Facebook gets U.S. antitrust approval to buy Oculus


WASHINGTON (Reuters) Social network giant Facebook Inc has won U.S. antitrust approval to buy Oculus VR Inc, a two-year-old maker of virtual reality goggles, the Federal Trade Commission said on Wednesday. Facebook said on March 25 that it planned to buy Oculus for $2 billion in its first-ever … [Read more...]

HBO strikes deal with Amazon to stream shows

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(Reuters) Some HBO shows and the Internet streaming service HBO Go will be available next month to Amazon Prime customers, the companies said on Wednesday in a move that could lure customers away from Netflix Inc. The companies said this was the first time HBO, the premium cable channel owned by … [Read more...]

On Shakespeare’s 450th, a birthday tour of some play ‘sets’

Globe Theatre London Shakespeare

LONDON (Reuters) - Known as the Bard and regarded as England's greatest playwright, William Shakespeare, whose 450th birthday is celebrated on Wednesday, let his imagination roam as widely as his characters. Following are some of the locales, cited by travel website www.GoEuro.co.uk, associated … [Read more...]

World Cup rush leaves gaps in Brazil cell network

brazil world cup 2014

By Brad Haynes and Luciana Bruno SAO PAULO/RIO DE JANEIRO (Reuters) - Rio de Janeiro's legendary Maracanã stadium was in a frenzy. Brazil had trounced the Spanish world champions. Yet 73,000 football fans could scarcely send a text message to celebrate. The final of the 2013 Confederations … [Read more...]

Dish looking to debut Internet TV service this summer: Bloomberg

dish new logo

(Reuters) Dish Network Corp, the No. 2 U.S. satellite TV provider, is looking to debut internet TV service this summer, Bloomberg News reported on Tuesday, citing people familiar with the matter. Dish has told programmers, including Comcast Corp's NBCUniversal, that it could start the service … [Read more...]

Music video hub Vevo monthly viewership up nearly 50 percent to 6 billion

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By Kevin Gray - MIAMI (Reuters) Vevo, the online music video hub that is a joint venture of two of the world's biggest music labels, has seen a nearly 50 percent increase in the number of music videos streamed each month from its platform, the company's top executive said on Tuesday. The … [Read more...]

AT&T partners with Chernin Group in online video venture

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By Marina Lopes - NEW YORK (Reuters) AT&T Inc said Tuesday it would partner with The Chernin Group media holding company to invest $500 million (297 million pounds) in a joint venture for web-based video services, making it the latest company aiming to tap the growing consumer demand for online … [Read more...]

Social media shares rally after Credit Suisse upgrades Facebook

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NEW YORK (Reuters) Shares of social media companies rallied on Tuesday after Credit Suisse raised its expectations for Facebook Inc's long-term average revenue per user (ARPU), saying upcoming products would raise growth in that key metric. The firm upgraded the stock to "outperform" from … [Read more...]

Comcast’s profit rises; company adds video subscribers

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By Liana B. Baker (Reuters) Comcast Corp, the largest U.S. cable operator, posted higher first-quarter revenue and net income on Tuesday showing it could add video subscribers for two quarters in a row, a rare sight in the cable industry. On the cable side, Comcast added 24,000 net video … [Read more...]

Netflix blasts AT&T fiber network; opposes Comcast, TWC merger

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By Marina Lopes - NEW YORK (Reuters) Netflix Inc, the video streaming service, on Monday criticized AT&T's high-speed fiber network as inadequate and slow, while renewing its call for AT&T to interconnect directly with Netflix. Netflix made the remarks in a letter to shareholders on its … [Read more...]

Nokia sees Microsoft deal closing this week

nokia microsoft

HELSINKI (Reuters) Nokia said on Monday it expects the sale of its handset business to Microsoft to be finalized on April 25, as it had received all the required regulatory approvals. The closure of the 5.4 billion-euro (4.4 billion-pound) deal, which was agreed in September, had been delayed due … [Read more...]

At Mt. Gox bitcoin hub, ‘geek’ CEO sought both control and escape

Mark Karpeles CEO Mt. Gox

By Sophie Knight - TOKYO (Reuters) In June 2011, when customers of now-bankrupt bitcoin exchange Mt. Gox agitated for proof that the Tokyo-based firm was still solvent after a hacking attack, CEO Mark Karpeles turned to the comedy science fiction novel "The Hitchhikers Guide to the … [Read more...]

Hollywood plays to the faithful, finds hits with God

heaven is for real movie poster

By Ronald Grover and Chris Michaud (Reuters) Hollywood has embraced God in a big - and lucrative - way. The movie "Heaven is for Real," which depicts the story of a young boy who claims to have visited heaven during a near death experience, is the fourth faith-based film this year to stir … [Read more...]

Captain America soars again, tops Rio 2 to win U.S. box office

captain america old school

By Ronald Grover and Chris Michaud (Reuters) Marvel's superhero in "Captain America: The Winter Soldier" claimed a third straight box office win, collecting $26.6 million at the domestic box office to beat the colorful birds of animated film "Rio 2," which generated $22.5 million in ticket … [Read more...]

Echo of 1984 Betamax landmark in U.S. high court Aereo TV fight


By Lawrence Hurley and Liana B. Baker WASHINGTON/NEW YORK (Reuters) When the U.S. Supreme Court hears a one-hour oral argument in Washington, D.C., on Tuesday, it will not be the first time the court's nine justices will have the final say over the fate of a new TV viewing technology. Thirty … [Read more...]

Microsoft’s Xbox One sales cross 5 million

XBox One

SAN FRANCISCO (Reuters) Microsoft Corp has sold over 5 million Xbox One video game consoles to retailers since its launch in November, the company said on Thursday. In January, the U.S. software company said Xbox One sales had crossed three million as of the end of 2013. The console went on … [Read more...]

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