LVMH's digital drive takes time despite Apple hire

PARIS (Reuters) - When LVMH hired former Apple music executive Ian Rogers to craft a digital strategy, investors may have hoped for some quick results. If so, they are probably disappointed.

Chinese wanderlust drives rapid growth for payment platform Alipay

SHANGHAI (Reuters) - China's Alipay payment platform has inked deals with 10 overseas airports as it looks to expand on the back of Chinese consumers' growing appetite for travel, and has already signed up more than 80,000 merchants worldwide, a senior executive said on Monday.

Canvas Ventures raises $300 million fund to back startups

SAN FRANCISCO (Reuters) - Silicon Valley venture capital firm Canvas Ventures has raised a $300 million fund to make new investments into startups working on fintech, healthcare, artificial intelligence and other cutting-edge technology.

UAE to introduce new laws soon to regulate drones

ABU DHABI (Reuters) - The United Arab Emirates will finalize laws to more heavily regulate the sale of drones and their operations soon, aiming to minimize risks posed by unmanned aerial vehicles, an official at the aviation regulator said on Monday.

Didi Chuxing invests 'tens of millions' in Chinese bike-sharing platform

SHANGHAI (Reuters) - Chinese ride-hailing service Didi Chuxing on Monday said it has invested "tens of millions of dollars" in the country's largest bicycle-sharing platform ofo, as it looks to provide its users with more transportation options.

Exclusive: Thailand considering tougher tax collection rules for internet, tech firms

BANGKOK (Reuters) - Thailand is studying plans for tougher tax collection rules governing internet and technology firms, according to the head of the country's Revenue Department.

HERE, automakers team up to share data on traffic conditions

LONDON (Reuters) - German digital map maker HERE will introduce a new set of traffic services this week that allows drivers to see for themselves what live road conditions are like miles ahead using data from competing automakers, an industry first.

Tencent to donate 2 percent of profit as Chinese online charity grows

HONG KONG (Reuters) - Chinese billionaire Pony Ma Huateng, the founder of internet group Tencent, on Friday said his company would donate 2 percent of its annual profit to charity and flagged growth in the use of mobile internet in China's philanthropy sector.

Samsung Electronics delays South Korea re-start of Note 7 sales by three days

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Sunday it was delaying the start of new Galaxy Note 7 smartphone sales in South Korea by three days to Oct. 1, a move it says is needed for speedy completion of the ongoing recall in the country.

Snapchat to offer camera-equipped sunglasses in first hardware push

NEW YORK (Reuters) - Snap Inc, the newly renamed parent company of messaging app Snapchat, plans to start selling camera-equipped sunglasses starting this fall, Chief Executive Evan Spiegel told the Wall Street Journal in an interview.

Trump Hotels settles with N.Y. Attorney General over data breaches

NEW YORK (Reuters) - Trump International Hotels Management LLC agreed to pay $50,000 to settle with New York State over data breaches that exposed 70,000 credit card numbers and other personal information, New York Attorney General Eric Schneiderman announced on Friday.

Facebook apologizes for overstating key ad metric

(Reuters) - Facebook Inc on Friday apologized for an error in the way it measured a key metric of video viewership that significantly amplified users' viewing times on its platform.

IBM, China UnionPay complete block chain pilot project on bank loyalty points

NEW YORK (Reuters) - IBM said on Friday it completed a pilot project with Chinese credit card company China UnionPay that will facilitate the sharing of loyalty bonus points among banks using block chain technology.

After Yahoo data breach, some angry users close accounts

(Reuters) - Many Yahoo users rushed on Friday to close accounts, some of which they had not used in years, after the internet company announced it suffered one of the world's largest cyber breaches.

SpaceX blast investigation suggests breach in oxygen tank's helium system

DALLAS (Reuters) - A SpaceX rocket that burst into flames on its launch pad early this month likely suffered a large breach in its upper-stage helium tank, the company said on Friday.

Twitter moving closer to sale: possible suitors salesforce, Google: CNBC

(Reuters) - Twitter Inc is moving closer to a sale, according to a CNBC report, sending the microblogger's shares up more than 17 percent in premarket trading.

Samsung phone emits smoke on Indian plane mid-air, no damage

NEW DELHI (Reuters) - A Samsung Electronics smartphone sent smoke from an overhead baggage compartment on an Indian commercial plane during a flight on Friday, India's aviation regulator said, but there was no damage and the aircraft landed safely.

China's Huawei to start India smartphone production in Oct

MUMBAI/BEJING (Reuters) - Chinese telecoms giant Huawei Technologies Co Ltd [HWT.UL] will start making smartphones in India next month, the company said on Friday, joining a wave of compatriots setting up plants in the world's third-biggest mobile market.

Tencent to donate 2 percent of profit as Chinese online charity grows

HONG KONG (Reuters) - Chinese billionaire Pony Ma Huateng, the founder of internet group Tencent, on Friday said his company would donate 2 percent of its annual profit to charity as mobile technology and new philanthropy laws in China make donations easier.

Tanzanian lecturer charged with insulting president on WhatsApp

DAR ES SALAAM (Reuters) - A Tanzanian lecturer has been charged with insulting President John Magufuli in a WhatsApp message, a senior police official said on Friday, bringing the number of people charged under a tough new cybercrimes law to 10.

Exclusive: Japan's antitrust watchdog considers action against Apple, carriers - sources

TOKYO (Reuters) - Japanese regulators are considering taking action against Apple Inc over possible antitrust violations that may have helped it dominate the nation's smartphone sales, government sources said, a move that could hit the company's profit margins in one of its most profitable markets.

Samsung Europe executive sees Note 7 across region by late November

FRANKFURT (Reuters) - Samsung Electronics aims to re-launch its flagship Note7 smartphone across Europe well before year-end, but it could well be 2017 before the company fully rebounds from a global product recall tied to defective batteries, a regional executive said on Thursday.

Gaming and gambling in Liberty's F1 growth plan

(Reuters) - Gaming and gambling are among potential growth areas for Formula One as the sport's new owners seek to develop largely untapped digital markets, Liberty Media chief executive Greg Maffei said on Thursday.

Exclusive: Probe of leaked U.S. NSA hacking tools examines operative's 'mistake'

SAN FRANCISCO/WASHINGTON (Reuters) - A U.S. investigation into a leak of hacking tools used by the National Security Agency is focusing on a theory that one of its operatives carelessly left them available on a remote computer and Russian hackers found them, four people with direct knowledge of the ...

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Tesla sues Michigan officials over state bar on sales

WASHINGTON (Reuters) - Tesla Motors Inc filed suit Thursday in U.S. District Court in Michigan against Governor Rick Snyder and other state officials over the state's refusal to allow the Palo Alto, California automaker to sell vehicles directly to consumers.

Uber rival Grab partners with driverless car firm in Singapore

SINGAPORE (Reuters) - Users of ride-hailing firm Grab will be able to book driverless cars from Friday as it partners with a start-up testing the technology in Singapore, just days after rival Uber [UBER.UL] debuted its self-driving vehicles in the United States.

Thomson Reuters purchases buy-side tech firm REDI

LONDON (Reuters) - Thomson Reuters has agreed to acquire trading technology firm REDI Holdings, it said in a statement on Thursday.

Get off my lawn! Pokemon Go tests global property laws

LONDON (Thomson Reuters Foundation) - Within one week in July the Sydney suburb of Rhodes was transformed from a quiet neighborhood to what resident Joyce Wong described as a "place of carnage" with hundreds of people wandering around like "zombies".

Instagram says advertisers more than double in six months

(Reuters) - Facebook Inc's Instagram said on Thursday its advertising base more than doubled to exceed 500,000 in the last six months.

Yahoo set to confirm massive data breach: Recode

A Yahoo logo is seen on top of the building where they have offices in New York City, U.S., July 25, 2016. REUTERS/Brendan McDermid