EU, U.S. clinch data-sharing deal for security, terrorism cases: document

By Julia Fioretti BRUSSELS (Reuters) – The European Union and the United States have clinched a deal protecting personal data shared for law enforcement purposes such as terrorism investigations, according to a document seen by Reuters. The two sides have been negotiating for four years over the so-called “umbrella agreement” that would protect personal data exchanged between police and judicial authorities in the course of investigations, as well as between companies and law enforcement authorities.

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Founder of British online retailer ASOS steps down as CEO

By James Davey LONDON (Reuters) – Nick Robertson, the founder of British online fashion retailer ASOS, has stepped down as chief executive after 15 years in which he transformed the internet start-up into a retail powerhouse with millions of fans around the world. ASOS, popular with Internet savvy twentysomethings and high-profile supporters such as British singer Rita Ora and U.S.

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Online advertising shines in sputtering Thai economy

By Khettiya Jittapong BANGKOK, (Reuters) – Unfazed by Thailand’s faltering economy, businesses are penciling in bigger budgets for digital advertising as they target Thai consumers via smartphone apps, social networking forums and video-sharing websites. Digital advertising spending this year is forecast to jump by two-thirds to a record 9.9 billion baht ($277.47 million) in Southeast Asia’s second-largest economy, according to the Digital Advertising Association (Thailand) (DAAT)

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Virginia TV journalists killed by suspect with ‘powder keg’ of anger

By Gary Robertson MONETA, Va. (Reuters) – Two television journalists were shot to death during a live broadcast in Virginia on Wednesday, slain by a former employee of the TV station and who called himself a “powder keg” of anger over what he saw as racial discrimination at work and elsewhere in the United States

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Tinder says founder Sean Rad returning as CEO

(Reuters) – Online dating application Tinder said on Wednesday night that it had re-appointed the app’s founder, Sean Rad, as its chief executive. Rad returns after being replaced in March by former eBay Inc executive Chris Payne CEO. “We mutually determined that this wasn’t going to be optimal and thought that a quick transition served everybody best,” the company statement quoted Payne as saying.

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PayPal to buy digital money transfer provider Xoom

By Mari Saito SAN FRANCISCO (Reuters) – PayPal Inc said it would buy digital money transfer provider Xoom Corp for $890 million as it muscles into a growing international remittance market and expand in countries like Mexico, India and China ahead of a spinoff from eBay Inc . The offer price of $25 per share in cash represents a premium of about 21 percent to Xoom's Wednesday closing price of $20.70. Xoom shares surged on the announcement and were trading around the offer price in extended trading

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California cancer patient with amnesia faces identity crisis

By Marty Graham SAN DIEGO (Reuters) – A woman with amnesia who has been undergoing cancer treatments since she was found semiconscious in Southern California has turned to social media and law enforcement as she struggles to rekindle memory of her own identity and any family she may have. “The amnesia I have is called retro amnesia, and doctors have said they have seen this before with the kind of antibodies from the volleyball-sized tumor that was on my ovary,” she wrote on her Facebook page.    “I have been getting chemotherapy treatments, and have lost all of my hair ..

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U.S. presidential hopeful’s ‘done with Indian-American’ remark prompts Twitter storm

Louisiana Governor and U.S. presidential candidate Bobby Jindal caused a Twitter storm of jokes and insults in India on Thursday after he said he dislikes being called an Indian-American. Republican Jindal is the first person of Indian origin to join the U.S

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