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Wednesday, July 23, 2014

Technology Report: AT&T, Chernin Group close to deal to buy YouTube network Fullscreen: tech blog

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07/23/2014
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AT&T, Chernin Group close to deal to buy YouTube network Fullscreen: tech blog
SAN FRANCISCO (Reuters) - AT&T Inc and the Chernin Group are close to buying a majority slice of Fullscreen, in a deal that will value the popular YouTube video network at $200 million to $300 million, tech blog Re/code cited sources familiar with the target company as saying.
BCE to take Bell Aliant private in $3.7 billion deal
TORONTO (Reuters) - BCE Inc said on Wednesday it will pay C$3.95 billion ($3.68 billion) to take regional affiliate Bell Aliant private, securing access to its cash flow and bolstering BCE's position as Canada's largest telecom company.
U.S. to Internet providers: We are watching your speed promises
WASHINGTON (Reuters) - U.S. communications regulators on Wednesday reminded Internet service providers to promise consumers only the speed and quality of service that they actually deliver, or face penalties.
Seven arrests made in $1.6 million StubHub cyberfraud case
NEW YORK (Reuters) - Police have arrested seven people on charges they were tied to an international ring that defrauded eBay Inc's StubHub online ticketing service of some $1.6 million, the latest in a string of high-profile cybercrime busts in recent months.
German city Hamburg seeks to ban Uber ride service
HAMBURG/FRANKFURT (Reuters) - Hamburg has told Uber, a U.S. car service whose smartphone app summons rides at the touch of a button, to stop operating in the German city, adding to resistance the company has faced globally from local regulators and taxi drivers.
Hacking experts build device to protect cars from cyber attacks
(This July 22 story is refiled to include omitted title for Chris Valasek, paragraph 3)
Niger hands Airtel 3G license, renews 2G permit
NIAMEY (Reuters) - Niger has awarded Celtel, a mobile phone operator owned and operated by Bharti Airtel, a license to operate a 3G network and renewed its 2G license in the West African nation, the government said on Wednesday.
Sony invests in image sensor production amid 'selfie' boom
TOKYO (Reuters) - Sony Corp said on Thursday it would invest 35 billion yen ($345 million) to increase production of image sensors for smartphones and tablets, as the company courts handset makers to get more orders for front-facing camera sensors, used to take selfies.
EBay plans to expand in Russia despite sanctions
MOSCOW (Reuters) - Internet auction site eBay Inc said it planned to expand in Russia, still its top priority among emerging markets even though the country faces increasing Western sanctions over the Ukraine crisis.
Apple margin concerns fade, focus shifts to iPhone launch
(Reuters) - A rise in margins has raised hopes that Apple Inc may be able to hold the line on pricing ahead of the launch of new iPhones later this year.
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