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  • As part of the settlement, Sony will stop making the inaccurate claims and will give people who had purchased the device either a $25 refund or $50 voucher to buy other games, the FTC said. Sony and its advertising company, Deutsch LA, had claimed inaccurately the console would enable consumers to play remotely and would allow them to begin a game on the PlayStation...

  • FEDERAL TRADE COMMISSION SETTLES WITH SONY COMPUTER ENTERTAINMENT, AD AGENCY REGARDING FALSE ADVERTISING OF PLAYSTATION VITA HANDHELD GAMING CONSOLE.

  • WASHINGTON, Nov 25- Sony Computer Entertainment has agreed to settle allegations that it misled consumers about features of its PlayStation Vita handheld gaming console, the Federal Trade Commission said on Tuesday. As part of the settlement, Sony will stop making the inaccurate claims and will give people who had purchased the device either a $25 refund or...

  • TORONTO, Nov 20- Canadian holiday retail sales are expected to be the strongest in three years, helped by lower unemployment, falling gasoline prices and weaker currency, but aggressive discounting could temper profits for retailers, industry analysts say. A report released on Thursday by consulting firm Colliers International forecast December sales will...

  • Nov 20- Indian outsourcing major Infosys Ltd's back-office services unit was overcharging Apple Inc, leading to the exit of top executives, two senior Infosys people said on Thursday. Infosys, India's second-largest IT services exporter, said on Tuesday it had fired Abraham Mathews, chief financial officer of its Infosys BPO unit, for failure to comply with the...

  • Indian retailers hobble as e-commerce race ahead Monday, 17 Nov 2014 | 5:58 PM ET

    Indian retailers are struggling to keep up online as e-commerce garner large investments.

  • MUMBAI, Nov 18- The head of Future Group, one of India's largest and most established retailers, admits he can't keep up with web sites like Snapdeal and Flipkart when it comes to spending money to entice shoppers to buy online. Private investors have poured $2.3 billion into India's e-commerce companies so far this year, according to consulting firm Technopak,...

  • Nov 12- Google Inc said its DoubleClick online advertisement service was back up after suffering an outage on Wednesday. "Our team has worked quickly to fix the software bug and DFP is now back up and running, so our publisher partners can return to funding their content," a Google spokeswoman wrote in an email to Reuters. Gannett Co Inc, publisher of USA Today, tweeted: "...

  • Google's DoubleClick ad network suffers outage Wednesday, 12 Nov 2014 | 10:44 AM ET

    Nov 12- Google Inc's DoubleClick online advertisement service suffered an outage affecting many websites around the world, according to a report on tech blog The Next Web. Gannett Co Inc, publisher of USA Today, tweeted: "Enjoy your ad-free experience on http://usatoday.com right now, brought to you by Google!" Google acquired DoubleClick in 2007..

  • WASHINGTON, Nov 10- The U.S. Postal Service was the victim of a cyber attack that may have compromised the personal information of more than 800,000 employees as well as data on customers who contacted its call center from January through mid-August. The employee information possibly accessed includes names, dates of birth, Social Security numbers, addresses,...

  • WASHINGTON, Nov 10- The U.S. Postal Service reported a data breach on Monday that may have compromised personal information about its 500,000 employees as well as data on customers who contacted its call center from January through mid-August. The employee information possibly accessed includes names, dates of birth, Social Security numbers, addresses,...

  • Nov 9- Deal makers and private equity employees are expected to receive the biggest hikes in bonuses this year on Wall Street, according to a forecast by compensation consulting firm Johnson Associates. "A mixed bag of fortunes awaits Wall Street professionals this bonus season, despite a moderately positive year across the financial services industry," said...

  • WASHINGTON, Nov 3- The U.S. Justice Department on Monday filed a lawsuit to block National CineMedia Inc's proposed $375 million acquisition of smaller rival Screenvision LLC, a deal that would significantly concentrate a niche advertising market. National CineMedia's shares were down 22 percent on Monday, after being halted prior to the Justice...

  • *Publicis aims to boost growth after failed Omnicom merger. The French group is hoping rapid growth in both North American and Internet advertising, which are far outpacing European and traditional ad formats, will help it catch up with sales gains at rivals such as WPP and Interpublic. Chief Executive Maurice Levy has blamed Publicis' recent poor performance...

  • *Publicis aims to boost growth after failed Omnicom merger. The French group is hoping rapid growth in both North American and internet advertising, which are far outpacing European and traditional ad formats, will help it catch up with sales gains at rivals such as WPP and Interpublic. Chief Executive Maurice Levy has blamed Publicis' recent poor performance...

  • PARIS, Nov 3- Publicis, the world's third-largest advertising holding company, has agreed to buy digital ad specialist Sapient for $3.7 billion in cash as it seeks to accelerate growth after a botched merger earlier this year. For Publicis Chief Executive Maurice Levy, the deal is part of a push to revitalise the group at a time when its quarterly top-line growth...

  • Morgan Stanley board member Griffith Sexton retires Friday, 31 Oct 2014 | 5:14 PM ET

    Oct 31- Morgan Stanley said Griffith Sexton, a director since 2005, retired from its board. Sexton was an investment banker at Morgan Stanley from 1973 to 1995, after which he taught at Columbia Business School and Princeton University as a visiting lecturer. He was also an advisory director at Morgan Stanley from May 1995 to September 2008.

  • Ad tech firm Simulmedia ties TV spots to purchases Friday, 31 Oct 2014 | 5:14 PM ET

    NEW YORK, Oct 31- Advertising company Simulmedia said it can now tie TV commercials to purchases by using data from set-top boxes to help marketers reach specific, more defined audiences. "There is a tremendous appetite in the industry to make your TV advertising smarter and data is a part of that," said Melissa Keller, executive vice president integrated...

  • Google's YouTube explores paid, ad-free video service Tuesday, 28 Oct 2014 | 12:21 PM ET

    SAN FRANCISCO, Oct 28- YouTube, the popular online video service owned by Google Inc, is planning to offer a paid, ad-free version, the head of the site said. "There are going to be cases where people are going to say' I don't want to see the ads or I want to have a different kind of experience'," Susan Wojcicki, a Google senior vice president who heads the YouTube business, said...

  • Oct 22- Advertising company Interpublic Group of Cos Inc reported quarterly revenue above analysts' expectations, helped by higher ad spending by U.S. businesses. Interpublic, whose clients include General Motors Co, Unilever Plc and Johnson& Johnson, reported organic revenue growth of 6.3 percent in the third quarter ended Sept 30. Interpublic, home to...