(Reuters) – Snap Inc appears set to make a splash next week with the biggest tech stock debut since Facebook Inc, but history suggests investors shut out of the initial public offering would be better off waiting a bit to chase this unicorn on the open market.
WASHINGTON (Reuters) – The U.S. Federal Communications Commission will block Obama administration rules that subject broadband providers to stricter scrutiny than websites, a spokesman said on Friday, in a victory for internet providers like AT&T Inc , Comcast Corp and Verizon Communications Inc .
FRANKFURT/LONDON (Reuters) – Seeking to escape a cycle of falling prices and tight regulation, big telecom operators from Vimpelcom to Telefonica are set to reinvent themselves as internet players to escape the industry’s straight-jacket of low growth.
(Reuters) – Video game publisher ZeniMax Media Inc, which earlier this month won a $500 million verdict against Facebook Inc’s Oculus virtual reality unit and its founders for unauthorized copying of computer code, has asked a federal judge to block Oculus from using the code in its products.
(Reuters) – Baidu Inc reported a second straight drop in quarterly revenue as regulatory scrutiny into healthcare and related advertisements continued to take a toll on the Chinese internet search giant.