Obama says Sony ‘made a mistake’ in pulling ‘The Interview’
WASHINGTON (Reuters) – U.S.
Read morenorth
IBM says cloud business enjoying ‘breakthrough year’
By Eric Auchard LONDON (Reuters) – IBM aims to expand the number of data centers it offers clients around the world by 25 percent to meet fast-rising demand for internet-based services, after what a company executive said has been a “breakthrough year” in 2014 for its cloud computing business. IBM has quadrupled the number of cloud data facilities it offers around the world to 49 in the past 18 months, responding in part to laws requiring the local retention of data following revelations over U.S. government Web surveillance as well as increased corporate compliance rules
Read moreAll calm amid political storm at ‘Interview’ premiere
By Piya Sinha-Roy Los Angeles (Reuters) – All was calm on Thursday at the Los Angeles premiere of Sony Pictures' parody film “The Interview”, which had been in the spotlight for sparking tension with North Korea and potentially prompting a major cyber hack on the company. Stars Seth Rogen and James Franco posed on a small red carpet restricted to photographers as Sony reined in media access after the film made headlines following a devastating security breach that leaked films, data and emails. ..
Read moreMega retailers battle to survive as e-commerce booms in China
By Adam Jourdan SHANGHAI (Reuters) – It took China's biggest retail chain Suning all last year to generate sales of about $17 billion. Last month, e-commerce giant Alibaba saw sales worth more than half that amount pass through its Tmall website in just one day. Big retailers like Suning Commerce Group Co Ltd and foreign rivals Wal-Mart Stores Inc and Best Buy Co Inc are struggling to attract customers to their traditional stores in China, where online shopping is booming
Read more