Weekend: Chance of Precipitation: Fri: 0% / Sat: 20% / Sun: 50%.
Aereo files for bankruptcy
By Tanya Agrawal and Jonathan Stempel NEW YORK (Reuters) - Aereo Inc, the video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection. The Chapter 11 filing on Thursday night came five months after the U.S. Supreme Court said Aereo violated broadcasters' copyrights by capturing live and recorded programs on miniature antennas and transmitted them to paying subscribers. That decision effectively forbade Aereo's business model. ...
Amazon plans ad-supported video streaming service: NY post
(Reuters) - Online retailer Amazon.com Inc will release a new ad-supported video streaming service early next year, the New York Post reported, citing sources. The service will be separate from the company's $99-a-year Prime membership, which includes a video service, the Post reported. The Post did not say if the new service would be free or chargeable. Amazon's Prime service costs $99 a year. Amazon was not immediately available for comment. The new service will compete directly with Hulu and Netflix Inc, whose charges start at $7.99 a month for customers in the United States. ...
NSA chief warns Chinese cyber attacks could shut U.S. infrastructure
By Patricia Zengerle WASHINGTON (Reuters) - China and "probably one or two" other countries have the ability to invade and possibly shut down computer systems of U.S. power utilities, aviation networks and financial companies, Admiral Mike Rogers, the director of the U.S. National Security Agency, said on Thursday. Testifying to the House of Representatives Intelligence Committee on cyber threats, Rogers said digital attackers have been able to penetrate such systems and perform "reconnaissance" missions to determine how the networks are put together. ...
Obama's immigration tweaks leave Big Tech wanting more
By Noel Randewich and Roberta Rampton SAN FRANCISCO/WASHINGTON (Reuters) - President Barack Obama plans to make life a little easier for some foreign tech workers, but Silicon Valley representatives are disappointed his immigration rule changes will not satisfy longstanding demands for more visas and faster green cards. In a speech on Thursday, Obama outlined plans to use executive authority to help millions of undocumented people. He also announced minor adjustments to cut red tape for visa holders and their families, including letting spouses of certain H-1B visa holders get work permits. ...
Singapore to regulate taxi-booking apps Uber, GrabTaxi
SINGAPORE (Reuters) - Singapore said on Friday it plans to regulate fast-growing third-party taxi booking services like Uber and GrabTaxi for the first time, capping fees and requiring them to dispatch only licensed cabs and drivers. Under new rules to take effect in second-quarter 2015, operators of the increasingly popular services based on mobile phone applications will be required to register with Singapore's Land Transport Authority (LTA). The LTA said the fees charged by the booking services could not exceed those of regular taxi companies. ...