Amazon insists federal rules apply to U.S. deliveries by drone

By David Morgan WASHINGTON (Reuters) – Amazon.com, seeking to bolster its efforts to deliver products via drone, said on Tuesday that states and local communities should not be allowed to regulate unmanned aerial systems (UAS) authorized by federal aviation regulators. “Uniform federal rules must apply,” Paul Misener, the e-commerce retailer's vice president for global public policy, said in written testimony released by a U.S. House of Representatives oversight committee ahead of a Wednesday hearing

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Alibaba’s Ma says Kering lawsuit ‘regrettable’

By Christine Kim SEOUL (Reuters) – The founder of Alibaba Group Holdings Ltd on Tuesday called “regrettable” a lawsuit by a group of luxury goods firms owned by Kering SA accusing the Chinese e-commerce giant of being a conduit for counterfeiters. Executive Chairman Jack Ma was speaking after Gucci, Yves Saint Laurent and other brands owned by Kering sued Alibaba in the United States on Friday, accusing it of knowingly making it possible for counterfeiters to sell their products throughout the world. Ma also said Alibaba was interested in investing in U.S

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Alibaba has a new CEO, but it’s still Jack’s house

By John Ruwitch SHANGHAI (Reuters) – When Alibaba Group Holding Ltd's eccentric founder Jack Ma stepped down as CEO two years ago, he declared “the Internet belongs to young people,” and promised that most of the company's leaders born in the 1960s would soon retreat from management. On Thursday, that transition at the e-commerce behemoth appeared complete as Ma trumpeted the appointment of a fresh chief executive, Daniel Zhang, born in 1972, as part of a broader reshuffle.

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