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Zynga buying 'Clumsy Ninja' maker, laying off 15 per cent of employees in turnaround plan

SAN FRANCISCO - Zynga Inc. said Thursday it is buying NaturalMotion, the company behind the hit mobile games "CSR Racing" and "Clumsy Ninja," while cutting 15 per cent of its workforce in a turnaround effort. The company moved up the release of its fourth-quarter earnings results by a full week to coincide with the announcement of the $527 million acquisition and the job cuts. Investors sent its shares up 62 cents, or 17 per cent, to $4.18 in after-hours trading.

Company presidents seek improved high-speed Internet access for school kids

WASHINGTON - The top officers at more than 40 companies are asking the Federal Communications Commission to act quickly to help get more high-speed Internet into America's classrooms. The FCC is weighing changes to a program called E-rate that provides discounts to help schools with telecommunications and Internet access. A majority of schools have Internet capabilities that are slow or isolated to front offices, making the use of digital programs and online learning difficult.

6.1-magnitude quake strikes off Indonesia's Java

A 6.1-magnitude earthquake struck off Indonesia's main island of Java on Saturday, the US Geological Survey reported, sending panicked residents running from their homes. People in the town of Adipala near the epicentre said they felt the ground shaking hard for up to 20 seconds, as the quake struck in the sea off the coast of southern Java. "We all just ran onto the street, there were so many people," Astri, a florist who goes by one name, told AFP by phone from her flower shop.

PS4 and Xbox One fuel US videogame industry sales

NPD Group reported Thursday that new consoles from Sony and Microsoft powered a winning holiday season for the videogame industry in the United States. "The newest consoles from Microsoft and Sony are off to a tremendous start," said NPD analyst Liam Callahan. "Xbox One led consoles sales in December, while PlayStation 4's two-month total makes it the best selling console during the two-month launch window." The rival consoles were released in November and eagerly snapped up by players.

China web users surge to 618 million

The number of web users in China has surged to 618 million, a government agency said Thursday, underscoring the rapid growth of online connectivity in the country with the world's largest Internet population. Its online population -- defined as those who have used the Internet at least once in the last six months -- rose by more than 53 million in 2013, the China Internet Network Information Center (CNNIC) reported. As many as 500 million people in China were accessing the Internet using mobile phones by December, the report added.

China's video industry confident it can beat piracy, persuade public to pay for online content

BEIJING, China - When media studies student Liu Zhiqi settles down to watch a movie or TV drama at the home of the San Francisco family she lodges with, she misses the convenience of downloading content for free like in China. For Liu, an on-demand streaming service such as Netflix isn't worth the $7.99 a month subscription. "As a Chinese, I am not used to paying to watch TV," said Liu, 20, from Jiangmen city in southern Guangdong province. "Instead I watch free websites."

Turkey seeks to curb Internet freedom

The Turkish government has moved to impose strict controls on the Internet by monitoring the activities of online users and blocking certain keywords, a parliamentary source said on Thursday. The proposals are contained in a bill submitted to parliament by Turkey's family and social policy ministry and are the latest in a string of government moves testing freedom of expression in the aspiring EU member state.

Turkey seeks to curb Internet freedom

The Turkish government has moved to impose strict controls on the Internet by monitoring the activities of online users and blocking certain keywords, a parliamentary source said on Thursday. A bill has been submitted to parliament in the latest in a string of government moves testing freedom of expression in the aspiring EU member state. The proposed legislation will allow the authorities to block keywords deemed problematic and limit access to video-sharing websites that include them, the source said.

Yahoo dives deeper into media with online magazines

Yahoo on Tuesday dove deeper into being an Internet Age media company, bringing in news, music and television stars for the launch of online magazines focused on technology and food. The fresh online offerings were showcased by Yahoo chief executive Marissa Mayer during a Consumer Electronics Show (CES) keynote presentation at a packed theater here.

AllThingsD editors launch "Re/code" venture with NBCUniversal backing

By Gerry Shih SAN FRANCISCO (Reuters) - Veteran technology journalists Walt Mossberg and Kara Swisher have unveiled "Re/code," a technology news site and conference business to succeed AllThingsD which they founded and built into a premier tech media brand within News Corp.
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