Alibaba annual transaction volumes cross 3 trillion yuan, but growth slows

Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Reuters/Brendan McDermid Chinese e-commerce company Alibaba Group Holding Ltd said on Monday its total transaction volume had surpassed 3 trillion yuan ($463 billion) in the fiscal year t...

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Smaller iPhone expected Monday as Apple counters drop in phone sales

An Apple iPhone is pictured next to the logo of Apple in Bordeaux, southwestern France, February 26, 2016. Reuters/Regis Duvignau Apple Inc (AAPL.O) is expected to launch a smaller, cheaper iPhone on Monday aimed at emerging markets and possibly China, the world's biggest buyer of smartphones, as it...

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Apple 'privacy czars' grapple with internal conflicts over user data

As Apple Inc(AAPL.O) feuds with the U.S. government over iPhone privacy protections, the tech giant is also grappling with internal conflicts over privacy that could pose challenges to its long-term product strategy. Unlike Google(GOOGL.O), Amazon(AMZN.O) and Facebook(FB.O), Apple is loathe to use c...

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Foxconn to reduce offer for Sharp by around $900 million: Jiji

A Sharp Corp showroom is seen in Tokyo in this January 10, 2009 file photo. Reuters/Stringer/Files Taiwan's Foxconn is likely to reduce its capital injection into embattled Japanese electronics firm Sharp Corp (6753.T) by around 100 billion yen ($898 million), from an initial plan of 489 billion yen...

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China's Xiaomi says has no plans to raise funds

Three models of China's Xiaomi Mi phones are pictured during their launch in New Delhi July 15, 2014. Reuters/Anindito Mukherjee China's most valuable start-up Xiaomi Inc [XTC.UL] is financially self-sufficient and has no plans to raise funds, its global vice-president said on Monday. Xiaomi, the wo...

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Exclusive: SWIFT to advise banks on security as Bangladesh hack details emerge

Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman The SWIFT messaging system plans to ask banks to make sure they are following recommended security practices following an unprecedented cyber attack on Bangladesh's central bank that yi...

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Blackstone makes quiet sale ahead of FCC airwaves auction

A quiet decision by private equity firm Blackstone Group LP (BX.N) to recently sell three TV stations may foreshadow uncertain returns for some selling TV airwaves and lower wireless demand in the U.S. government's upcoming spectrum auction, industry watchers say. The U.S. Federal Communications Com...

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Exclusive: Lyft drivers, if employees, owed millions more - court documents

Maya Jackson, a Lyft driver from Sacramento, holds a Lyft Glowstache during a photo opportunity in San Francisco, California February 3, 2016. Reuters/Stephen Lam Drivers who worked for ride-hailing service Lyft in California during the past four years would have been entitled to an estimated $126 m...

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Cyber expert disappears after comments on Bangladesh central bank heist

Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman A cyber crime expert has disappeared after talking to police and the media about an attempted $951 million cyber heist from Bangladesh's central bank, his wife said on Sunday. Kamrun Na...

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Facebook's Zuckerberg meets propaganda czar in China charm drive

Facebook's co-founder and CEO Mark Zuckerberg met China's propaganda tsar Liu Yunshan in Beijing on Saturday as part of a charm offensive in one of the few markets where the social network cannot be accessed. The rare meeting, reported by China's state news agency Xinhua, suggests warming relations ...

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Bangladesh seeks FBI's help in investigating central bank heist

Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman Bangladesh has formally sought assistance from the U.S. Federal Bureau of Investigation to track down the cyber crooks who stole $81 million from its central bank's U.S. account, the in...

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Lufthansa reports near miss with drone over Los Angeles

The logo of Lufthansa airline is pictured on a dividing stripe in Frankfurt airport, Germany, March 17, 2016. Reuters/Kai Pfaffenbach The pilot of a Lufthansa passenger jumbo jet reported a drone aircraft nearly collided with the airliner on Friday on its landing approach to Los Angeles Internationa...

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Microsoft apologizes for GDC party with skimpily-clad dancers

A Microsoft logo is seen at a pop-up site for the new Windows 10 operating system at Roosevelt Field in Garden City, New York July 29, 2015. Reuters/Shannon Stapleton Microsoft Corp apologized for hiring dancers dressed as skimpily-clad schoolgirls for its Game Developer Conference (GDC) afterparty ...

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GameStop attracts large investors as shorts back off

The GameStop store sign is seen at its shop in Westminster, Colorado January 14, 2014. Reuters/Rick Wilking GameStop, one of the most shorted U.S. stocks, has started to attract institutional buyers and dissuade some traders betting against it as it fights off a consumer shift toward downloading vid...

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U.S. prosecutors, Apple to bring witnesses to hearing on locked iPhone

3D printed Apple logo are seen in front of a displayed cyber code in this illustration taken February 26, 2016. Reuters/Dado Ruvic/Illustration The U.S. government and Apple Inc (AAPL.O) will be able to cross-examine witnesses in a court hearing next week over whether the company must help federal i...

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Symphony financial messaging eyes 150,000 users this year

Financial messaging venture Symphony expects to have up to 150,000 users this year, topping its previous estimate as banks and asset managers sign up to a system aimed at addressing concerns over security and the cost of monitoring staff online. Chief Executive David Gurle told Reuters the messaging...

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Stripe expands payments service to Cuba to support startups

People stand outside a currency exchange shop to change money in Havana, March 17, 2016. Reuters/Enrique De La Osa Silicon Valley payments company Stripe is bringing its services to Cuba to help entrepreneurs there start new businesses, an action that brings U.S. tech services to Cubans as relations...

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Twitter to keep 140-character limit, says CEO Jack Dorsey

Jack Dorsey, CEO of Square and CEO of Twitter, speaks during an interview with CNBC following the IPO for Square Inc., on the floor of the New York Stock Exchange November 19, 2015. Reuters/Lucas Jackson Twitter Inc's 140-character tweets are here to stay, Chief Executive Jack Dorsey said on Friday,...

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Facebook, Twitter compete for live TV rights - NY Post

A Facebook logo is pictured on an Apple's Ipad in Bordeaux, southwestern France, March 10, 2016. Reuters/Regis Duvignau/Illustration Facebook Inc and Twitter Inc are vying to buy rights to stream conventional TV programming, the New York Post reported on Thursday. Both companies have approached prog...

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EU may investigate online content providers over cross-border trade

European Competition Commissioner Margrethe Vestager addresses a news conference in Brussels, Belgium, January 11, 2016, after the European Commission demanded on Monday that Belgium recover some 700 million euros ($762.9 million) from 35 large companies in back taxes in its... Reuters/Francois Leno...

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