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May 14, 2014

Google gets take-down requests after European court ruling: source

SAN FRANCISCO (Reuters) – Google Inc is already getting requests to remove objectionable personal information from its search engine after Europe’s top court ruled that subjects have the “right to be forgotten,” a source familiar with the matter said on Wednesday.

The world’s No. 1 Internet search company has yet to figure out how to handle an expected flood of requests after Tuesday’s ruling, said the source, who is not authorized to speak on the record about the issue.

May 14, 2014

Google hopes test drives steer Americans to embrace its robot cars

MOUNTAIN VIEW, California (Reuters) – Google Inc’s self-driving car technology likely will not be available for several more years. But the Internet company is already beginning the job of making the public comfortable with the futuristic vehicles.

A fleet of Google’s robot cars ferried more than two dozen reporters around Mountain View, California, on Tuesday, in 30-minute ride-alongs that showcased their ability to automatically and safely navigate around city streets packed with cyclists, pedestrians and traffic signs.

May 8, 2014

Snapchat settles with FTC, faces 20 years privacy oversight

SAN FRANCISCO (Reuters) – Messaging startup Snapchat has settled charges with U.S. regulators accusing it of deceiving consumers by promising that photos sent on its service disappeared forever after a certain period of time.

Under the terms of the settlement, Snapchat’s privacy practices will be monitored by an independent professional for the next 20 years.

May 8, 2014

For aspiring Internet moguls with burning questions, a TV call-in show

SAN FRANCISCO (Reuters) – Internet entrepreneurs made their television debut in April with the fictionalized comedy series Silicon Valley. Now start-up entrepreneurs are getting a self-help TV show in which aspiring tech moguls can call in anonymously and get advice from experienced industry players.

The new weekly television program, called FounderLine, will fill a void for the growing ranks of tech start-up company founders, said Joe Beninato, a serial tech entrepreneur who created and is hosting the show.

May 7, 2014

Alibaba files for what may be biggest tech IPO

SAN FRANCISCO (Reuters) – Alibaba gave investors a closer look at the scale and growth of the Chinese e-commerce juggernaut in an initial public offering (IPO) prospectus filed on Tuesday, the first step in what could be the largest technology debut in history.

Alibaba Group Holding Ltd, which powers 80 percent of all online commerce in the world’s second-largest economy, is expected to raise more than $15 billion, and could top the $16 billion pulled in by Facebook Inc when it listed in 2012.

Apr 29, 2014

White House wades cautiously into effort to protect online privacy

WASHINGTON/SAN FRANCISCO (Reuters) – The White House will lay out ideas this week for protecting U.S. consumers’ privacy in an era in which the ubiquitous use of computers and mobile phones provides a constant data feed on individuals.

But after a 90-day review of “big data,” the White House is expected to suggest ways to encourage companies to protect privacy and identify areas for further study, rather than calling for a legislative overhaul.

Apr 29, 2014

Glam Media changes name to Mode, expands into online video

SAN FRANCISCO, April 29 (Reuters) – Glam Media, the online
lifestyle publishing company, is changing its name to Mode Media
and heading into the increasingly crowded market offering
original online video programming.

The company said on Tuesday it would launch 10 original
online video series and create its own video production studio.
The new programs, on topics ranging from food to home design,
are due to debut on Tuesday on websites owned by Mode Media.

Apr 29, 2014

Yahoo ramps up video effort with new online comedy video series

SAN FRANCISCO (Reuters) – Yahoo Inc bolstered its line-up of online video programming on Monday with two original comedy series and a new Web channel that will stream live concerts.

The two comedy series, which Yahoo will show on its website next year, are the first long-form original comedies in Yahoo’s growing selection of online video. Each series will consist of eight 30-minute episodes which Yahoo will post on its website all at once.

Apr 28, 2014

Google says self-driving car tests now focused on city driving

SAN FRANCISCO (Reuters) – Google Inc said it has begun testing its self-driving cars on city streets, a crucial new phase in its quest to eventually make the technology a standard feature in automobiles.

After several years of testing self-driving cars on freeways, where driving conditions are more predictable, Google in the past year shifted its focus to city street driving, the company said in a post on its official blog on Monday.

Apr 24, 2014

Baidu forecasts stronger-than-expected second-quarter revenue

By Alexei Oreskovic and Paul Carsten

(Reuters) – Chinese Internet company Baidu Inc forecast better-than-expected revenue for the second quarter, sending shares up 5 percent in after-hours trading.

Baidu said revenue in the second quarter will range between 11.820 billion yuan ($1.901 billion) and 12.110 billion yuan ($1.948 billion). Analysts polled by Thomson Reuters I/B/E/S were looking for second-quarter revenue of 11.573 billion yuan.

    • 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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