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Thursday, June 5, 2014

Technology Report: WhatsApp co-founder sees challenges in U.S. and other markets

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06/5/2014
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WhatsApp co-founder sees challenges in U.S. and other markets
PALO ALTO Ca. (Reuters) - Boosting the adoption of messaging service WhatsApp in the United States and some other markets is proving difficult, co-founder Brian Acton said, but the company will still create substantial revenue for prospective parent Facebook Inc.
Sprint agrees to pay about $32 billion to buy T-Mobile: source
NEW YORK (Reuters) - Sprint Corp S.N has agreed to pay about $40 per share to buy T-Mobile US Inc, a person familiar with the matter said, marking further progress in the attempt to merge the third and fourth-biggest U.S. mobile network operators.
Twitter acquires mobile advertising startup Namo Media
SAN FRANCISCO (Reuters) - Twitter Inc said Wednesday it will acquire Namo Media, a technology firm specializing in "native advertising" for mobile devices.
New bugs found in software that caused 'Heartbleed' cyber threat
BOSTON (Reuters) - Security researchers have uncovered new bugs in the Web encryption software that caused the pernicious "Heartbleed" Internet threat that surfaced in April.
U.S. technology companies beef up security to thwart mass spying
SAN FRANCISCO (Reuters) - A year after Edward Snowden exposed the National Security Agency's mass surveillance programs, the major U.S. technology companies suffering from the fallout are uniting to shore up their defenses against government intrusion.
Airbnb testing group dinners for strangers
SAN FRANCISCO (Reuters) - Airbnb, a San Francisco startup that has grown into a $10 billion business by letting strangers share their homes for a fee, now wants to do the same for the dinner table.
How far will EU citizens' 'right to be forgotten' extend?
BRUSSELS (Reuters) - While Google may have been dismayed by the ramifications of a ruling in Europe's top court last month upholding the 'right to be forgotten' online, European authorities are also likely to be uncertain about how it will be implemented, privacy experts and lawyers say.
Twitter in talks to buy online music firm SoundCloud: FT
(Reuters) - Microblogging platform Twitter Inc has been in talks with Berlin-based audio sharing website SoundCloud in its efforts to add a music service to its offering, the Financial Times reported citing people familiar with the matter.
Ciena forecasts strong growth on broadening customer base
(Reuters) - Network equipment maker Ciena Corp forecast current-quarter revenue well above estimates and said it expected growth to continue into the second half of the year, driven by a widening customer base.
Barnes & Noble to develop new Nook tablet with Samsung
(Reuters) - Barnes & Noble Inc will develop a tablet with Samsung Electronics Co Ltd as it tries to revive its money-losing Nook digital business.
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