After record IPO, Alibaba eyes first bond sale

By Danielle Robinson NEW YORK (IFR) – Chinese e-commerce giant Alibaba will sound out investors next week in Asia, Europe and the US as it mulls its first bond ever, just two months after the company's record-breaking IPO. Alibaba, which this week logged US$9 billion of sales on a single day, will kick off a roadshow in Boston and Hong Kong on Monday for what will surely be one of the most sought-after bond offerings of the year.

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EU mulls conferring binding powers on body of data privacy regulators

By Julia Fioretti BRUSSELS (Reuters) – A new body of European data protection authorities could have the power to adopt legally binding decisions in cross-border disputes over a company’s misuse of personal data, according to a draft document seen by Reuters. Under a mechanism originally proposed in reforms of Europe’s data protection laws, businesses operating across the 28-nation European Union would have to deal only with the data protection authority in the country where they are headquartered – even if alleged mishandling of data affects citizens in another country.

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South African, Norwegian e-commerce rivals bury hatchet in Brazil battle

By David Dolan and Balazs Koranyi JOHANNESBURG/OSLO (Reuters) – Two of the fiercest rivals in online classifieds, South Africa’s Naspers and Norway’s Schibsted, said they would team up in some emerging markets, including fast-growing Brazil where they have battled each other for years.

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Russia’s Mail.ru buys maps service company to lure mobile users

MOSCOW (Reuters) – Russian email-to-online-gaming group Mail.ru said on Thursday it had acquired MAPS.ME, a maps and navigation service for mobile devices, to help expand its global audience. Mail.ru, majority-owned by Russia’s richest man Alisher Usmanov, had announced plans to expand in foreign markets in October 2012 and launched the my.com brand, which now offers an email service for mobile phones, as well as chat and games

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China’s Tencent, Warner Music partner for music streaming

BEIJING (Reuters) – Chinese fans of Linkin Park and Jason Mraz will be able to stream licensed music from Tencent Holding Ltd after the internet firm said on Thursday it had signed a distribution deal with Warner Music Group (WMG). In a statement, the two companies said the deal would help music companies and artists by giving consumers better access to licensed music. The terms of the deal were not disclosed

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Sony unveils web-based TV service PlayStation Vue

(Reuters) – Sony Network Entertainment International LLC, a unit of Sony Corp of America, unveiled a new cloud-based TV service, PlayStation Vue, expected to be commercially launched during the first quarter of 2015. The web-based television service allows users to access live TV and on-demand content without a cable or satellite service, the company said. The service offers catch-up and on-demand TV.

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WellPoint email glitch puts colonoscopy test in the subject line

By Caroline Humer and Christina Farr NEW YORK/SAN FRANCISCO (Reuters) – Some WellPoint Inc customers got a surprise in their inbox this week: emails meant to remind them to get a specific preventative screening such as a colonoscopy or mammogram mistakenly included personal and health information in the subject line. WellPoint declined to say how many customers received the emails or the cause of the technology issue.

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