Media and Technology 2012
PARIS - WPP boss Martin Sorrell struck a more conciliatory tone on Thursday, after shareholders voted against a multi-million pound pay award he had vigorously defended, saying he understood income inequality sparked strong feelings in a recession.
PARIS - Digital music services battling to build a serious business out of selling tracks online need to embrace social media, smartphones and emerging markets, two of the most successful companies told the Reuters Media and Technology Summit.
NEW YORK - A deepening euro zone crisis, tepid U.S. job creation and slowing growth in China have prompted some media and technology companies to sound a stronger note of caution for the rest of the year, executives in those industries said at the Reuters Global Media and Technology Summit this week.
- Frustrated by their inability to stop sophisticated hacking attacks or use the law to punish their assailants, an increasing number of U.S. companies are taking retaliatory action.
(Editor's note: Paragraph 14 contains language that may be offensive to some readers)
PARIS - European telecom operators are planning to charge customers more for faster new fourth-generation mobile services in the hope of recouping massive network investments and clawing back lost pricing power.
NEW YORK - Financial Times, which gets nearly a third of its revenue from digital subscriptions, expects BlackBerry smartphones to become less important for corporate executives as BlackBerry loses market share to devices like Apple Inc's iPhone and Google Inc's Android-based system.
NEW YORK - Small, tuck-in acquisitions and a growing services business will boost revenue and profit margins for Xerox Corp , which is in the midst of trying to shed its stodgy image as a printer and copier company, its chief executive said.
NEW YORK - YouTube's boss said that cable television channels with small audiences will in the future migrate to the Web and become available on a stand-alone basis, potentially making a home for themselves on the No.1 video website.
NEW YORK - Scores of U.S. companies have not disclosed breaches of their computer systems, even though eight months have passed since U.S. securities regulators issued guidelines on disclosing cyber attacks, according to leading security experts.
- Israeli mobile chip designer Ceva Inc expects to double its share of the market for third generation (3G) mobile phones to 50 percent in three years, its chief executive said.
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