British spies carry out mass interception of emails, but only read a few: report

By Michael Holden LONDON (Reuters) – British spies carry out mass interception of the public's emails and access large databases with individuals' personal details, but their actions are not indiscriminate or unlawful, a powerful committee of lawmakers said on Thursday. Britain's security agencies have been accused of unfettered snooping on electronic communications since disclosures by U.S. National Security Agency contractor Edward Snowden indicated spies had been hoovering up emails, text messages and internet communications

Read more

Snapdeal drums up custom in Slumdog’s Dharavi

By Nivedita Bhattacharjee MUMBAI (Reuters) – For viewers of Oscar-winning film “Slumdog Millionaire”, Mumbai's vast Dharavi slum is a byword for poverty, but to online retailer Snapdeal.com it is a battleground for new customers and, it hopes, a source of better margins. The three are already fighting over India's 300 million-strong urban middle class, who have come to expect price wars and great deals on everything from mattresses to motors, but as competition intensifies, Snapdeal has begun chasing a different demographic. It tied up with remittance provider FINO PayTech in November to set up online shopping services in semi-urban, rural and low-income residential areas across India.

Read more

German retailer REWE steels for Amazon move into food

By Matthias Inverardi and Nikola Rotscheroth COLOGNE, Germany (Reuters) – Germany’s second-biggest supermarket group REWE is investing heavily in grocery ecommerce even though it does not expect to turn a profit soon, as it braces for Amazon to expand its food delivery service. “We know that we will still not work profitably for several years, but it is not blowing money,” REWE Chief Executive Alain Caparros told Reuters in an interview.

Read more

Liberty Global’s Unitymedia eyes expansion in B2B, mobile

By Julia Fioretti BRUSSELS (Reuters) – Liberty Global’s German unit has set its sights on business-to-business (B2B) broadband and mobile as part of its strategy to keep expanding in Europe’s biggest cable market, ramping up the pressure on established telecom players.

Read more

Rifts within India’s movie censor panel spill into the open

By Shilpa Jamkhandikar MUMBAI (Reuters) – A prominent member of India's government censors took to social media on Thursday to rail against its chairman, exposing rifts within a censorship panel that has thwarted the theatrical release of films such as Hollywood hit “Fifty Shades of Grey”. Ashoke Pandit, a Bollywood film-maker, accused censor chief Pahlaj Nihalani of treating India's Central Board of Film Certification (CBFC) like his personal fiefdom.

Read more

More data from South Korea nuclear power operator leaked

A hacker believed to be behind cyber attacks on South Korea’s sole nuclear power plant operator released more files on Thursday, but a company official said the data was not believed to have been newly stolen but from previous hacking. Korea Hydro & Nuclear Power, part of state-run utility Korea Electric Power Corp, said in December its computer systems had been hacked but only non-critical data had been stolen and operations were not at risk

Read more

Indian firms could get boost from Google, Alibaba

Two Indian firms could get a boost from tech majors in what might turn out to be the first direct investment in the country by Google Inc and Alibaba. Chinese e-commerce giant Alibaba is in talks with Indian online marketplace Snapdeal over a potential cash investment, a person familiar with the negotiations said

Read more

Canadian PM’s comments on Muslim veil set off Twitter flurry

By Julie Gordon VANCOUVER (Reuters) – Twitter users turned to Canadian Prime Minister Stephen Harper for tongue-in-cheek fashion advice on Wednesday, the day after he said the niqab, a face covering veil worn by some Muslims, was rooted in an “anti-women” culture. Using the hashtag #dresscodePM, users of the social media service criticized Harper, who made the comment as part of an ongoing push by the ruling Conservatives to ban face coverings in Canadian citizenship ceremonies

Read more

Rocket Internet-backed Helpling expands in Asia, Mideast

By Eric Auchard FRANKFURT (Reuters) – Helpling, an online marketplace for hiring home cleaners backed by Germany's Rocket Internet, is expanding beyond its base in Europe to set up new operations in the Middle East and Asia, aided by the acquisition of a rival Singapore start-up. Berlin-based Helpling said it was acquiring Singapore-based Spickify for an undisclosed sum. Hoe Yeen Teck, Spickify's co-founder and chief executive, will be Singapore country manager of the company, which will operate under the Helpling brand

Read more

Alibaba ploughs $200 million into Snapchat in latest startup deal: source

Alibaba Group Holding Ltd is investing $200 million in photo-messaging app Snapchat, a source familiar with the deal said, striking its latest Silicon Valley deal as the Chinese ecommerce company builds up mobile services. The investment values the company at around $15 billion, according to Bloomberg, citing people familiar with the situation as saying.

Read more