Exclusive: Obama set to announce executive order on cybersecurity threat data

By Joseph Menn SAN FRANCISCO (Reuters) – President Barack Obama is expected to announce an executive order directing the government and companies to share more information about cybersecurity threats in response to attacks like that on Sony Entertainment. As in other policy areas where Obama has been unable to get legislation through the now Republican-controlled Congress, the White House is turning to more limited administrative actions to advance its agenda as much as it can. The announcement could be tonight or tomorrow, when the U.S.

Read more

Online travel agency Expedia to buy rival Orbitz for $1.38 billion

Expedia Inc said it would buy Orbitz Worldwide for about $1.38 billion in cash, its third acquisition in four months, to take on larger rival Priceline Group Inc in a burgeoning online travel industry. Orbitz's shares shot up 20 percent to $11.63 in morning trading, short of Expedia's offer of $12 per share. Expedia's shares rose nearly 13 percent to $88.50.

Read more

#WhereIsTheBomb warns Egyptians of violence-related traffic

By Shadi Bushra CAIRO (Reuters) – Egypt's long-suffering drivers, worn down by decades of jams and crashes, are turning to social media to stave off a new, even more pressing threat — the traffic chaos caused by roadside bombs. “We really wish we didn't need to incorporate such a feature,” the app's co-creator Gamal ElDin Sadek told Reuters. “Eventually we categorized it under one hashtag to be better organized in warning people.” Egypt has been battling an Islamist militant insurgency that has killed hundreds of police and soldiers since then army chief Abdel Fattah al-Sisi ousted president Mohamed Mursi of the Muslim Brotherhood in July 2013 after mass protests.

Read more

Zoopla takes hit as rival shakes up UK online home search market

By Paul Sandle LONDON (Reuters) – The owner of Britain’s Zoopla and Prime Location property websites said it had been deserted by thousands of estate agents since the launch of rival portal OnTheMarket, but insisted the new company would struggle to win over home buyers and sellers.

Read more

India’s Flipkart to double value of goods sold as demand surges

By Nivedita Bhattacharjee MUMBAI (Reuters) – Flipkart aims to double the total value of goods it sells to $8 billion this year, two people with knowledge of the plans said, as India’s largest online marketplace seeks to widen the gap with rivals including Amazon.com’s India unit. Online retailers often use GMV, or gross merchandise value based on monthly online sales, as a measure of performance, as they typically make revenues from the commissions they get from sellers. Flipkart’s current GMV is $4 billion, the sources said, declining to be named as they were not authorized to speak to the media

Read more

European business group slams China’s Internet controls

China's Internet curbs are isolating it from the world and having a “highly detrimental” impact on business, a European lobby said on Thursday, in an unusually strong statement by a foreign business chamber. With a population of 1.4 billion and 632 million people online, China offers a crucial market for multinational firms.

Read more

Jeb Bush talks immigration, education, releases emails as he eyes 2016 bid

By Bill Cotterell TALLAHASSEE, Fla. (Reuters) – In a visit to Florida's state capital on Tuesday, Republican Jeb Bush focused on the politically explosive topics of immigration and education reform, while emails were released from his time as governor there in an effort to burnish his credentials as he eyes a 2016 presidential bid

Read more

Hackers infect Forbes.com to spy on visitors: researchers

By Jim Finkle BOSTON (Reuters) – The Forbes.com financial news site was infected by Chinese hackers with spying software that targeted specific visitors, including those at U.S. financial services and defense firms, according to two cybersecurity firms. The hackers infected Forbes.com in November by inserting malware into a Forbes.com “Thought of the Day” widget that appears when any page on Forbes.com is accessed, cybersecurity firms iSight Partners Inc and Invincea Inc said on Tuesday

Read more

U.S. bill seeks more Wi-Fi airwaves alongside smart cars

(Reuters) – Two U.S. senators on Tuesday revived legislation that seeks to allocate more airwaves to public Wi-Fi by requiring regulators to quickly test how shared radio frequencies could coexist alongside those used for communications among smart cars. The bill by Senators Marco Rubio, a Florida Republican, and Cory Booker, a New Jersey Democrat, would direct the Federal Communications Commission to study how more spectrum can be freed up for public use without interfering with connected vehicles, which are incumbent users.

Read more