The New York Times Co plans to develop two or three new standalone digital products next year focused on lifestyle topics as part of its push to get more people to pay for its content beyond traditional news.
Israel is planning to send tax bills within a year to Google and Facebook, financial newspaper TheMarker reported on Wednesday, joining efforts by several countries to get the internet giants to pay more tax.
Amazon.com Inc has scrapped plans to launch an online streaming service bundling popular U.S. broadcast and cable networks because it believes it cannot make enough money on such a service, sources said.
Amazon.com is selling off the hardware from its public cloud business in China, amid tightening regulation over online data that is creating a hurdle for technology firms operating in the world’s second-largest economy.
Snap Inc. is redesigning its disappearing-message app Snapchat in an attempt to reach a broader audience, going back to the drawing board as Wall Street clobbered it for another quarter of slowing user growth.
Periscope, a mobile app that lets users live-stream video, said Wednesday it will give back nearly all earnings from a select program to its creators, likely an effort to face growing competition in streaming video.
Facebook continued its romp in the advertising market, posting a 49% rise in ad sales for the third quarter to $10.14 billion, about 88 percent of which came from mobile ads. Quarterly profits spiked to 79%.
A film pre-released in Amsterdam and Milan has given voice to the creative team of Maison Martin Margiela, shedding light on the visionary designer who remains one of the fashion world's most enigmatic figures.