Internet firms to be subject to new cybersecurity rules in EU

By Julia Fioretti BRUSSELS (Reuters) – Internet firms such as Cisco , Google and Amazon will be subject to a new EU cybersecurity law forcing them to adopt tough security measures and possibly report serious breaches to national authorities, according to a document seen by Reuters.

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Tencent first quarter revenue beats estimates as video, social ad sales drive gains

By Paul Carsten BEIJING (Reuters) – Tencent Holdings Ltd, China's biggest social network and online entertainment firm, posted higher-than-expected first quarter revenue as a drive to sell more advertising on its social networks and entertainment services began to pay off. Tencent's social networks are as ubiquitous in China as Facebook Inc is in many parts of the world, and the company has said it wants to emulate the success of its U.S

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Facebook to let nine news companies publish news to mobile feeds

(Reuters) – Facebook Inc tied up with nine news publishers to launch “Instant Articles” that will let them publish articles directly to the social network's mobile news feeds. Instant Articles will let stories load more than 10 times faster than standard mobile web articles and will include content from publishers such as the New York Times, BuzzFeed and National Geographic, Facebook said in a blog post on its website

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LVMH’s Sephora picks JD.com for China online store, says fakes a concern

Global beauty retailer Sephora, part of French luxury goods group LVMH Moet Hennessy Louis Vuitton SE, launched its first online store in China on shopping platform JD.com Inc, the latest global firm to tap into China’s booming e-commerce market. The cosmetics chain, which has 174 physical stores in mainland China, said on Wednesday it had chosen JD.com partly due to its focus on fighting counterfeit goods, an issue that has plagued China’s online retail market including sector leader Alibaba Group Holding Ltd

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WeChat is Tencent’s ace in China’s online entertainment race

By Paul Carsten and Lisa Richwine BEIJING/LOS ANGELES (Reuters) – In a multi-billion dollar dogfight with Alibaba Group Holding Ltd for leadership in China's online entertainment market, mobile messaging app WeChat is Tencent Holdings Ltd's trump card. The wildly popular app allows Tencent to channel 500 million monthly active users to its entertainment services, a huge consumer base for subscriptions or marketing – pay dirt for media and advertising partners.

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Blocked online, Islamic State supporters launch CaliphateBook

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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CIA sought to hack Apple iPhones from earliest days: The Intercept

By Eric Auchard FRANKFURT (Reuters) – CIA researchers have worked for nearly a decade to break the security protecting Apple phones and tablets, investigative news site The Intercept reported on Tuesday, citing documents obtained from NSA whistleblower Edward Snowden. The report cites top-secret U.S.

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Twitter opens Hong Kong office, gains China foothold

By Gerry Shih BEIJING (Reuters) – Twitter Inc has opened a Hong Kong office, its first in the Greater China region, the company whose microblogging services are blocked on the mainland said on Tuesday. The office, to be headed by Twitter executive Peter Greenberger, will allow the San Francisco-based company to tap China for advertising revenue, the company said, even if Internet users on the mainland cannot see those ads.

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