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Xiaomi just wandered into a 100-year-old border dispute between China and India

The BriefYour world right now

3 hours ago

Singtel announces a Netflix competitor.

  The Singaporean telecom has partnered with Warner Bros and Sony Pictures to bring Hollywood movies, American TV, and local programming to India, Indonesia, Thailand, the Philippines, and Singapore. Named “Hooq,” the service will charge users through Singtel’s billing network.
3 hours ago

Amazon surprises everybody with a profit.

  The e-commerce behemoth reported net income of $214 million in the fourth quarter last year, down from $239 million a year ago. That was enough to send shares soaring by over 12% in extended trading, despite the fact that Amazon expects the most it will make this quarter is an operating profit of just $50 million.
3 hours ago

Google misses the mark.

  The search giant’s consolidated fourth-quarter revenue grew 15% to $18.1 billion, from $15.7 billion a year earlier, but was short of the $18.5 billion the market was hoping for. Google faces a challenge as internet use goes mobile, where it earns less for selling ads, which is still the company’s core revenue earner.
January 29, 2015

Nickelodeon heads to the internet while Showtime goes north.

  The head of Viacom—Nickelodeon’s parent company—says the children’s channel will be offered directly to consumers over the internet starting next month, though no pricing information was revealed. Separately, CBS-owned Showtime has signed a deal to bring its content to Canada, marking the first time Showtime has gone outside the US.
2 hours ago
Chart of the Moment

A government report had Alibaba’s investors spooked.

January 29, 2015

British paid-TV service Sky to enter the mobile phone market.

  With over 10 million customers in the UK, Sky—39% owned by Rupert Murdoch—will piggyback off of Telefonica UK’s wireless network, equipping the satellite broadcaster to offer mobile and data services. The move, known as a “quad play” (TV, internet, landline, wireless), is considered a big growth area for the country’s telecom companies and broadcasters.
2 hours ago

Taylor Swift is trademarking lyrics.

  You can no longer make money from the phrase “party like it’s 1989″ in the US.

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