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Oct 15, 2014

Google tests waters for potential ultra-fast wireless service

SAN FRANCISCO, Oct 15 (Reuters) – Google Inc
is preparing to test new technology that may provide
the foundation for a wireless version of its high-speed “Fiber”
Internet service, according to telecommunication experts who
scrutinized the company’s regulatory filings.

In a public but little-noticed application with the U.S.
Federal Communications Commission on Monday, Google asked the
agency for permission to conduct tests in California across
different wireless spectrums, including a rarely-used
millimeter-wave frequency capable of transmitting large amounts
of data.

Oct 14, 2014

Snapchat breach exposes flawed premise, security challenge

SAN FRANCISCO, Oct 14 (Reuters) – The prospect of tens of
thousands of potentially racy Snapchat photos hitting the
Internet has driven home a simple fact: the mobile app’s core
feature – delivering photos and videos that vanish seconds after
viewing – is flawed.

The negative publicity surrounding that speculation has
spurred criticism about its lax security. But whether this will
affect the valuation of the 3-year-old Silicon Valley start-up
as it seeks another round of funding remains to be seen.

Oct 10, 2014

Snapchat blames third-party apps for any leaked photos

SAN FRANCISCO (Reuters) – Mobile messaging company Snapchat blamed third-party software apps for possible security lapses that may have led to its users’ private photos being at risk of online publication by hackers.

A file containing at least 100,000 Snapchat photos has been collected by hackers who were preparing to publish them online, according to a report on the Business Insider blog. Snapchat lets users send photos and videos that disappear in seconds.

Oct 7, 2014

Twitter sues U.S. Justice Department for right to reveal surveillance requests

SAN FRANCISCO (Reuters) – Twitter Inc (TWTR.N: Quote, Profile, Research, Stock Buzz) sued the U.S. Department of Justice on Tuesday, intensifying its battle with federal agencies as the Internet industry’s self-described champion of free speech seeks the right to provide more specifics about the extent of U.S. government surveillance.

In a lawsuit filed in U.S. District Court for Northern California, Twitter argued that the current rules prevent it from even stating that it has not received any national security requests for user information.

Oct 7, 2014

Twitter sues U.S. Justice Dept for right to reveal surveillance requests

SAN FRANCISCO, Oct 7 (Reuters) – Twitter Inc sued
the U.S. Department of Justice on Tuesday, intensifying its
battle with federal agencies as the Internet industry’s
self-described champion of free speech seeks the right to
provide more specifics about the extent of U.S. government
surveillance.

In a lawsuit filed in U.S. District Court for Northern
California, Twitter argued that the current rules prevent it
from even stating that it has not received any national security
requests for user information.

Oct 6, 2014

Facebook’s WhatsApp acquisition now has price tag of $22 billion

SAN FRANCISCO (Reuters) – Facebook Inc (FB.O: Quote, Profile, Research, Stock Buzz) closed its acquisition of mobile messaging service WhatsApp on Monday, with the final price tag rising an additional $3 billion to roughly $22 billion because of the increased value of Facebook’s stock in recent months.

WhatsApp founder Jan Koum will receive nearly $2 billion in stock, vesting over a four-year period, as an inducement for him to stay with the company, according to a regulatory filing on Monday.

Oct 3, 2014

Facebook plots first steps into healthcare

SAN FRANCISCO (Reuters) – Facebook Inc already knows who your friends are and the kind of things that grab your attention. Soon, it could also know the state of your health.

On the heels of fellow Silicon Valley technology companies Apple Inc and Google Inc, Facebook is plotting its first steps into the fertile field of healthcare, said three people familiar with the matter. The people requested anonymity as the plans are still in development.

Oct 3, 2014

Exclusive: Facebook plots first steps into healthcare

SAN FRANCISCO (Reuters) – Facebook Inc already knows who your friends are and the kind of things that grab your attention. Soon, it could also know the state of your health.

On the heels of fellow Silicon Valley technology companies Apple Inc and Google Inc, Facebook is plotting its first steps into the fertile field of healthcare, said three people familiar with the matter. The people requested anonymity as the plans are still in development.

Oct 2, 2014

Ex-Googler leads Softbank invasion of Hollywood

By Alexei Oreskovic, Liana B. Baker and Lisa Richwine

(Reuters) – Softbank Corp’s investment in a Hollywood movie studio represents the coming out party for two new players in the U.S. entertainment industry — the Japanese telecommunications company and Nikesh Arora, the former Google Inc executive running a new media and internet company.

Two months after unexpectedly decamping from Google for SoftBank, Arora struck a $250 million deal for a minority stake in Legendary Entertainment, announced on Thursday. Earlier, he had tried unsuccessfully to strike a partnership with DreamWorks Animation, sources said.

Sep 30, 2014

Google searches for right note in online music business

SAN FRANCISCO (Reuters) – Google Inc is planning new and revamped streaming-music services in coming weeks, searching for a way to stand out in an increasingly crowded field of rivals from Apple Inc and Amazon.com Inc to Spotify.

Nailing music is one way for Google to raise chances of continued success as people spend more time on mobile devices.

    • About Alexei

      "I write about Internet companies including Google, Yahoo and Facebook. I’ve covered technology and business for more than ten years at publications including TheStreet.com, CNET and The Industry Standard magazine."
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