Alibaba to transform China’s ‘e-conomy’ with $500 billion marketplace
(Reuters) – Alibaba Group’s plans to revolutionize China’s retail industry, investing $16 billion in logistics and support by 2020, will open up China’s vast interior and bring...
Internet
Twitter pays engineer $10 million as Silicon Valley tussles for talent
(Reuters) – Among Twitter Inc’s highest-paid executives, Christopher Fry’s name stands out. The senior vice president of engineering raked in $10.3 million last year, just...
Facebook slammed for paying NO TAX in UK despite raking in £223million
The British arm of the social networking giant officially made a loss in Britain in 2012 Facebook was slammed today when it emerged it paid...
Moroccan teenagers arrested after posting kissing photo on Facebook
The boy and girl, aged 14 and 15, have been held for violating public decency Two Moroccan teenagers have been arrested after posting a photo...
Twitter reveals rip-roaring growth, big losses ahead of IPO
(Reuters) – Twitter Inc, racing toward the largest Silicon Valley IPO since Facebook Inc’s 2012 coming-out party, hopes to woo investors with rip-roaring revenue growth...
Iran restores blocks on Facebook, Twitter
TEHRAN, Iran (AP) — The joy of Iran’s Facebook and Twitter fans was short-lived as authorities on Tuesday restored blocks on social networks after filters...
U.S. tapped into networks of Google, Petrobras, others: report
(Reuters) – The U.S. government tapped into computer networks of companies including Google Inc. and Brazilian state-run oil firm Petroleo Brasileiro SA, according to leaked U.S. documents...
Apple faces e-book restrictions
A US judge has imposed restrictions on the agreements technology giant Apple can make with book publishers to prevent it fixing the price of e-books....
Outlook for PC shipments worsens: IDC
(Reuters) – The outlook for the struggling personal computer industry is worse than was previously believed, according to market research firm IDC, which on Thursday...