New communication sector’s shine could soon wear off


Google expose: Last Monday, Google announced that private data from 500,000 users of its Google social network may have been exposed to external developers. — Reuters

NEW YORK: The mash-up of old and new media may not be a winning combination for the new S&P communication services sector index as its highest fliers face regulatory threats and challenges to user growth.

The reconstituted sector, which debuted at the end of September, includes telecom, Internet, media and entertainment companies such as AT&T Inc, Walt Disney Co and Twitter Inc.

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