Alibaba co-founder Jack Ma to retire: New York Times
(Reuters) – Alibaba Group Holding Ltd’s (BABA.N) co-founder and executive chairman, Jack Ma, will retire from the e-commerce company on Monday, as the former English teacher seeks to focus on…
Apple to provide online tool for police to request data: letter
(Reuters) – Apple Inc (AAPL.O) plans to create an online tool for police to formally request data about its users and to assemble a team to train police about what…
In India, Google races to parry the rise of Facebook
SAN FRANCISCO/MUMBAI (Reuters) – Google retains only a slight lead over Facebook in the competition for digital ad dollars in the crucial India market, sources familiar with the figures say,…
Didi woman passenger killed amid China ride-hailing safety concerns
BEIJING (Reuters) – A ride-sharing passenger in the eastern Chinese city of Wenzhou was raped and killed by a driver for China’s largest ride-hailing firm, local police said on Saturday,…
Baidu ready to beat Google if U.S. firm returns to China: CEO
BEIJING (Reuters) – Baidu Inc (BIDU.O) is prepared to win against Alphabet Inc’s (GOOGL.O) Google in China, its chief executive officer said on social media, amid rumblings the U.S. search…
Huawei in British spotlight over use of U.S. firm’s software
LONDON/SAN FRANCISCO (Reuters) – Huawei Technologies is facing increased scrutiny in Britain because it is using an aging software component sold by a firm based in the United States, one…
Apple breaches $1 trillion stock market valuation
SAN FRANCISCO (Reuters) – Apple Inc (AAPL.O) on Thursday became the first $1 trillion publicly listed U.S. company, crowning a decade-long rise fueled by its ubiquitous iPhone that transformed it…
Apple’s pricey iPhone X, subscriptions deliver earnings beat
(Reuters) – Apple Inc sales led by the pricey iPhone X pushed quarterly results far beyond Wall Street targets on Tuesday, with subscriptions from App Store, Apple Music and iCloud…
Instagram not an instant fix for ailing Facebook
SAN FRANCISCO (Reuters) – Revenue forecasts from Facebook Inc that alarmed investors, fueling the worst day ever for its shares on Thursday, add to the pressure on its Instagram unit…
Amazon earnings skyrocket on cloud computing, advertising
(Reuters) – Amazon.com Inc (AMZN.O) posted a profit that was double Wall Street targets on Thursday and forecast a strong pre-holiday quarter thanks to the retailer’s newer high-earning businesses including…