Internet News

  1. Delaware Court revives case over Pincus's Zynga stock sale

    The Zynga logo is pictured at the company's headquarters in San FranciscoBy Tom Hals WILMINGTON, Del. (Reuters) - The Delaware Supreme Court revived a lawsuit against Zynga Inc's controlling shareholder, Mark Pincus, and fellow board members for allegedly allowing leaders of the social gaming company to act on inside information and dump stock before it crashed in 2012. Delaware's high court ruled that the Court of Chancery erred when it dismissed the lawsuit against the board of Zynga, which created the online game Farmville, in February for procedural reasons. The ruling clears the way for the 2014 lawsuit by shareholder Thomas Sandys to proceed to discovery and trial, or for new motions to dismiss.

  2. Suspect in Washington pizzeria shooting wanted to save kids: police

    A general view of the exterior of the Comet Ping Pong pizza restaurant in WashingtonA man charged with firing an assault rifle in a packed Washington pizzeria on Sunday told police he had read online that children were being held as sex slaves there and he wanted to rescue them, police said on Monday. The Comet Ping Pong restaurant for weeks had been the subject of fake news stories claiming falsely that it was the hub of a child sex ring organized by 2016 Democratic presidential candidate Hillary Clinton. The stories were an example of a proliferation of fake news reports during the election year, often disseminated through websites purporting to be news outlets and quoting bogus sources.

  3. Web giants to cooperate on removal of extremist content

    A man walks past a YouTube logo at the YouTube Space LA in Playa Del Rey, Los AngelesBy Julia Fioretti BRUSSELS (Reuters) - Web giants YouTube, Facebook, Twitter and Microsoft will step up efforts to remove extremist content from their websites by creating a common database. The companies will share 'hashes' - unique digital fingerprints they automatically assign to videos or photos - of extremist content they have removed from their websites to enable their peers to identify the same content on their platforms. Tech companies have long resisted outside intervention in how their sites should be policed, but have come under increasing pressure from Western governments to do more to remove extremist content following a wave of militant attacks.

  4. Former hedge fund exec's Empire Report keeps tabs on New York

    By Svea Herbst-Bayliss BOSTON (Reuters) - Former hedge fund executive JP Miller launched an app on Monday for his startup news site Empire Report that is modeled on the Drudge Report and chronicles New York, its politicians, financiers and celebrities. The website (www.nyempirereport.com) is meant to be non-partisan and has no affiliation with Drudge, Miller said in an interview on Monday.
  5. Chilean start-up that uses AI to reinvent food eyes U.S. deals

    By Rosalba O'Brien SANTIAGO (Reuters) - A Chilean start-up that has built artificial intelligence software to help recreate animal-based foods using plants is looking toward U.S. multinationals after signing deals at home to sell its products, the company's founders said. NotCo, founded around a year ago by three Chileans, has already persuaded Cencosud's Jumbo supermarkets to stock its 'Not Mayo' across Chile, and has signed a deal to supply a national food manufacturer with one of its products, said Chief Executive Matias Muchnick.


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