Internet News Headlines

(Reuters)- Zynga Inc, which plans to go public in two weeks, on Friday slashed its value by more than 30 percent to $9 billion, hoping to avoid the fate of other recent Internet IPOs that have disappointed after stock market debuts. The pricing values the maker of Facebook games as high as $9.04 billion, whereas just two …

(Reuters) - Google Inc on Friday won approval from U.S. antitrust regulators to buy online advertising company Admeld Inc without any conditions, the Justice Department said. The deal, announced in June, was designed to give Google, the world's largest search engine, a bigger slice of the market for graphical display ads. …

NEW YORK (TheWrap.com) - Fanhattan, an app that helps consumers find on-demand movies and TV shows, announced new partnerships with PBS, Lifetime and Crackle on Friday. The app, dubbed an "entertainment discovery service," pulls data from sites like Netflix and Hulu Plus and lets users browse through and search for a wide …

LONDON (Reuters) - Britain's consumer watchdog, the Office of Fair Trading, said it is investigating Groupon UK after receiving complaints about how the daily-deal company was conducting its business. The OFT said on Friday it had been investigating Groupon UK, which offers daily deals on products from hotel stays to calendars, …

(Reuters) - Groupon Inc shares rose above their $20 initial public offering price on Friday. Groupon stock slumped below $20 last month on concern about competition from rival LivingSocial and how the European debt crisis might affect overseas growth. However, Groupon released strong early holiday sales numbers this week …

PARIS (Reuters) - Book publishers have survived the first stage of a digital revolution in better shape than the music industry and are now embracing the shift to e-books in their search for new revenue streams and lower costs. The industry has been battered this year by a significant shift from physical books to e-books …

Google-owned video-sharing site YouTube is expanding its movie rental service youtube.com/movies to users in Japan.

LeWeb is the biggest internet event on the European calendar, bringing together speakers, entrepreneurs, investors, the media, and technology buffs to discuss a "new web."

YouTube on Thursday unveiled a major redesign that showcases television-style channels and promises slicker integration with other Google online properties.

The U.S. Justice Department approved Google's acquisition of online advertising service AdMeld after concluding the deal wouldn't diminish competition in one of the Internet's most lucrative marketing niches.

The Internet gaming company filed documents on Friday morning indicating that it intends on raising somewhere between $850 million and $1.15 billion for its public offering, staying close to previous estimates. Earlier this year, when Zynga first announced its IPO intentions, the company had floated a $1 billion goal, which …

Online game maker Zynga says it plans to raise up to $1.15 billion in an initial public offering of 115 million shares in the latest in a spate of Internet IPOs

Based off a report from Ireland-based research firm StatCounter, the Google Chrome browser has moved into second place globally for the first time. While Microsoft’s Internet Explorer still remains at the top, Mozilla’s Firefox browser continued on a downward trend that started at the end of 2010. The research firm reported …

Chrome has moved past Firefox to become the world's second-most popular Web browser after Internet Explorer, according to StatCounter. Chrome grabbed a 25.69 percent share of the global browser market in November -- a major increase from the 4.66 market share it held two years earlier, the Dublin, Ireland-based Web metrics …

Instead of mourning Napster's last day on this Internet planet, we thought we'd point out Napster's many deaths. Most things get one life, die, get one overly kind eulogy and then stop living, forever. Death is kind of final like that. Not Napster, though. The Internet relic has been dying and living and dying pretty regularly …

Hewlett Packard is dousing a report that cyber attackers could break into LaserJet printers over the Internet and make them overheat enough to catch fire.

NEW YORK (Reuters) - Blackstone Group and Bain Capital are preparing a bid for all of Yahoo Inc with Asian partners in a deal that could value the Internet company at about $25 billion, a source familiar with the matter said on Wednesday. The potential bid by the consortium, which would include China's Alibaba Group and …

After the Internet freaked out over Siri's apparent pro-life bias, Apple has responded, but not apologized or fixed (yet), the personal assistant's abortion "glitch." Four days after the Abortioneers blog discovered that Siri gave pro-life listings for requests to find an abortion provider, the story got enough web attention …

Now in its seventh year, LeWeb is going from strength to strength. The European conference will welcome a high-profile list of speakers from the technology and internet industries who will discuss the ongoing shift from PC-based computing to social-local-mobile.

Google's Chrome surpassed Mozilla's Firefox as the world's number two browser behind Microsoft's Internet Explorer last month, according StatCounter.

Hewlett Packard is dousing a report that cyber attackers could break into LaserJet printers over the Internet and make them overheat enough to catch fire.

Google Executive Chairman Eric Schmidt said Wednesday that it would be a mistake for Congress to approve Hollywood-backed legislation meant to combat online piracy because it would be ineffective and could fundamentally alter the way the Internet works.

Now that the legislation favors Amazon, in a total turnaround from earlier this year, today Amazon came out and said it "strongly supports" the Internet sales tax. A few months ago, Amazon was acting all baby, filing law-suits and refusing to collect the fees but today it has no problem with it at all. Yet, while Amazon …