AOL shares fall; report of possible Yahoo tie-up
NEW YORK (Reuters) - Investors sent shares of AOL down over 5 percent on Friday after conflicting reports about a possible tie-up between AOL and Yahoo . AOL Chief Executive Tim Armstrong reportedly approached private equity firms to gauge interest in a deal with Yahoo that would place Armstrong as the head of the combined company, according to a Bloomberg report.
Internap not for sale, bets on data center growth: CEO
(Reuters) - Internap Network Services Corp , a provider of services that help improve Internet connectivity, is not up for sale at a time when a wave of consolidation is sweeping through the fast-growing telecom networking industry. Bankers and analysts had identified Internap as a potential target for bigger rivals amid a scramble to tap into strong demand for 'cloud computing' that allows remote access to computing power and data over the Internet.
Apple wins German court ruling on Samsung tablets
DUESSELDORF, Germany (Reuters) - Apple Inc scored a symbolic legal victory in efforts to keep its lead spot in the tablet computer market when a German court upheld a ban barring Samsung's local unit <005930.KS> from selling its Galaxy 10.1 tablets in Europe's biggest economy. Samsung, which said it will appeal the decision, and Apple have been locked in a global battle over smartphone and tablet patents since April.
AT&T fights back at U.S. challenge of T-Mobile deal
WASHINGTON (Reuters) - AT&T Inc and T-Mobile USA fought back against the Justice Department's challenge to their proposed merger, arguing the deal would "usher in more intense competition." AT&T and T-Mobile, owned by Deutsche Telekom AG , argued in a federal court filing on Friday that the massive $39 billion deal would free up spectrum and create new capacity for Americans whose mobile devices are transmitting increasingly large amounts of data.
NBC News Twitter hacked with fake attack messages
LOS ANGELES (Reuters) - The NBC News Twitter feed was hacked on Friday by a group that claimed a hijacked plane, in a fresh attack, had crashed into the site where New York's twin towers were destroyed in September 11 attacks 10 years ago. The hoax by a group called The Script Kiddies came just two days before the United States marks the 10th anniversary of the 2001 attacks on New York's World Trade Center and the Pentagon in Washington.
John Wiley eyes greater share of e-book sales: CEO
(Reuters) - Publisher John Wiley & Sons Inc said it is planning a major digital push to grab a bigger slice of the lucrative e-book market, which is witnessing an explosive growth, fueled by the popularity of tablets and e-readers. "Some of the larger publishing houses have 25-30 percent of sales from e-books. We hope to achieve those levels," Chief Executive Stephen Smith told Reuters in an interview.
NinjaVideo illegal downloading site operators indicted: ICE
WASHINGTON (Reuters) - A federal grand jury has indicted five individuals involved with the website NinaVideo.net with conspiracy and copyright infringement, U.S. Immigration and Customs Enforcement said on Friday. The site provided millions the ability to illegally download high-quality, copyrighted movies and television programs, ICE said in a statement.