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| Al Jazeera America launches, but AT&T won't carry network Tuesday, Aug 20, 2013 07:28 PM PDT  By Liana B. Baker and Lisa Richwine (Reuters) - New cable network Al Jazeera America introduced itself to viewers on Tuesday with reports on political strife in Egypt and the impact of climate change on U.S. cities, shortly after a major pay TV distributor declined to carry the channel. The decision by AT&T's U-verse pay-TV service stemmed from a contract dispute over terms to carry the new network, AT&T spokesman Mark Siegel said. Al Jazeera responded by suing AT&T for breach of contract in Delaware Chancery Court. Globally, Al Jazeera is seen in more than 260 million homes in 130 countries. ... Full Story | Top |
| Al Jazeera America launches, AT&T won't carry network Tuesday, Aug 20, 2013 04:52 PM PDT By Liana B. Baker and Lisa Richwine (Reuters) - New cable network Al Jazeera America introduced itself to U.S. viewers on Tuesday with reports on political strife in Egypt and a shooting at a Georgia elementary school, making its bid to win audiences shortly after a major pay TV distributor declined to carry the network. The decision by AT&T's U-verse pay-TV service stemmed from a contract dispute over terms to carry the new channel, AT&T spokesman Mark Siegel said. Globally, Al Jazeera is seen in more than 260 million homes in 130 countries. But the new U.S. ... Full Story | Top |
| Conde Nast launches new subscriber service with Amazon Tuesday, Aug 20, 2013 04:50 PM PDT  By Jennifer Saba NEW YORK (Reuters) - Magazine publisher Conde Nast announced a major partnership with Amazon.com Inc on Tuesday in which the Internet retailer will handle print and digital subscriptions for glossy publications such as Vogue, Wired and Vanity Fair. Conde Nast is the first magazine publisher to collaborate with Amazon on this type of service, a move that will simplify and eventually save money on its subscription process and give it access to a huge new customer base. Currently, subscriptions involve direct mail and stacks of magazine insert cards. ... Full Story | Top |
| U.S. judge approves Kodak plan to exit bankruptcy Tuesday, Aug 20, 2013 02:56 PM PDT  By Nick Brown NEW YORK (Reuters) - Eastman Kodak Co, once a mighty photography pioneer, earned court approval on Tuesday for a plan to emerge from bankruptcy as a much smaller digital-imaging company. The green light from U.S. Bankruptcy Judge Allan Gropper in New York puts Kodak on track to exit bankruptcy in about two weeks. "It will be enormously valuable for the company to get out of Chapter 11 and hopefully begin to regain its position in the pantheon of American business," Gropper said. ... Full Story | Top |
| Insight: Peter Chou - Is he HTC’s savior or obstacle to revival? Tuesday, Aug 20, 2013 02:09 PM PDT  By Jeremy Wagstaff and Clare Jim SINGAPORE/TAIPEI (Reuters) - Now in his tenth year as CEO of HTC Corp, Peter Chou is lauded as the architect of the Taiwanese firm's award-winning smartphones. But as the company's fortunes have dived, some insiders say he's now an obstacle to any revival. ... Full Story | Top |
| Hacker who exposed Facebook bug to get reward from unexpected source Tuesday, Aug 20, 2013 01:32 PM PDT  By Jim Finkle BOSTON (Reuters) - A man who hacked into Mark Zuckerberg's Facebook page to expose a software bug is getting donations from hackers around the world after the company declined to pay him under a program that normally rewards people who report flaws. Khalil Shreateh discovered and reported the flaw but was initially dismissed by the company's security team. He then posted a message on the billionaire's wall to prove the bug's existence. ... Full Story | Top |
| Sony says it has over 1 million preorders for PlayStation 4 Tuesday, Aug 20, 2013 12:59 PM PDT  COLOGNE, Germany (Reuters) - Sony has had more than 1 million preorders worldwide for its new PlayStation 4 console, the head of its SCE computer entertainment division said on Tuesday. SCE Chief Executive Andrew House added that the console will be available from November 15 in North America and will hit stores in Europe from November 29. "The response we have received is nothing short of incredible," he said at a news conference on the sidelines of Gamescom, Europe's biggest videogames fair. He added the console will be available in 32 countries worldwide during the holiday season. ... Full Story | Top |
| Barnes & Noble chairman halts plan to buy stores as sales slide Tuesday, Aug 20, 2013 12:31 PM PDT  By Jessica Wohl and Phil Wahba (Reuters) - Barnes & Noble Inc's founder and largest shareholder on Tuesday suspended his plan to buy the bookseller's stores, dashing investor hopes for a deal as the company again reported poor quarterly results. B&N shares fell 15 percent to $14.17, their lowest level since February, when Leonard Riggio, who is also chairman, said he planned to make an offer for B&N's retail business. News of Riggio's change of heart came as the company reported a 10 percent decline in sales at its bookstores and bn. ... Full Story | Top |
| RingCentral taps banks for IPO, deal could launch soon: sources Tuesday, Aug 20, 2013 12:05 PM PDT By Olivia Oran NEW YORK (Reuters) - Cloud-based phone systems company RingCentral is close to filing for an initial public offering, according to two sources familiar with the matter. The San Mateo, California-based company is working with Goldman Sachs Group Inc, JPMorgan Chase & Co and Bank of America Corp on an IPO which could launch in the fall, the sources said on Tuesday. RingCentral could not be reached for comment. Goldman Sachs, JPMorgan and Bank of America declined to comment. Launched in 2003, RingCentral helps small businesses manage their mobile, fax and email communications. ... Full Story | Top |
| When it comes to apps, consumers have shorter attention spans Tuesday, Aug 20, 2013 12:01 PM PDT  By Natasha Baker TORONTO (Reuters) - Consumers are using apps for shorter bursts of time and opting to "snack" on content more frequently, according to newly released data. A record 70 billion smartphone and tablet apps are expected to be downloaded globally this year, according to market research firm ABI Research. But consumers' attention spans for apps are dropping. ... Full Story | Top |
| LinkedIn opens its door to students Tuesday, Aug 20, 2013 10:57 AM PDT  (Reuters) - LinkedIn Corp said it will open its social networking site to those above 13 years of age in a move aimed at attracting a younger membership base. The company, which makes much of its money by selling access to its members' resumes to corporate recruiters, said the changes will come into effect on September 12. LinkedIn also introduced a new feature called University Pages enabling schools, students, and alumni to connect on the website. Over 200 universities have adopted their pages, including New York University, and University of Michigan, LinkedIn said in a blog post on Monday. ... Full Story | Top |
| Now Vietnam wants to "manage" chat apps, and media says ban possible Tuesday, Aug 20, 2013 07:07 AM PDT  HANOI (Reuters) - Vietnam's government is to decide policy in managing free internet-based telecom tools like Viber, Line and Whatsapp, Prime Minister Nguyen Tan Dung said on Friday, a move bound to increase concerns about Communist Party censorship. State media said the government might "ban" free messaging services because of the harm done to network providers. Vietnam has repeatedly come under fire for curbs on free speech and harsh treatment for bloggers who dare to criticize the one-party regime. ... Full Story | Top |
| Riggio suspends plan to make offer for Barnes & Noble stores Tuesday, Aug 20, 2013 06:03 AM PDT  (Reuters) - Barnes & Noble Inc's chairman, founder and top shareholder Leonard Riggio said on Tuesday he has suspended his efforts to make an offer for the company's retail business. "While I reserve the right to pursue an offer in the future, I believe it is in the company's best interests to focus on the business at hand," Riggio said in a statement filed with the U.S. Securities and Exchange Commission. ... Full Story | Top |
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