Technology

J.K. Rowling’s Pottermore Plans to Conjure Up Profit for 2017

By Eric Auchard FRANKFURT, Nov 22 – Pottermore, J.K. Rowling’s digital publishing company, expects to turn a profit in its current fiscal year, buoyed by rising sales of audio books and new ebooks that build on the nearly 20-year-old Harry Potter franchise, the company said on Tuesday. Launched as a fan community site in 2012,

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Irish Data Commissioner Steps Up Investigation into Yahoo Email Scanning

By Tom Bergin LONDON, Nov 21 – Ireland’s Data Protection Commissioner (DPC) said on Monday it was trying to ascertain if Yahoo! Inc’s decision to scan clients’ email accounts at the behest of the U.S. authorities last year broke European law. Sources have told Reuters that Yahoo used a software programme to sift through millions

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Tech Worker Visas Face Uncertain Future Under Trump, Sessions

By Stephen Nellis SAN FRANCISCO, Nov 21 – The main U.S. visa program for technology workers could face renewed scrutiny under President-elect Donald Trump and his proposed Attorney General, Senator Jeff Sessions, a long-time critic of the skilled-worker program. H-1B visas admit 65,000 workers and another 20,000 graduate student workers each year. The tech industry,

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Facebook’s Zuckerberg Discloses Steps to Fight Fake News

By David Bailey Nov 19 – Facebook Inc, facing withering criticism for failing to stem a flood of phony news articles in the run-up to the U.S. presidential election, is taking a series of steps to weed out hoaxes and other types of false information, chief executive Mark Zuckerberg said in a Facebook post Friday

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Novartis Backs Off From 2016 Date for Testing Google Autofocus Lens

ZURICH – Novartis has abandoned a 2016 goal to start testing its autofocus contact lens on people, though it said the groundbreaking product it is making with internet giant Google is “progressing steadily.” “It is too early to say when exactly human clinical trials for these lenses will begin,” a spokeswoman for the Basel-based drugmaker said

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Google, an Obama Ally, May Face Policy Setbacks Under Trump

By David Shepardson, Malathi Nayak and Julia Love WASHINGTON/SAN FRANCISCO, Nov 18 – Alphabet Inc’s Google faces a tougher regulatory landscape as U.S. President-elect Donald Trump’s incoming administration looks poised to reverse Obama administration policies that often favored the internet giant in the company’s battles with telecoms and cable heavyweights, analysts say. Google had close

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AOL to Cut 500 Jobs

By Malathi Nayak Nov 17 – Verizon Communications Inc’s AOL digital media company will lay off 5 percent of its workforce, or about 500 employees, to consolidate operations after recent acquisitions, a person familiar with the situation said on Thursday. Most of the cuts will be in corporate units, including human resources, finance, marketing and

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Russia Starts Blocking LinkedIn Website after Court Ruling

MOSCOW, Nov 17 – Russia’s communications regulator ordered public access to LinkedIn’s website to be blocked on Thursday to comply with a court ruling that found the social networking firm guilty of violating a data storage law. LinkedIn, which has its headquarters in the United States, is the first major social network to be blocked

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Snapchat Files for One of the Biggest Technology IPOs in Years

By Lauren Hirsch and Liana B. Baker Nov 17 – Snapchat has filed for an initial public offering, sources familiar with the situation said on Tuesday, which puts the messaging app a step closer to the biggest U.S. stock market debut since 2014. The Venice, California-based company could go public as soon as March and

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