Foodpanda, an online takeaway delivery service backed by tech investor Rocket Internet, said on Friday it had received $100 million in a financing round led by a Goldman Sachs hedge fund. Goldman Sachs Investment Partners will take a seat on Foodpanda’s advisory board. Existing investors including Rocket also took part in the round
Read moreA hacking attack using malware from overseas servers was to blame for Internet problems in China earlier this week that prevented users accessing a number of popular foreign websites, an official state-run newspaper said on Friday. The English-language China Daily, citing the National Computer Network Emergency Response Technical Team Coordination Centre, an agency that monitors China's Internet safety, said the redirection happened because some servers in China were “contaminated” by malware from overseas servers.
Read moreExpedia Inc on Thursday reported first-quarter profit that exceeded analysts’ expectations as it earned more money from travel bookings in and outside the United States, despite foreign currencies falling relative to the U.S. dollar.
Read moreLinkedIn Corp slashed its full-year profit forecast, citing slower revenue growth at its hiring business and a delay in recognizing the contribution of lynda.com, the online education company it has agreed to buy.
Read moreBy Alex Dobuzinskis LOS ANGELES (Reuters) – A California civil liberties group launched a mobile application on Thursday that will let bystanders record cell phone videos of possible cases of police misconduct and then quickly save the footage to the organization’s computer servers.
Read more(Reuters) – Online travel services company Expedia Inc on Thursday affirmed earlier guidance for 2015 earnings but said it expects fierce competition for travel bookings in China to continue to produce quarterly losses for its subsidiary brand eLong Inc.
Read moreCybersecurity company FireEye Inc raised its full-year revenue forecast as governments and businesses increase spending to protect their networks from sophisticated cyber attacks. Shares of FireEye, which also reported better-than-expected quarterly revenue, rose 1.7 percent in extended trading on Thursday.
Read moreBy Alastair Macdonald BRUSSELS (Reuters) – U.S. companies, including tech rivals Microsoft and Google , were among leading spenders on corporate lobbying in Brussels last year, a Reuters review of new data showed (table below)
Read moreBritish pop singer Jessie J has upset her fans after she “unfollowed” hundreds of people on Twitter. At the start of the month, the “Price Tag” singer was following 885 people on the micro-blogging site, where pop stars often have huge followings.
Read moreChinese e-commerce giant Alibaba Group Holding Ltd is freezing hiring for the rest of the year because it has grown “too quickly”, Executive Chairman Jack Ma told staff.
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