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Amazon and Viacom close to Web video deal

By Yinka Adegoke Tue Feb 7, 2012 5:50pm EST (Reuters) – Amazon.com Inc is about to announce a Web video deal with Viacom Inc in what sources said was one of the last steps in a plan to launch a standalone subscription service to compete with Netflix Inc. The online retailer will unveil the deal [...]

Hacker releases Symantec source code

By Joseph Menn and Frank Jack Daniel Tue Feb 7, 2012 6:27pm EST (Reuters) – A hacker released the source code for antivirus firm Symantec’s pcAnywhere utility on Tuesday, raising fears that others could find security holes in the product and attempt takeovers of customer computers. The release followed failed email negotiations over a $50,000 [...]

Exclusive: Facebook governance a concern for Calif pension fund

By Paritosh Bansal and Soyoung Kim NEW YORK | Mon Feb 6, 2012 8:57pm EST NEW YORK (Reuters) – Facebook’s corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State [...]

Verizon, Redbox plan Netflix challenge

By Sinead Carew and Yinka Adegoke Mon Feb 6, 2012 7:10pm EST (Reuters) – Verizon Communications Inc and Coinstar’s Redbox unit have formed a joint venture to sell video services aimed at competing against video rental giant Netflix Inc. The venture will combine the Redbox DVD rental kiosk business with an Internet video offering from [...]

Olympus ex-CEO Woodford sees more revelations

TOKYO/LONDON | Sun Feb 5, 2012 5:54pm EST TOKYO/LONDON (Reuters) – Official investigations into a massive fraud at Japan’s Olympus Corp are highly likely to lead to further revelations on the scandal soon, according to the firm’s former chief executive, Michael Woodford, who blew the whistle on the affair. The maker of cameras and medical [...]

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