Internet firms to be subject to new cybersecurity rules in EU

By Julia Fioretti BRUSSELS (Reuters) – Internet firms such as Cisco , Google and Amazon will be subject to a new EU cybersecurity law forcing them to adopt tough security measures and possibly report serious breaches to national authorities, according to a document seen by Reuters.

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China developer launches Airbnb-like platform to tap unsold homes

By Clare Jim HONG KONG (Reuters) – Chinese developer Fantasia Holdings Group has launched a vacation rental business similar to Airbnb Inc and HomeAway Inc to utilise the scores of homes left unsold as a property boom faded. Fantasia’s Home ENE online platform, launched last month, will rival Tujia, the Chinese home rental firm that this week raised $300 million from investors including Singapore-based developer CapitaLand Ltd and Hong-Kong’s All-Stars Investment Ltd to expand at home and abroad. “There are more than 50 million vacant units in urban China, which have become a major source of properties for vacation use,” Fantasia chairman and CEO Pan Jun said in a statement on Wednesday.

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Britons prefer smartphones over laptops to go online – watchdog

Smartphones have overtaken laptops as the preferred way for Britons to go online, driven by increased take-up of the devices and a jump in superfast mobile broadband subscriptions, the British telecoms regulator said on Thursday. A third of people said they turned to a smartphone first to browse the Internet, access social media or shop online, while 30 percent opened up a laptop, Ofcom said.

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