KUALA LUMPUR (Reuters) - Alibaba Group Holding Ltd said on Wednesday it would set up a logistics hub in the Malaysian capital that will serve as the Chinese e-commerce company's regional distribution hub.
Gemalto cuts profit guidance on weak U.S. payment business expectation
(Reuters) - Dutch digital security services company Gemalto said on Wednesday it expects first-quarter revenue and full-year profit to be lower on account of weaker performance at its payment business in the United States.
Indian e-commerce firm Snapdeal says not in talks for sale
MUMBAI (Reuters) - Indian e-commerce marketplace Snapdeal on Wednesday firmly denied that it was in talks to sell the firm, after Mint newspaper reported the company was in talks with domestic rivals for a potential sale.
Online advertisers sign up to better standards
BRUSSELS/FRANKFURT (Reuters) - A broad coalition of advertising trade groups, ad buyers and sellers from Western Europe and the United States have urged the industry to stop using annoying online marketing formats that have fuelled the rapid rise of ad-blockers.
Baidu's chief scientist, who led firm's AI push, to resign
SHANGHAI (Reuters) - Baidu Inc chief scientist Andrew Ng said on Wednesday he will resign from the Chinese search engine company after three years of leading its drive into artificial intelligence (AI) and augmented reality (AR) projects.
LG Electronics to launch mobile payments service in South Korea in June
An LG Electronics' logo is pictured on a TV displayed at a shop in Seoul, South Korea, April 26, 2016. REUTERS/Kim Hong-Ji/File Photo
Uber board backs CEO Kalanick, still looking for chief operating officer
SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] plans to keep co-founder Travis Kalanick as chief executive following a series of damaging events at the ride services company, a member of its board said on Tuesday in a rare call with reporters.
Supreme Court gets rid of delay defense in patent cases
(Reuters) - A U.S. Supreme Court ruling on Tuesday in a lawsuit over adult diapers will make it more difficult for companies accused of patent infringement to shoot down lawsuits because the plaintiffs waited too long to bring them.
Apple drives further into Facebook, Snap territory with video app
FILE PHOTO: The Apple Inc. store is seen in Los Angeles, California, U.S., September 16, 2016. REUTERS/Lucy Nicholson/File Photo
Student Aid Tool Held Key for Tax Fraudsters
Citing concerns over criminal activity and fraud, the U.S. Internal Revenue Service (IRS) has disabled an automated tool on its Web site that was used to help students and their families apply for federal financial aid. The removal of the tool has created unexpected hurdles for many famili...
Student Aid Tool Held Key for Tax Fraudsters
Citing concerns over criminal activity and fraud, the U.S. Internal Revenue Service (IRS) has disabled an automated tool on its Web site that was used to help students and their families apply for federal financial aid. The removal of the tool has created unexpected hurdles for many famili...
Amazon to expand counterfeit removal program in overture to sellers
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol
U.S. top court weighs Microsoft's appeal in Xbox class action
FILE PHOTO -- A Microsoft logo is seen a day after Microsoft Corp's $26.2 billion purchase of LinkedIn Corp, in Los Angeles, California, U.S. June 14, 2016. REUTERS/Lucy Nicholson/File Photo
Indians leave bankers in the cold in $23 billion telecoms mega-deal
HONG KONG/MUMBAI (Reuters) - Investment banking business in India should be enjoying bumper fees after a record year of dealmaking. It's not, and big banks blame in-house teams of advisers that have proliferated as the country's top family-owned conglomerates tighten their grip.
Twitter suspends more than 636,000 accounts to tackle extremism
(Reuters) - Twitter Inc said on Tuesday it had suspended more than half a million accounts since the middle of 2015 as the company steps up efforts to tackle "violent extremism" on its microblogging platform.
Reddit rolls out user profiles amid site makeover
(Reuters) - Social media network Reddit announced on Tuesday that it will begin rolling out public profiles for users, the latest in a series of changes aimed at boosting engagement on the hugely popular site.
Drone-catchers emerge on a new aerial frontier
SAN LEANDRO, Calif. (Reuters) - The enemy drone whined in the distance. The Interceptor, a drone-hunting machine from Silicon Valley startup Airspace Systems, slinked off its launch pad and dashed away in hot pursuit.
Apple unveils new iPad starting at $329
(Reuters) - Apple Inc unveiled an updated version of its iPad tablet on Tuesday, starting at $329 and available to order from Friday.
Rocket launch startup Rocket Lab snags $75 million new funding
CAPE CANAVERAL, Fla. (Reuters) - Privately owned Rocket Lab, a Los Angeles- and New Zealand-based startup poised to begin small satellite launch services this year, has closed a Series D financing round of $75 million, company officials said on Tuesday.
Deutsche Bank launches tech startup lab in New York City
NEW YORK (Reuters) - Deutsche Bank AG has opened a new center in New York to work with financial technology startups that can help it improve its technology.
BMW CEO expects China to clarify electric car policy in next weeks
MUNICH (Reuters) - BMW Chief Executive Harald Krueger said he expected Chinese authorities to soon clarify the size of a proposed quota for electric cars as the German carmaker overhauls its production system to make more zero-emission vehicles.
Google sister company Jigsaw offers free security tools to election groups
FRANKFURT/AMSTERDAM (Reuters) - Google and its sister company Jigsaw, are stepping up efforts to help keep elections free of online interference after helping to defend one of two important voter information websites that came under cyber attack during last week's Dutch national election.
Google to revamp policies, hire staff after UK ad scandal
LONDON (Reuters) - Google vowed on Tuesday to police its websites better by ramping up staff numbers and overhauling its policies after several companies deserted the internet giant for failing to keep their adverts off hate-filled videos.
Southeast Asian ride hailing firm Grab expands to Myanmar
SINGAPORE (Reuters) - Ride hailing firm Grab, the main Southeast Asian rival of Uber Technologies Inc [UBER.UL], launched services in Myanmar on Tuesday, expanding operations to a seventh country in the region.
Apple CEO visits China bike-sharing start-up ofo
HONG KONG (Reuters) - Apple Inc chief executive Tim Cook paid a visit to Chinese bike-sharing company ofo on Tuesday, as the country's ride-sharing start-ups fight aggressively for investor dollars and market share.
Panasonic to take control of Spanish auto parts maker Ficosa
TOKYO (Reuters) - Japan's Panasonic Corp on Tuesday said it has agreed to become majority owner of Spanish auto parts maker Ficosa International SA [FICOS.UL] as it bolsters its push into the automotive field.
Alibaba buys online ticketing platform Damai
SHANGHAI (Reuters) - China's Alibaba Group Holding Ltd has fully acquired online ticketing platform Damai.cn, the e-commerce giant said on Tuesday, marking a further push into entertainment by the firm.
Adobe, Microsoft team up to share sales and marketing data
(Reuters) - Microsoft Corp and Adobe Systems Inc are joining to make their respective sales and marketing software products more potent competitors to Salesforce.com Inc and Oracle Corp offerings, the two firms said Monday.
SoftBank invests $300 million in shared-office startup WeWork: source
SAN FRANCISCO (Reuters) - SoftBank Group Corp has invested $300 million in shared-office space company WeWork, the first installment of a multi-billion-dollar bet, according to a source familiar with the matter.
Bitcoin steadies after biggest three-day tumble in over two years
LONDON (Reuters) - Bitcoin regained its footing on Monday, having suffered its heftiest falls since early 2015 between Thursday and Saturday as investors sold the digital currency on worries about its future.