By James Davey LONDON (Reuters) – Nick Robertson, the founder of British online fashion retailer ASOS, has stepped down as chief executive after 15 years in which he transformed the internet start-up into a retail powerhouse with millions of fans around the world. ASOS, popular with Internet savvy twentysomethings and high-profile supporters such as British singer Rita Ora and U.S.
Read moreSmartphones have overtaken laptops as the preferred way for Britons to go online, driven by increased take-up of the devices and a jump in superfast mobile broadband subscriptions, the British telecoms regulator said on Thursday. A third of people said they turned to a smartphone first to browse the Internet, access social media or shop online, while 30 percent opened up a laptop, Ofcom said.
Read moreBy Curtis Skinner SAN JOSE, Calif. (Reuters) – The lounge in downtown San Jose, California, looks like any sports pub. Fans crowd around the bar, perch over tables and stare at TV screens, rooting for favorite teams and cheering spectacular plays
Read moreDarktrace, a cyber-security firm backed by former Autonomy boss Mike Lynch, said it had raised $22.5 million from U.S.-based venture capital company Summit Partners in a funding round that valued the company at more than $100 million. The company was one of Lynch's first investments after he left Hewlett-Packard Co in 2012 in an acrimonious split over the $11 billion acquisition of Autonomy. HP is suing Lynch and a former colleague for more than $5 billion over their management of Autonomy
Read more(Reuters) – Amazon.com Inc launched its one-hour order delivery service, Prime Now, for some areas of London on Tuesday, about six months after introducing the service in the United States. Amazon Prime members can have orders worth 20 pounds ($31.43) or more delivered in one hour for a fee of 6.99 pounds, the company said on its UK website on Tuesday.
Read moreA man in the United Arab Emirates was sentenced to three years in jail on Monday for Twitter posts allegedly insulting the Gulf country’s Supreme Court, a local newspaper reported. Nasser al-Faresi, 27, allegedly called the proceedings of a 2012 sedition trial a “judicial farce” and insulted the UAE’s president and Abu Dhabi’s crown prince, according to The National.
Read moreBy Thomas Atkins and Andreas Kröner FRANKFURT (Reuters) – Deutsche Bank aims to launch three technology innovation labs in Berlin, London and Silicon Valley this year designed to accelerate development of so-called “fintech” companies which could aid the banking sector and its clients. Germany’s largest lender, grappling with an overhaul of its own technology infrastructure, aims to get the three operations up and running by the end of the year, a source with knowledge of the matter told Reuters.
Read moreOnline gambling company GVC Holdings Plc is in talks for potential acquisitions and “something like” rival Bwin.party would be of interest, Chief Executive Kenneth Alexander said. Consolidation activity in the gambling industry has gathered steam as an increase in taxes and regulations in some of the biggest markets hurts companies
Read moreBritain'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.
Read moreBy Jane Wardell SYDNEY (Reuters) – A year on from the disappearance of Malaysia Airlines Flight MH370, an extraordinary amount of key data remains unknown – fuelling conspiracy theories and heated online debate about one of aviation's biggest mysteries.
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