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Thursday, February 5, 2015

Technology Report: Twitter tops Wall Street revenue target, user growth slows

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Twitter tops Wall Street revenue target, user growth slows
SAN FRANCISCO (Reuters) - Twitter Inc beat Wall Street's revenue target in the fourth quarter but the pace of its user growth weakened, adding pressure on embattled Chief Executive Dick Costolo.
Hiring business drives LinkedIn revenue beat
(Reuters) - Corporate networking site LinkedIn Corp reported a higher-than-expected 44 percent jump in quarterly revenue as more business used its services to assess candidates for employment.
Activision Blizzard profit more than doubles
(Reuters) - Videogame maker Activision Blizzard Inc, known for its "Call of Duty", "Destiny" and "World of Warcraft" titles, forecast revenue for the first quarter below average analyst expectation, factoring in the impact of a strengthening dollar.
Symantec announces $1 billion share buyback plan
(Reuters) - Symantec Corp , best known for its Norton antivirus software, announced a new $1 billion share buyback program on Thursday.
Health insurer Anthem hit by massive cybersecurity breach
(Reuters) - Health insurer Anthem Inc , which has nearly 40 million U.S. customers, said late on Wednesday that hackers had breached one of its IT systems and stolen personal information relating to current and former consumers and employees.
Sony's Pascal to quit co-chair post after cyberattack upheaval
LOS ANGELES (Reuters) - Amy Pascal will step down as co-chairman of Sony Pictures Entertainment after hackers angry about a movie she championed mocking North Korea's dictator exposed a raft of embarrassing emails between Pascal and other Hollywood figures.
Display makers look to next-generation cars to drive growth
SEOUL (Reuters) - First there were TVs, then smartphones, but as those two markets mature the world's top screen makers are looking to the auto sector to drive future growth, with car display volumes expected to almost triple by 2018.
Obama cyber adviser calls Anthem hack 'quite concerning'
WASHINGTON (Reuters) - President Barack Obama's cybersecurity adviser said on Thursday that he was concerned about a data breach at health insurer Anthem Inc. that has affected up to 80 million people.
Obama's 'Big Data' privacy plans get lift from lawmakers
WASHINGTON (Reuters) - The White House is working with a Republican congressman on the U.S. House of Representatives' leadership team and Democrats in both the House and Senate on a bill to protect data collected from students through educational apps.
For Google, new FCC rules may bring unfamiliar government oversight
SAN FRANCISCO/WASHINGTON (Reuters) - One of Google Inc's major business operations could fall under the day-to-day jurisdiction of the U.S. Federal Communications Commission for the first time, potentially subjecting the fast-moving Internet company to regulations it has often criticized.
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