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Salesforce expands footprint into China with Alibaba partnership

(Reuters) - Salesforce.com Inc (CRM.N) said on Wednesday it will partner with Chinese e-commerce company Alibaba Group Holdings Ltd (BABA.N), as the U.S. cloud-based service provider looks to make inroads into the Chinese software market with its products."Alibaba will become the exclusive provider of Salesforce to customers in mainland China,...
Japan Display to receive $100 million investment from Apple as part of bailout deal

TOKYO (Reuters) - Japan Display Inc (6740.T) said on Friday it would receive a $100 million investment from a customer, which a source said was Apple Inc (AAPL.O), as part of a bailout deal led by a Chinese investment firm for the smartphone screen maker.Japan Display is facing a funding...
Australia, Malaysia to meet over rare earths on June 20

MELBOURNE (Reuters) - Australian and Malaysian government officials are due to meet later this month, a state mining spokeswoman confirmed and the plan for Lynas Corp’s controversial rare earths waste storage in the country is likely to be at the top of the agenda.Bill Johnston, Western Australia’s minister for mines,...
Tesla needs more time to turn profit; founding engineer steps down

(Reuters) - Tesla Inc (TSLA.O) on Wednesday pushed back its profit timeline once again after missing financial targets in the second quarter, while announcing that the pioneer of the company’s electric batteries, J.B. Straubel, was stepping down from his role as chief technology officer.A quarterly loss was deeper than expected,...
Faces for cookware: data collection industry flourishes as China pursues AI ambitions

PINGDINGSHAN, China (Reuters) - In a village in central China’s Henan province, amid barking dogs and wandering chickens, villagers gather along a dirt road to trade images of their faces for kettles, pots and tea cups.At the front of the line, a woman stands in front of a camera zip-tied...
Nepal says bans WeChat Pay, Alipay

KATHMANDU (Reuters) - Nepal has banned popular Chinese digital payment apps WeChat Pay and AliPay saying payments from the unregistered systems were illegal and resulting in a loss of income to the Himalayan nation, a spokesman for the central bank said on Wednesday.Laxmi Prapanna Niroula, a spokesman for the Nepal...
Russian social network launches dating app to rival Tinder

MOSCOW (Reuters) - Russian social network Vkontakte, owned by internet group Mail.Ru, has launched a dating app to rival popular similar services such as Tinder, Vkontakte said on Thursday.It said the main feature of the service, called Lovina, would be video chats. It is available in Russia, Azerbaijan, Armenia, Belarus,...
Australia takes Sony to court for refusing refunds on faulty PlayStation games

SYDNEY (Reuters) - Video game maker Sony Interactive Entertainment Europe Ltd broke Australian consumer law by telling customers they could not get a refund for faulty PlayStation games, Australia’s consumer watchdog said in a lawsuit.Sony Europe violated Australian consumer law by telling customers it did not have to provide them...
Is TikTok The New Home Of Pedophiles, ISIS Propagandists, Et Al?

Is TikTok becoming the new home to pedophiles and ISI propagandists? With the social media application now hitting a milestone download count and millions of registered users, questions concerning security and the safety of users in the app, specifically those of the younger age, are being raised.
Tinder, despite cooperation, says it hasn't shared user data with Russia yet

MOSCOW (Reuters) - Popular dating app Tinder said on Tuesday it had agreed to be added to a list of entities obliged to hand over user data and messages to Russian law enforcement agencies on demand, but had not divulged anyone’s personal information yet.Roskomnadzor, Russia’s telecoms and media regulator, said...
French grid operator able to handle sharp electric vehicle rise

PARIS (Reuters) - France’s electricity grid will be able to cope with a sharp increase in demand from electric vehicles by 2035, its operator RTE said on Wednesday.France has around 223,000 electric vehicles on its roads and like some other European countries plans to end the sale of diesel and...
Safaricom, Vodacom plan $13 million purchase of M-Pesa rights from Vodafone

NAIROBI (Reuters) - Kenya’s Safaricom will start a joint venture with Vodacom to acquire the intellectual property rights to the popular M-Pesa mobile financial services platform from Britain’s Vodafone, Safaricom’s CEO said on Thursday.The 12 million euro ($13.4 million) deal will let both purchasers make significant savings in royalties paid...
Egypt launches first communication satellite: cabinet

CAIRO (Reuters) - Egypt has launched its first communication satellite into orbit, the Cabinet said late on Tuesday, a step government officials say will improve communications infrastructure, internet services and attract investment.Tiba-1 was due to launch last Friday but was delayed for technical reasons, the Cabinet said. It did not...
Australia's NAB says 13,000 customers' personal data breached

(Reuters) - National Australia Bank Ltd (NAB.AX) said 13,000 customers are being contacted after a data breach where personal data was uploaded without permission to two data service companies.Australia’s fourth-largest bank said on Friday that the breach was not a cyber-security issue, adding that no log-in details or passwords were...
AMD shares rise on mobile graphics tie-up with Samsung

(Reuters) - Chipmaker Advanced Micro Devices shares rose 7 percent in early trading on Monday after the company announced a deal with Samsung Electronics Co Ltd that could allow it to better compete with Nvidia Corp.As part of the multi-year partnership, AMD will license its custom graphics intellectual property (IP)...
Hungarian government will play role in 5G network building: minister

BUDAPEST (Reuters) - Hungary’s government will have to play a role in building a 5G network in co-operation with service providers to ensure the infrastructure is put in place quickly, the innovation and technology minister said on Tuesday.Hungary aims to start 5G services at major industrial sites in 2020 and...
Japan urges G7 to think beyond existing rules in dealing with Libra

CHANTILLY, France (Reuters) - Japanese Finance Minister Taro Aso on Wednesday urged his G7 counterparts to make a comprehensive assessment of Facebook Inc’s Libra digital currency for any fresh challenges that could be overlooked by existing regulations.The social media company’s plan to launch a digital coin has met with criticism...
Toyota to invest $2 billion developing electric vehicles in Indonesia

JAKARTA (Reuters) - Toyota Motor Corp plans to invest $2 billion to develop electric vehicles (EV) in Indonesia over the next four years, starting with hybrid vehicles, Indonesia’s coordinating ministry for maritime affairs said.“From 2019 to 2023, we will progressively increase our investment to 28.3 trillion rupiah ($2.00 billion),” Toyota...
LG Chem plans to invest $424 million for battery material plant in South Korea

SEOUL (Reuters) - South Korean battery maker LG Chem Ltd said on Thursday it had agreed to invest 500 billion won ($424.03 million) to build a factory in South Korea to produce cathode material for lithium-ion batteries.LG Chem plans to break ground in the city of Gumi, in southeastern South...
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