China’s JD.com says watchdog accepts request for probe into rival Alibaba’s practices

A Chinese regulator has formally accepted a request by JD.com, the country's second-biggest online retailer, to investigate its rival Alibaba Group Holding Ltd for possible unfair practices during promotions, JD.com's official microblog said on Thursday. Alibaba, China's biggest e-commerce firm, has previously denied accusations outlined in a JD.com letter to the State Administration for Industry and Commerce (SAIC) in the run-up to Nov. 11 'Singles' Day' promotions, the biggest online shopping day of the year in China

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Iranian military hackers focus on U.S. administration officials: WSJ

Iran's Revolutionary Guards stepped up hacking of email and social media accounts of Obama administration officials in recent weeks in cyber attacks believed linked to the arrest of an Iranian-American businessman in Tehran, the Wall Street Journal reported on Wednesday. The newspaper, citing unnamed U.S.

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Facebook revenue, profit beat forecasts; shares hit all-time high

By Yasmeen Abutaleb and Lehar Maan SAN FRANCISCO (Reuters) – Facebook Inc posted surprisingly strong profit and revenue growth as the world's largest social network grew even larger, with a spike in mobile users and advertising that lifted its stock to an all-time high. The company on Wednesday reported audience numbers that suggest it is poised to take on mainstream media as an advertising force, helping investors to overlook Facebook's huge spending on hiring and building data centers

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China consumers to spend more in November 11 ‘Singles Day’ shopping spree: Nielsen

Most online consumers in China will spend more during the Nov. 11 “Singles' Day” shopping promotion this year than they did last year, according to the results of a survey by consultancy Nielsen Holdings made available to Reuters on Wednesday. In a survey of more than 1,000 internet users in China this month, 56 percent said that they would spend more on Singles Day this year compared to 2014

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Messaging software firm Slack plans mass-media push to boost growth

By Eric Auchard DUBLIN (Reuters) – Slack, the group messaging platform valued at nearly $3 billion, plans to accelerate its growth by spending some of its $250 million cash pile on mass-market advertising, founder and CEO Stewart Butterfield said. “We are switching from trying to keep up with growth to trying to generate growth,” Butterfield said in an interview at Web Summit, Europe’s biggest conference for start-ups

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German newspaper sales stabilize as readers pay online

FRANKFURT/BERLIN (Reuters) – German newspaper revenues stabilized in 2014 after years of decline as publishers compensated for falling advertising sales by persuading more readers to pay for news online. Total revenues fell 0.6 percent to 7.76 billion euros ($8.57 billion) in Europe’s biggest newspaper market, the Federation of German Newspaper Publishers (BDZV) said, compared with a 4.4 percent decline in 2013.

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Deutsche Bank to launch three tech startup labs in 2015: source

By Thomas Atkins and Andreas Kröner FRANKFURT (Reuters) – Deutsche Bank aims to launch three technology innovation labs in Berlin, London and Silicon Valley this year designed to accelerate development of so-called “fintech” companies which could aid the banking sector and its clients. Germany’s largest lender, grappling with an overhaul of its own technology infrastructure, aims to get the three operations up and running by the end of the year, a source with knowledge of the matter told Reuters.

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Instagram takes steps to open platform to advertisers

Instagram said on Tuesday that it is taking steps to make its ads available to all types of businesses, not just hand-selected brands. Starting in June, Instagram this year is rolling out to advertisers the ability to more closely direct campaigns by zip code and other data sets like interests in the same ways that brands can target consumers on its parent company Facebook Inc. In addition it will let advertisers link to external websites or app stores with buttons such as “shop now,” “sign up,” “learn more,” and “install now.” Currently, it works closely with only a handful of brands like Levi's, Banana Republic and Ben & Jerry's.

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Irish broadcaster allowed to report speech accusing billionaire

By Padraic Halpin DUBLIN (Reuters) – Ireland's state broadcaster aired a lawmaker’s speech accusing a billionaire of obtaining sweetheart bank loans, after a court ruled on Tuesday that the right to report on parliament trumped a court order to muzzle potentially libelous allegations. Billionaire press baron Denis O'Brien says accusations of financial wrongdoing against him contain falsehoods. RTE appealed on Tuesday for the right to report Murphy's speech, and won the backing of Judge Donald Binchy

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