The Ticker

Written By Unknown on Sabtu, 14 Februari 2015 | 00.32

Facebook to let someone run account after you die

Facebook is making it easier to plan for your online afterlife.

The world's biggest online social network said yesterday that it will now let users pick someone who can manage their account after they die. Previously, the accounts were "memorialized" after death, or locked so that no one could log in.

But Facebook says its users wanted more choice. Beginning in the U.S., Facebook users can pick a "legacy contact" to post on their page after they die, respond to new friend requests and update their profile picture and cover photo. Users can also have their accounts deleted after their death, which was not possible before.

If you want someone to manage your account after you die, click on the upside-down triangle on the top right corner of your page, open "settings" and find "security." For U.S. users there will be an option to edit your legacy contact, who must be a Facebook user. But you don't have to pick someone else to manage your account. You can also check a box to permanently delete your account when you die.

Expedia to buy rival Orbitz for $1.3B

Expedia said yesterday that it is buying rival Orbitz Worldwide Inc. for about $1.3 billion. The deal adds the Orbitz brand and sites including CheapTickets and HotelClub to a lineup that already includes names such as Hotels.com, Hotwire, Trivago and Australia's Wotif.com. Expedia is also in the process of buying Travelocity.

In a conference call with analysts, CEO Dara Khosrowshahi said that even though big in the online segment, his company is "only a small player" in a
 $1.3 trillion travel market that includes giants such as Google and many newcomers. Expedia says its bookings account for only 4 percent of global travel spending.

The purchase of Orbitz would leap Expedia ahead of The Priceline Group Inc. in travel bookings, although Priceline would still be larger by revenue and stock market value. Besides its namesake website, Priceline owns Booking.com, Kayak and restaurant-reservation site OpenTable.

CBS profits up on Thursday football

CBS Corp., owner of the most-watched U.S. TV network, reported slightly higher-than-expected quarterly revenue and profit, helped by its Thursday night football broadcasts.

CBS won the rights to broadcast eight Thursday night NFL games during the 2014 season, giving it one of the most highly prized programs on a night coveted by advertisers.

  • Burlington-based Circor International, a provider of valves and other highly engineered products for markets, including oil and gas, power generation and aerospace and defense, announced that Erik Wiik, left, will join the company as group president. Wiik currently is executive vice president and regional president of Aker Solutions North America.

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