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SAN FRANCISCO, United States (AFP) — Popular online bulletin board Pinterest is getting ready for a stock market debut early next year at a valuation of $12 billion or more, according to a Wall Street Journal report. The San Francisco-based startup could have an initial public offering of shares as soon as April, according to Journal, which did not name sources for the information. Pinterest is a virtual bulletin board platform, with users decorating their […]
WASHINGTON, United States (AFP) — US cable company Comcast, which in December dropped an attempt to acquire 21st Century Fox, is considering relaunching that bid even though Walt Disney Co. has reached a deal, the Wall Street Journal reported. The report, based on sources close to the matter, comes as Disney works to complete a $66.1 billion acquisition of part of Rupert Murdoch’s empire. If approved by antitrust authorities, Fox would add the 20th Century […]
(REUTERS) Republican Donald Trump said on Monday he would work closely with NATO allies to defeat Islamic State militants if he wins the White House, reversing an earlier threat that the United States might not meet its obligations to the Western military alliance. In a policy speech, Trump said he would wage a multi-front “military, cyber and financial” war against Islamic State, although it was not clear how that would differ from the Obama […]
SAN FRANCISCO, United States (AFP) — Apple is exploring the purchase of rival music streaming service Tidal, which is run by rap star Jay-Z, the Wall Street Journal reported Thursday. The paper said Apple is interested in using the company to beef-up its own year-old steaming service Apple Music. Talks between the companies are ongoing and might not result in a tie-up, the Journal said, citing unnamed people familiar with the matter. Executives at Tidal […]
NEW YORK — United States (AFP) — Facebook said Tuesday it has signed a series of deals to pay celebrities and media companies to produce content for its new live video streaming service. The test program calls for “a relatively small number partners that includes a broad range of content types from regions around the world” receiving “temporary financial support to encourage experimentation with this new format,” Facebook said in a statement. The Wall Street […]
(REUTERS) More than 50 State Department diplomats have signed an internal memo sharply critical of U.S. policy in Syria, calling for military strikes against President Bashar al-Assad’s government to stop its persistent violations of a civil war cease-fire. The “dissent channel cable” was signed by 51 mid- to high-level State Department officers involved with advising on Syria policy. It was first reported by The Wall Street Journal. The cable calls for “targeted military strikes” against […]
WASHINTON, United States (AFP) — The US Federal Bureau of Investigation suspects the computer hacking theft of $81 million from Bangladesh’s central bank was in part an inside job, the Wall Street Journal reported Tuesday. Quoting sources familiar with the matter, the Journal said FBI agents investigating the case “have found evidence pointing to at least one bank employee acting as an accomplice.” But it added that “a handful of others” may have also aided […]
(REUTERS) The NATO alliance is weighing rotating four battalions of troops through Eastern member states, U.S. Defense Secretary Ash Carter said on Monday, in the latest proposal by allies to guard against aggressive behavior by Russia. The Baltic states – Estonia, Latvia and Lithuania – which joined NATO in 2004, have requested greater presence of the alliance, fearing a threat from Russia after it annexed the Crimea peninsula from Ukraine in 2014. Carter acknowledged NATO […]
SAN FRANCISCO, United States (AFP) — The US is looking into whether free Android mobile software is giving an unfair advantage to other Google offerings such as its search engine, the Wall Street Journal reported Tuesday. Federal Trade Commission (FTC) staffers have met with companies in recent months about concerns that Alphabet-owned Google is abusing the dominant position of Android software for powering smartphones or tablets, according to the Journal. Concerns at issue are similar […]
SAN Francisco, United States (AFP) — Yahoo Inc. has given prospective buyers until April to present preliminary offers for some of its assets, the Wall Street Journal reported late Monday. In letters to potential suitors, the troubled Internet company asked them what assets they were interested in, how they would finance such acquisitions and what terms would have to be met on their end, the newspaper said, quoting people familiar with the matter. The paper […]
