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By Sarah McBride SAN FRANCISCO (Reuters) - Billionaire media owner Pierre Omidyar is backing news and entertainment web site Gawker Media in its lawsuit against wrestler Hulk Hogan, adding a new twist to a case pitting technology money against press freedom. Omidyar, owner of The Intercept publisher First Look Media, is asking other media outlets to file legal briefs in support of Gawker, First Look said in a statement on Friday. First Look said its goal was to protect constitutional rights.
India's biggest conglomerate Tata Group launched an ecommerce venture on Friday, as it seeks to cash in on rising purchasing power in a market dominated by deep-pocketed international retailers and startups backed by global tech investors. The group said it developed its Tata Cliq website over a year and a half at a cost of "several hundred million dollars" to be a marketplace for inhouse and partner companies to sell apparel and electronics. The move is in line with a second phase in Indian ecommerce development, with the some of the country's oldest and largest corporations entering an industry established in the last five years by startups Snapdeal and Flipkart Online Services Pvt Ltd [IPO-FLPK.N].
By Dustin Volz WASHINGTON (Reuters) - An effort in the U.S. Senate to expand the Federal Bureau of Investigation's authority to use a secretive surveillance order has delayed a vote on a popular email privacy bill, casting further doubt on whether the legislation will become law this year. The Senate Judiciary Committee on Thursday postponed consideration of a measure that would require government authorities to obtain a search warrant before asking technology companies, such as Microsoft and Alphabet Inc’s Google , to hand over old emails. A version of the Senate bill unanimously passed the House last month.
The apps, like Instagram, Hipstamatic, DailyBooth and PicPlz, have been small-time projects, but now a few are trying to become real businesses.
Google’s acquisition of passwords, e-mails and other personal data from unsuspecting people may have violated the Communications Act.
Samsung and LG Electronics have moved into the realm of leadership in the technology industry, but as smartphones take the world by storm, they have remained largely confined to the sidelines.
Despite the company’s strong performance, shares fell close to 10 percent in after-hours trading after the earnings release.
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