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May 16, 2016, 10:30 AM
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Greg Bensinger / Wall Street Journal:
Source: Amazon to debut new lines of private label products, including perishable foods and household items, for Prime members only in coming weeks  —  The first of the brands could appear on the company's website in coming weeks  —  Amazon.com Inc. in the coming weeks is set to roll …
Lauren Pollock / Wall Street Journal:
Filing: Warren Buffett's Berkshire Hathaway owned 9.81M Apple shares on March 31, valued at $1.07B  —  Legendary investor, who previously avoided technology stocks, also slightly increases position in IBM  —  Warren Buffett's Berkshire Hathaway Inc. took a new position in Apple Inc. in the first quarter …
Christopher Williams / Telegraph:
Sources: EU may announce €3B fine against Google in shopping search case as early as next month  —  Google faces a record-breaking fine for monopoly abuse within weeks, as officials in Brussels put the finishing touches to a seven-year investigation of company's dominant search engine.
Emil Protalinski / VentureBeat:
Google plans to make Flash plugin click-to-play by default in Chrome in Q4'16, rendering HTML5 instead when available, except for 10 top sites relying on Flash  —  Google has outlined a plan to push HTML5 by default in Chrome, instead of Flash.  In Q4 2016, the company plans to only serve Flash …
Patrick Foster / Telegraph:
Sources: BBC working on subscription streaming service to rival Netflix, dubbed Britflix, delivered via iPlayer; ITV and NBC Universal are involved  —  The BBC is to push ahead with plans to launch a British rival to Netflix, after getting the go-ahead from the government to develop a new subscription streaming service.
Peter Kafka / Recode:
Facebook says it has invited “about a dozen” conservative leaders to meet Mark Zuckerberg on Wednesday, including Glenn Beck  —  “It would be interesting to look him in the eye.”  —  Mark Zuckerberg is hosting a summit for conservative leaders on Wednesday.  —  So says Glenn Beck, who says he will attend.
Todd Spangler / Variety:
AT&T buys Quickplay, will use it to power three new DirecTV streaming services later in 2016; terms not disclosed  —  AT&T is acquiring Quickplay Media, a provider of Internet-video streaming services, which it will use to launch three over-the-top DirecTV services later in 2016.
Wall Street Journal:
Walmart tests two-day subscription service to challenge Amazon Prime, builds regional delivery network around eight mega-warehouses in US with $2B investment  —  Retailer tests two-day shipping to challenge Prime, builds regional delivery network in U.S.  —  Wal-Mart Stores Inc. is testing …
Jon Russell / TechCrunch:
Didi Chuxing, China's largest taxi on-demand firm, denies plan for U.S. IPO in 2017  —  Didi Chuxing, the ride-sharing firm that leads Uber in China, has denied a report that it plans to go public in the U.S. next year.  —  Just days after Didi announced a landmark $1 billion investment from Apple …

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From Mediagazer

Mark Sweney / The Guardian:
Ampere Analysis: UK streaming subscribers on ad-supported tiers will reach 26.5M by the end of 2025, surpassing the 23.1M ad-free subscribers for the first time

The Guardian:
The UK has spent more than £500K since 2024, including £350K by the Department for Education, on 215 influencers to promote government campaigns

Daniel Thomas / Financial Times:
As the BBC fights Trump's $10B lawsuit and ITV plans to combine its broadcasting business with Sky in 2026, a look at the slow death of the UK's TV channels

More News

Lara O'Reilly / Business Insider:
Comcast's FreeWheel unit buys French video ad tech startup StickyAds.tv; source says for at least $100M
Alex Dobie / Android Central:
Google I/O 2016 preview: Android N news, Android VR headset, Chromebook Play Store, progress update on project Tango, and more

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