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Alibaba signs deal to offer Disney shows on video platforms
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SINGAPORE (Reuters) – Alibaba Group Holding Ltd’s entertainment arm has signed a licensing agreement with Walt Disney Co in a deal that will provide the Chinese group’s Youku video streaming platform with the largest Disney animation collection in China. Alibaba said in a press release on Monday that the multi-year licensing agreement signed between Alibaba […]

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Alibaba kicks off sponsor deal in Pyeongchang
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PYEONGCHANG (Reuters) – Alibaba Group Holding Ltd (BABA.N) is launching a project that will create a “smarter” and more connected athletes’ village and stadia and make all Olympics stakeholders “more money”, its executives said on Saturday. Many of Alibaba’s plans are still concepts since it has not had enough time to implement its technology after […]

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U.S. Olympic Curler Is Reminding Everyone of ‘Super Mario’
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The Pyeongchang Winter Olympics have a surprise participant: a Mario lookalike. TV viewers watching U.S. curling team members Matt Hamilton and his sister Becca noticed something interesting about him: He looked an awful lot like Mario, the famed character from Nintendo’s popular Super Mario video game franchise. A Twitter user shared the observation on Wednesday […]

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Nvidia's upbeat forecast powered by data center, cryptocurrency demand
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(Reuters) – Nvidia Corp’s (NVDA.O) upbeat current-quarter revenue forecast on Thursday underscored surging demand for its graphics chips used in data centers, gaming devices and cryptocurrency mining, sending its shares up as much as 12 percent in extended trading. The company, which also reported better-than-expected quarterly results, is reaping the benefits from the launch of […]

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Feds Take Down Infraud, a $530M Cybercrime Forum That Lasted 7 Years
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With the rise and fall of dark web black markets like Alphabay and the Silk Road, law enforcement officials have repeatedly warned that even anonymity tools like Tor and cryptocurrencies won’t hide criminals from the law’s long reach. But the most recent takedown of another massive cybercrime forum carries a different lesson: It’s still possible […]

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Akamai revenue, profit top estimates on robust cloud demand
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(Reuters) – Akamai Technologies Inc’s (AKAM.O) profit and revenue topped analysts’ estimates on Tuesday, and the company said it had cut about 400 positions, or 5 percent of its global workforce. The company’s shares were up 8.2 percent at $68.87 in extended trading. Activist investor Elliott Management, which has disclosed a 6.5 percent stake, would […]

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Watch General Electric After Last Week's Stock Market Drop
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Last week’s 4% drop in the markets will catch perma-bulls off guard for good reason: the market did not have any major correction in nearly two years. On its steep journey up, the S&P 500 (SPY) Index fell just three times since 2015. After breaking out of its range at the end of 2016, the […]

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Apple and Cisco Team Up on Cybersecurity Insurance
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Apple and Cisco are now offering insurance policies to companies to protect them financially against cyber attacks. The insurance policies are part of a broader package that also includes corporate security reviews. As part of the package, professional services firm Aon will perform security consulting for companies, while insurance firm Allianz will provide discounted cyber […]

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Seattle finds Facebook in violation of city campaign finance law
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SAN FRANCISCO (Reuters) – Seattle’s election authority said on Monday that Facebook Inc is in violation of a city law that requires disclosure of who buys election ads, the first attempt of its kind to regulate U.S. political ads on the internet. Facebook must disclose details about spending in last year’s Seattle city elections or […]

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