News bites: Merchants to announce plans for mobile payment network

More than a dozen companies — such as Wal-Mart, Target and 7-Eleven — are to set to announce plans to launch a mobile payment network that would compete with Google Wallet and similar services, according to The Wall Street Journal.

Facebook is test-driving a new advertising service that lets companies place more ads in people's News Feeds, even if a user hasn't indicated that he or she "likes" the particular company, according to Bloomberg.

A lawsuit in California against Hulu rests on the 1988 Video Privacy Protect Act and whether the website infringed on people's privacy by sharing their viewing history to companies that could serve up customized ads to them, The New York Times reports. 

On-demand car service Uber is running into trouble in Boston, where the company received a cease-and-desist letter that claimed Massachusetts law hasn't approved the use of GPS technology in commercial transportation transactions, CNET writes.

Facebook is engaged in an all-out push to convince marketers that ads on the social network will lead to more sales, The Wall Street Journal reports.