MUMBAI (Reuters) - Indian online marketplace Snapdeal is to lay off 600 employees and its founders will forego their salaries as the company struggles to turn a profit in a market increasingly dominated by rivals Flipkart and Amazon .

(Reuters) - Verizon Communications Inc said on Wednesday it would offer its high-speed wireless 5G network to certain customers in 11 U.S. cities in the first half of 2017.

NEW YORK (Reuters) - Snap Inc, owner of popular messaging app Snapchat, fended off investor skepticism on the second day of its IPO roadshow on Tuesday, betting on the charisma of CEO Evan Spiegel, 26, whom it introduced as a "once in a generation founder."

NEW YORK (Reuters) - Facebook Inc is in talks with Major League Baseball to live stream one game per week during the upcoming season, which could be a key win as the social media platform works to offer more live sports, according to two people familiar with the situation.

SAO PAULO (Reuters) - Creditas Soluções Financeiras Ltda, a Brazilian financial technology firm focused on secured consumer loans, has obtained $19 million from investors in a financing round that will allow it to provide borrowers with funds for one-fourth of what they pay to domestic...

Amid the hustle and bustle of the RSA Security Conference in San Francisco last week, researchers at RSA released a startling report that received very little press coverage relative to its overall importance. The report detailed a malware campaign that piggybacked on a popular piece of so...

Amid the hustle and bustle of the RSA Security Conference in San Francisco last week, researchers at RSA released a startling report that received very little press coverage relative to its overall importance. The report detailed a malware campaign that piggybacked on a popular piece of so...

(Reuters) - Package delivery company United Parcel Service Inc tested home delivery by drone in Lithia, Florida, on Monday, the first step in what the company hopes will be a move toward more automated delivery.

JERUSALEM (Reuters) - Israel's Mobileye and German automaker BMW said on Tuesday they signed an agreement to install Mobileye's data generation technology in BMW cars starting with 2018 models.

TEL AVIV (Reuters) - Investors are betting heavily that Israeli defense and cyber-security firms will reap a windfall from President Donald Trump's big U.S. spending plans, although likely benefits for the wider economy remain like the man himself - hard to predict.

(Reuters) - Verizon Communications Inc , the No. 1 U.S. wireless carrier, said on Tuesday it agreed to buy the core internet business of Yahoo Inc for $4.48 billion, reflecting a $350 million cut to the original price.

TOKYO (Reuters) - Toshiba Corp wants to pick the preferred bidder or bidders for a majority stake in its chip unit by the end of May and will hold the first round of bids next month, a source with knowledge of the plan said.

MUMBAI (Reuters) - India's richest man Mukesh Ambani is likely to announce on Tuesday that Reliance Industries' has reached its targeted 100 million subscribers on its Jio telecom unit, a source familiar with the matter said.

MADRID (Reuters) - Spain's Telefonica said on Tuesday it had agreed to sell up to a 40 percent stake in its telecom masts subsidiary Telxius to private equity firm KKR for 1.275 billion euros ($1.35 billion).

NEW YORK (Reuters) - Money transfer company TransferWise has launched a new service that allows users to send money internationally through Facebook Inc's chat application, as competition in the digital payments landscape intensifies.

(Reuters) - Uber Technologies Inc has hired former U.S. Attorney General Eric Holder to conduct a review of sexual harassment claims at the ride-hailing service made by a former employee.

TOKYO (Reuters) - Toshiba Corp wants to raise as least 1 trillion yen ($8.83 billion) from the sale of a majority stake in its NAND flash memory business to plug a hole in its finances from a $6.3 billion writedown of its U.S. nuclear unit, a source said.

BRUSSELS (Reuters) - European Union data protection watchdogs said on Monday they were still concerned about the privacy settings of Microsoft's Windows 10 operating system despite the U.S. company announcing changes to the installation process.

MUMBAI (Reuters) - Uber users in India, who until now had Chinese Internet giant Alibaba-backed PayTM as the only payment wallet option available to book a ride, will now be able to pay through Reliance Jio Infocomm's [RELIB.UL] Jio Money.

LONDON (Reuters) - Snap Inc, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday, looking to persuade London money managers to back its initial public offering in the face of concerns about its growth prospects, valuation and corporate governance.