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German retailer REWE steels for Amazon move into food

March 12, 2015 publisher british, downing, food-delivery, opportunity, our-opportunity, schwarz, schwarz-group, several-years, text-messages

By Matthias Inverardi and Nikola Rotscheroth COLOGNE, Germany (Reuters) – Germany’s second-biggest supermarket group REWE is investing heavily in grocery ecommerce even though it does not expect to turn a profit soon, as it braces for Amazon to expand its food delivery service. “We know that we will still not work profitably for several years, but it is not blowing money,” REWE Chief Executive Alain Caparros told Reuters in an interview.

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Rifts within India’s movie censor panel spill into the open

March 12, 2015 publisher agency, angeles, ashoke-pandit, central-board, certification, congress, diffuse-threats, pauses-while, regal, sign-outside, social-media

By Shilpa Jamkhandikar MUMBAI (Reuters) – A prominent member of India's government censors took to social media on Thursday to rail against its chairman, exposing rifts within a censorship panel that has thwarted the theatrical release of films such as Hollywood hit “Fifty Shades of Grey”. Ashoke Pandit, a Bollywood film-maker, accused censor chief Pahlaj Nihalani of treating India's Central Board of Film Certification (CBFC) like his personal fiefdom.

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Fidelity tech fund trounces all rivals without holding Apple

March 10, 2015 publisher apple, are-familiar, best-performing, fidelity-select, headquarters, most-investors, mutual-fund, nasdaq, record-high, since-the-peak, stock-price, technology-fund

The best performing technology fund since the peak of the dot com boom did it all without owning Apple Inc , whose soaring stock price has pushed the Nasdaq near a new record high.

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Blocked online, Islamic State supporters launch CaliphateBook

March 10, 2015 publisher apple, commonly-used, islamic-state, most-investors, near-the-town, since-the-peak, social, social-networks, spread-messages, stock-price, technology-fund, town

Islamic State supporters, facing regular bans and blockages on Facebook and other social networks, have launched their own CaliphateBook to spread their militant message over the Internet. The site 5elafabook.com, which resembled Facebook but appeared unfinished, went live on Sunday then went offline again a day later and its linked Twitter account was shut down.

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Amazon opens store on Alibaba’s online marketplace Tmall

March 6, 2015 publisher boost-their, burberry, business, chief-strategy, china, door, kingdom, prince-alwaleed, snapchat, the-porch, tmall-com, venice, year

(Reuters) – Amazon.com Inc has opened an online store on Alibaba Group Holding Ltd's fast-growing online marketplace, Tmall.com as it seeks to expand in China, an Alibaba spokesman said. Alibaba's Tmall offers virtual storefronts and payment portals to merchants

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U.S. says inaction on online piracy risks public safety

March 5, 2015 publisher against-sellers, alibaba, alibaba-group, chairman, china, internet-names, national, national-taiwan, representative, selling-illegal

By Krista Hughes WASHINGTON (Reuters) – The U.S. trade office on Thursday urged a crackdown on website name registrars who fail to take action against sellers of illegal goods such as counterfeit medicines and warned that turning a blind eye puts public safety at risk. The U.S

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Ride-sharing firm Uber pulling out of San Antonio over regulations

March 5, 2015 publisher against-sellers, antonio, approved-rules, bitcoins-seized, government-had, later-rolled, revise-some, san

By Jim Forsyth SAN ANTONIO (Reuters) – Ride-sharing firm Uber plans to pull its service in San Antonio as of April 1 after the city council there voted to revise some of the city’s transportation regulations, but not enough for Uber’s liking, the company said on Thursday. In December, after nearly a year of sometimes heated debate, San Antonio approved rules that would give smartphone-enabled ride services the right to compete with regular taxi drivers, but with regulations largely fashioned by the taxi industry

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Pentagon to focus more on hack-proofing weapons

March 5, 2015 publisher against-sellers, also-working, antonio, approved-rules, arms-buyer, better-buying, our-weapons, san, security, weapons

By Andrea Shalal WASHINGTON (Reuters) – Cyber attacks on U.S. weapons programs and manufacturers are a “pervasive” problem that requires greater attention, the top U.S.

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Mandarin Oriental says credit card systems compromised in cyberattack

March 5, 2015 publisher against-sellers, antonio, approved-rules, better-buying, card-companies, isolated-number, its-website, san, security, victim

Hotel operator Mandarin Oriental International Ltd said on Thursday that it was the victim of a cyberattack and that it found malicious software on credit card systems at “an isolated number” of hotels in the United States and Europe. The company said in a statement on its website that it was working with credit card companies, law enforcement and forensic experts as it investigates the matter.

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Britain should turn to middle-aged mums to be spies of the future: report

March 5, 2015 publisher burberry, business, committee, downing-street, intelligence, london, prince-alwaleed, search, security, snapchat, target-websites, threats-facing, westminster

Britain's security agencies should look to recruit more middle-aged women and mothers to be new spies and should target websites popular with parents to find them, an influential committee of lawmakers said on Thursday. The Intelligence and Security Committee, which oversees the work of Britain's three spy agencies, said it was crucial there was more diversity if the security services were to be able to address the threats facing the country.