Webwire: Yahoo may cut thousands of jobs; App Store downloads hit 25b

Staff writer
06 Mar 2012
00:00
News
Daily News

Yahoo said to plan thousands of job cuts

Sources say Yahoo is considering cutting a significant percentage of its staff, likely to number in the thousands, as the company grapples with declining online advertising market share.

Bloomberg

Apple awards $10k prize as downloads hit 25b

Apple has awarded a gift card worth $10,000 to the customer who downloaded the 25 billionth app on the App Store, China's Chunli Fu.

CRI English

BSNL may get $120m to support rural business

Indian regulator Trai has proposed allocating struggling state-owned operator BSNL an initial 6 billion rupees ($120.4 million) to fund its lossmaking fixed-line business in rural India, and then set an annual subsidy figure after a consultation.

Economic Times

NZ man sues Google over defamatory web content

A New Zealand medical practitioner has sued Google New Zealand for defamation, over Google's continued indexing of a libelous online review posted at a third-party website, marking the first time the liability of web service providers for defamatory content has been tested in the country.

Stuff.co.nz

FTC asked to probe Apple, Google privacy

A US Senator is calling for a Federal Trade Commission probe into Apple and Google’s privacy policies, following a New York Times report that claims iOS and Android applications can upload photos without the user’s consent.

Reuters

Verizon defends spectrum purchase plan

US operator Verizon has defended as good for consumers the planned $3.9 billion acquisition of spectrum from a group of cable companies, after rival T-Mobile USA objected to the deal as likely to impede competition.

Wall Street Journal

WIPO hearing ten .xxx squatting complaints

Insiders at the World Intellectual Property Organization (WIPO) say the body is already processing 10 complaints against cybersquatters who have registered .xxx domains using the names of notable companies and people.

Reuters

Jackson tracks hacked from Sony Music

Michael Jackson’s entire back catalog is among 50,000 files allegedly stolen from Sony Music by a pair of UK-based hackers.

The Telegraph

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