As China e-commerce booms, private equity sees room for growth in storage space

HONG KONG (Reuters) - When U.S. private equity heavyweight Warburg Pincus [WP.UL] started looking at China's logistics sector in late 2009, there were more modern warehouses in Boston than in the whole of the world's most populous country.

U.S. trade judge clears Fitbit of stealing Jawbone's trade secrets

NEW YORK (Reuters) - Fitbit Inc did not steal rival Jawbone's trade secrets, a U.S. International Trade Commission judge ruled on Tuesday, dashing Jawbone's hopes of securing an import ban against Fitbit's wearable fitness tracking devices.

Ashley Madison parent broke Canada, Australia privacy laws

OTTAWA (Reuters) - The parent company of infidelity dating website Ashley Madison was responsible for numerous violations of privacy laws at the time of a massive release of customer data in a cyber attack last year, privacy watchdogs in Canada and Australia said on Tuesday.

Reporters at New York Times, other U.S. media, hacked: CNN

WASHINGTON (Reuters) - The FBI and other U.S. security agencies are investigating cyber breaches targeting reporters at the New York Times and other U.S. news organizations thought to have been carried out by hackers working for Russian intelligence, CNN reported on Tuesday, citing unnamed U.S. offi...

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Informatica expects valuation to double in five years

BENGALURU (Reuters) - Informatica, a privately held software developer, said it expects its valuation to double to at least $10 billion in the next five years, driven by investments in big data and cloud computing.

U.S. Trade Rep approves import ban on Arista devices, says rival Cisco

NEW YORK (Reuters) - The U.S. Trade Representative has upheld an import ban on Arista Networks Inc's ethernet switches following a federal commission's finding in June that the company's products infringed patents owned by rival Cisco Systems Inc , Cisco said.

Tesla to unveil new product Tuesday, shares rise

Founder and CEO of Tesla Motors Elon Musk speaks during a media tour of the Tesla Gigafactory, which will produce batteries for the electric carmaker, in Sparks, Nevada, U.S. July 26, 2016. REUTERS/James Glover II

Mobileye, Delphi to develop self-driving system

A device, part of the Mobileye driving assist system, is seen on the dashboard of a vehicle during a demonstration for the media in Jerusalem October 24, 2012. REUTERS/Baz Ratner

Samsung Electronics says to sell third Tizen OS smartphone in India

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, July 4, 2016. REUTERS/Kim Hong-Ji/File Photo

Sharp to review TV licensing deals to boost global presence

A man walks past Sharp Corp's liquid crystal display monitors showing the company logo in Tokyo, Japan, February 25, 2016. REUTERS/Yuya Shino

Amazon working on music subscription service for $5 a month: Recode

Amazon.com's logo is seen at Amazon Japan's office building in Tokyo, Japan, August 8, 2016. REUTERS/Kim Kyung-Hoon

Retailer Target to focus on digital efforts, CIO says

(Reuters) - U.S. retailer Target Corp will focus on technologies that enhance customers' store experience and on other digital efforts, Chief Information Officer Mike McNamara said.

Chinese investors buy ad tech startup Media.net for $900 million

(Reuters) - Advertising technology startup Media.net, founded by tech entrepreneur Divyank Turakhia, said on Monday it had been acquired for about $900 million by a group of Chinese investors.

Need drugs in jail? Try using a drone

LONDON (Reuters) - While Amazon and the British government are looking into how to use drones to deliver parcels to customers, criminals are already exploiting the technology to send drugs to accomplices in prison.

Samsung plans refurbished smartphone program: source

SEOUL/SINGAPORE (Reuters) - Samsung Electronics Co Ltd plans to launch a program to sell refurbished used versions of its premium smartphones as early as next year, a person with direct knowledge of the matter told Reuters.

Facebook can climb more than 20 percent on ad growth: Barron's

NEW YORK (Reuters) - Facebook Inc stock has the potential to climb by more than 20 percent over the next year given the growing advertising revenue among its platforms, according to a Barron's report on Sunday.

Incoming Viacom CEO plans investor campaign as shakeup looms

NEW YORK (Reuters) - As Viacom Inc prepares to announce the impending departure of CEO Philippe Dauman, his interim replacement, Thomas Dooley, is planning to reach out to investors, setting a new tone for a company that has kept communications minimal.

Massachusetts to tax ride-hailing apps, give the money to taxis

(Reuters) - Massachusetts is preparing to levy a 5-cent fee per trip on ride-hailing apps such as Uber and Lyft and spend the money on the traditional taxi industry, a subsidy that appears to be the first of its kind in the United States.

AT&T, Apple, Google to work on 'robocall' crackdown

WASHINGTON (Reuters) - The chief executive of AT&T will announce Friday that 33 companies including the telecom giant, Alphabet Inc , Apple Inc and Comcast Corp are joining an effort with the U.S. Federal Communications Commission (FCC) to crackdown on robocalls.

Vevo hires Goldman Sachs for up to $500 million capital raise: FT

(Reuters) - Online music video service Vevo has hired Goldman Sachs Group Inc to raise up to $500 million from new investors, the Financial Times reported, citing people briefed on the plans.