Priceline revenue jumps 19 percent as hotel bookings rise
(Reuters) - Travel website operator Priceline Group Inc reported a 19 percent jump in quarterly revenue, driven by higher hotel bookings, sending its shares up 5.2 percent in extended trading.However,...
View ArticleSouth Korea's Park indicates willing to relinquish some power amid crisis
By Jack Kim and Ju-min ParkSEOUL (Reuters) - South Korean President Park Geun-hye said on Tuesday she will withdraw her nominee for prime minister if parliament recommends a candidate and is willing to...
View ArticleFacebook takes on LinkedIn with new job opening features
(Reuters) - Facebook Inc said on Monday, it was testing a feature that would let page administrators create job postings and receive applications from candidates, a move that could pressure LinkedIn...
View ArticleBangladesh central bank team in Manila to retrieve cyber heist funds
(Reuters) - A Bangladesh central bank team arrived in Manila on Monday to work on moving back part of the $81 million stolen from its account in the New York Federal Reserve in February and sent to the...
View ArticleChina regulator warns e-commerce firms on 'Singles Day' sales tactics
SHANGHAI (Reuters) - China's business regulator said it has warned leading online shopping companies, including Alibaba Group Holding and JD.com, against adopting dodgy sales tactics at the upcoming...
View ArticleAsia financial body says China cyber security law could make risk management...
By Michelle PriceHONG KONG (Reuters) - The chief of one of Asia's most prominent financial trade bodies on Tuesday said new cyber security rules in China could make it harder for foreign companies...
View ArticleFord to invest $195 million in new technology center in India
By Abhirup RoyMUMBAI (Reuters) - Ford Motor Co is investing 13 billion rupees ($195 million) over the next five years in a technology and business center in the Indian city of Chennai to develop new...
View ArticleToo early to say how thefts occurred at Tesco Bank: UK watchdog
LONDON (Reuters) - The theft of money from accounts at Tesco bank is unprecedented in Britain and how it happened is still unknown, Britain's financial watchdog said on Tuesday.Tesco Bank halted online...
View ArticleAfter cyber attacks, Internet of Things wrestles with making smart devices safer
By Jeremy Wagstaff and J.R. WuSINGAPORE/TAIPEI (Reuters) - Recent cyber attacks harnessing everyday devices such as cameras, video recorders, printers, routers and speakers are a wake-up call to the...
View ArticleAfter Uber case, UK union pushes for pay deal at Deliveroo
LONDON (Reuters) - A trade union is seeking recognition from British food delivery firm Deliveroo to allow it to negotiate a collective pay deal for its drivers, in the latest push for greater...
View ArticleTesla buys Germany's Grohmann Engineering to help ramp up electric car...
FRANKFURT (Reuters) - Electric carmaker Tesla Motors Inc has agreed to buy Germany's Grohmann Engineering GmbH, which develops automated manufacturing systems for batteries and fuel cells, as the...
View ArticleEU pledges 400 million euros to boost startups
LISBON (Reuters) - The European Union launched a venture capital fund of 400 million euros ($442 million) on Tuesday aimed at helping regional startups grow and address a capital shortage in Europe for...
View ArticleToshiba lifts annual profit forecast by 50 percent on strong memory chip demand
TOKYO (Reuters) - Japanese conglomerate Toshiba Corp raised its annual operating profit forecast by 50 percent on Tuesday, saying it expects demand for its NAND flash memory chips to remain strong for...
View ArticleTesco says $3 million stolen in cyber theft, resumes service
By Lawrence White and Tom BerginLONDON (Reuters) - Retailer Tesco Plc's banking arm said on Tuesday that 2.5 million pounds ($3 million) had been stolen from 9,000 customers over the weekend in what...
View ArticleUnited Internet sells web hosting stake; delays IPO
By Maria Sheahan and Georgina ProdhanFRANKFURT (Reuters) - Germany's United Internet has agreed to sell a stake in its web-hosting business to private equity firm Warburg Pincus, netting 450 million...
View ArticleExclusive: Broadcom lines up $6.5 billion bridge loan for Brocade buy
By Michelle SierraNEW YORK (Reuters LPC) - Six banks will be providing a US$6.5bn financing backing chipmaker Broadcom's acquisition of Brocade, a maker of networking switches, software and storage...
View ArticleForget glamor, model Lily Cole wants tech for good to encourage women, girls
By Belinda GoldsmithLISBON (Thomson Reuters Foundation) - As a British supermodel and actress, Lily Cole has lived a life of glamor, but it is her new role as a social entrepreneur using technology to...
View ArticleTripAdvisor revenue misses estimates as referral income falls
(Reuters) - TripAdvisor Inc reported lower-than-expected quarterly revenue as the travel review website operator earned less from referrals to third-party hotel websites.The company's shares were down...
View ArticleGoPro to recall about 2,500 Karma drones
(Reuters) - Wearable camera maker GoPro Inc said on Tuesday it would recall about 2,500 of its recently introduced Karma drones because they lost power during use.GoPro's shares were down 4.7 percent...
View ArticleTelefonica Deutschland CEO calls for debate on data privacy in Germany
BERLIN (Reuters) - Telefonica Deutschland's O2Dn.DE chief executive called for a debate about data privacy in Germany and said he was looking into ways to monetise customer data."We need to have a wide...
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