GoDaddy to buy Host Europe for $1.82 billion to boost web hosting business

(Reuters) - U.S.-based website domain name provider GoDaddy Inc said on Tuesday it would buy peer Host Europe Group (HEG) for 1.69 billion euros ($1.82 billion), including debt, as it looks to expand beyond the initial set-up of websites.

Oil firms and carmakers diverge in costly debate

LONDON (Reuters) - Many carmakers are predicting a significant shift to electric vehicles in the next decade. Advances in battery technology and the growth of autonomous driving and ride sharing - suited to electric vehicles - will power this expansion, they reason.

Alipay expands partnerships to tap Chinese travelers to Europe

A sales assistant sits behind and under Alipay logos at a train station in Shanghai, February 9, 2015. REUTERS/Aly Song/File Photo

Toyota to expand hybrid system development to further cut emissions

Toyota Motor Corp's logo is pictured on a car in Tokyo, Japan, November 8, 2016. REUTERS/Kim Kyung-Hoon

Apple Watch sales to consumers set record in holiday week, says Apple's Cook

SAN FRANCISCO (Reuters) - Sales of the Apple Watch to consumers set a record during the first week of holiday shopping, and the current quarter is on track to be the best ever for the product, Apple Inc Chief Executive Tim Cook told Reuters.

Delaware Court revives case over Pincus's Zynga stock sale

WILMINGTON, Del. (Reuters) - The Delaware Supreme Court revived a lawsuit against Zynga Inc's controlling shareholder, Mark Pincus, and fellow board members for allegedly allowing leaders of the social gaming company to act on inside information and dump stock before it crashed in 2012.

DDoS, IoT Top Cybersecurity Priorities for 45th President

Addressing distributed denial-of-service (DDoS) attacks designed to knock Web services offline and security concerns introduced by the so-called “Internet of Things” (IoT) should be top cybersecurity priorities for the 45th President of the United States, according to...

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DDoS, IoT Top Cybersecurity Priorities for 45th President

Addressing distributed denial-of-service (DDoS) attacks designed to knock Web services offline and security concerns introduced by the so-called “Internet of Things” (IoT) should be top cybersecurity priorities for the 45th President of the United States, according to...

Continue reading

Web giants to cooperate on removal of extremist content

BRUSSELS (Reuters) - Web giants YouTube, Facebook, Twitter and Microsoft will step up efforts to remove extremist content from their websites by creating a common database.

Former hedge fund exec's Empire Report keeps tabs on New York

BOSTON (Reuters) - Former hedge fund executive JP Miller launched an app on Monday for his startup news site Empire Report that is modeled on the Drudge Report and chronicles New York, its politicians, financiers and celebrities.

Chilean start-up that uses AI to reinvent food eyes U.S. deals

SANTIAGO (Reuters) - A Chilean start-up that has built artificial intelligence software to help recreate animal-based foods using plants is looking toward U.S. multinationals after signing deals at home to sell its products, the company's founders said.

Tech investors say UK must clarify Brexit immigration stance

LONDON (Reuters) - London could lose its position as the leading destination for start-ups in Europe if it does not remain open to the best talent after the British vote to leave the European Union, investors warned on Monday.

U.S. makes new arrest in fraud probe of bankrupt video tech firm

NEW YORK (Reuters) - U.S. prosecutors on Monday announced the arrest of a New Jersey man accused of engaging in a multimillion-dollar fraud scheme involving bankrupt video technology firm Kit Digital, in the latest case to spill out of the startup's failure.

VW's new division takes aim at Uber-style competition

LONDON (Reuters) - Volkswagen launched a new digital business division on Monday to take on services such as Uber , shifting its focus beyond selling cars to catering for customers who prefer to pay for use rather than own a vehicle.

Amazon introduces first physical grocery store

(Reuters) - Amazon.com Inc's new bricks-and-mortar grocery store doesn't have at least one thing that supermarkets have - queues at the checkout counter.

Consolidated Communications to buy FairPoint in $1.5 billion deal

(Reuters) - Consolidated Communications Holdings Inc said on Monday it would buy broadband service provider FairPoint Communications Inc in an all-stock deal valued at $1.5 billion, including debt, to boost its fiber network.

Bangladesh to share findings of heist inquiry with Philippines

DHAKA (Reuters) - Bangladesh will share findings from its investigation into how unidentified hackers pulled off one of the world’s biggest cyber bank heists to help speed up recovery of the stolen funds, its law minister said on Monday.

Sharp CEO Tai says to step down once stock returns to TSE first section

TOKYO (Reuters) - Sharp Corp CEO and President Tai Jeng-wu told reporters on Monday he would step down once the Japanese electronics maker turns profitable again at the net level and its shares return to the first section of the Tokyo Stock Exchange.

Social media ads to hit $50 billion by 2019 -Zenith

LONDON (Reuters) - The amount of money spent on advertising on social media is set to catch up with newspaper ad revenues by 2020, a leading forecaster said on Monday.

Panasonic in talks to buy ZKW for up to $1 billion: Nikkei

TOKYO (Reuters) - Japan's Panasonic Corp is in the final stages of talks to buy European automotive light maker ZKW Group for up to $1 billion, accelerating its push into the automotive electronics market, the Nikkei business daily reported Monday.