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Friday, August 15, 2014

Technology Report: Apple addresses labor violations at Quanta Chinese factories after 2013 audit

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08/15/2014
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Apple addresses labor violations at Quanta Chinese factories after 2013 audit
SAN FRANCISCO (Reuters) - Apple Inc has worked with supplier Quanta over the past year to improve working conditions after a 2013 audit, published on Friday, uncovered a profusion of violations, including excessive overtime and health hazards.
U.S. extends deadline for 'net neutrality' comments to Sept 15
WASHINGTON (Reuters) - U.S. Federal Communications Commission on Friday said it would accept public comments on its proposed new "net neutrality" rules through Sept. 15, giving Americans extra time to weigh in on how they think Internet traffic should be regulated.
Apple begins storing users' personal data on servers in China
BEIJING (Reuters) - Apple Inc has begun keeping the personal data of some Chinese users on servers in mainland China, marking the first time the tech giant is storing user data on Chinese soil.
Alibaba film unit says found possible accounting irregularities; halts shares
HONG KONG (Reuters) - A media firm Alibaba Group Holding Ltd recently bought said on Friday a review of its finances revealed possible accounting irregularities, casting doubts on the Chinese e-commerce giant's due diligence as it prepares for a U.S. initial public offering.
JD.com's quarterly loss widens as costs rise
(Reuters) - JD.com Inc , China's No.2 e-commerce company, reported a bigger quarterly net loss due to costs related to a partnership with Tencent Holdings Ltd and higher spending aimed at better competing with market leader Alibaba Group Holding Ltd.
United Internet buys stake in Rocket Internet
FRANKFURT (Reuters) - German Internet service provider United Internet AG is investing 435 million euros ($582 million) for a 10.7 percent stake in venture capital group Rocket Internet, the companies said on Friday.
Online home furnishings retailer Wayfair files for IPO
(Reuters) - Online home-furnishings retailer Wayfair Inc filed for an initial public offering of its Class A common stock, the company said in a regulatory filing with the U.S. Securities and Exchange Commission on Friday.
U.S. supermarket chain Supervalu investigating potential data breach
(Reuters) - Supervalu Inc said it is investigating a potential data breach that could have affected some of its retail food stores, including some of its associated stand-alone liquor stores.
Vringo shares dive after court tosses patent claims
(Reuters) - A U.S. appeals court on Friday rejected patent claims brought by a Vringo Inc subsidiary against several companies including Google, sending Vringo shares plummeting.
Ebay in talks to take bitcoins at payments unit : WSJ
SAN FRANCISCO (Reuters) - Ebay Inc's PayPal is in talks with Coinbase Inc and other bitcoin transaction providers to integrate the virtual currency within its Braintree payments system, The Wall Street Journal reported on Thursday.
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