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Netflix Viewership Finally Gets a Yardstick

When asked recently if she knew how many people were watching the comedy “Unbreakable Kimmy Schmidt” on Netflix, co-creator Tina Fey said she had no idea. “We don’t have any actual numbers,” Ms. Fey said at a recent gathering of television critics. “I feel a lot of people are watching the show. Let’s go with […]

Line Scraps IPO Plans

TOKYO—Line, a smartphone-messaging application that is hugely popular in Japan but is struggling to grow elsewhere, has scrapped plans for an initial public offering for a second straight year, according to people familiar with the situation. Line Corp.’s owner, South Korean Internet platform Naver Corp., was preparing a Line IPO in Tokyo and New York […]

Google Rebuffs European Union on Antitrust Charges

BRUSSELS—Google Inc. on Thursday rebuffed the European Union’s demand that it change the way it ranks online comparison-shopping services in its search results, setting up a potentially drawn-out legal battle between the search giant and a regulator empowered to levy billions of euros in fines. In a formal response Thursday to antitrust charges the EU […]

Amazon Curtails Development of Consumer Devices

Amazon.com Inc. flamed out with critics and consumers last year in its first attempt at a smartphone. Now, rather than forge ahead, as it has with other projects, such as its Kindle tablets, the online retailer is retrenching. In recent weeks Amazon has dismissed dozens of engineers who worked on its Fire phone at Lab126, […]

Snapchat Hires Finance Chief

Snapchat Inc., one of the most highly valued private tech startups, finally hired someone to run its finances. Drew Vollero, a former finance executive at toy maker Mattel Inc., is joining Snapchat as vice president of finance and acting chief financial officer, the company told The Wall Street Journal on Tuesday. Mr. Vollero will report […]

Manager at Video Game Maker Accused of Trade Secret Theft

A manager at a maker of a popular videogame was arrested last week as he tried to board a plane for Beijing after allegedly stealing trade secrets, according to a federal criminal complaint unsealed Tuesday. Jing Zeng, 42 years old, of San Ramon, Calif., allegedly downloaded data on how users interact with Game of War: […]

Angry Birds Maker Rovio Cuts Jobs

HELSINKI—Rovio Entertainment Ltd., the Finnish computer game developer behind Angry Birds, on Wednesday said it plans to lay off as many as 260 employees, over a third of its staff, amid declining profit and revenue. The company, which once dominated the top charts in global mobile gaming, has struggled as new chart toppers by other […]

Workers Get New Tools for Airing Their Gripes

If you work in a big company, chances are you’re getting more feedback lately—whether you know it or not. Recent revelations about Amazon.com Inc.’s competitive work culture described a company feedback system in which employees sent gripes to co-workers’ bosses about their performance, sometimes without the co-workers’ knowledge. Invoking a workplace version of “Lord of […]

Cell Carriers Battle for Wi-Fi Airwaves

A battle is brewing among tech giants over the future of Wi-Fi, the ubiquitous and unregulated wireless connections at the core of the mobile Internet. Verizon Communications Inc. and T-Mobile US Inc. are preparing to broadcast cellular signals over some of the same free airwaves currently used by Wi-Fi networks. The wireless carriers plan to […]

Third Point, Regulators Settle Over Antitrust Filings for 2011 Yahoo Stake

Activist investors on Monday got a reminder that their investments are subject to antitrust review, a warning that will shine a spotlight on a debate over why that is. The Federal Trade Commission and Justice Department on Monday announced a settlement with Third Point LLC over allegations the New York hedge fund failed to properly […]

Third Point, Regulators Settle Over Antitrust Filings for 2011 Yahoo Stake

Activist investors on Monday got a reminder that their investments are subject to antitrust review, a warning that will shine a spotlight on a debate over why that is. The Federal Trade Commission and Justice Department on Monday announced a settlement with Third Point LLC over allegations the New York hedge fund failed to properly […]

Court Affirms FTC Authority Over Data-Security Practices

WASHINGTON—Companies that fail to provide customers with reasonable protections against theft of online data can be sued by federal consumer-protection enforcers, a federal court ruled on Monday. The Philadelphia-based Third U.S. Circuit Court of Appeals ruled the Federal Trade Commission could proceed with a lawsuit alleging hotel chain Wyndham Worldwide Corp. bore some of the […]

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