May 11, 2023 | Daily Business Review
Disney Posts Higher 2nd-Quarter Earnings, Revenue Thanks to Strong Theme Parks BusinessThe entertainment giant, which is in the midst of a "strategic reorganization," has been working on trimming about 7,000 jobs as part of a targeted $5.5 billion cost savings across the company.
By Michelle Chapman and Barbara Ortutay
3 minute read
February 22, 2023 | Daily Report Online
What is Section 230, the Rule That Made the Modern Internet?A case that was argued before the U.S. Supreme Court Tuesday, Gonzalez v. Google, challenges this law—namely whether tech companies are liable for the material posted on their platforms. A second case, Twitter v. Taamneh, also focuses on liability, though on different grounds.
By Barbara Ortutay | The Associated Press
5 minute read
March 14, 2022 | Daily Business Review
War Censorship Exposes Putin's Leaky Internet ControlsRussian President Vladimir Putin has blocked access to both Western media and independent news sites in the country, and a new law criminalizes spreading information that contradicts the government's line.
By Frank Bajak and Barbara Ortutay
7 minute read
May 05, 2016 | New York Law Journal
Davis Polk, Paul Weiss and Cravath Counsel $3.8B Sale of DreamWorksScooping up Shrek and Kung Fu Panda in a direct bid to compete with The Walt Disney Co., New York-based NBCUniversal Inc. has agreed to acquire Glendale, California-based DreamWorks Animation in a deal valued at $3.8 billion.
By Barbara Ortutay
3 minute read
October 21, 2014 | Daily Report Online
Facebook Sues Law Firms, Claims FraudFacebook is suing several law firms that represented a man who claimed he owned half of the social network and was entitled to billions of dollars from the company and its CEO Mark Zuckerberg.
By Barbara Ortutay
3 minute read
October 15, 2014 | Daily Business Review
Facebook, Apple Pay for Egg Freezing, Sperm DonorsSilicon Valley's biggest companies have long offered cushy perks to attract top talent and keep workers happy. But beyond day-to-day luxuries, Facebook and Apple will now give up to $20,000 in benefits to help employees pay for infertility treatments, sperm donors and even to freeze their eggs.
By Barbara Ortutay Associated Press
4 minute read
September 22, 2009 | Daily Report Online
Facebook to end Beacon tracking tool in settlementNEW YORK AP - Facebook is shutting down its much-maligned Beacon marketing program, launched nearly two years ago amid fanfare only to generate a storm of privacy complaints over the tracking of user activities at partner Web sites.Facebook agreed to end Beacon and create a foundation to promote online privacy, safety and security as part of a $9.
By BARBARA ORTUTAY
3 minute read
April 03, 2012 | Daily Report Online
Facebook files patent countersuit against YahooBy Barbara Ortutay
2 minute read
December 04, 2008 | Daily Report Online
AT&T to cut 12,000 jobs, 4 percent of staffNEW YORK AP-ATT Inc. joined the recession's parade of layoffs Thursday by announcing plans to cut 12,000 jobs, about 4 percent of its work force.The Dallas-based telecommunications company - the nation's largest - said the job cuts will take place in December and throughout 2009. The company also plans to reduce capital spending next year.
By BARBARA ORTUTAY
2 minute read
September 26, 2007 | Daily Report Online
Federal appeals court partly upholds patent ruling against Vonage, second legal blow in 2 daysNEW YORK AP - For the second time in two days, Internet phone company Vonage Holdings Corp. was hit with bad legal news Wednesday when a federal appeals court upheld a jury verdict and injunction against it for patent infringement.The company's shares sank to 96 cents Tuesday, their lowest level since Vonage went public in May 2006.
By Barbara Ortutay
2 minute read
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