Internet News Headlines

By Malathi Nayak and Bill Rigby SAN FRANCISCO/SEATTLE (Reuters) - Microsoft Corp is set to make a splash this week with the eagerly awaited unveiling of its new Xbox game console, eight years after the last version, as it seeks a larger share of the $65 billion a year global computer gaming industry. But the small device …

By Terril Yue Jones BEIJING (Reuters) - China's Internet is brimming with disclosures of officials collecting bribes, homes and luxury accessories as casually as they do mistresses. But while the government tolerates such anti-corruption vigilantism, it is also extremely leery of the threat the Internet can pose to Communist …

By Jane Lee SHANGHAI (Reuters) - Humor may not always translate well, but Jon Stewart is picking up millions of fans in China, where his gloves-off political satire is refreshing for many in a country where such criticism is a rarity - especially when directed at their own leaders. A recent segment on North Korea scored …

BANGALORE (Reuters) - Infosys Ltd, India's No. 2 software services exporter, said on Monday it would challenge a 5.77 billion rupees ($105.3 million) income tax demand raised by Indian authorities earlier this month. The demand relates to certain tax benefits on income from software development done overseas at the clients' …

May 19 (Reuters) - Australia opening batsman David Warner will face a disciplinary hearing for his Twitter outburst against two senior Australian cricket journalists, the country's cricket board said on Sunday. The flamboyant left-handed batsman criticised News Limited journalists Robert Craddock and Malcolm Conn in an …

May 18 (Reuters) - Cricket Australia is to investigate an extraordinary Twitter outburst by opening batsmen David Warner that attacked two senior Australian cricket journalists. The 26-year-old Warner criticised News Limited journalists Robert Craddock and Malcolm Conn in an expletive-filled tirade, which has created headlines …

By Jim Finkle and Jennifer Saba (Reuters) - The Financial Times' website and Twitter feeds were hacked on Friday, renewing questions about whether the popular social media service has done enough to tighten security as cyber-attacks on the news media intensify. The Syrian Electronic Army, an online group that supports Syrian …

By Brett Wolf ST. LOUIS, May 17 (Thomson Reuters Accelus) - U.S. authorities have seized two accounts linked to a major operator in the booming Bitcoin digital currency market, Tokyo-based exchange Mt. Gox. The move may prevent the firm from facilitating the purchase and sale of Bitcoins in U.S. dollars at a time when use …

By Tom Bergin LONDON (Reuters) - Internet retailer Amazon.com Inc. will be called back to the British parliament to clarify how its activities in the UK justify its low corporate income tax bill, two lawmakers told Reuters. Amazon will follow search giant Google, which attended another grilling by parliament's Public Affairs …

By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators have given some of Google's rivals more time to study its proposals to settle anti-competitive complaints, which could provide more leverage to pry further concessions from the Internet search giant. The European Commission last month told interested parties they …

By Greg Stutchbury WELLINGTON, May 17 (Reuters) - The possible future of sports broadcasting will be further highlighted on Sunday when New Zealand's Auckland City and Waitakere United play the Oceania Champions League final, with the winner qualifying for the lucrative FIFA Club World Cup. The match in Auckland, reduced …

BEIJING (Reuters) - China's television regulator has ordered a crackdown on dramas about the country's battles with Japan during and before World War Two and demanded they be more serious, state media said on Friday, following viewer complaints about ludicrous storylines. Ties have been shadowed for years by what Beijing …

By Li-mei Hoang LONDON (Reuters) - A group of British hackers who "ran riot" causing millions of dollars of damage to computer networks run by Sony, the CIA and other agencies were sentenced to jail terms on Thursday. Police said four men, members of the hacking collective known as "LulzSec", put thousands of internet users' …

By Estelle Shirbon LONDON (Reuters) - A retired British politician sued the wife of the House of Commons Speaker for defamation on Thursday, accusing her of implying in a tweet that he was a pedophile guilty of sexually abusing boys living in a care home. Alistair McAlpine, an associate of the late former Prime Minister …

By Greg Stutchbury WELLINGTON, May 16 (Reuters) - Hunched over desks staring at computer screens paid for in part by New Zealand cricket captain Brendon McCullum, employees at a small Wellington company are hard at work laying the foundations for what they hope will be the next social media revolution. Targeting the estimated …

By Lucas Shaw NEW YORK (TheWrap.com) - YouTube has a new paid channel for horror junkies, adding Screampix as the first subscription channel dedicated to frightful fare. It launched on Wednesday in the US and Canada for $2.99 a month, and will rollout to the U.K., France and Brazil later this year. The channel features …

By Brent Lang LOS ANGELES (TheWrap.com) - Orlando Jones is a self-described comic book nerd, so when it came to finding the perfect venue for "Tainted Love," his gritty and profane love letter to graphic novels, the actor and comedian said Machinima immediately sprung to mind. The popular YouTube channel is a gathering …

WASHINGTON (Reuters) - The online shopping sites Newegg and Overstock Inc won a patent battle on Wednesday with telecom equipment maker Alcatel-Lucent SA, which had accused the companies of infringing its patented technology. The U.S. Court of Appeals for the Federal Circuit, which hears all patent appeals, upheld a lower …

By Tim Molloy NEW YORK (TheWrap.com) - One of the biggest television shows next season won't air until the season is nearly over - and that should tell you something about broadcasters' wavering loyalty to the traditional September-May broadcast season. Fox plans to debut its 12-episode "24" revival in May, and use it to …

By Lucas Shaw NEW YORK (TheWrap.com) - Michael Jackson landed Sam Tsui on Oprah, but now Tsui must rely on someone else's music - his own. A 24-year-old Pennsylvania native, Tsui blossomed into one of the most popular cover artists on YouTube while at Yale, covering everyone from Jackson to Britney Spears to Adele. His …

By Estelle Shirbon LONDON (Reuters) - Four British hackers who took part in 2011 cyber-attacks on targets ranging from the CIA to Sony were audacious, arrogant men whose motivation was "anarchic self-amusement", a court heard on Wednesday. The men, who have pleaded guilty to a variety of offences, were members of the hacking …

By Swati Pandey and Harichandan Arakali MUMBAI/BANGALORE (Reuters) - A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation. Global banks that ship work …

By Deepa Seetharaman WARREN, Michigan (Reuters) - General Motors Co said it is investing $546 million in two new Michigan data centers in hopes it will free up millions of dollars to boost vehicle quality more quickly. The largest U.S. automaker unveiled a $288 million data center in the Detroit suburb of Warren on Monday, …