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Twitter to let users follow live events, not just people

Twitter Inc will start curating tweets on live events, the microblogging service said, as it plans major changes to make its real-time news feed more user friendly. Dubbed Project Lightning, the changes will let users follow events instead of just people, and instantly upload photos and videos that can be shared across websites, social news and entertainment website Buzzfeed reported on Thursday. A team of editors will curate the most

Disney exploring virtual reality for video games

By Lisa Richwine LOS ANGELES (Reuters) – Walt Disney Co’s interactive unit is considering bringing Disney Infinity or other video games into the world of virtual reality. Adapting elements of current titles is one option the company is exploring, James Pitaro, president of Disney Interactive, said in an interview. Disney also might create new games specifically for VR or for another emerging platform known as augmented reality, he said.

Toyota in damage control mode after American exec arrested

Toyota Motor Corp moved into damage control mode on Friday after its new communications chief Julie Hamp, an American and its first senior woman executive, was arrested on suspicion of illegally bringing pain killers into Japan just two months after her appointment. Toyota President Akio Toyoda apologized for the incident at a news conference and reiterated the company’s belief that Hamp had no intent of breaking the law. Japanese media

Google told to expect large fines in EU antitrust probe

The European Union threatened to levy fines on Google Inc. that would be large enough to act as a deterrent after accusing the U.S. search-engine giant of squeezing out rivals in the comparison-shopping market. The EU’s competition watchdog told Google it could face a fine based on its AdWords revenue stemming from European users, according to a version of the statement of objections released to complainants and seen by Bloomberg.

Greek bank deposit outflows topped 1 billion euros on Thursday

Greek savers pulled more than 1 billion euros from banks in one day on Thursday, three senior banking sources told Reuters, with the pace of withdrawals gaining speed since talks between the government and its creditors collapsed last weekend. The withdrawals between Monday and Thursday have reached about 3 billion euros (£2.1 billion), representing about 2.2 percent of household and corporate deposits held by Greek banks at the end of