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Internet News Headlines - Yahoo! News
  • Australian extradited to U.S. in Silk Road online drugs bazaar case
    By Byron Kaye SYDNEY (Reuters) - Australia has extradited a man to the United States to face trial for alleged involvement in Silk Road, a website where people bought illegal drugs like heroin using digital currency bitcoin, a government official said on Thursday. Peter Phillip Nash, 41, from Queensland, and two other men were charged with conspiracy to engage in narcotics trafficking, computer hacking and money laundering in relation to the website in December. ...

  • Sequoia leads $6 million investment in Singaporean mobile marketplace app
    SINGAPORE (Reuters) - Sequoia Capital has led a $6 million investment in Singapore's Carousell, a mobile marketplace app, the firms said on Thursday, highlighting growing investor interest in mobile-based services in the region. The other investors in the current round of funding include Rakuten Ventures, the venture capital fund of Japanese e-commerce company Rakuten Inc, and Golden Gate Ventures. Carousell allows sellers to list an item for sale by taking a photo. Buyers can purchase items by chatting with sellers via an in-built private chat messenger. ...

  • Goldman leads group investing in South Korean online food service
    HONG KONG (Reuters) - Goldman Sachs Group Inc.'s private equity arm led a group of investors putting 40 billion won ($36.1 million) in South Korea's largest online and mobile food ordering service, as more consumers take to ordering meals from their phones. The investment in Woowa Brothers Corp, which owns the Baedal Minjok service, will help the company expand internationally and develop new technology, Goldman said in a statement. Woowa last month started a joint venture with chat app company Line Corp to launch a food delivery service in Japan. ...

  • One Direction makes Billboard history, knocks Swift from No. 1

    One Direction poses with their awards during the 42nd American Music Awards in Los AngelesBy Piya Sinha-Roy LOS ANGELES (Reuters) - British boy band One Direction became the only group to score four consecutive No. 1 debuts on the U.S. Billboard 200 album chart on Wednesday, ousting Taylor Swift from her chart-topping reign. One Direction's latest album, "Four", sold 387,000 copies in its first week, according to figures compiled by Nielsen SoundScan. It follows the band's three previous albums, 2011's "Up All Night," 2012's "Take Me Home" and 2013's "Midnight Memories," all of which opened at No. 1 on the Billboard chart. ...

  • Online grocers come up trumps in India's e-commerce boom

    An employee reads an order list at a Big Basket warehouse on the outskirts of MumbaiBy Nivedita Bhattacharjee MUMBAI (Reuters) - Put off by snarled city traffic and a shortage of parking, more Indians are shopping for groceries online, helping e-tailers like and turn in profits while supermarkets are struggling. The online grocers benefit from low overheads, as they store goods in warehouses outside big cities where commercial rents are sky-high. Some like Bigbasket. ...

  • Uber CEO must turn over emails in gratuity lawsuit, U.S. judge rules

    Kalanick arrives at the Time 100 gala celebrating the magazine's naming of the 100 most influential people in the world for the past year, in New YorkBy Dan Levine OAKLAND, Calif. (Reuters) - Uber Chief Executive Travis Kalanick must disclose some of his emails to plaintiff lawyers in a lawsuit accusing the car service of misleading customers about how it shares gratuities with drivers, a U.S. judge said on Wednesday. An Uber customer filed a proposed class action lawsuit against the company earlier this year, saying an advertised 20 percent gratuity is "false, misleading, and likely to deceive members of the public" because Uber keeps a substantial portion of the money. ...

  • Icelandic hacker says guilty of stealing money from Wikileaks

    Logo of the Wikileaks website is pictured on a smartphone in TokyoREYKJAVIK (Reuters) - An Icelandic computer hacker and former associate of Wikileaks founder Julian Assange unexpectedly pleaded guilty on Wednesday to embezzling 30 million Icelandic crowns ($240,000) from the organization. Sigurdur Thordar­s­son's courtroom plea is the latest twist in the saga of Wikileaks, which released thousands of secret U.S. embassy cables in 2010 and 2011, deeply embarrassing Washington. Known as 'Siggi the Hacker', Thordar­s­son has previously said that he turned an informant for the U.S. ...

  • Behind Google's Europe woes, American accents

    People pose with laptops in front of projection of Google logo in this picture illustration taken in ZenicaBy Foo Yun Chee BRUSSELS (Reuters) - When EU politicians call for the break-up of Google, it can sound like sour grapes, the anti-American backlash of an aging Europe envious, and fearful, of the wealth and growing power of young U.S. tech giants. Indeed, to many in Brussels it is Google's fellow Americans - such as Microsoft, Expedia and TripAdvisor - whose complaints and big-money lobbying have driven a four-year-old investigation by the powerful European Commission into whether Google abuses its dominance of Internet searches to push favored Web sites.

  • AT&T says fiber spending pause affects only new commitments

    An AT&T logo and communication equipment is shown on a building in Los AngelesWASHINGTON (Reuters) - AT&T Inc sought to clarify to U.S. regulators its plans to pause investments in high-speed Internet connections until "net neutrality" rules are settled, saying in a letter on Wednesday that the plans related to new and not existing commitments. The Federal Communications Commission earlier this month pressed the company to explain its plans to stop investing in high-speed Internet connections in 100 cities until the agency sorts out new "net neutrality" rules for how Internet service providers manage web traffic on their networks. ...

  • EU watchdogs to apply 'right to be forgotten' rule on Web worldwide

    A Google search page is seen through the spectacles of a computer user in LeicesterBy Julia Fioretti BRUSSELS (Reuters) - European privacy regulators want Internet search engines such as Google and Microsoft's Bing to scrub results globally, not just in Europe, when people invoke their "right to be forgotten" as ruled by an EU court. The European Union's privacy watchdogs agreed on a set of guidelines on Wednesday to help them implement a ruling from Europe's supreme court that gives people the right to ask search engines to remove personal information that is "inadequate, irrelevant or no longer relevant". ...

  • UK terrorism watchdog criticises new security proposals

    An armed police officer stands outside the Houses of Parliament, central LondonLONDON (Reuters) - Britain's terrorism watchdog has criticised the government's proposed new security laws, describing some of the measures as an "announcement waiting for a policy". A bill introduced by Home Secretary Theresa May on Wednesday is designed to crack down on Britons wanting to travel to Syria and Iraq to fight, and to prevent veterans of those conflicts from returning unless they agree to comply with the authorities under Temporary Exclusion Orders. ...

  • UK terrorism watchdog criticizes new security proposals

    An armed police officer stands outside the Houses of Parliament, central LondonLONDON (Reuters) - Britain's terrorism watchdog has criticized the government's proposed new security laws, describing some of the measures as an "announcement waiting for a policy". A bill introduced by Home Secretary Theresa May on Wednesday is designed to crack down on Britons wanting to travel to Syria and Iraq to fight, and to prevent veterans of those conflicts from returning unless they agree to comply with the authorities under Temporary Exclusion Orders. ...

  • Baghdad red tape puts Iraq Internet under Kurdish control

    Iraqi Shi'ite youths use computers at an internet cafe in Sadr City in BaghdadBy Matt Smith DUBAI (Reuters) - Iraq's reliance on Kurdistan for Internet connectivity due to Baghdad bureaucracy has put the northern autonomous region in control of three-quarters of Iraqi networks. This runs contrary to what Baghdad had sought from state control of fixed infrastructure within its jurisdiction, and the situation has spooked private investors and neutered Internet development outside Kurdistan, which sets its own rules. Iraq bars private companies from owning fixed networks transiting domestic data and anything they build is usually seized by the government. Just 9. ...

  • Twitter in talks to buy Bieber-backed selfie app Shots: CNBC

    The Twitter logo is pictured at its headquarters on Market Street in San Francisco(Reuters) - Twitter Inc is in talks to buy Shots, a selfie photo-sharing app, CNBC reported, citing a source close to the Justin Bieber-backed company. The microblogging website is particularly interested in the app's more than 3 million users, nearly two-thirds of whom are women under 24, CNBC said. ( A Twitter spokesperson said the company does not comment on rumor and speculation. Shots could not be reached immediately for comment. (This version of the story was refiled to fix media coding.) (Reporting by Abhirup Roy in Bangalore; Editing by Savio D'Souza)

  • Sony Pictures computer system down after reported hack

    Illustration file picture shows a man typing on a computer keyboard in Warsaw(Reuters) - Sony Pictures Entertainment said its computer system was down for a second day on Tuesday, following media reports of a major hacking attack aimed at the film and television studio. Before Sony Pictures' computers went dark on Monday, the screens displayed an image of a red skeleton with the phrase "Hacked By #GOP," according to the Los Angeles Times. The hackers warned the unit of Sony Corp that they had obtained "secrets" that they would leak on the Web, the newspaper reported. "We've already warned you, and this is just a beginning. ...

  • Facebook video draws Thanksgiving ads from Macy's, others

    A smartphone user shows the Facebook application on his phone in Zenica, in this photo illustrationBy Jennifer Saba NEW YORK (Reuters) - Macy's Inc, which traditionally kicks off the U.S. holiday shopping season with a nationally televised parade in Manhattan, also will join a handful of other companies this year parading their ads on Facebook's fledgling video feeds. As the social media platform slowly rolls out its premium video offerings to advertisers, Macy's will launch its online video ads Thursday evening. ...

  • Israel's SimilarWeb raises $15 million, eyes faster global expansion
    JERUSALEM (Reuters) - Israeli start-up SimilarWeb said on Tuesday it raised $15 million in a funding round aimed at increasing the pace of its global expansion. SimilarWeb measures computer usage into the mobile Internet realm and the apps where users spend the overwhelming bulk of their time on smartphones. The company has raised $40 million since 2009 and its latest round was co-led by existing shareholders Naspers and Lord David Alliance. ...

  • At China online coming-out party, Beijing spells out Internet control ambition

    Qualcomm Chairman and CEO Jacobs sits next to Alibaba Group Executive Chairman Ma during a meeting at the World Internet Conference (WIC) in Wuzhen townBy Paul Carsten WUZHEN, China (Reuters) - China showed governments and the planet's biggest tech firms last week its vision for global Internet governance - clean, controlled and choreographed. Public officials and firms worth $2.5 trillion in market value, from Apple Inc to Facebook Inc, got first-hand exposure in the postcard-perfect town of Wuzhen as China showcased its first 'World Internet Conference' (WIC). ...

  • EU digital tsar warns monopolists; Google foes play down call for break-up

    A Google search page is reflected in sunglasses in this photo illustration taken in BrusselsBy Alastair Macdonald and Foo Yun Chee BRUSSELS (Reuters) - The European Union's top official for digital markets said on Monday he was concerned that big tech companies may be abusing dominant positions, but he also said investigations into Google must not be rushed. As sponsors of a European Parliament motion seeking action to rein in Google played down suggestions the U.S. Internet search firm should be broken up, European Commission Vice President Andrus Ansip told Reuters that he suspected some major companies were abusing their power in the digital market. ...

  • Digital tsar urges Europe not to weaken net neutrality rules

    Ansip speaks during his hearing before the EU Parliament's Committee on the Internal Market and Consumer Protection in BrusselsBy Julia Fioretti and Alastair Macdonald BRUSSELS (Reuters) - The European Union's new digital tsar voiced alarm on Monday at the efforts of some EU governments to water down equal Internet access, just as EU plans for "net neutrality" were being echoed in the United States by Barack Obama. ...

  • European Parliament may propose Google break-up in draft resolution

    People pose with laptops in front of projection of Google logo in this picture illustration taken in Zenica(Reuters) - The European Parliament is preparing a non-binding resolution that proposes splitting Google Inc's search engine operations in Europe from the rest of its business as one possible option to rein in the Internet company’s dominance in the search market.

  • Any new U.S. Internet rules must withstand lawsuits: FCC chief

    Wheeler testifies before a House Energy and Commerce Communications and Technology Subcommittee hearing on oversight of the FCC on Capitol Hill in WashingtonBy Marina Lopes WASHINGTON (Reuters) - U.S. regulators expect Internet service providers to sue the government over any changes in the way they are regulated and must reevaluate any proposals to make sure they stand up in court, Federal Communications Commission Chairman Tom Wheeler said at a meeting on Friday. Last week U.S. President Barack Obama said Internet service providers should be regulated more like public utilities to make sure they grant equal access to all content providers. ...

  • European Parliament proposing Internet search-service unbundling
    SAN FRANCISCO (Reuters) - The European Parliament is preparing to call for the separation of search engines from other commercial services to ensure a level playing field for the Internet industry, according to a draft motion seen by Reuters on Friday, presenting a threat to leading search engine Google Inc. The draft motion does not mention any specific search engines, though Google is by far the dominant search provider in Europe. Earlier on Friday, the Financial Times cited a draft motion as calling for a break-up of Google. ...

  • Amazon plans ad-supported video streaming service: NY post

    A zoomed illustration image of a man looking at a computer monitor showing the logo of Amazon is seen in Vienna(Reuters) - Online retailer Inc will release a new ad-supported video streaming service early next year, the New York Post reported, citing sources. The service will be separate from the company's $99-a-year Prime membership, which includes a video service, the Post reported. The Post did not say if the new service would be free or chargeable. Amazon's Prime service costs $99 a year. Amazon was not immediately available for comment. The new service will compete directly with Hulu and Netflix Inc, whose charges start at $7.99 a month for customers in the United States. ...

  • NSA chief warns Chinese cyber attacks could shut U.S. infrastructure

    National Security Agency (NSA) Director Michael Rogers testifies before a House (Select) Intelligence Committee hearingBy Patricia Zengerle WASHINGTON (Reuters) - China and "probably one or two" other countries have the ability to invade and possibly shut down computer systems of U.S. power utilities, aviation networks and financial companies, Admiral Mike Rogers, the director of the U.S. National Security Agency, said on Thursday. Testifying to the House of Representatives Intelligence Committee on cyber threats, Rogers said digital attackers have been able to penetrate such systems and perform "reconnaissance" missions to determine how the networks are put together. ...


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