LONDON (Reuters) - Amazon’s (AMZN.O) assault on the retail industry has brought misery to traditional retailers without a strong web presence. Less well noticed is the patchwork of European companies that are turning the e-commerce revolution to their advantage, supplying online giants with ev...
Tencent, JD.com buy stakes in Chinese retail chain
HONG KONG (Reuters) - Tencent Holdings and JD.com will pay $140 million and $117 million respectively for minority stakes in a Chinese retail chain as China’s tech giants extend their battles in the retail space. A Tencent subsidiary is buying a 6 percent stake in Better Life Commercial Chain ...
Google starts taking payments for apps via Kenya's M-Pesa service
NAIROBI (Reuters) - Google Play apps and games store has started accepting payments in Kenya through Safaricom’s mobile phone M-Pesa service to boost downloads in a market where many people do not have a credit card. M-Pesa, which enables customers to transfer money and pay bills via mobile ph...
Easy Ride trial to mark Nissan's first stop on road to taxi services
YOKOHAMA (Reuters) - Nissan Motor Co is taking its first steps to becoming an operator of autonomous vehicle services, hoping to break into a segment set to be dominated by Uber [UBER.UL] and other technology firms. While automakers for more than a century have based their business models on individ...
China's Huawei set to lead global charge to 5G networks
FRANKFURT/HONG KONG (Reuters) - China’s Huawei is forging closer commercial ties with big telecom operators across Europe and Asia, putting the company in prime position to lead the global race for next-generation 5G networks despite U.S. allegations it poses a security threat. Huawei’s ...
Plugins
As technology gains a more important role in our lives, it also grows in complexity. Given how quickly technology changes, keeping up with security advice can be confusing. It seems like there is always new guidance on what you should or should not be doing. However, while the details of how to stay...
With Easy Ride trial, Nissan takes new step toward being Uber competitor
YOKOHAMA (Reuters) - Facing a future in which self-driving cars may curb vehicle ownership, Nissan Motor Co is taking its first steps to becoming an operator of autonomous transportation services, hoping to break into a segment set to be dominated by Uber Technologies and other technology firms. In ...
Airbnb CEO pledges to take more responsibility for impact to housing
SAN FRANCISCO (Reuters) - Home-booking company Airbnb has sparred with regulators across the globe, but Chief Executive Brian Chesky on Thursday spoke of coming to terms with his responsibility for how the company can impact housing markets and neighborhoods. “Every year I think you have a sen...
Chase ‘Glitch’ Exposed Customer Accounts
Multiple Chase.com customers have reported logging in to their bank accounts, only to be presented with another customer’s bank account details. Chase has acknowledged the incident, saying it was caused by an internal “glitch” Wednesday evening that did not involve any kind of hack...
Chase ‘Glitch’ Exposed Customer Accounts
Multiple Chase.com customers have reported logging in to their bank accounts, only to be presented with another customer’s bank account details. Chase has acknowledged the incident, saying it was caused by an internal “glitch” Wednesday evening that did not involve any kind of hack...
GoDaddy revenue tops estimates as customer base expands
(Reuters) - GoDaddy Inc’s quarterly revenue topped Wall Street estimates on Thursday, as the web-hosting company earned more from each user and expanded customer base with its acquisition of Host Europe Group. Shares of GoDaddy, which also forecast current-quarter revenue above estimates, rose...
HP Inc results beat estimates, raises 2018 profit forecast
HP Inc (HPQ.N) reported first-quarter revenue and profit on Thursday above Wall Street estimates as it sold more personal computers and printers, helping the company raise its full-year profit forecast. Shares of the company, which houses the hardware business of former Hewlett-Packard Co, rose 5.3 ...
GoDaddy beats revenue estimates, shares rise
(Reuters) - GoDaddy Inc reported better-than-expected revenue on Thursday, as the web-hosting company earned more from each user and expanded its customer base with its acquisition of Host Europe Group. GoDaddy’s shares rose 3.7 percent to $57.50 in extended trading. The company’s averag...
HP Inc quarterly results beat estimates on higher PC sales
HP Inc (HPQ.N), which houses the hardware business of former Hewlett-Packard Co, reported a better-than-expected revenue and profit in the first quarter as the company sold more personal computers and printers. Shares of the company rose 8 percent to $23.11 after the bell on Thursday. HP Inc’s...
States refile lawsuits to block repeal of U.S. net neutrality
WASHINGTON (Reuters) - A coalition of 22 state attorneys general and the District of Columbia on Thursday refiled legal challenges intended to block the Trump administration’s repeal of landmark rules designed to ensure a free and open internet from taking effect. The Federal Communications Co...
Intel did not tell U.S. cyber officials about chip flaws until made public
(Reuters) - Intel Corp did not inform U.S. cyber security officials of the so-called Meltdown and Spectre chip security flaws until they leaked to the public, six months after Alphabet Inc notified the chipmaker of the problems, according to letters sent by tech companies to lawmakers on Thursday. C...
Palantir ordered to open books to investor seeking U.S. fraud probe
WILMINGTON, Del. (Reuters) - Data analytics and security company Palantir Technologies Inc must open its books to early investor Marc Abramowitz, who wants to investigate possible fraud and mismanagement at one of the most highly valued private U.S. companies, a judge ruled on Thursday. Abramowitz s...
Groups refile lawsuits to block net neutrality reversal
WASHINGTON (Reuters) - Web browser developer Mozilla Corp and video-sharing website Vimeo Inc (IAC.O) said on Thursday they had refiled legal challenges intended to block the Trump administration’s repeal of landmark net neutrality rules from taking effect. A coalition of more than 20 state at...
Stymied by regulators, Airbnb looks to luxury vacations, hotels for growth
SAN FRANCISCO (Reuters) - Airbnb is rolling out new services aimed at attracting travelers looking for luxury accommodations and traditional hotels, the latest move to contend with sputtering growth in its original home-renting business. The company on Thursday will unveil a new product that bundles...
Wait, I know you: home security startup taps face-recognition tech
(Reuters) - A team of engineers that worked on self-driving cars and helped invent Google Street View wants to help people guard their homes against intruders using the same style of facial recognition that unlocks smart phones. Lighthouse AI, their startup, on Thursday released a home security came...
Snap CEO Spiegel receives $638 million in compensation for IPO year
(Reuters) - Snap Inc Chief Executive Officer Evan Spiegel received $637.8 million as total compensation during 2017, the year the company went public, according to a security filing on Thursday. The figure is based on stock-based awards worth $636.6 million and salary and other compensation worth ab...
Irish taxman sees disputed Apple bill remaining around $16 billion
DUBLIN (Reuters) - Ireland expects the final disputed tax bill that the European Commission ordered it to collect from Apple (AAPL.O) to be “in the ballpark” of the 13 billion euros ($16 billion) estimated, the head of the country’s tax collectors said on Thursday. “It’...
Mexico's Televisa to partner with Amazon on content for video
MEXICO CITY (Reuters) - Mexican broadcaster Televisa announced on Thursday it would partner with Amazon to distribute original content on the e-commerce giant’s video streaming platform. The Spanish-language content provider announced the launch of Televisa Alternative Originals (TAO), a divis...
European regulator proposes hack protection, geo-awareness for drones
FRANKFURT (Reuters) - Europe’s aviation safety authority has proposed anti-hacking measures and geo-awareness technology for small drones to avoid collisions with aircraft or people, taking an important step toward Europe-wide regulation. The reworked proposal published by the European Aviatio...
Olympics: Holograms may help more fans catch the action at Tokyo Games
TOKYO (Reuters) - Japanese telecommunications company NTT is hoping to bring an added dimension to the 2020 Tokyo Olympics by projecting live sporting events with its 3D hologram technology. NTT has been working on a new system it calls “Kirari! For Arena”, which, unlike its current tech...
Investors take flight after Angry Birds maker warns on profit
HELSINKI (Reuters) - Angry Birds game maker Rovio Entertainment warned on profits on Thursday, wiping more than 40 percent off the Finnish company’s shares and leaving investors nursing big losses following a flotation last September. Rovio blamed increased marketing costs and other investment...
Israeli chipmaker TowerJazz profit up, first quarter guidance misses forecast
TEL AVIV (Reuters) - Israeli chip maker TowerJazz reported higher-than-expected fourth quarter net profit on Thursday but its guidance for revenues in the first quarter was lower than forecasts, sending its shares down. TowerJazz, which specializes in analogue chips used in cars, medical sensors and...
Moneysupermarket.com slumps after strategy shift stalls growth
LONDON (Reuters) - Price comparison website Moneysupermarket.com said its earnings would not grow this year as it tries to reinvent itself to focus on more personalization, mobile and new products like mortgages, sending its shares down 25 percent. The British group, which offers deals on products l...
Uber will aggressively invest in Southeast Asia, won't let SoftBank rule it: CEO
NEW DELHI (Reuters) - Uber Technologies Inc’s [UBER.UL] chief executive pledged to continue investing aggressively in Southeast Asia even though the U.S. ride hailing firm expects to lose money in the fast growing market due to costly battles with rivals such as Grab. SoftBank’s 15 perce...
Uber will aggressively invest in SE Asia, preserve strategy post SoftBank deal
NEW DELHI (Reuters) - Uber Technologies Inc’s chief executive pledged to continue investing aggressively in Southeast Asia even though the U.S. ride hailing firm expects to lose money in the fast growing market due to costly battles with rivals such as Grab. SoftBank’s 15 percent stake p...





