Technology

  • Photo illustration of the SWIFT logo

    By Krishna N. Das and Ruma Paul DHAKA (Reuters) - Bangladesh police are reviewing a nearly forgotten 2013 cyber heist at the nation’s largest commercial bank for connections to February's $81 million heist at the country's central bank, a senior law enforcement official said on Wednesday. The unsolved theft of $250,000 …

  • Tribune gets $70.5 million investment, rejects Gannett … Reuters - Tue, May 24, 2016 10:26 AM SGT
    People walk past the building of Los Angeles Times newspaper, which is owned by Tribune Publishing Co, in Los Angeles

    Tribune Publishing Co, owner of the Los Angeles Times and the Chicago Tribune, said Los Angeles billionaire Patrick Soon-Shiong has invested $70.5 million in the company, becoming its second largest shareholder. Tribune also rejected Gannett Co Inc's latest takeover offer of $15 per share, but said on Monday that it would …

  • Kanye West is sued by Hungarian rock star for alleged … Reuters - Tue, May 24, 2016 12:21 AM SGT
    Entertainer Kanye West arrives at the Met Gala in New York

    Kanye West is being sued by a prominent Hungarian rock singer and composer, who accused the hip-hop star of sampling one of his best-known compositions without permission for the 2013 song "New Slaves." In a complaint filed late Friday in U.S. District Court in Manhattan, Gabor Presser said one-third of "New Slaves," which …

  • Tribune gets $70.5 million investment from billionaire … Reuters - Mon, May 23, 2016 11:09 PM SGT
    People walk past the building of Los Angeles Times newspaper, which is owned by Tribune Publishing Co, in Los Angeles

    Tribune Publishing Co, the owner of the Los Angeles Times and the Chicago Tribune, said billionaire Patrick Soon-Shiong invested $70.5 million in the company, becoming its second largest shareholder. Tribune also rejected Gannett Co Inc's latest takeover offer, but said on Monday that it would allow the publisher of USA …

  • Sumner Redstone arrives at premiere of The Guilt Trip in Los Angeles

    Media mogul Sumner Redstone is planning to name National Amusements Inc general counsel Tad Jankowski to the seven-person trust that will determine the fate of both Viacom and CBS in the event of Redstone's incapacitation or death, sources familiar with the situation told Reuters on Sunday. In addition, Redstone is set …

  • Developers look to widen repertoire of Pepper, Japan's … Reuters - Fri, May 20, 2016 3:26 PM SGT
    SoftBank's emotion-reading robot Pepper is seen during a demonstration at the company's headquarters in Tokyo

    Japanese developers of a robot are asking the public to come up with ideas for what their waist-high humanoid can do and they are offering a software development kit for programmers to get creative. The fast-selling robot, known as Pepper, can already laugh and serve coffee and is being used as a waiter, salesman and customer …

  • Android's 'n-word' poll sparks online  … Reuters - Thu, May 19, 2016 11:40 AM SGT
    Dave Burke speaks during the Google I/O 2016 developers conference in Mountain View, California

    Google's Android ran afoul of social media users on Wednesday after encouraging people to nominate a word starting with the letter "N" for the latest version of its mobile operating platform. An Android website asked for submissions for "any tasty ideas that start with the letter N" for its new "Android N" operating platform, …

  • Viacom board votes to stop paying Sumner Redstone Reuters - Thu, May 19, 2016 5:27 AM SGT
    Redstone, executive chairman of CBS Corp. and Viacom, arrives at premiere of "The Guilt Trip" starring Streisand and Rogen in Los Angeles

    (Reuters) - Viacom Inc's board voted on Wednesday to stop paying 92-year-old controlling shareholder and Chairman Emeritus Sumner Redstone, according to a source familiar with the matter. Viacom had cut the total pay of its billionaire chairman, who also owns a majority stake in CBS , by 85 percent to $2 million last …

  • Virtual reality films comes to Cannes, Spielberg sounds … Reuters - Wed, May 18, 2016 9:55 PM SGT

    By Matt Gooderick CANNES, France (Reuters) - Virtual reality movie-making is taking flight at this year's Cannes Film Festival alongside traditional film offerings. A pavilion is dedicated to the immersive technology, with virtual reality film screenings and discussions as part of the festival's tandem Marche du Film …

  • Gannett raises Tribune offer to about $864 million … Reuters - Tue, May 17, 2016 12:50 AM SGT
    The Chicago Tribune building is seen in Chicago

    Gannett Co Inc, the publisher of USA Today, raised its unsolicited offer for Tribune Publishing Co to $15 per share from $12.25, valuing the publisher of the Chicago Tribune and the Los Angeles Times at about $475 million. Tribune's board adopted a shareholder rights plan earlier this month to thwart Gannett. Gannett …

  • Game on: Nintendo eyes expansion into film busines … Reuters - Mon, May 16, 2016 2:49 PM SGT
    A man rides an escalator past an advertisement of the Nintendo Co videogame maker at an electronic retailer in Tokyo

    Nintendo Co Ltd is in talks with several global production companies about expanding its video content business, including making movies, said Tatsumi Kimishima, president of the Japanese videogame maker. The move is aimed at strengthening Nintendo's character business and expanding the global gaming population, he told …

  • UK receptionist petition on high heels at work gets … Reuters - Fri, May 13, 2016 10:10 PM SGT
    A woman walks down street in central Kiev

    A London temporary worker, sent home for wearing flat shoes, has collected more than 120,000 signatures so far in a petition calling for Britain to make it illegal for a firm to require women to wear high heels at work. Reaching that total on Friday easily put Nicola Thorp's petition over the 100,000-signature threshold …

  • Wider Image: Italy's violin-makers struggle to … Reuters - Fri, May 13, 2016 1:55 AM SGT
    The Wider Image: Cremona - city of violins

    Making violins is a passion in Cremona, the ancient Italian town that has been producing them since the 16th century, but turning passion into profits has not been easy. Cremona, in northern Italy, has more than 100 workshops making violins and other stringed instruments for musicians worldwide, following in the tradition …

  • Angry Birds maker Rovio bets nest egg on 3D movie Reuters - Fri, May 13, 2016 12:48 AM SGT
    Angry Birds characters Bomb, Chuck and Red are pictured during the premiere in Helsinki

    By Tuomas Forsell and Jussi Rosendahl HELSINKI (Reuters) - Finnish smartphone games maker Rovio Entertainment Ltd is hoping to revive the cool of its widely-known but aging Angry Birds franchise with an animated 3D Hollywood film financed out of its own pocket. The original Angry Birds, launched in 2009, remains the top …

  • Live from Springfield, it's Homer Simpson! Reuters - Thu, May 12, 2016 9:02 PM SGT
    The Simpsons showrunner Al Jean poses in his office during behind-the-scenes look at the longest-running animated show in history at 20th Century Fox Studios in Los Angeles

    By Piya Sinha-Roy LOS ANGELES (Reuters) - During his 27-year tenure as the bumbling patriarch of Fox's animated series "The Simpsons," Homer Simpson has achieved many impossible things, from space travel and becoming a superhero to destroying Springfield and winning a Pulitzer Prize. At the end of Sunday's 595th episode …

  • Britain imposes stricter regulation on BBC Reuters - Thu, May 12, 2016 6:48 PM SGT
    The main entrance to the BBC headquarters and studios in Portland Place, London.

    The British government said the publicly-funded BBC would not regulate itself in future, with a new unitary board taking over the responsibilities of the BBC Trust and external regulator Ofcom being brought in to oversee the corporation. "It is no longer supportable for the BBC to regulate itself," Culture Secretary John …

  • China tech workers asleep on the job - with the boss's … Reuters - Wed, May 11, 2016 9:13 PM SGT
    The Wider Image: Working, eating and sleeping at the office

    Dai Xiang has slept his way to the top. The head of the "large clients" department usually retires to the room shared with one or two others between midnight and 3 a.m. "We have to get up at 8:30 a.m. because all our co-workers come to work at 9:30 and we wash in the same bathroom everyone uses," said Liu.

  • Disney reports rare earnings miss, shares sink Reuters - Wed, May 11, 2016 11:14 AM SGT
    Disney earnings

    Walt Disney Co, an investor favourite for consistently beating Wall Street earnings targets, reported a rare miss on Tuesday as advertising and subscriptions declined at sports channel ESPN and theme park revenue came in weaker than expected. The home of Mickey Mouse got a boost from animated hit film "Zootopia" but it …

  • 'Star Wars Battlefront' powers EA's profit, … Reuters - Wed, May 11, 2016 11:12 AM SGT
    An Electronic Arts (EA) video game logo is seen at the Electronic Entertainment Expo, or E3, in Los Angeles

    Video-game publisher Electronic Arts Inc, known for titles such as "FIFA" and "Battlefield", reported quarterly revenue and profit above analysts' estimates, riding on the success of its "Star Wars Battlefront" game and new launches. The company said its "Star Wars Battlefront" game, which was launched in November, sold …

  • Cannes Film festival general delegate Thierry Fremaux attends a news conference to announce the competing films at the 69th Cannes Film Festival in Paris

    By Mike Davidson CANNES, France (Reuters) - The Cannes film festival is partly opening the door for streaming video giants this year, allowing Amazon to make its debut on the Croisette while leaving Netflix out of its 69th annual session. Festival director Thierry Fremaux says Amazon's presence is good news because …

  • Viacom board weighs further cuts in Redstone's … Reuters - Tue, May 10, 2016 8:31 AM SGT

    (Reuters) - Viacom Inc's board is considering whether to further cut the pay of its Chairman Emeritus Sumner Redstone, the Wall Street Journal reported, citing people familiar with the matter. Viacom and CBS Corp board members are also planning to visit Redstone, the chairman of the two companies, to investigate his …

  • New lawsuit alleges paid informants, pricey escort … Reuters - Tue, May 10, 2016 8:31 AM SGT
    Sumner Redstone executive chairman of CBS Corp. and Viacom at premiere of "The Guilt Trip" starring Streisand and Rogen in Los Angeles

    By Lisa Richwine LOS ANGELES (Reuters) - Even as a Los Angeles judge dismissed one case brought by a former girlfriend of media mogul Sumner Redstone, she filed a new lawsuit that threatens to keep salacious allegations about the 92-year-old's lifestyle alive. The new complaint, filed by Manuela Herzer, 52, in Los Angeles …

  • Bahamian accused of hacking celebrities' emails … Reuters - Mon, May 9, 2016 11:49 PM SGT

    By Nate Raymond NEW YORK (Reuters) - A Bahamian man accused of hacking into celebrities' email accounts to steal unreleased movies and television scripts, personal information and sexually explicit videos that he then tried to sell pleaded guilty on Monday. Alonzo Knowles, who was arrested in December after allegedly …

  • Pussy Riot founder sets sites on Russian media Reuters - Mon, May 9, 2016 9:59 PM SGT
    Pussy Riot punk band members Alyokhina and Tolokonnikova talk to reporters at the U.S. Capitol in Washington

    By Jonathan Weber VILNIUS (Reuters) - Pussy Riot punk performer Nadya Tolokonnikova is looking for a new audience -- readers and, ideally, financial backers who can turn her two-year-old news website into a full-blown contender on Russia's media scene. Giants like Facebook and Twitter - used by protest movements from …

  • As single mom, Facebook's Sandberg 'leans in' … Reuters - Mon, May 9, 2016 11:16 AM SGT
    Sandberg COO of Facebook attends the session "The Transformation of Tomorrow" during the annual meeting 2016 of the WEF in Davos

    Facebook Inc's No. 2 executive, Sheryl Sandberg, paid a Mother's Day tribute to single moms, acknowledging she never fully understood the difficulty of raising children without a spouse or partner until her husband died last year. "I did not really get how hard it is to succeed at work when you are overwhelmed at home," …

  • News Corp's quarterly revenue falls 7.3 percent, … Reuters - Fri, May 6, 2016 10:54 AM SGT
    Media mogul Rupert Murdoch leaves his home in London

    News Corp , owner of the Wall Street Journal and book publisher HarperCollins, reported its fifth drop in quarterly revenue in a row as print ad sales declined and a strong dollar hit income from outside the United States. News Corp reported a net loss available to shareholders of $149 million, or 26 cents per share, in …

  • News Corp's quarterly revenue falls 7.3 percent, … Reuters - Fri, May 6, 2016 5:01 AM SGT
    Media mogul Rupert Murdoch leaves his home in London

    (Reuters) - News Corp , owner of the Wall Street Journal and book publisher HarperCollins, reported its fifth drop in quarterly revenue in a row as print ad sales declined and a strong dollar hit income from outside the United States. News Corp reported a net loss available to shareholders of $149 million, or 26 cents …

  • To match Special Report USA-HEALTHCARE/WELLNESS

    Discovery Communications Inc, the owner of the Discovery Channel and Animal Planet, reported a 2 percent rise in quarterly revenue as advertising and distribution revenue improved at its U.S. networks. Discovery, which gets more than half its revenue from international networks, said revenue rose to $1.56 billion from …

  • Time Inc revenue rises as digital acquisitions pay Reuters - Thu, May 5, 2016 7:32 PM SGT

    Magazine publisher Time Inc's quarterly revenue rose for the first time in six quarters, helped by acquisitions in its digital business. Time Inc, like other newspaper and magazine publishers, has been beefing up its digital services to cope with diminishing revenue from the print business. Digital advertising revenue …

  • Dom Sebastiao statue is seen at Rossio station in downtown Lisbon

    A young man's attempt to take a selfie snapshot with the statue of a 16th century Portuguese king ended badly when the 126-year-old statue crashed to the ground and shattered, police said on Wednesday. The man, whom police did not identify, accidentally toppled Dom Sebastiao's statue after climbing up to its pedestal outside …

  • A woman walks past the Time Warner Center near Columbus Circle in Manhattan, New York

    Time Warner Inc reported higher-than-expected earnings on Wednesday on strong revenue from its HBO cable channel and Turner Broadcasting unit. Excluding special items, earnings were $1.49 per share. Analysts on average had expected a profit of $1.30 per share, according to Thomson Reuters I/B/E/S. Despite the profit …

  • Lower ad sales, higher costs pull down New York Times … Reuters - Wed, May 4, 2016 1:48 AM SGT
    The sun peaks over the New York Times Building in New York

    By Rishika S (Reuters) - The New York Times Co's adjusted operating profit fell 13 percent in the first quarter as ad sales declined in its print and digital businesses and costs rose. Shares of the publisher, which is spending heavily to strengthen its advertising technology, fell 4.4 percent to $12.32 in afternoon …

  • U.S. families struggling with teens' phone addiction … Reuters - Tue, May 3, 2016 11:29 PM SGT

    By Susan Heavey WASHINGTON (Reuters) - Half of teenagers in the United States feel addicted to their mobile phones, with most checking the devices at least every hour and feeling pressured to respond immediately to messages, a survey released on Tuesday found. The majority of parents concurred, with 59 percent of those …

  • Beyonce's 'Lemonade' tops Billboard, Prince … Reuters - Tue, May 3, 2016 1:37 AM SGT

    By Piya Sinha-Roy LOS ANGELES (Reuters) - R&B star Beyonce stormed to the top of the weekly U.S. Billboard 200 album chart with her surprise visual concept album "Lemonade," while late singer Prince's music dominated the chart as fans continued to remember his legacy through his music. "Lemonade," the sixth solo album …

  • New York Times to shut some Paris operations, cut  … Reuters - Wed, Apr 27, 2016 2:57 AM SGT
    A taxi passes by in front of The New York Times head office in New York

    The New York Times Co said on Tuesday it would close its editing and pre-press print production operations in Paris, resulting in the elimination or relocation of up to 70 jobs as it moves to cut costs at its international newspaper. "We need to rethink what the print New York Times means to our international, frequently …

  • Turner to launch streaming video service for film  … Reuters - Tue, Apr 26, 2016 6:06 PM SGT

    Turner Communications is expected to announce Tuesday that it is launching its own streaming video-on-demand service for film buffs this fall, according to a company statement reviewed by Reuters Turner, which is a division of Time Warner Inc, is the latest in a wave of media companies to launch its own over-the-top video …

  • Gannett bids on Tribune Publishing, wants an answe … Reuters - Tue, Apr 26, 2016 7:30 AM SGT
    The corporate flags for the Gannett Co and its flagship newspaper, USA Today, outside headquarters in McLean, Virginia

    Tribune Publishing Co is reviewing an unsolicited and possibly unwelcome $815 million takeover bid from Gannett Co Inc , a move by Gannett to gain scale as the newspaper industry continues to consolidate. Gannett, publisher of USA Today, announced on Monday that it had offered to pay $12.25 in cash per share of Tribune, …

  • Canada minister urges new media laws to boost local … Reuters - Sun, Apr 24, 2016 10:42 AM SGT

    Canada's Liberal government is prepared to overhaul the country's laws governing broadcasting, media and cultural industries to support local content, Heritage Minister Melanie Joly told the Globe and Mail in a report on Saturday, announcing a new policy direction in what she called a broken system. Canada's broadcast …

  • Robot monk blends science and Buddhism at Chinese  … Reuters - Sat, Apr 23, 2016 4:34 AM SGT
    Master Xianfan looks at robot monk Xian'er as he demonstrates the robot's conversation function during a photo opportunity in Longquan Buddhist temple on the outskirts of Beijing

    By Joseph Campbell BEIJING (Reuters) - A Buddhist temple on the outskirts of Beijing has decided to ditch traditional ways and use technology to attract followers. Longquan temple says it has developed a robot monk that can chant Buddhist mantras, move via voice command, and hold a simple conversation. Named Xian'er, …

  • By Alastair Macdonald and Foo Yun Chee BRUSSELS (Reuters) - Viacom's Paramount Pictures has offered EU regulators concessions aimed at averting a possible fine over geographical restrictions within Europe on movie licensing deals between Sky UK and six U.S. studios. The European Commission said the concessions proposed …

  • China official says film 'The Martian' shows … Reuters - Fri, Apr 22, 2016 7:40 PM SGT
    Actor Matt Damon poses for pictures during a news conference for the premiere of the film "The Martian" in Beijing, China

    By Michael Martina BEIJING (Reuters) - A senior Chinese space official said the Hollywood blockbuster "The Martian" is proof that Americans want to see the United States and China cooperate in space, but lamented Washington's ban on collaboration between the two countries. Advancing China's space programme is a priority …

  • In Asia, Netflix trips on regulation, content, and … Reuters - Fri, Apr 22, 2016 7:22 PM SGT
    The Netflix logo is shown in this illustration photograph in Encinitas, California

    By Nataly Pak and Eveline Danubrata SEOUL/JAKARTA (Reuters) - Months after its global rollout, Netflix Inc is facing problems in several major Asian markets as it struggles to provide enough strong content to attract consumers amid tough local competition, and also faces many regulatory hurdles, underlining concerns about …

  • Apple's book, film services go dark in China Reuters - Fri, Apr 22, 2016 5:07 PM SGT
    A man shows an example of an iBook textbook on an iPad after a news conference introducing a digital textbook service in New York

    By Paul Carsten BEIJING (Reuters) - Apple Inc's online book and film services have gone dark in China, after Beijing introduced regulations in March imposing strict curbs on online publishing, particularly for foreign firms. Attempts by Reuters on Friday to access Apple's iBooks Store and iTunes Movies services were met …

  • Censors, transparency watchdogs spar as Israeli archive … Reuters - Wed, Apr 20, 2016 11:59 PM SGT
    Lozowick, the director of the Israel State Archive, poses for a picture at the national archive in Jerusalem

    By Dan Williams JERUSALEM (Reuters) - The orderly world of archives is in tumult in Israel after an effort to enhance transparency has instead led to allegations that access to sensitive documents is being restricted. The dispute is rooted in laws requiring online publications to be submitted for military censorship, …

  • Viacom warns Dish TV viewers of blackout if contract … Reuters - Wed, Apr 20, 2016 12:04 PM SGT
    The MTV logo can be seen on a sign in front of the MTV studios in Times Square New York

    Viacom Inc on Tuesday began alerting Dish Network Corp's satellite TV subscribers that they might soon lose its networks, including Comedy Central, Nickelodeon and MTV, as an agreement between the companies is set to expire Wednesday night. The threat of losing Dish hit Viacom's shares, which dropped as much as 9 percent. …

  • In a world of look-alike cars, can Japanese pop culture … Reuters - Wed, Apr 20, 2016 11:27 AM SGT
    Yamaguchi, General Manager of Color Design Department, Global Design Center, stands next to Nissan Concept 2020 Vision Gran Turismo at the company's Global Design Center in Atsugi

    By Norihiko Shirouzu and Naomi Tajitsu TOKYO (Reuters) - Some of Japan's top automakers, with a reputation for quality performance wrapped in often bland design, are turning to the country's pop culture to give them "J-factor" and help set them apart in a world of increasingly look-alike cars. Designers of Nissan Motor's …

  • Sean Parker sets up $250 million cancer immunotherapy … Reuters - Wed, Apr 13, 2016 12:10 PM SGT
    Entrepreneur Sean Parker, founder of Napster, takes part in a panel during the Clinton Global Initiative's annual meeting in New York

    A $250 million grant from Silicon Valley billionaire Sean Parker, announced on Wednesday, aims to speed development of more effective cancer treatments by fostering collaboration among leading researchers in the field. The Parker Institute for Cancer Immunotherapy will include over 40 laboratories and more than 300 researchers …

  • WHAT'S THAT YOU SAY? U.S. weather agency stops … Reuters - Wed, Apr 13, 2016 10:51 AM SGT

    By Gina Cherelus NEW YORK (Reuters) - The U.S. National Weather Service had some news this week for readers who have grown up on social media, namely: THE AGENCY WILL STOP SHOUTING AT YOU NOW. The style looks archaic in a world where social media users interpret all-upper-case messages as shouting. "LISTEN UP! BEGINNING …

  • Copyright for civil rights anthem 'We Shall Overcome' … Reuters - Wed, Apr 13, 2016 3:46 AM SGT

    By Joseph Ax NEW YORK (Reuters) - The lawyers who successfully challenged the copyright to "Happy Birthday" have a new target: the civil rights anthem "We Shall Overcome." In a class action filed on Tuesday in New York federal court, the makers of a planned documentary film have asked a U.S. judge to declare the protest …

  • New York playwright sues makers of new 'Barbershop' … Reuters - Tue, Apr 12, 2016 10:28 AM SGT
    Cast member Ice Cube and the rest of the cast pose at the premiere of "Barbershop: The Next Cut" at TCL Chinese theatre in Hollywood

    A New York playwright filed a lawsuit on Monday claiming $20 million in damages and seeking to block Friday's opening in movie theaters of "Barbershop: The Next Cut," the fourth of a series of comedies that he claims rips off his stage play "Scissors." The lawsuit was filed by Ronald Dickerson, a writer, actor and film …

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