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Exclusive: Not Made in America - Wal-Mart looks overseas for online vendors

Thu, 27 Jul 2017 08:29:06 -0400

CHICAGO (Reuters) - Walmart.com, trailing Amazon.com Inc in the number of goods for sale on its website, is recruiting vendors in China and other countries to boost its online offerings in a pivot away from Wal-Mart's Made-in-America campaign.(image)



Canadian military tweets welcome as Trump bans transgender personnel

Wed, 26 Jul 2017 20:00:34 -0400

OTTAWA (Reuters) - Canada's military took to Twitter to welcome recruits from all gender identities on Wednesday, hours after U.S. President Donald Trump said he would ban transgender people from the U.S. military.(image)



Singapore slings? Taking on Alibaba, Amazon launches Prime Now in the city state

Thu, 27 Jul 2017 08:48:04 -0400

SINGAPORE (Reuters) - Amazon.com Inc launched its two-hour delivery service in Singapore on Thursday, marking the e-commerce giant's biggest push into Southeast Asia and its first head-on battle with Chinese rival, Alibaba Group Holding.(image)



China's Baidu enters strategic partnership with Paypal to tap Chinese tourists

Wed, 26 Jul 2017 21:31:11 -0400

BEIJING (Reuters) - Baidu Inc said on Friday that it has entered a strategic agreement with PayPal Holdings Inc to tap overseas merchants as Chinese tech companies ramp up the fight for overseas payment partnerships.(image)



Messaging startup Slack is raising $250 million amid venture investment boom

Wed, 26 Jul 2017 21:34:08 -0400

SAN FRANCISCO (Reuters) - Software startup Slack Technologies Inc is raising $250 million in a new funding round, according to people familiar with the matter, boosting the company's valuation as Silicon Valley companies enjoy a surge in venture capital investments.(image)



Facebook funds Harvard effort to fight election hacking, propaganda

Wed, 26 Jul 2017 14:42:43 -0400

LAS VEGAS (Reuters) - Facebook Inc will provide initial funding of $500,000 for a nonprofit organization that aims to help protect political parties, voting systems and information providers from hackers and propaganda attacks, the world's largest social network said on Wednesday.(image)



U.S. indicts suspected Russian 'mastermind' of $4 billion bitcoin laundering scheme

Thu, 27 Jul 2017 08:14:42 -0400

NEW YORK/ATHENS/MOSCOW (Reuters) - A U.S. jury indicted a Russian man on Wednesday as the operator of a digital currency exchange he allegedly used to launder more than $4 billion for people involved in crimes ranging from computer hacking to drug trafficking.(image)



Milan prosecutors launch investigation into UniCredit's cyber breach: sources

Wed, 26 Jul 2017 11:08:30 -0400

MILAN (Reuters) - Prosecutors in Milan have launched a probe into a data breach at UniCredit affecting around 400,000 customers of the Italian bank, judicial sources said on Wednesday.(image)



Reliance's 'free' JioPhone shakes up cheap end of India's billion-strong market

Thu, 27 Jul 2017 06:16:24 -0400

MUMBAI (Reuters) - At first glance, Indian telecoms upstart Jio's bet on 'free' internet-enabled phones to win over poorer customers is a near-fatal blow for low-end handset makers, most already struggling with paper-thin margins on some of the world's cheapest devices.(image)



Heading to Germany because of Brexit? Call this free tax hotline

Wed, 26 Jul 2017 07:17:58 -0400

FRANKFURT (Reuters) - The western German state of Hesse, home to Frankfurt, has set up a toll-free hotline and website - both in English - aimed at handling tax queries from finance professionals considering a move in the age of Brexit.(image)