Chairman and chief executive of Alibaba Group Jack Ma reacts during a session of ''Future-Proofing the Internet Economy'' at the World Economic Forum (WEF) in China's port city Dalian, September 9, 2015. Reuters/Jason Lee Alibaba Group Holding Ltd (BABA.N) said it was being investigated by the U.S. ...
EU seeks to make buying online abroad easier, postage cheaper
An eBay sign is seen at an office building in San Jose, California May 28, 2014. Reuters/Beck Diefenbach/File Photo The European Commission proposed on Wednesday to ban Internet retailers from treating customers differently depending on where they live to encourage consumers to shop across the bloc ...
EU to probe deeper relations between web platforms and businesses
A woman hovers a mouse over the Google and European Union logos in this April 15, 2015 photo illustration. Reuters/Dado Ruvic/Illustration/File Photo The European Commission will examine the terms of use of web platforms such as Google, Amazon and Apple Inc's App Store for businesses to decide wheth...
Austria's FACC, hit by cyber fraud, fires CEO
An illustration picture shows a projection of binary code around the shadow of a man holding a laptop computer in an office in Warsaw June 24, 2013. Reuters/Kacper Pempel The head of Austrian aerospace parts maker FACC has been fired after the company was hit by a cyber fraud that cost it 42 million...
HP Enterprise to merge IT services unit with Computer Sciences
Signs for Hewlett Packard Enterprise Co. cover the facade of the New York Stock Exchange November 2, 2015. Reuters/Brendan McDermid Hewlett Packard Enterprise Co said it would spin off and merge its struggling IT services business with Computer Sciences Corp, allowing the company to focus on its clo...
Microsoft to quit mobile phone design, manufacturing: Finnish newspaper
A shadow of a man using his mobile phone is cast near Microsoft logo at the 2014 Computex exhibition in Taipei June 4, 2014. Reuters/Pichi Chuang Microsoft Corp (MSFT.O) will stop designing and manufacturing mobile phones, Finland's Helsingin Sanomat newspaper reported on its website citing an unnam...
Foxconn says won't sell Sharp's solar power business
Taiwan's Foxconn said on Wednesday it will not sell Sharp Corp's (6753.T) solar power business, amid concerns from business partners over a possible closure of the struggling division. "We want to let you know that we are totally committed to this business," Foxconn founder Terry Gou and Tai Jeng-wu...
Tech billionaire Thiel backing wrestler Hogan's Gawker lawsuit: Forbes
Billionaire investor Peter Thiel is helping wrestler Hulk Hogan bankroll his lawsuit against Gawker Media, according to a report in Forbes. Hogan, whose real name is Terry Bollea, in March won a $140 million jury verdict against Gawker in a privacy lawsuit stemming from a sex tape Gawker had publish...
China to protect IP, won't over-regulate innovation: Premier Li
China's Premier Li Keqiang delivers a speech at the First World Conference on Tourism for Development at the Great Hall of the People in Beijing, China, May 19, 2016. Reuters/Jason Lee China will focus on protecting intellectual property and commercial secrets, while offering a fair playing field fo...
Samsung Elec to defend interests against Huawei patent suits
A man speaks on his mobile phone near a Samsung store in central Kiev, Ukraine, May 11, 2016. Reuters/Valentyn Ogirenko Tech giant Samsung Electronics Co Ltd said on Wednesday it will defend itself against patent lawsuits filed by smartphone rival Huawei Technologies Co Ltd [HWT.UL]. Huawei, the wor...
Toyota, Uber latest to join forces in ride-sharing rush
The logo of Toyota is seen at a showroom in Jakarta, Indonesia February 24, 2016. Picture taken February 24. Reuters/Beawiharta Toyota Motor Corp (7203.T) and Uber said on Tuesday they would partner to explore ridesharing, including an investment by the Japanese automaker in the on-demand ride compa...
Red Bull deal gives GoPro wings
A GoPro Hero 3+ camera is seen at the Nasdaq Market Site before before GoPro Inc's IPO in New York City, June 26, 2014. Reuters/Mike Segar Shares of GoPro Inc (GPRO.O) got a lift on Tuesday after the struggling action camera maker said it was partnering with extreme sports sponsor Red Bull in a mark...
Apple rehires prominent security pro as encryption fight boils
People wait in line for the opening of the next generation Apple Store in San Francisco, California, U.S. May 21, 2016. Reuters/Stephen Lam Apple Inc (AAPL.O), which has resisted pressure from U.S. law enforcement to unlock encrypted iPhones, this month rehired a top expert in practical cryptography...
China's Huawei sues Samsung Electronics claiming mobile patent infringement
Huawei Technologies Co Ltd [HWT.UL] said on Wednesday it has filed lawsuits against Samsung Electronics Co Ltd claiming infringement of smartphone patents, in the first such case by the Chinese firm against the world's biggest mobile maker. Huawei has filed lawsuits in the United States and China se...
Google offers new features to local search ads
A man holds a smartphone, with the Google Maps app open, in Sarajevo, April 15, 2015. Reuters/Dado Ruvic Google Maps will soon carry promotional offers from nearby businesses along with ads and allow users to browse product inventories and menus. Alphabet Inc's Google said on Tuesday it would introd...
Twitter changes tweet format but keeps 140-character limit
A man reads tweets on his phone in front of a displayed Twitter logo in Bordeaux, southwestern France, March 10, 2016. Reuters/Regis Duvignau/Illustration/File Photo User names and media attachments such as photos and videos will no longer count towards the length of a tweet, Twitter Inc (TWTR.N) sa...
Dubai says opens world's first functioning 3D-printed office
Dubai has opened what it said was the world's first functioning 3D-printed office building, part of a drive by the Gulf's main tourism and business hub to develop technology that cuts costs and saves time. The printers - used industrially and also on a smaller scale to make digitally designed, three...
Prosecutor confirms Google Paris raid in tax evasion probe
French investigators raided Google's (GOOGL.O) Paris headquarters on Tuesday as part of a probe into tax evasion and money laundering, the financial prosecutor's office said, confirming media reports. The investigation, which started in June last year, aims to verify whether Google Ireland Ltd (GOOG...
SWIFT to unveil new security plan after hackers' heists
The SWIFT logo is pictured in this photo illustration taken April 26, 2016. Reuters/Carlo Allegri/Illustration/File Photo The SWIFT secure messaging service that underpins international banking said on Tuesday it plans to launch a new security program as it fights to rebuild its reputation in the wa...
Nokia could cut 10,000-15,000 jobs worldwide: union
Telecom network equipment maker Nokia (NOKIA.HE) is likely to cut 10,000 to 15,000 jobs globally as part of a cost-cutting program following its acquisition of Franco-American rival Alcatel-Lucent (ALUA.PA), a Finnish union representative said. Nokia kicked off the program in April with a target to ...
More challenges than cheer for Apple chief on Asia tour
Apple CEO Tim Cook waves as he attends a talk in Beijing October 23, 2014. China Daily/via Reuters/File Photo With slowing iPhone sales in China, Apple Inc (AAPL.O) is having to take India more seriously, but investors hoping for a stock price fillip from CEO Tim Cook's week-long Asia trip instead w...
Spotify revenues grow 80 percent to 1.9 billion euros in 2015, operating loss widens
Music streaming service Spotify reported an 80 percent increase in revenues to 1.945 billion euros in 2015 as its user base swelled and it expanded in new markets, a filing showed. The Stockholm-based company, which provides free on-demand music or ad-free tunes for paying customers, posted an opera...
Financial tech startups compete for overlooked U.S. immigrant market
For two decades, Noe Sanchez sent money from California to his father in Mexico City through storefront outlets of traditional remittance firms such as Western Union. Now he grabs his smartphone and uses Remitly, one of several new competing mobile apps promoting cheap and quick international transf...
Sony sees near-flat growth in annual profit as quake damage weighs
A logo of Sony Corp is seen outside its headquarters in Tokyo, Japan, January 27, 2016. Reuters/Yuya Shino Japan's Sony Corp said on Tuesday it expects operating profit to rise just 2 percent in the year through March 2017, weighed down by damage from deadly earthquakes that halted production at its...
South Korea's Mando in talks to supply parts for Tesla's Model 3: source
Tesla Motors' mass-market Model 3 electric cars are seen in this handout picture from Tesla Motors on March 31, 2016. Reuters/Tesla Motors/Handout via Reuters/File Photo Mando Corp (204320.KS) is in talks with Tesla Motors (TSLA.O) to supply parts for its Model 3 car, an industry source said, as it ...
SWIFT to unveil new security plan after hackers' heists
A man types on a computer keyboard in Warsaw in this February 28, 2013 illustration file picture. Reuters/Kacper Pempel/Files The SWIFT secure messaging service that underpins international banking said it plans to launch a new security program as it fights to rebuild its reputation in the wake of t...
NY lawmaker warns on U.S. financial security after SWIFT attacks
The SWIFT logo is pictured in this photo illustration taken April 26, 2016. Reuters/Carlo Allegri/Illustration/File Photo Recent hacks of international banks through the SWIFT messaging system raise serious questions about cyber-related risks to U.S. firms, Representative Carolyn Maloney wrote on Mo...
Facebook says no evidence of political bias found on 'Trending Topics'
A Facebook logo is pictured on an Apple's Ipad in Bordeaux, southwestern France, March 10, 2016. Reuters/Regis Duvignau/Illustration Facebook Inc said on Monday that an investigation into its editorial practices had found no evidence of political bias in the selection or prominence of stories shown ...
In Oracle vs. Google retrial, lawyers make final pitches to jury
Oracle Corp (ORCL.N) filed a multibillion-dollar copyright lawsuit against Google because Oracle failed in its own attempts to enter the smartphone market, a Google attorney said in closing arguments on Monday. In a retrial in federal court in San Francisco, Oracle Corp has claimed Google's Android ...
U.S. consumers buck investors' rush to self-driving cars : study
The rear of a Lexus SUV equipped with Google self-driving sensors is seen during a media preview of Google's prototype autonomous vehicles in Mountain View, California, U.S., September 29, 2015. Reuters/Elijah Nouvelage/File Photo U.S. consumers still resist the notion of self-driving cars, accordin...