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EU digital chief to meet with Facebook CEO amid privacy scandal

BRUSSELS (Reuters) – The European Union’s digital chief will meet with Facebook CEO Mark Zuckerberg in San Francisco as the world’s largest social network faces increasing scrutiny over its use of personal data. Source
Posted On 16 Apr 2018

Exclusive: Google unveils vetting process for drug rehab ads

SAN FRANCISCO (Reuters) – Google told Reuters Monday it would resume accepting ads from U.S. addiction treatment centers in July, nearly a year after the Alphabet Inc unit suspended the lucrative category of advertisers for numerous deceptive and misleading ads. Source
Posted On 16 Apr 2018

Lebara hooks up with WorldRemit in money transfer pact

LONDON (Reuters) – WorldRemit will be the exclusive money transfer partner for international call provider Lebara under a deal announced on Tuesday by the London-based brands, which are popular among immigrants to Europe. Source
Posted On 10 Apr 2018

Uber launches new app for drivers

(Reuters) – Uber Technologies Inc [UBER.UL] on Tuesday unveiled a new app for its drivers that includes a real-time earnings tracker, the latest effort by the ride-hailing service to improve an often contentious relationship. Source
Posted On 10 Apr 2018

Uber loses EU court case in fight against French criminal charges

LUXEMBOURG (Reuters) – France is entitled to bring criminal proceedings against local managers of ride-hailing app Uber [UBER.UL] for running an illegal taxi service, the EU top court ruled on Tuesday, dealing the Silicon Valley start-up another legal setback. Source
Posted On 10 Apr 2018

Facebook’s Zuckerberg faces Senate hearing but little hope for action

WASHINGTON (Reuters) – Facebook Chief Executive Mark Zuckerberg’s No. 1 mission during his appearance before U.S. lawmakers on Tuesday and Wednesday will be to defend against calls to regulate internet-based companies. Source
Posted On 10 Apr 2018

Telefonica Brasil to expand ultra-fast broadband to 20 new cities

SAO PAULO (Reuters) – Telefonica Brasil SA will expand ultra-fast fiber-to-the-home (FTTH) broadband service to more than 20 new cities in 2018 as Brazil’s largest telecommunications firm eyes ambitious growth among wealthier clients, a top executive told Reuters. Source
Posted On 10 Apr 2018

Dubai’s Alibabacoin says Alibaba has no monopoly on ‘magic’ name

NEW YORK (Reuters) – The Dubai-based cryptocurrency firm Alibabacoin Foundation on Tuesday said Alibaba Group Holding Ltd cannot monopolize the “magical” Alibaba name, and asked a U.S. judge to dismiss the Chinese e-commerce retailer’s trademark lawsuit. Source
Posted On 10 Apr 2018

Google in talks to buy Nokia’s airplane broadband business: Bloomberg

(Reuters) – Alphabet Inc’s Google is in talks to buy Nokia Oyj’s airplane broadband business, Bloomberg reported on Tuesday, citing people familiar with the matter. Source
Posted On 10 Apr 2018

China’s Ant ups fundraising target, valuation could hit $150 billion: sources

(Reuters) – China’s Ant Financial Services Group is in talks with investors to raise at least $8 billion in its next planned round of funding, potentially valuing the company at about $150 billion ahead of an expected stock market floatation, people with knowledge of...
Posted On 10 Apr 2018