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Viacom extends ad deal with Snapchat
(Reuters) - Viacom Inc and Snapchat have extended a deal that will allow Viacom to sell advertising on the mobile app's behalf. Under the deal, Viacom will have the right to sell against its own content on Snapchat as well as Snapchat's U.S. owned and operated advertising inventory, a Snapchat spokesman told Reuters. Viacom is the only television company to have this arrangement with Snapchat, he said.
Tue, 09 Feb 2016 04:44:08 -0500
Obama seeks over one-third rise in U.S. cyber security funding
By Dustin Volz WASHINGTON (Reuters) - President Barack Obama's budget proposal for the 2017 fiscal year seeks $19 billion for cyber security across the U.S. government, a surge of $5 billion over this year, according to senior administration officials. The request comes as the Obama administration has struggled to address the growing risk posed by criminals and nation states in the digital world. The request for a cash infusion is the latest signal from the White House that it intends to make cyber security a top priority in the last year of Obama’s presidency.
Tue, 09 Feb 2016 05:02:09 -0500
Facebook's India stumble could embolden other regulators
By Jeremy Wagstaff and Himank Sharma SINGAPORE/MUMBAI (Reuters) - India's decision to effectively ban Facebook's pared-back free Internet service is a major blow to the social network's plans, and may prompt other regulators to demand equal online access for their users. Facebook will have to reconsider its approach in the light of India's new rules preventing Internet service providers from having different pricing policies for accessing different parts of the Web, analysts said. "This is a major setback for Facebook," said Naveen Menon, lead analyst at A.T. Kearney in Singapore.
Tue, 09 Feb 2016 06:40:57 -0500
Verizon enlists AOL CEO to explore Yahoo deal: Bloomberg
(Reuters) - Verizon Communications Inc has given Tim Armstrong, chief executive officer of its AOL unit, a leading role in exploring a possible bid for Yahoo Inc's assets, Bloomberg reported, citing a person with knowledge of the situation. Verizon, the largest U.S. wireless carrier, hasn't hired bankers to conduct an offer and there have been no formal talks, according to the report. Yahoo said last week that it would consider "strategic alternatives" for its core Internet business, even as it continues with its plan to revamp the business and spin it off.
Mon, 08 Feb 2016 15:35:45 -0500
Justice, Homeland Security probe hack of U.S. agency employee data
By Mark Hosenball WASHINGTON (Reuters) - The U.S. Department of Homeland Security and the Justice Department are investigating a claim that personal data related to thousands of DHS and FBI employees was hacked and has been posted online, an agency spokesman said on Monday. The tech website Motherboard reported on Sunday that a hacker, who Motherboard said wished to remain anonymous, intended to dump onto the Internet names, job titles, email addresses and official phone numbers of over 9,000 DHS employees and another 20,000 Federal Bureau of Investigation workers.
Mon, 08 Feb 2016 16:41:56 -0500
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