Some of China's largest Internet companies deleted more than 60,000 online accounts because their names did not conform to regulations due to take effect on Sunday, the top Internet regulator said.
Read moreBy Edwin Chan and Noel Randewich SAN FRANCISCO (Reuters) – Alibaba Group Holding Ltd said on Friday it was asked by the U.S. Securities and Exchange Commission for information about its dealings with a Chinese regulator, coming just five months after the company's stock market debut
Read moreDeniss Calovskis, 29, entered the plea in federal court in Manhattan a day after being extradited from Latvia to face charges that he wrote some of the computer code that made the so-called Gozi virus so effective. An indictment against Calovskis was unsealed in January 2013 when prosecutors announced separate charges against Nikita Kuzmin, a Russian whom they say created the virus, and Mihai Ionut Paunescu, a Romanian who allegedly ran a service that enabled its distribution. Prosecutors say Calovskis, who resided in Riga, Latvia, was hired to develop a computer code that altered how banks’ websites appeared in order to trick victims into divulging personal information.
Read moreA Chinese antitrust regulator said on Friday pricing tactics in the nation's e-commerce sector will be probed to ensure a “fair” market, likely putting new scrutiny on companies such as Alibaba Group Holding Ltd and JD.com Inc. The comments come just two weeks after another government regulator, the State Administration for Industry and Commerce (SAIC), accused Alibaba of failing to clean up what it called illegal business deals on the e-commerce titan's platforms. The National Development and Reform Commission (NDRC) said in a statement on its website that it would “organize and develop special inspections into the online retail sector's pricing behavior”
Read more(This story corrects paragraph 2 to make clear that the $500 million deal value includes an option to increase the stake next year) MUMBAI/SHANGHAI (Reuters) – Ant Financial Services Group, an affiliate of China’s Alibaba Group Holding Ltd, has agreed to buy 25 percent of Indian payment services provider One97 Communications, tapping into the country’s smartphone and online industry boom. Alibaba spokeswoman Teresa Li and One97 founder Vijay Shekhar Sharma declined to disclose the value
Read moreBy Adam Jourdan HANGZHOU China (Reuters) – E-commerce giant Alibaba Group Holding Ltd reported more than $9 billion in sales on China's Singles' Day on Tuesday, illustrating the buying power of the Chinese consumer and the importance of the event in the retail calendar.
Read moreBy Paul Sandle LONDON (Reuters) – SurveyMonkey, an internet company that enables people to poll friends, colleagues and customers, is bringing its professional polling service to Britain, marking its first foray for the product in Europe. Launched a couple of years ago in the United States, SurveyMonkey Audience has a 4.5 million strong panel ready to answer questions. It is used by companies to get feedback on new products or on ads
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