Being social, going local, and paying for the privilege were hot topics on the last day of the Reuters 2011 Global Technology Summit.
Google, in a new bid to diversify its way out of an overwhelming dependence on search ad revenue, has once again taken aim at a giant in another industry. Having disrupted the disruptor that is Apple in the smartphone arena, Google is now challenging Microsoft’s 800-pound-gorilla status in the enterprise market.
AOL CEO Tim Armstrong and Editor in Chief of The Huffington Post Arianna Huffington joined us Monday for the premiere of the 2011 Reuters Global Technology Summit.
Sony cranked up its video game networks over the weekend starting with the Americas after an unprecedented breach led to the theft of personal information from more than 100 million user accounts. But experts continued to criticize the Japanese electronics giant for failing to plug other potential holes in its vast global network.
Yahoo’s battle with Alibaba intensified as they issued contradictory statements over the Chinese company’s transfer of a major Internet asset to its CEO. Analysts said the handover of Alipay, an online e-commerce payment system, to Alibaba CEO Jack Ma has reduced the value of Yahoo’s 43 percent Alibaba stake. Yahoo said it had been blindsided by the deal, while Alibaba countered that Yahoo was aware of the transaction by virtue of having a board seat, now held by former Yahoo Chief Executive Jerry Yang, who is also a Yahoo director.
Facebook admitted to hiring PR firm Burson-Marsteller to plant negative stories about Google, The Daily Beast reported. Burson urged journalists to investigate claims that Google was invading people’s privacy and offered to help privacy advocate Christopher Soghoian write an op-ed on the matter for national newspapers. The plot backfired when Soghoian rejected Burson’s offer and posted online an email exchange between them.
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