT (11.35 a.m. BST) , had already been re-tweeted more than 4,000 times less than 45 minutes later. ...




  • Fewer-than-expected listeners tune in to Pandora in third quarter

    Traders work at the kiosk where Pandora internet radio is traded on the floor of the New York Stock Exchange(Reuters) - Pandora Media Inc, operator of the leading Internet radio service, reported a lower-than-expected increase in listeners in the third quarter, sending the company's shares down 8 percent in extended trading on Thursday. Pandora said it had 76.5 million active listeners as of Sept. 30, an increase of 5.2 percent from a year earlier. Analysts, on average, had expected 76.7 million, according to market research firm StreetAccount. "In an increasingly competitive environment, driving monthly active user growth will be more challenging particularly given our already significant market position," Chief Executive Brian McAndrews said on a call with analysts.




  • U.S. National Park graffiti vandal spotted through social media
    By Eric M. Johnson SEATTLE (Reuters) - The National Park Service said on Thursday it was investigating a New York artist as a suspect for graffiti vandalism in parks across the Western United States after she posted at least one picture of herself defacing a protected park on social media. One photo obtained by the blog Modern Hiker and shared with the National Park Service shows the artist putting the finishing touches on an acrylic drawing of a cigarette-smoking woman at Utah's Canyonlands National Park in June. ...

  • Options investors see good times rolling for Facebook

    Mark Zuckerberg, founder and CEO of Facebook, reacts during an address to a gathering at the Internet.org Summit in New DelhiBy Saqib Iqbal Ahmed NEW YORK (Reuters) - Facebook Inc investors used to wild swings in the company's shares following its earnings reports are looking for relative calm on Tuesday, after the social media company posts results. Facebook, whose shares rose 3 percent to a new year-high of $80.63 on Thursday, is scheduled to report third-quarter results on Oct. 28. The cost of a Facebook straddle, in which an investor buys an at-the-money put option and a similar call option, suggests a move of about 7 percent in either direction by Oct. 31. ...




  • U.S. broadcasters win preliminary injunction against Aereo

    Aereo CEO and founder Kanojia speaks at Internet Week in New YorkBy Andrew Chung NEW YORK (Reuters) - A New York federal judge on Thursday barred embattled video streaming company Aereo from transmitting the programs of television broadcasters as they are being shown, blocking its bid to operate like a traditional cable system. The ruling was another win for major broadcasters, whose copyrights the U.S Supreme Court in June said Aereo violated in retransmitting the programming to subscribers' devices via the Internet. Aereo shuttered its service three days after the high court's decision and has since been pushing the courts and regulators to see it as analogous to cable, eligible for a license under the Copyright Act. "Doing its best to turn lemons into lemonade, Aereo now seeks to capitalize on the Supreme Court's comparison of it to a (cable) system," U.S.




  • Sweden's Eniro gets respite from lenders - report
    STOCKHOLM (Reuters) - Swedish web search engine group Eniro has reached a deal with its banks giving it more time meet its debt covenants, Swedish daily Svenska Dagbladet reported on Thursday. Eniro in September cut its 2014 profit forecast for the second time in two months, after finding accounting inaccuracies which led it to ask police to investigate its former chief executive. Eniro shares were halted for trading earlier on Thursday after another media report saying negotiations between Eniro and lenders were heading for failure. ...

  • U.S. senator asks Internet providers to commit to no 'fast lanes'

    Democratic Senator Patrick Leahy of Vermont speaks to reporters in HavanaBy Alina Selyukh WASHINGTON (Reuters) - U.S. Senate Judiciary Committee Chairman Patrick Leahy on Thursday pressed large Internet providers to pledge that they will not strike deals that may help some websites load faster than others or give similar "fast lanes" to affiliated services. As regulators work on new so-called "net neutrality" rules, Leahy wrote to chiefs of AT&T Inc, Verizon Communications Inc, Time Warner Cable Inc and Charter Communications Inc. ...




  • Google bolsters artificial intelligence efforts, partners with Oxford

    Google signage seen at the company's offices in New YorkBy Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc is expanding its artificial intelligence initiative, hiring more than half a dozen leading academics and experts in the field and announcing a partnership with Oxford University to "accelerate" its efforts. Google will make a "substantial contribution" to establish a research partnership with Oxford's computer science and engineering departments, the company said on Thursday regarding its work to develop the intelligence of machines and software, often to emulate human-like intelligence. ...




  • GrubHub revenue jumps as more customers order food online

    GrubHub CEO Matt Maloney takes a "selfie" photograph before ringing the opening bell, before the company's IPO on the floor of the New York Stock Exchange in New York(Reuters) - GrubHub Inc reported a more than five-fold jump in quarterly profit as more consumers used the online food-order-and-delivery company to order meals. The company's shares rose as much as 6 percent to $39.50 in early trading on Thursday. GrubHub, which delivers everything from expensive steaks to bento boxes, receives a commission from restaurants on orders booked through its website and mobile application. Online food delivery companies have been benefiting as more people use smartphones and other devices to order online. ...




  • Canadian MPs in lockdown tweet of terror fears, toilet line ups
    By Randall Palmer and David Ljunggren OTTAWA (Reuters) - Canadian lawmakers locked down inside parliament for up to 10 hours turned to Twitter to send messages to their friends and families letting them know they were safe albeit exhausted. Politicians across the political spectrum, often at odds over serious issues, were united in their concern and dismay after a gunman launched an attack on the building. ...

  • Yelp.com owner 4th-qtr revenue forecast misses expectations
    (Reuters) - Yelp Inc, operator of consumer review website Yelp.com, forecast current-quarter revenue below analysts' average estimate, sending its shares down as much as 14 percent after the bell. The company forecast revenue of $107 million to $108 million for the fourth-quarter. Analysts on average were expecting $111.0 million, according to Thomson Reuters I/B/E/S. However, Yelp reported a better-than-expected 67.5 percent rise in third-quarter revenue as its business customers spent more on advertising. ...

  • Google launches new email service dubbed 'Inbox'

    A Google logo is seen at the garage where the company was founded on Google's 15th anniversary in Menlo Park, California(Reuters) - Google Inc launched an email service called "Inbox" on Wednesday that will better organize emails and display information such as appointments, flight bookings and package deliveries in a more user-friendly way. Google said it was sending out invitations to selected Gmail users to try out the new service. Users can also email the company at inbox@google.com to get an invitation. For now the new service is being provided alongside Gmail, which was launched in 2004. It will be available on the Web as well as on Android smartphones and iPhones. ...




  • Angie's List adds fewer members; shares plunge
    By Sai Sachin R (Reuters) - Angie's List Inc, which operates a website that allows users to review local businesses, reported a bigger-than- expected quarterly loss as it added fewer paid members. The company's shares fell as much as 20 percent, adding to their steady decline through the year. Up to Tuesday's close, they had nearly halved in value this year. The company has been losing market share and subscribers because it charges customers membership fees to access reviews and ratings on its site that Yelp Inc, TripAdvisor Inc and others provide for free. ...

  • Pope Francis plays long game to reform Catholic Church

    A gust of wind blows Pope Francis' mantle as he leaves at the end of his weekly audience in Saint Peter's Square at the VaticanVATICAN CITY (Reuters) - After winning praise around the world for his fresh and open style, the honeymoon period seems to be over for Pope Francis. A tumultuous two-week Vatican synod exposed polarization in the Catholic Church over his push to reform its traditional approach to sexual morality by becoming more welcoming to gays and easing restrictions on divorced and remarried Catholics. A Jesuit unafraid of frank debate, Francis has set off a clash of opinions not seen since the reformist Second Vatican Council of 1962-1965. ...




  • EMC to buy much of Cisco's stake in joint venture VCE
    (Reuters) - Data storage products maker EMC Corp said it will buy much of Cisco System Inc's stake in their joint venture VCE for an undisclosed sum. VCE, set up in 2009 as a one-stop shop for data centers, bundles Cisco's networking equipment and servers with EMC's storage gear and software from EMC's virtualization software unit VMware Inc. Reports of EMC and Cisco encroaching on each other's turfs had sparked speculation that the partnership was fraying. Cisco, which had a 35 percent stake in the joint venture, will retain a 10 percent stake in VCE. ...

  • Hungary plans new tax on Internet traffic, public calls for rally
    By Marton Dunai BUDAPEST (Reuters) - Hungary plans to impose a new tax on Internet data transfers, a draft 2015 tax bill submitted to parliament late on Tuesday showed, in a move that could hit Internet and telecoms providers and their customers hard. The draft tax code contains a provision for Internet providers to pay a tax of 150 forints (60 US cents) per gigabyte of data traffic, though it would also let companies offset corporate income tax against the new levy. ...

  • Hungary ruling party proposes cap on planned Internet tax: statement
    BUDAPEST (Reuters) - Hungary's ruling Fidesz party on Wednesday proposed setting a cap on a planned Internet tax that led to an outcry from the Internet and telecommunications sectors, which could face bills for hundreds of billions of forints under the original plan. "We think it is practical to introduce an upper limit in the same fashion and of the same magnitude that applied to voice-based telephony in the previous tax code," Fidesz parliament group leader Antal Rogan said in an emailed statement. Previously, private individuals' tax payments were maximized at a monthly 700 forints ($2. ...

  • New York financial regulator pushes banks to plug gaps in cybersecurity
    (Reuters) - Following the massive cyber attack on the biggest U.S. bank JPMorgan Chase & Co disclosed in August, and other financial institutions, government authorities in United States are pushing financial institutions and brokerage houses to close glaring gaps in cybersecurity. In a letter sent to many banks on Tuesday, the New York State Department of Financial Services superintendent, Benjamin Lawsky, expressed concern about the "level of insight financial institutions have into the sufficiency of cybersecurity controls of their third-party service providers. ...

  • Exclusive: Ex-spy chief's private firm ends deal with U.S. official

    Former National Security Agency Director Keith Alexander participates in a panel discussionBy Warren Strobel and Mark Hosenball WASHINGTON (Reuters) - Former National Security Agency director Keith Alexander has ended a deal with a senior U.S. intelligence official allowing the official to work part-time for his firm, an arrangement current and former officials said risked a conflict of interest. Reuters reported on Friday that the U.S. National Security Agency had launched an internal review of the arrangement between NSA Chief Technical Officer Patrick Dowd and IronNet Cybersecurity Inc, which is led by Alexander, his former boss. ...




  • Yahoo in talks to buy ad service BrightRoll: TechCrunch

    A Yahoo logo is pictured in front of a building in Rolle(Reuters) - Online search and advertising company Yahoo Inc is in talks to buy digital video advertising service provider BrightRoll for around $700 million, tech blog TechCrunch reported. Term sheets have been signed and the price, if the deal is completed, looks likely to be in the region of $700 million–$725 million, the blog reported, without citing sources. BrightRoll, which helps advertisers to publish ads on websites, mobiles and connected TVs, raised over $40 million from investors and had over $100 million in revenue in 2013, according to the report. (http://tcrn. ...




  • U.S. national security prosecutors shift focus from spies to cyber

    JP Morgan headquartersBy Aruna Viswanatha WASHINGTON (Reuters) - The U.S. Justice Department is restructuring its national security prosecution team to deal with cyber attacks and the threat of sensitive technology ending up in the wrong hands, as American business and government agencies face more intrusions. The revamp, led by Assistant Attorney General John Carlin, also marks a recognition that national security threats have broadened and become more technologically savvy since the 9/11 attacks against the United States. ...




  • Israel's ThetaRay turns to maths to detect cyber threats
    By Tova Cohen HOD HASHARON Israel (Reuters) - As businesses face a growing threat of cyber attacks, Israeli start-up ThetaRay is betting on maths to provide early detection, enabling the shutdown of systems before damage can be done. The year-old company's first investor was venture capital firm Jerusalem Venture Partners. It is now also backed by heavyweights like General Electric, which uses ThetaRay to protect critical infrastructure such as power plants, and Israel's biggest bank, Hapoalim, which deployed the technology to detect bank account anomalies. ...

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