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Jun 12, 2014

Facebook expands users’ ad targeting profiles with website data

SAN FRANCISCO (Reuters) – Facebook Inc is expanding the internal user profiles that underpin its targeted advertising system, for the first time including personal information based on activities that did not occur within the boundaries of its social network.

While Facebook has long maintained internal profiles of users based on the comments they make and the posts that they “like” within its social network, the company will now flesh out those profiles with information based on some of the external websites and mobile apps its members use, a move that could further inflame concerns about how it treats personal privacy.

Jun 10, 2014

Google to buy satellite company Skybox Imaging for $500 million

SAN FRANCISCO (Reuters) – Google Inc (GOOGL.O: Quote, Profile, Research, Stock Buzz) (GOOG.O: Quote, Profile, Research, Stock Buzz) said on Tuesday it is acquiring satellite company Skybox Imaging for $500 million in cash, the Internet company’s second high-profile acquisition of an aerospace company this year.

Google said that Skybox’s satellites will provide images for Google’s online mapping service. Google, the world’s No.1 Internet search engine, said that Skybox’s technology could also eventually be used to provide Internet access and help with disaster relief.

Jun 9, 2014

Head of eBay’s PayPal unit steps down to join Facebook

SAN FRANCISCO (Reuters) – David Marcus, who has led eBay Inc’s fast-growing payments unit PayPal for the past two years, will step down this month to run Facebook Inc’s messaging products, the companies announced on Monday.

EBay shares fell a little more than 2 percent in trading after hours. Under Marcus, PayPal has moved more aggressively into the physical world by developing a mobile wallet for consumers as well as point-of-sale systems for retailers.

Jun 9, 2014

Facebook’s Instagram to expand ads beyond U.S.

SAN FRANCISCO, June 9 (Reuters) – Instagram, the mobile
photo service owned by Facebook Inc, is expanding its
nascent advertising business beyond the United States and will
begin showing ads to users in Britain, Canada and Australia, the
company said on Monday.

The ads will start to appear on versions of the service in
the three countries later this year, Instagram said in a post on
its official blog.

Jun 3, 2014

Facebook acquires mobile data plan firm Pryte

SAN FRANCISCO (Reuters) – Facebook Inc is acquiring Pryte, a Finnish company that aims to make it easier for mobile phone users in under-developed parts of the world to use wireless Internet apps.

Facebook did not disclose financial terms of the deal, which spokeswoman Vanessa Chan said is expected to close later this month.

May 30, 2014

For Web startups with big ambitions, regulation increasingly on the radar

By Alexei Oreskovic

RANCHO PALOS VERDES Calif. (Reuters) – Internet startups are starting to see what could come between them and their ambitions: regulators.

Recent lawsuits and government investigations into high-flying “sharing economy” services have put the issue front and center. Now, Web companies developing services in everything from healthcare to transportation are crafting strategies for working with government agencies.

May 30, 2014

Google takes steps to comply with EU’s ‘right to be forgotten’ ruling

By Alexei Oreskovic

(Reuters) – Google Inc has launched a service through which European citizens can request that links to what they deem as objectionable material be taken off search results, the first step to comply with a court ruling affirming the “right to be forgotten.”

The world’s largest Internet search engine, which processes more than 90 percent of all Web searches in Europe, said on Thursday that it has made available a webform through which people can submit their requests, but stopped short of specifying when it would remove links that meet the criteria for being taken down.

May 30, 2014

Google takes steps to comply with EU’s “right to be forgotten” ruling

May 29 (Reuters) – Google Inc has launched a service through
which European citizens can request that links to what they deem
as objectionable material be taken off search results, the first
step to comply with a court ruling affirming the “right to be
forgotten.”

The world’s largest Internet search engine, which processes
more than 90 percent of all Web searches in Europe, said on
Thursday that it has made available a webform through which
people can submit their requests, but stopped short of
specifying when it would remove links that meet the criteria for
being taken down.

May 29, 2014

Apple hopes Beats co-founder’s “ear” can help amid “dying” music industry

, May 28 (Reuters) – Apple Inc’s
newest high-profile hire isn’t sure he has a job title
and won’t commit to working full-time at its home base, but the
iPhone maker is banking on Beats co-founder Jimmy Iovine to
steer it through a changing music business.

The recording industry veteran is joining up with Apple as
part of its $3 billion acquisition of music streaming and audio
equipment maker Beats. Iovine’s “ear” for music
and his entertainment industry expertise are valuable qualities
for Apple, Senior Vice President of Internet Software and
Services Eddy Cue said on Wednesday.

May 28, 2014

Intel readies 3D-printed robots for handy consumers

RANCHO PALOS VERDE, California, May 28 (Reuters) – Intel
Corp introduced a walking, talking robot on Wednesday
made from 3D-printed parts that will be available to consumers
later this year, if they are willing to assemble it with a kit
that costs around $1,600.

The company’s Chief Executive Brian Krzanich was accompanied
by “Jimmy” on stage at the Code Conference in Rancho Palos
Verdes, California. The white 2-foot tall robot shuffled onto
the stage, introduced itself and then waved its arms.

    • 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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