Internet News
China's Tencent fourth-quarter profit jumps 47 percent on payment, cloud revenue surge3/22/2017 12:42:33 PMHONG KONG - Tencent Holdings Ltd, China's biggest social media and online entertainment company, posted a 47 percent rise in quarterly profit on Wednesday, helped by strong growth in new revenue streams such as payment and cloud services.Senate takes up broadband privacy repeal3/22/2017 9:53:57 PMWASHINGTON - The U.S. Senate on Wednesday took up a measure to repeal regulations adopted by the Obama administration requiring internet service providers to do more to protect customers' privacy than websites like Alphabet Inc's Google or Facebook Inc.Instagram says advertising base tops one million businesses3/22/2017 1:37:56 PMSAN FRANCISCO - Instagram is expected to announce on Wednesday that it has reached more than 1 million monthly active advertisers, as the Facebook Inc-owned photo-sharing app tries to become a center of online commerce.LinkedIn tries to hook more users with business news section3/22/2017 1:14:03 PMSAN FRANCISCO - LinkedIn on Wednesday plans to launch a section on its network dedicated to business news, seeking to draw users onto the service more frequently to read and talk about current events, company officials said.U.S. may accuse North Korea in Bangladesh cyber heist: WSJ3/22/2017 11:13:21 PMNEW YORK - U.S. prosecutors are building potential cases that would accuse North Korea of directing the theft of $81 million from Bangladesh Bank's account at the Federal Reserve Bank of New York last year, and that would charge alleged Chinese middlemen, the Wall Street Journal reported on Wednesday.Online advertisers sign up to better standards3/22/2017 5:04:32 AMBRUSSELS/FRANKFURT - A broad coalition of advertising trade groups, ad buyers and sellers from Western Europe and the United States have urged the industry to stop using annoying online marketing formats that have fuelled the rapid rise of ad-blockers.Alibaba to set up regional logistics hub in Malaysia3/22/2017 9:30:57 AMKUALA LUMPUR - Alibaba Group Holding Ltd said on Wednesday it would set up a logistics hub in Malaysia, the latest in a string of Chinese investments including in infrastructure and real estate projects, underscoring the close ties between the two countries.Struggling in China, Amway bets on technology for turnaround3/22/2017 9:38:17 AMBEIJING - Global direct-selling company Amway Inc is looking to rebuild its business in China with the help of improvements such as an online ordering platform for its agents and experience centers, as sales in the country have fallen over the past three years.Indian e-commerce firm Snapdeal says not in talks for sale3/22/2017 10:12:14 AMMUMBAI - Indian e-commerce marketplace Snapdeal on Wednesday denied it was in talks for a potential sale, after the Mint newspaper reported the company was in discussions with domestic rivals for a potential sale.Uber expands international headquarters in Amsterdam3/22/2017 9:23:52 AMAMSTERDAM - The U.S. ride-hailing firm Uber Technologies Inc [UBER.UL] said on Wednesday it will move its international headquarters in Amsterdam to a larger building ahead of plans to increase staff to 1,000 from 400.