U.S. third bitcoin auction spurs more demand with 34 bids
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S.
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Chinese rivals snap at Alibaba’s heels in cross-border e-commerce race
By Brenda Goh SHANGHAI (Reuters) – A Chinese government push to promote e-commerce has created a host of online retail rivals for Alibaba Group Holding Ltd and Amazon.com Inc catering to shoppers' fears about the quality and safety of local everyday goods.
Read moreHackers controlling millions of PCs disrupted in Europol sweep
By Anthony Deutsch and Jim Finkle AMSTERDAM/BOSTON (Reuters) – A cybercrime operation that stole banking information by hacking more than 3 million computers in Indonesia, India and other countries has been disrupted by European police with assistance from three technology companies, officials said on Wednesday. Europol’s European Cybercrime Centre coordinated the operation out of its headquarters in The Hague, targeting the so-called Ramnit botnet, a network of computers infected with malware
Read moreBlackBerry working with Google to secure Android devices
BlackBerry Ltd said on Wednesday that it is working with Google Inc to enable its software to manage and secure some of Google's Android devices, a move that builds on BlackBerry's recent partnership with Samsung Electronics Co. In November, BlackBerry announced partnerships with Samsung and other high-profile technology industry players, broadening the reach of its revamped mobile-device management and security platform. BlackBerry said it is offering a “highly secure mobility solution” for Samsung's Android devices
Read moreBlackBerry working with Google to secure Android devices
BlackBerry Ltd said on Wednesday that it is working with Google Inc to enable its software to manage and secure some of Google's Android devices, a move that builds on BlackBerry's recent partnership with Samsung Electronics Co.
Read moreChina’s Alibaba attracts attention from U.S. regulator
By 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 moreLatvian man pleads not guilty over Gozi computer virus scheme
Deniss 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 moreBMW-backed car parking app raises half crowdfunding target on debut
By Andrew Winterbottom LONDON (Reuters) – JustPark, a London-based start-up that launched the world's first in-car parking app, is nearly half way to achieving a 1 million pound ($1.5 million) equity fundraising target just 12 hours after its debut on crowdfunding platform Crowdcube. JustPark's app connects car-park owners, often individuals with a private parking space at their home, to drivers looking for a place to park
Read moreAlibaba’s Jack Ma seeks to reassure employees over U.S. lawsuits
Alibaba Group Holding Ltd Executive Chairman Jack Ma urged employees to relax about U.S. lawsuits against the firm over possible failure to disclose information to investors, in a letter to staff posted on his official microblog on Friday. A series of lawsuits have been filed in the United States after an unusually public fracas with a Chinese regulator last month over the issue of fakes being sold on Alibaba's websites.
Read moreChinese regulator says to target e-commerce pricing behavior
A 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”
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