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 moreBy 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 moreBy 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 moreAlibaba 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 moreBy Joseph Menn and Edwin Chan SAN FRANCISCO (Reuters) – Apple Inc's iTunes and App Store came back online on Wednesday afternoon after an unusually long service disruption that the company blamed on an internal technical error. Apple updated its status page at 5:04 pm ET to show that the disrupted services, including the Mac App Store and iBooks, were now functioning normally. The App Store and iTunes are a source of pride for the world's largest tech company and form the centerpiece of its mobile user experience.
Read moreThe best performing technology fund since the peak of the dot com boom did it all without owning Apple Inc , whose soaring stock price has pushed the Nasdaq near a new record high.
Read moreIslamic State supporters, facing regular bans and blockages on Facebook and other social networks, have launched their own CaliphateBook to spread their militant message over the Internet. The site 5elafabook.com, which resembled Facebook but appeared unfinished, went live on Sunday then went offline again a day later and its linked Twitter account was shut down.
Read moreBy Eric Auchard FRANKFURT (Reuters) – CIA researchers have worked for nearly a decade to break the security protecting Apple phones and tablets, investigative news site The Intercept reported on Tuesday, citing documents obtained from NSA whistleblower Edward Snowden. The report cites top-secret U.S.
Read moreBy Gerry Shih BEIJING (Reuters) – Twitter Inc has opened a Hong Kong office, its first in the Greater China region, the company whose microblogging services are blocked on the mainland said on Tuesday. The office, to be headed by Twitter executive Peter Greenberger, will allow the San Francisco-based company to tap China for advertising revenue, the company said, even if Internet users on the mainland cannot see those ads.
Read moreBy Nate Raymond NEW YORK (Reuters) – An upstate New York man, who was set to face trial in May for attempting to defraud Facebook Inc and founder Mark Zuckerberg, is missing, his lawyer said on Monday. Paul Ceglia, 41, had been required to wear an electronic bracelet before his trial. Representatives for Bharara's office and the Marshals Service did not respond to requests for comment.
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