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How much is your personal data worth?
April 22nd, 2014
British ministers are looking at changes that will allow HMRC to sell taxpayers’ data to third parties. Putting aside the privacy issues, how much is personal data worth? As this paper reported last week, ministers are considering changes in ...
Exclusive: Microsoft, Apple diverge on bankrolling big patent buyer
April 11th, 2014
Patent buyer Intellectual Ventures has persuaded Microsoft and Sony to invest in its latest acquisition fund while Apple and Intel, which invested with IV previously, declined to participate, according to people briefed on the fundraising. The investment decisions by ...
Code red: Stocks tank on Wall Street
April 11th, 2014
Investors might have used Wednesday’s rally as a chance to rest up so they could get back to what they’ve been doing best lately: selling. The Nasdaq lead the carnage today with a 3.1% loss. It’s fairly uncommon for ...
Turkey keeps YouTube block despite court rulings
April 10th, 2014
Turkish authorities defied court orders and reaffirmed a ban on YouTube imposed after the posting of illicit recordings of top secret security talks that was cited by Prime Minister Tayyip Erdogan as part of a “dirty campaign” to topple ...
European Stocks Decline as Technology Shares Retreat
April 7th, 2014
European stocks declined from a six-year high as technology shares tumbled following a selloff in America. U.S. stock-index futures and Asian shares fell. Technology shares lost 1.2 percent, with Iliad SA losing 5.3 percent and Nokia Oyj sliding 2.4 ...
Asian Stocks Snap 8-Day Winning Streak Led by Industrials
April 7th, 2014
Asian stocks fell for the first time in nine days, snapping the longest winning streak on the regional gauge this year, with telecommunication and technology shares leading declines. Naver Corp. slumped 6.3 percent in Seoul, SoftBank Corp. lost 4.5 ...
Sheryl Sandberg slashes Facebook holdings
April 2nd, 2014
Sheryl Sandberg, Facebook’s number two executive, has shed more than half her stake in the social networking company since its initial public offering less than two years ago, according to an analysis of recent regulatory filings. The series of ...
Oculus Deal Said to Deliver 20-Fold Return to Spark and Matrix
March 26th, 2014
Spark Capital invested in Oculus VR Inc. in June after the firm’s partners bought the company’s virtual-reality goggles online. The bet ended in a 20-fold gain following Facebook Inc.’s agreement yesterday to buy Oculus for as much as $2.3 ...
Disney to buy YouTube network Maker Studios for $500 million
March 26th, 2014
The Walt Disney Co has agreed to buy Maker Studios, one of YouTube’s largest networks, for $500 million, a deal that makes Disney a major online video distributor and should help draw more teens into the Disney entertainment empire. ...
Flight 370: When facts are few, imaginations run wild
March 24th, 2014
Malaysia Airlines Flight 370, a Boeing 777 on the way from Kuala Lumpur to Beijing, simply vanished from the sky on March 8. In the two weeks since, the mystery of what happened to its 227 passengers and 12 ...