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  • Discovery Channel founder starts nonfiction streaming video service

    Reuters - Wed, Mar 18, 2015

    Discovery Channel founder John Hendricks on Wednesday launched a subscription streaming service for fans of science, technology and history, with the goal of dominating the nonfiction category in on-demand, online video. Hendricks said the ad-free service CuriosityStream fulfilled his long-held desire to deliver programming that people can watch whenever they want. He hopes it will become viewers' third or fourth online video subscription after choices like Netflix Inc and Hulu. To pursue the project, Hendricks retired in 2014 from Discovery Communications Inc, which operates the Discovery Channel and other networks that are sold in bundles through cable television operators. More »Discovery Channel founder starts nonfiction streaming video service

  • German court bans Uber's unlicensed taxi services

    Reuters - Wed, Mar 18, 2015

    By Eric Auchard and Christoph Steitz FRANKFURT (Reuters) - A German court on Wednesday banned Uber from running services using unlicensed cab drivers and set stiff fines for any violations of local transport laws by the pioneering online taxi firm. Uber, worth an estimated $40 billion making it the world's most valuable venture-backed start-up, has set out to revolutionise local transport services worldwide, from taxis to carpools to fast-food delivery. Born out of the frustration of two Silicon Valley entreprenuers trying to catch a cab in Paris, Uber's popular mobile phone taxi-hailing services have mushroomed since being launched in 2010 and are offered in nearly 270 cities worldwide. Dieter Schlenker, chairman of the Taxi Deutschland cooperative, said the ruling would protect taxi drivers from competition from unlicensed part-time drivers used by Uber. More »German court bans Uber's unlicensed taxi services

  • Streaming TV services: What you get, what it costs

    Associated Press - Wed, Mar 18, 2015

    NEW YORK (AP) — Sony jumped into the pay-television business Wednesday with an online package of more than 50 channels starting at $50 a month. It's the most complete of the Internet-only offerings, but also the most expensive. More »Streaming TV services: What you get, what it costs

  • U.S. vows to keep pressing China on bank cybersecurity rules

    Reuters - Wed, Mar 18, 2015

    Washington will keep pressing China to pause new bank cybersecurity rules that have upset U.S. companies and is working with Japan and the European Union to present a united front, a senior U.S. official said on Wednesday. Deputy Trade Representative Robert Holleyman said he raised the new rules, which would force technology vendors to Chinese banks to hand over secret source code and adopt Chinese encryption algorithms, with Chinese officials during a visit last week. "There are a lot of angles that are being used here and we're going to keep pursuing it at the highest levels until we get a satisfactory resolution." Chinese banks had until Sunday to submit plans for how to comply with new regulations. More »U.S. vows to keep pressing China on bank cybersecurity rules

  • Review: Can you really save money by cutting the cord?

    Associated Press - Wed, Mar 18, 2015

    NEW YORK (AP) — There are more ways to watch television online than ever. Even HBO and ESPN — two channels often cited as reasons people keep expensive cable or satellite TV packages — will be available for streaming on their own. All these offerings make it possible to drop your pay-TV service without giving up favorite shows. More »Review: Can you really save money by cutting the cord?

  • German court bans Uber's ridesharing service

    Associated Press - Wed, Mar 18, 2015

    BERLIN (AP) — A German court banned Uber from offering its ridesharing service nationwide on Wednesday, adding to the company's troubles in Europe. More »German court bans Uber's ridesharing service

  • Sony's PlayStation Vue online TV service launches at $50 a month

    Reuters - Wed, Mar 18, 2015

    By Malathi Nayak NEW YORK (Reuters) - Sony Corp on Wednesday launched its PlayStation Vue Web video service in three cities, targeting customers looking for cheaper alternatives to cable with packages starting at $50. The Web and cloud-based television service, which allows users to access live TV and on-demand video, has been in test mode since November. Sony joins several new competitors in online video services with one of the largest packages of channels. Vue will be available initially on PlayStation 4 and PlayStation 3 video game consoles in New York, Chicago and Philadelphia starting Wednesday, then expand to other cities and for iPad users shortly. More »Sony's PlayStation Vue online TV service launches at $50 a month

  • FBI probes possible China military link in cyber attack - FT

    Reuters - Wed, Mar 18, 2015

    The FBI is looking into whether the Chinese military was involved in a cyber attack on Register.com, a unit of Web.com, the Financial Times reported Wednesday, citing sources familiar with the probe. A Federal Bureau of Investigation spokesperson said she was not familiar with the probe and that the agency does not comment on such matters. According to the Financial Times, hackers apparently have had access to Register.com's network for about a year, but the attack did not disrupt or result in theft of client data. It was not clear what the Chinese military would be looking for or what it would gain from Register.com's data. More »FBI probes possible China military link in cyber attack - FT

  • Tencent looks to Facebook for inspiration as revenue growth declines

    Reuters - Wed, Mar 18, 2015

    By Yimou Lee and Paul Carsten HONG KONG/BEIJING (Reuters) - Tencent Holdings Ltd, China's biggest social network and online media firm, is taking inspiration from Facebook Inc in growing advertising revenue, executives said on Wednesday, after posting its slowest revenue growth in seven years. Tencent has long depended on online gaming to generate revenue, but the company which competes on several fronts with Alibaba Group Holding Ltd and Baidu Inc, also wants to emulate Facebook's success in making money from mobile advertising, as well as its online video platform. More »Tencent looks to Facebook for inspiration as revenue growth declines

  • UK to start regulating digital currency exchanges

    Reuters - Wed, Mar 18, 2015

    The British government intends to apply anti-money laundering regulation to digital currency exchanges on which traders can buy and sell "cryptocurrencies" such as bitcoin, the UK finance ministry said on Wednesday. In a report published alongside minister George Osborne's annual budget statement, Britain's Treasury said the new regulation would support innovation and prevent criminal use of digital currencies. The government will work with the British Standards Association (BSI) to develop a set of standards that will protect consumers. The Treasury also announced a new research initiative on digital currency technology, and said it would inject an additional 10 million pounds ($14.66 million) into the area. More »UK to start regulating digital currency exchanges

  • Credit Suisse launches digital private banking push

    Reuters - Wed, Mar 18, 2015

    Credit Suisse is rolling out its new private banking app in Asia as it seeks to fend off competition from rivals offering cheaper, faster digital services for wealthy clients. "We are making significant investments in digital technology to capture this opportunity and deepen the relationship with our current and next generation of private banking client," Hans-Ulrich Meister head of private banking and wealth management at Credit Suisse said in a statement. More »Credit Suisse launches digital private banking push

  • Inateck BTSP-10 Plus review: Cheap price without reduced-quality sound

    IB Times - Wed, Mar 18, 2015

    Inateck is not a name many would list if asked what their favourite speaker brand was but the German company has made a name for itself selling goods such as Bluetooth speakers, Kindle covers and USB hubs, among other electronic products. Paired with hexagons covering the speaker grill, it is a speaker I can see looking good next to a colourful gaming PC set up. Along with a Micro-USB slot for charging, that completes the list of sockets on the speaker. There are three buttons on the top of the device - two for volume, one for Bluetooth connectivity - and an on/off switch on the side. More »Inateck BTSP-10 Plus review: Cheap price without reduced-quality sound

  • Inateck BTSP-10 Plus review: Great sound with a cheap price

    IB Times - Wed, Mar 18, 2015

    Inateck is not a name many would list if asked what their favourite speaker brand was but the German company has made a name for itself selling goods such as Bluetooth speakers, Kindle covers and USB hubs, among other electronic products. Paired with hexagons covering the speaker grill, it is a speaker I can see looking good next to a colourful gaming PC set up. Along with a Micro-USB slot for charging, that completes the list of sockets on the speaker. There are three buttons on the top of the device - two for volume, one for Bluetooth connectivity - and an on/off switch on the side. More »Inateck BTSP-10 Plus review: Great sound with a cheap price

  • Google's moonshots, gender bias at South by Southwest

    Associated Press - Wed, Mar 18, 2015

    Music flooded into the streets around Austin's convention center as South by Southwest's music festival kicked off and the interactive portion wrapped up. The head of Google's (X) division talked about ... More »Google's moonshots, gender bias at South by Southwest

  • Playbuzz online quiz provider raises $16 million

    Reuters - Wed, Mar 18, 2015

    U.S.-Israeli start-up Playbuzz, whose platform enables the distribution of content on social media, said on Wednesday it has raised $16 million in a financing round led by venture capital fund 83North. Additional funds came from Saban Capital, the investment arm of media mogul Haim Saban, as well as existing investors Carmel Ventures and FirstTime Ventures. Founded in 2012 by Shaul Olmert, son of former Israeli prime minister Ehud Olmert, and Tom Pachys, Playbuzz enables publishers, bloggers, marketers and brands to connect with audiences through quizzes, lists, surveys and rankings. More »Playbuzz online quiz provider raises $16 million

  • German court issues nationwide ban on Uber driving services

    Reuters - Wed, Mar 18, 2015

    FRANKFURT (Reuters) - A German regional court on Wednesday imposed a nationwide ban on local transport services using Uber and uberPOP smartphone apps. The Frankfurt regional court said each violation of the Uber order was subject to a 250,000 euro ($264,825) fine. (Reporting by Christoph Steitz and Eric Auchard; Editing by Harro ten Wolde) More »German court issues nationwide ban on Uber driving services

  • Tencent to increase investment, spend aggressively in video in 2015

    Reuters - Wed, Mar 18, 2015

    BEIJING (Reuters) - Chinese social network and online entertainment group Tencent Holdings will continue to boost investment and spend aggressively on video content this year, company executives said after it posted 2014 results on Wednesday. Tencent declined to disclose how much it spends on video content, but it has been signing licensing and distribution deals for television, film, sport and music, including with U.S. cable broadcaster HBO and the NBA. Tencent's fourth-quarter net income missed estimates, with revenue growth at its slowest in seven years. ... More »Tencent to increase investment, spend aggressively in video in 2015

  • Smashed your HTC One? No problem, they'll replace

    Associated Press - Wed, Mar 18, 2015

    NEW YORK (AP) — Cracked your screen or dropped your phone in the toilet? No problem, if you buy HTC's new One smartphone. More »Smashed your HTC One? No problem, they'll replace

  • Edward Snowden leaks did the marketing for GCHQ in its spy recruitment drive

    IB Times - Wed, Mar 18, 2015

    GCHQ says that it is now viewed as a cutting edge technology operation making it more attractive to potential recruits. It has been two years since Edward Snowden first revealed in leaked documents the extent of the UK Government Communications Headquarters' (GCHQ) top secret operations, broadening awareness of the realm of cyberespionage. So have the continuous stream of leaks about its surveillance operations harmed its chances of landing the best and brightest the UK has to offer? Absolutely not says one 25-year veteran of the organisation who told IBTimes UK that the opposite is in fact true, and that GCHQ has never appeared more appealing to those with the right skills. More »Edward Snowden leaks did the marketing for GCHQ in its spy recruitment drive

  • Swedish crowdfunding platform launches bitcoin pilot

    Reuters - Wed, Mar 18, 2015

    Swedish crowdfunding platform FundedByMe is launching a bitcoin pilot project, allowing investors to use the virtual currency to buy stakes in a bitcoin trading company. It will see the trading company, Safello, accept the digital currency from investors during its 45-day campaign that starts on Wednesday. Crowdfunding allows individuals and small businesses, often start-ups, to raise money from pools of investors who can buy equity in a company or put money into peer-to-peer lending schemes. More »Swedish crowdfunding platform launches bitcoin pilot

  • Imagination Technology cuts licensing outlook on 'muted' demand

    Reuters - Wed, Mar 18, 2015

    Imagination Technologies, which provides graphics technology to Apple has cut its outlook for licensing this year, saying activity had been a "little muted" since November, sending its shares down 14 percent. Imagination receives revenue from selling licenses to partners that incorporate the technology in their chips, and a royalty on every chip shipped. The company said it expected its partners to ship more than 1.3 billion chips based on its technology in this financial year, up from 1.25 billion last year. Analyst Robert Lamb at Jefferies said the lower guidance could drive cuts of 5-10 percent in market consensus for operating profit and earnings per shares for this year and next. More »Imagination Technology cuts licensing outlook on 'muted' demand

  • Investors cheer Nintendo move to smartphones

    Reuters - Wed, Mar 18, 2015

    Shares in Japanese video game maker Nintendo Co on Wednesday notched their biggest daily gain since listing as investors cheered the decision by the creators of Super Mario to venture into smartphones in a bid to retain users. The stock ended limit-up, or 21 percent, at 17,080 yen (96 pounds), a day after Nintendo said it would develop mobile gaming apps with online gaming firm DeNA Co. It was the stock's biggest daily gain since Nintendo became public in 1983, adding some $4 billion to the company's market capitalisation. Nintendo is now worth $24 billion. "Finally, Nintendo has turned a corner and embraced a huge strategic shift," said Jefferies analyst Atul Goyal, who raised his recommendation on the stock to "buy" from "hold" and its price target to 30,000 yen from 12,400 yen. More »Investors cheer Nintendo move to smartphones

  • India's mobile carriers stare at costly victory as bandwidth sale ends

    Reuters - Wed, Mar 18, 2015

    By Aman Shah MUMBAI (Reuters) - India's cellphone operators are snatching up precious bandwidth in a government sale, paying top dollar for spectrum to roll out high-speed coverage across the country. For India's wireless carriers, the auction is the only way to renew expiring 20-year leases and build the extra capacity needed ahead of an anticipated surge in mobile data consumption as more Indians use mobile phones to go online. More »India's mobile carriers stare at costly victory as bandwidth sale ends

  • Samsung Electronics shares poised to hit record high on earning recovery hopes

    Reuters - Wed, Mar 18, 2015

    By Se Young Lee SEOUL (Reuters) - Shares in South Korean tech giant Samsung Electronics Co Ltd <005930.KS> hovered near record highs on Wednesday, fuelled by investors' expectations that strong sales of its chips and new smartphone line-up will hasten an earnings recovery. More »Samsung Electronics shares poised to hit record high on earning recovery hopes

  • Imtech expects return to positive EBITDA in 2015

    Reuters - Wed, Mar 18, 2015

    Dutch engineering company Imtech missed consensus profit forecasts in the fourth quarter, partly because of restructuring costs, but reduced the scale of its losses and said it would return to positive earnings in 2015. In its fourth-quarter results, published on Wednesday, the company said the bulk of the charges it had taken for restructuring and rationalising its real estate portfolio were behind it. More »Imtech expects return to positive EBITDA in 2015

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