Category Archives: News and Views

Apple and Oracle vets’ Upthere raises $77 million to put a new spin on personal cloud storage | TechCrunch

Upthere isn’t your parents’ personal cloud storage service. The team behind the service, which is coming out of beta today with $77 million in financing from a slew of investors, believes that the cloud should be your primary storage and not just a place for keeping backups or helping you sync data between machines.

Upthere wants you to think of its service as the canonical location where your data lives. It’s now generally available for OS X/MacOS, Android and iOS, with the Windows and web apps hitting beta today.

The company had some help getting there with new financing led by KPCB and Western Digital, along with Floodgate, Elevation Partners, GV, NTT Docomo Ventures and Square 1 Bank.

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Paramount settles EU pay-TV probe but other studios hold out | Money CNN

Paramount has broken ranks with other Hollywood studios and agreed to ditch contentious contracts that restricted who could watch its movies on pay-TV in Europe.

Europe’s top regulator said Tuesday that Paramount will now allow customers across the European Union to access pay-TV content that had previously been restricted to the U.K. and Ireland.

Last year, the regulator accused Paramount and five competitors of illegally curbing European access to movies and TV shows through anti-competitive contracts with Britain’s Sky TV (SKYAY), part of Rupert Murdoch’s 21st Century Fox.

The other five studios the regulator fingered are: Disney (DIS), Comcast (CCV)-owned NBCUniversal, Sony (SNE), Twentieth Century Fox, also owned by 21st Century Fox (FOX), and Warner Bros. (Warner Bros. is a unit of Time Warner (TWX), which owns CNN.)

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Dove’s new campaign challenges how the media portrays women in sports | Mashable

Too muscular. Too short. Too stocky. Too young-looking.

Former gymnast and Olympic gold medalist Shawn Johnson was called a lot of things by the media in her time as an athlete. Often, few of them had anything to do with her athleticism.

Her mother would tell her over and over: “Honey, look at your success. Look how happy you are when you are out there on the floor. Don’t let what someone else is saying affect you.” Now, Johnson wants to be that voice for the next generations of girls, advocating for a shift in how we talk about female athletes.

Johnson announced on Tuesday that she’s teaming up with Dove to launch the #MyBeautyMySay campaign, encouraging the media and the general public to focus on the athletic ability of women in sports, not their looks.

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Verizon Will Acquire Yahoo for $4.8 Billion with Advertising Assets Being Added to AOL | Small Biz Trends

Verizon Communications Inc. today announced it has entered into an agreement to acquire Yahoo! Inc. for $4.83 billion. The acquisition only includes Yahoo’s core operating business, not its more valuable assets: Yahoo Japan and its $41 billion stake in Alibaba, the Chinese ecommerce company.

This is not the first time Verizon purchased an aging Internet giant. Last year, the company picked up AOL for $4.4 billion.

“The addition of Yahoo to Verizon and AOL will create one of the largest portfolios of owned and partnered global brands with extensive distribution capabilities,” says the announcement.

The purchase gives Verizon access to Yahoo’s more than 1 billion monthly users — 600 million of whom are mobile users — which is most likely what piqued its interest in the first place.

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Twitter Is Running Out of Time to Get Real About Fighting Abuse | WIRED

ANOTHER WEEK, ANOTHER eruption of abuse on Twitter. This time, it was Breitbart writer and self-anointed “supervillain of the Internet” Milo Yiannopoulos, whom the company finally banned after he stoked his followers into flooding Ghostbusters actress Leslie Jones with hateful and racist messages. Yiannopoulos went so far as to tweet out fake screenshots of things Jones supposedly but did not actually say on Twitter. In the end, Jones said she would leave Twitter altogether.

Twitter CEO Jack Dorsey was apparently aware of the situation, tweeting at Jones as early as Monday evening. But Twitter still took another day to finally kick Yiannopolous off the platform after facing considerable public pressure. On Thursday afternoon, Jones posted a short tweet saying she was grateful for the public’s support. “People should be able to express diverse opinions and beliefs on Twitter,” Twitter said in a statement addressing the incident. “But no one deserves to be subjected to targeted abuse online, and our rules prohibit inciting or engaging in the targeted abuse or harassment of others.”

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Amazon to enter student loan business | BBC News

E-commerce giant Amazon has entered the student loan business, teaming up with US bank Wells Fargo to offer lower interest rates to subscribers of its “Prime Student” services.

For an annual fee “Prime Student” gives subscribers discounts, free delivery and access to Amazon’s video streaming.

Wells Fargo is one of the largest providers of student loans in the US.

The deal should help the bank promote products and Amazon attract students.

“Prime Student” subscribers will be eligible for a 0.5% discount on Wells Fargo student loans.

In a statement, Wells Fargo’s head of personal lending John Rasmussen said: “We are focused on innovation and meeting our customers where they are – and increasingly that is in the digital space”.

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Russia should be banned from Rio Olympics, WADA says | NBC Sports News

The World Anti-Doping Agency’s executive board wants the IOC to ban all Russian teams from the Rio de Janeiro Olympics.

WADA issued a seven-point list of requests after it published a report which confirmed claims of state-backed Russian cheating at the Sochi Olympics and beyond.

WADA also wants Russian government officials to be denied access to international competitions, including the upcoming Olympics.

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