SAN FRANCISCO (Reuters) – Google Inc and its Motorola Mobility unit struck back on Wednesday against BT Group Plc, filing patent lawsuits against the British telecommunications group more than a year after BT launched its own lawsuit against Google.
BT, Britain’s dominant fixed-line telecoms group, sued Google in 2011 over six patents related to mobile technology. But in a lawsuit filed on Wednesday in a California federal court, Google asserted four patents of its own.
SAN FRANCISCO, Feb 12 (Reuters) – Yahoo Inc Chief
Executive Marissa Mayer said the company’s search partnership
with Microsoft Corp was not delivering the market share
gains or the revenue boost that it should.
“One of the points of the alliance is that we collectively
want to grow share rather than just trading share with each
other,” Mayer said at the Goldman Sachs Technology and Internet
Conference in San Francisco on Tuesday.
SAN FRANCISCO, Feb 8 (Reuters) – Google Inc
Executive Chairman Eric Schmidt is selling roughly 42 percent of
his stake in the Internet search company, a move that could
potentially net the former chief executive a $2.51 billion
Schmidt, 57, will sell 3.2 million shares of Class A common
stock through a stock trading plan, Google said in a filing with
the U.S. Securities and Exchange Commission on Friday.
SAN FRANCISCO (Reuters) – IAC/InteractiveCorp’s said that growth in its search business would slow from the “meteor ride” of the past two years, but it was confident of double-digit growth for the “foreseeable future.”
Shares of IAC were unchanged at about $43 in after hours trading on Wednesday after the company reported a 28 percent increase in fourth-quarter revenue, slightly exceeding Wall Street targets.
SAN FRANCISCO (Reuters) – Anonymous hackers attacked Twitter this week and may have gained access to passwords and other information for as many as 250,000 user accounts, the microblog revealed late on Friday.
Twitter said in a blog post that the passwords were encrypted and that it had already reset them as a “precautionary measure,” and that it was in the process of notifying affected users.
SAN FRANCISCO (Reuters) – Social networking start-up Path will pay $800,000 to settle charges with federal regulators that it improperly collected personal information on children.
The company also agreed to submit to 20 years of independent privacy reviews to settle charges that it secretly collected information from its users mobile phone address books.
SAN FRANCISCO, Feb 1 (Reuters) – Social networking start-up
Path will pay $800,0000 to settle charges with federal
regulators that it improperly collected personal information on
The company also agreed to submit to 20 years of independent
privacy reviews to settle charges that it secretly collected
information from its users mobile phone address books.
SAN FRANCISCO (Reuters) – Facebook Inc(FB.O: Quote, Profile, Research) introduced gift cards on Thursday that consumers can use at Target Corp (TGT.N: Quote, Profile, Research) and a handful of other businesses in the social network’s latest move into the retail market.
Consumers in the United States can buy the cards for their Facebook friends and choose from four different businesses: Target, LVMH Moet Hennessy Louis Vitton SA’s Sephora, Jamba Inc’s (JMBA.O: Quote, Profile, Research) Jamba Juice and Darden Restaurants Inc’s(DRI.N: Quote, Profile, Research) Olive Garden.
SAN FRANCISCO (Reuters) – Facebook Inc doubled its mobile advertising from the previous quarter as the world’s No. 1 social network expanded its business aggressively onto handheld devices.
But the growth trailed some of Wall Street’s most aggressive estimates. Extending its reach on mobile devices is crucial as more and more of its 1 billion-plus users begin to access its network via smartphones and tablets.
SAN FRANCISCO (Reuters) – Facebook Inc’s advertising business grew at its fastest clip since before the company’s May initial public offering, helping the company’s revenue expand 40 percent to $1.585 billion.
Shares of Facebook were down 2.5 percent to $30.45 in after hours trading on Wednesday.