Technology Report: AT&T partners with Chernin Group in online video venture

	Click to View in Browser 04/22/2014 AT&T partners with Chernin Group in online video venture NEW YORK (Reuters) - AT&T Inc said Tuesday it would partner with The Chernin Group media holding company to invest $500 million in a joint venture for web-based video services, making it the latest company aiming to tap the growing consumer demand for online video. Netflix price hikes seen boosting global expansion (Reuters) - Netflix Inc's planned price hikes will allow the video streaming company to increase spending on original content that will help attract more customers globally, analysts said, as many of them raised their price targets on the stock. IBM, Atos, HP looking at Lufthansa IT infrastructure unit: source FRANKFURT (Reuters) - Lufthansa's IT infrastructure business, which the airline is trying to sell, is drawing interest from big IT groups IBM, Hewlett-Packard and France's Atos, a source familiar with the matter told Reuters. Bland Theft Auto: China censorship weighs on games consoles BEIJING (Reuters) - China has fully lifted a 14-year ban on selling video game consoles, but foreign console makers hoping to make a killing in a potentially huge new market will first have to find a way around the country's onerous censorship rules. VMware revenue rises 14 percent on higher cloud software demand (Reuters) - Virtualization software maker VMware Inc reported a 14 percent rise in first-quarter revenue as more customers opted for its cloud infrastructure offering and big business clients renewed their software licenses. Saudi watchdog to regulate homegrown YouTube shows: newspaper DUBAI (Reuters) - Saudi Arabia plans to regulate local companies that screen shows on YouTube, a senior official was quoted as saying in local media on Tuesday - a move that could stifle its nascent creative industries. Orange cuts broadband tariffs in Spain MADRID (Reuters) - The Spanish division of French telecoms group Orange said it would cut the price of a package that includes broadband and fixed calls by 23 percent to 38.10 euros ($52.56) per month. Espionage hacking grows, with more from east Europe: Verizon study SAN FRANCISCO (Reuters) - Hacking for espionage purposes is sharply increasing, with groups or national governments from Eastern Europe playing a growing role, according to one of the most comprehensive annual studies of computer intrusions. China Mobile books lowest quarterly profit in five years as apps sap revenue BEIJING (Reuters) - China Mobile Ltd booked its lowest quarterly profit in five years as the world's biggest mobile carrier by subscribers struggled to compete with mobile Internet applications offering services such as messaging. Mexican court to study America Movil injunction against regulator MEXICO CITY (Reuters) - A Mexican court said on Monday it would begin analyzing an injunction request from telecommunications giant America Movil against a regulatory ruling designed to curb its dominance and spur competition. Related Video Cloud computing could be at risk in Aereo ruling Tech innovation vs. legal technicalities in Aereo case Mediafile A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend