(Reuters) - A legal battle erupted between DISH Network and some of the major broadcast networks Thursday as the two sides traded lawsuits over the satellite distribution company's "Hopper" DVR, which threatens to bring down the television business model by allowing viewers to skip over commercials entirely. Dish Network Corp asked a Manhattan federal judge to declare that its "Auto Hop" feature does not infringe any copyright owned by the four major U.S. television networks: Walt Disney Co's ABC, CBS Corp's CBS, News Corp's Fox and Comcast Corp's NBC. ...
(Reuters) - Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders. A technical glitch delayed the social networking company's market debut by 30 minutes on Friday and many client orders were delayed, giving some investors and traders significant losses as the stock price dropped. The exchange operator is facing lawsuits from investors and threats of legal action from brokers. ...
NEW YORK (Reuters) - A story by Pulitzer Prize-winning author Jennifer Egan for the New Yorker is being serialized in 10 installments on Twitter, according to the magazine. The New Yorker said the first installment of the story, a spy thriller called "Black Box, went out on Thursday night. "The story is written in terse dispatches of 140 characters or less, which will be tweeted, through The New Yorker Fiction Department's Twitter handle, @NYerFiction, in ten nightly installments between 8 and 9 P.M. E.T," it said in a statement. ...
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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