By James Davey LONDON (Reuters) – Nick Robertson, the founder of British online fashion retailer ASOS, has stepped down as chief executive after 15 years in which he transformed the internet start-up into a retail powerhouse with millions of fans around the world. ASOS, popular with Internet savvy twentysomethings and high-profile supporters such as British singer Rita Ora and U.S.
Read moreBy Khettiya Jittapong BANGKOK, (Reuters) – Unfazed by Thailand’s faltering economy, businesses are penciling in bigger budgets for digital advertising as they target Thai consumers via smartphone apps, social networking forums and video-sharing websites. Digital advertising spending this year is forecast to jump by two-thirds to a record 9.9 billion baht ($277.47 million) in Southeast Asia’s second-largest economy, according to the Digital Advertising Association (Thailand) (DAAT)
Read moreBy Arshad Mohammed, Matt Spetalnick and Mark Hosenball WASHINGTON (Reuters) – The United States is considering sanctions against both Russian and Chinese individuals and companies for cyber attacks against U.S.
Read moreHundreds of thousands of people signed up for infidelity website Ashley Madison in the last week, parent company Avid Life Media said on Monday, even after hackers leaked data about millions of its clients. “Recent media reports predicting the imminent demise of Ashley Madison are greatly exaggerated,” the company said in a statement
Read moreImages of Kanye West's face on Mount Rushmore and a potential White House takeover by the Kardashian reality TV clan fired up social media on Monday, a day after the rapper virtually hijacked a rambunctious MTV Video Music Awards (VMA) show as he declared he planned to run for U.S. president in 2020. West, who is married to Kim Kardashian, sparked dozens of satirical memes on social media after his rambling, 13-minute speech on Sunday – when he admitted he had “rolled up a little something earlier in the night – while accepting the Video Vanguard award for lifetime achievement
Read moreAs a marriage counselor years ago, Neil Clark Warren saw first-hand how incompatibility led to unhappy matches. “(The career market) is such a big market that we do expect it to grow faster than our core product,” the octogenarian clinical psychologist and eHarmony CEO said in an interview. The market is dominated by Barry Diller’s IAC/InterActiveCorp, owner of Match.com as well as other sites for the lovelorn.
Read moreThe White House is considering applying sanctions against companies and individuals in China it believes have benefited from Chinese hacking of U.S. trade secrets, the Washington Post reported on Sunday. The newspaper, citing several unidentified Obama administration officials, said a final determination on whether to issue the sanctions was expected soon, possibly as early as the next two weeks.
Read moreBy Julia Fioretti , Brussels (Reuters) – – The European Commission will launch a study in September of the ride-hailing app Uber in an effort to settle legal disputes that have pitched the U.S.
Read moreBy Nate Raymond NEW YORK (Reuters) – A Florida man accused of running an unlicensed bitcoin exchange and who is among five defendants linked to last summer's massive data breach at JPMorgan Chase & Co is in talks to resolve his criminal case, according to court papers filed Friday. In a court filing in federal court in Manhattan, a prosecutor said Yuri Lebedev, one of two men charged with operating the bitcoin exchange service, was in discussions “regarding a possible disposition of this case.” The filing used language that is usually indicative of plea talks, though cases in some instances can be resolved with deferred prosecution agreements or with charges being dropped. Eun Young Choi, a prosecutor under Manhattan U.S
Read moreBy Alastair Sharp TORONTO (Reuters) – The chief executive of infidelity website Ashley Madison's parent company Avid Life Media has left, just over a week after hackers leaked data about millions of its clients in a massive cyber assault. Avid Life said on Friday the departure of Noel Biderman was by “mutual agreement” and its existing senior management team would take over until a new CEO is appointed. On Aug.
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