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Alibaba to invest $320 million in Thailand, as rivals boost presence

BANGKOK (Reuters) – Alibaba is investing $320 million in Thailand as the e-commerce giant aims to tap Chinese consumers’ appetite …read more Source: Reuters Tech News

Vivendi’s chairman brushes off criticism over investment in Telecom Italia

PARIS (Reuters) – Vivendi’s chairman and top investor Vincent Bollore brushed off criticism over the media group’s investments in Telecom …read more Source: Reuters Tech News

Hedge fund Elliott steps up pressure on Vivendi over Telecom Italia

PARIS, LONDON (Reuters) – Activist investor Elliott Advisors lambasted Vivendi on Thursday after the French media group defended its strategy …read more Source: Reuters Tech News

China’s ZTE removed chief compliance officer before U.S. sanction: source

HONG KONG (Reuters) – ZTE Corp’s chief compliance and chief legal officer was removed from his posts more than …read more Source: Reuters Tech News

Hedge fund Elliott issues new attack on Vivendi over Telecom Italia

PARIS (Reuters) – Activist Elliott Advisors issued on Thursday a fresh attack on French media group Vivendi as the hedge …read more Source: Reuters Tech News

Uber picks VMware’s Zane Rowe as CFO: Bloomberg

(Reuters) – Uber Technologies Inc has picked VMware Inc’s Zane Rowe as the top candidate for chief financial officer …read more Source: Reuters Tech News

Mexico’s top court sides with America Movil, says Telmex can charge rivals

MEXICO CITY (Reuters) – America Movil’s fixed-line unit Telmex said on Wednesday that the nation’s supreme court has sided with …read more Source: Reuters Tech News

Exclusive: Facebook to put 1.5 billion users out of reach of new EU privacy law

SAN FRANCISCO (Reuters) – If a new European law restricting what companies can do with people’s online data went into …read more Source: Reuters Tech News

Flatpack fear no more? Robot assembles IKEA chair frame

SINGAPORE (Reuters) – Robots in Singapore have completed a task many humans dread – assembling flat-packed IKEA furniture. …read more Source: Reuters Tech News

Mexico regulator fines America Movil $5.4 million in antitrust case

MEXICO CITY (Reuters) – Mexico’s telecom regulator IFT said on Wednesday that it has fined billionaire Carlos Slim’s flagship company …read more Source: Reuters Tech News