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Internet News Headlines - Yahoo! News
  • SurveyMonkey CEO, husband of Facebook's Sandberg, dies

    File photo of SurveyMonkey CEO Goldberg speaks at Reuters Global Technology Summit in San FranciscoSurveyMonkey CEO and husband of Facebook Chief Operating Officer Sheryl Sandberg, Dave Goldberg, died unexpectedly on Friday night, his brother wrote in a Facebook post on Saturday. "It’s with incredible shock and sadness that I’m letting our friends and family know that my amazing brother, Dave Goldberg, beloved husband of Sheryl Sandberg, father of two wonderful children, and son of Paula Goldberg, passed away suddenly last night," Robert Goldberg wrote.




  • U.S. telecom groups, AT&T seek to block new Internet rules

    An AT&T logo and communication equipment is shown on a building in Los AngelesBy Alina Selyukh WASHINGTON (Reuters) - U.S. telecom industry groups, alongside AT&T Inc and CenturyLink Inc, called for regulators to block parts of new rules for Internet service providers on Friday, citing "crushing" compliance costs and threats to investment. In a filing with the Federal Communications Commission, the industry did not ask for a suspension of the principal "net neutrality" rules that ban Internet providers from blocking and slowing down web traffic or from striking deals with content companies for smoother downloads. Instead, the groups and companies sought to block the agency's move to reclassify broadband Internet as a more heavily regulated telecommunications service and a new broad general conduct standard that prohibits Internet providers from "unreasonably interefering" with consumers' access to the web. The request, expected to be rejected by the FCC, is a prelude to a building court battle over the rules, which put the agency under public scrutiny last year as it weighed, once again, how best to regulate Internet service providers.




  • LinkedIn follows Twitter, shocks social media investors

    The logo for LinkedIn Corporation, a social networking networking website for people in professional occupations, is shown in Mountain ViewShares of LinkedIn Corp, operator of the most popular social network for professionals, fell 20 percent in early trading on Friday, wiping out more than $6 billion of market value, after the company slashed its full-year forecast. LinkedIn reported on Thursday its slowest quarterly revenue growth since it went public four years ago. The surprisingly weak results followed Twitter Inc's on Tuesday. Twitter's stock fell by as much as 24 percent, slicing about $6 billion off its market value.




  • Music streaming service Grooveshark shuts down to settle infringement
    Online music streaming service Grooveshark, admitting "very serious mistakes," shut down its operations as part of a settlement with major record labels, joining the ranks of several now-defunct peers sued over copyright infringement. In a message posted to its website on Thursday, Grooveshark said that "despite (the) best of intentions, we made very serious mistakes. We failed to secure licenses from rights holders for the vast amount of music on the service." The settlement ends a four-year legal battle and came as Grooveshark's parent company, Escape Media Group, was facing hundreds of millions of dollars in damages in a trial set to begin in federal court in Manhattan on May 4. Grooveshark will wipe clean all of the record companies' copyrighted works and hand over ownership of its website, mobile apps and intellectual property, including patents and copyrights, the company said.

  • Quake-hit Nepalis need information, not just food and water
    By Nita Bhalla NEW DELHI (Thomson Reuters Foundation) - There is probably no other place in the world right now where information - from the fate of your family members to where to get food and water - is more desperately needed than in the Nepal, devastated by a powerful earthquake six days ago. The 7.8 magnitude quake brought down thousands of buildings in the densely-populated Kathmandu Valley, which includes the capital, severely damaged telecommunications, tore apart roads and snapped bridges. Survival in a crisis is often based on the person's ability to connect and share information - to call for help and find comfort from others facing the same challenges, say experts in disaster communication. As relief materials such dry food rations, blankets and tarpaulin sheets flood into Nepal, disaster specialists stress that information as a form of aid must not be overlooked.

  • No meetings at tourist hotspots, China reminds officials
    China's top graft buster took the unusual step on Friday of plastering its website with pictures of 21 top Chinese tourist sites where officials are banned from holding meetings, a reminder of its crackdown on extravagance and corruption. As the country marked the Labour Day holiday, the party's Central Commission for Discipline Inspection's normally quite staid website posted pictures of the 21 no-go zones under the caption: "Though these sites are good, just don't meet there!" The sites include the Badaling sector of the Great Wall outside of Beijing, the old summer residence of the Qing emperors at Chengde and the beach resort of Sanya, which China likes to style its answer to Hawaii or Bali. Since President Xi Jinping's appointment in 2013, the government has cracked down on official corruption and extravagance in China, where the flaunting of personal and often illicit wealth and wasteful public spending has led to widespread criticism of the ruling Communist Party.

  • Rocket-backed Foodpanda raises $100 million in round led by Goldman
    Foodpanda, an online takeaway delivery service backed by tech investor Rocket Internet, said on Friday it had received $100 million in a financing round led by a Goldman Sachs hedge fund. Goldman Sachs Investment Partners will take a seat on Foodpanda's advisory board. Existing investors including Rocket also took part in the round. Foodpanda is part of the Global Online Takeaway Delivery group created earlier this year by Rocket, which said in March it had increased its position in Foodpanda to take a majority stake of 52 percent in the company.

  • China blames hacking attack for recent Internet problems

    To match analysis CHINA-INTERNET/A hacking attack using malware from overseas servers was to blame for Internet problems in China earlier this week that prevented users accessing a number of popular foreign websites, an official state-run newspaper said on Friday. The English-language China Daily, citing the National Computer Network Emergency Response Technical Team Coordination Centre, an agency that monitors China's Internet safety, said the redirection happened because some servers in China were "contaminated" by malware from overseas servers.




  • Expedia shares soar on strong bookings despite strong U.S. dollar
    Expedia Inc on Thursday reported first-quarter profit that exceeded analysts' expectations as it earned more money from travel bookings in and outside the United States, despite foreign currencies falling relative to the U.S. dollar. The online travel services company, the world's second-largest after Priceline Group Inc, posted a 19 percent rise in travel sales, or bookings, over the year-ago period. Expedia earned $44.1 million last quarter, or 34 cents per share. Analysts had estimated, on average, earnings of 9 cents per share, according to Thomson Reuters I/B/E/S. Its stock rose 4 percent in after-market trading.

  • LinkedIn slashes full-year profit forecast

    The logo for LinkedIn Corporation, a social networking networking website for people in professional occupations, is shown in Mountain ViewLinkedIn Corp slashed its full-year profit forecast, citing slower revenue growth at its hiring business and a delay in recognizing the contribution of lynda.com, the online education company it has agreed to buy. Shares of LinkedIn fell as much as 27 percent after the bell on Thursday. The company expects revenue contribution from Lynda to be delayed as it works its way to complete the integration. Chief Financial Officer Steve Sordello said he expected revenue contribution from the acquisition to "normalize" in the second half of 2016.




  • California ACLU group launches app to record possible police misconduct
    By Alex Dobuzinskis LOS ANGELES (Reuters) - A California civil liberties group launched a mobile application on Thursday that will let bystanders record cell phone videos of possible cases of police misconduct and then quickly save the footage to the organization's computer servers. The California chapter of the American Civil Liberties Union said the app will send the video to the organization and preserve it even if a phone is seized by police or destroyed. The launch of the ACLU's "Mobile Justice CA" app comes as law enforcement agencies face scrutiny over the use of lethal force, especially against African-Americans, following several high-profile deaths of unarmed black men in encounters with police over the last year in the United States. "It's critical that people understand what is being done by police officers, because what is being done is being done in the name of the public," said Hector Villagra, executive director of the ACLU of Southern California.

  • Expedia Inc maintains 2015 earnings guidance: CFO
    (Reuters) - Online travel services company Expedia Inc on Thursday affirmed earlier guidance for 2015 earnings but said it expects fierce competition for travel bookings in China to continue to produce quarterly losses for its subsidiary brand eLong Inc. Expedia Inc expects 2015 adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to grow between 10 and 15 percent compared to last year, when excluding eLong. However, sales in foreign currencies, which have fallen relative to the U.S. ...

  • FireEye raises revenue forecast as demand for cybersecurity rises

    FireEye logo is seen outside the company's offices in Milpitas, CaliforniaCybersecurity company FireEye Inc raised its full-year revenue forecast as governments and businesses increase spending to protect their networks from sophisticated cyber attacks. Shares of FireEye, which also reported better-than-expected quarterly revenue, rose 1.7 percent in extended trading on Thursday. Recent high-profile cyber attacks, such as those on Anthem Inc and Sony Corp, have forced companies and governments to beef up their online security. "The marketplace for cybersecurity is white hot, the needs for our FireEye and Mandiant solutions are white hot," Chief Executive David DeWalt told Reuters.




  • U.S. firms lead EU lobbying league

    A logo is pictured at Google's European Engineering Center in ZurichBy Alastair Macdonald BRUSSELS (Reuters) - U.S. companies, including tech rivals Microsoft and Google , were among leading spenders on corporate lobbying in Brussels last year, a Reuters review of new data showed (table below). Companies had until Thursday to update public entries in the European Union's newly revamped Transparency Register following a tightening of rules in January that obliges firms to register if they want to meet EU commissioners and senior staff. Oil majors Exxon Mobil of the United States and Anglo-Dutch Shell shared the top spot with Microsoft, with reported spending in their last financial years of between 4.5 and 4.5 million euros ($5.0-5.6 million). Those figures were broadly in line with the trio's spending in previous filings recorded in January by researchers at anti-corruption group Transparency International -- the Commission itself does not provide comparative data with previous years.




  • Singer Jessie J upsets fans in Twitter cull

    Jessie J arrives at the 57th annual Grammy Awards in Los AngelesBritish pop singer Jessie J has upset her fans after she "unfollowed" hundreds of people on Twitter. At the start of the month, the "Price Tag" singer was following 885 people on the micro-blogging site, where pop stars often have huge followings.




  • Israeli military worries over troops' use of social media
    By Dan Williams JERUSALEM (Reuters) - Israel's armed forces see a growing threat in instant messaging applications -- both to battlefield secrecy and to the privacy of women soldiers. "First of all, it's not under my aegis," she said.

  • China search giant Baidu posts slowest revenue growth since 2008

    Baidu's company logo is seen at its headquarters in BeijingBy Paul Carsten BEIJING (Reuters) - China's dominant Internet search engine Baidu Inc on Thursday posted its slowest revenue growth rate in almost seven years in the first quarter of 2015, as customers spent less money on its core online marketing business. The company's bid to create new avenues of income from mobile in China, the world's biggest smartphone market, also took their toll. Baidu's profit margins sank to their lowest in a decade, or 19 percent, as promotional costs for new businesses and research and development expenses skyrocketed. Baidu is still grappling with the effects of a shift from personal computers to mobile, where it made half of its revenues.




  • Twitter pins ad revenue hopes on new partnership, acquisition

    The Twitter logo is shown at its corporate headquarters in San FranciscoBy Yasmeen Abutaleb NEW YORK (Reuters) - Twitter Inc's efforts to reassure disaffected ad buyers may hinge on the success of two deals that were announced along with its bleak forecast on Tuesday, advertisers and analysts said. Twitter was forced to cut prices for its new "direct response" ads, Chief Executive Officer Dick Costolo said on Tuesday after a the company issued a revenue warning for the year. Twitter shares fell 8.9 percent on Wednesday after dropping as much as 24 percent on Tuesday. As a result, Twitter cut ad rates, impacting quarterly revenue by $4 million to $5 million, Costolo said.




  • Tencent pushes further in U.S. gaming with Glu Mobile stake buy

    Visitors use phones underneath of logo of Tencent at Global Mobile Internet Conference in BeijingTencent Holdings Ltd , the dominant social networking and online entertainment company in China, has agreed to buy 14.6 percent of mobile game developer Glu Mobile Inc for $126 million to expand in the U.S. gaming market. Shares of Glu Mobile, which developed Deer Hunter and Kim Kardashian: Hollywood games, rose about 24 percent in extended trading on Wednesday. Tencent, known for investing in game developers through partnerships and minority stakes, owns League of Legends developer Riot Games and has a stake in Activision Blizzard Inc , the owner of the Call of Duty franchise. Glu Mobile reported a better-than-expected profit for the eighth straight quarter on Wednesday, helped by strong demand for games such as Racing Rivals, Deer Hunter 2014 and Contract Killer: Sniper.




  • Microsoft targets $20 billion in annual cloud revenue by 2018

    Microsoft CEO Satya Nadella delivers his keynote address at Microsoft Build in San FranciscoMicrosoft Corp is targeting $20 billion in annual revenue from its cloud-computing businesses by the end of fiscal 2018, Chief Executive Satya Nadella said on Wednesday, signaling a tripling of such revenue in three years. Microsoft said last week that its total commercial cloud revenue, which includes online versions of its Office and Dynamics applications, is running at $6.3 billion per year.




  • Microsoft opens door to Android, Apple phone apps

    Microsoft CEO Satya Nadella delivers his keynote address at Microsoft Build in San FranciscoBy Bill Rigby SAN FRANCISCO (Reuters) - Microsoft Corp is making it easier for apps written for rival Google Inc's Android and Apple Inc's iOS systems to work on Windows phones, in a bid to attract users to its unpopular mobile devices, the company's operating systems chief said on Wednesday. The move marks a radical shift in strategy for the world's biggest software company, which still dominates the personal computer market but has failed to get any real traction on tablets and phones, partly because of a lack of apps. Microsoft has found itself in a circular trap, as many developers will not build apps for Windows phones which have few users, and few people want the phones which have fewer apps than Android or Apple phones. Getting apps built for Android and iOS onto its phones and tablets could be a shortcut to breaking out of that trap.




  • Yelp forecasts revenue below estimates, shares tumble

    An employee works in the Yelp Inc. offices in Chicago(Reuters) - Yelp Inc, the operator of consumer review website Yelp.com, forecast second-quarter revenue below analysts' expectations, sending its shares down about 15 percent in extended trading. The company also reported on Wednesday first-quarter revenue below the average analyst estimate as it added fewer-than-expected local advertising accounts. Yelp's local advertising accounts rose about 43 percent to 90,200 in the first quarter. Yelp's website and mobile app allow users to rate a variety of businesses, including restaurants, on a scale of five.




  • Russia abandons supply mission to International Space Station

    A general view shows a building of Russian Federal Space Agency in BaikonurBy Jack Stubbs MOSCOW (Reuters) - Russia has abandoned a 2.6 billion ruble ($51 million) mission to supply the International Space Station, the head of the Roscosmos space agency said on Wednesday, the latest setback for the country's beleaguered space program. The unmanned Progress M-27M cargo ship, carrying almost 3 tonnes (2,722 kg) of supplies, was unable to dock with the International Space Station (ISS) because of problems after it launched from the Baikonur Cosmodrome in Kazakhstan early on Tuesday, said Roscosmos head Igor Komarov. "Because of this, the craft's continued flight and its docking with the ISS is not possible," he told a news conference. Space exploration is a subject of national pride in Russia, rooted in the Cold War "space race" with the United States, but the collapse of the Soviet Union starved the space program of funds and it has been beset by problems in recent years.




  • U.S. Senator Rand Paul moves to block new 'net neutrality' rules

    Republican U.S. Presidential candidate and Senator of Kentucky Rand Paul speaks to supporters during a campaign event at the National Society for Hebrew Day Schools in the Brooklyn borough of New YorkU.S. Senator Rand Paul, a Republican presidential hopeful, on Wednesday introduced a resolution to block new regulations on Internet service providers, saying they would "wrap the Internet in red tape." The "net neutrality" rules, which are slated to take effect in June, are backed by the Obama administration and were passed by the Democratic majority of the Federal Communications Commission in February. Paul's resolution, if adopted, would allow the Senate to fast-track a vote to establish that Congress disapproves of the FCC's new rules and moves to nullify them. The move marks the most proactive position yet by Paul, a libertarian from Kentucky, on net neutrality, the principle that Internet providers should treat all Web traffic equally.




  • Nasdaq acknowledges releasing Twitter results early
    (Reuters) - Nasdaq acknowledged on Wednesday that its shareholder.com website had revealed Twitter Inc's disappointing results about one hour ahead of the scheduled time on Tuesday. The micro-blogging company's shares fell sharply after key numbers from the earnings announcement were tweeted by market data firm Selerity at about 3:07 p.m. ET. Nasdaq halted trading in the stock 20 minutes later. Selerity said it had found the release on Twitter's investor relations website, which is managed by Nasdaq.

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