Alibaba launches $15 billion overseas R&D drive | | BEIJING (Reuters) - China's top e-commerce firm, Alibaba Group Holding Ltd [BABA.N], is launching a $15 billion drive to build overseas research hubs as the deep-pocketed firm looks to compete with global leaders in e-commerce, logistics and cloud technology. |
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UK proposes internet firm levy with web safety plan | | LONDON (Reuters) - Britain published proposals on Wednesday for a levy on social media firms and internet providers to help fund its online safety strategy, designed to tackle bullying, abuse and other risks for children and vulnerable users. |
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Hot chips to make Samsung's third-quarter profit sizzle | | SEOUL (Reuters) - Samsung Electronics Co Ltd is expected to forecast a record third-quarter profit on Friday thanks to the strong market for memory chips, and as mobile earnings bounce back from last year's costly withdrawal of the Note 7. |
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Apple nears TV deal with Spielberg for 'Amazing Stories' | | LOS ANGELES (Reuters) - Apple Inc is finalizing a deal to make 10 new episodes of Steven Spielberg's 1980s science fiction anthology series "Amazing Stories," landing a premiere Hollywood talent for its plunge into original TV programming, a source with knowledge of the discussions said. |
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