WASHINGTON/SAN FRANCISCO (Reuters) - AT&T Inc spent close to half the total in the record-setting U.S. sale of airwaves for mobile data, with Verizon Communications Inc and bidding partners of Dish Network Corp also spending heavily, results showed on Friday.
(Reuters) - The head of China's commerce regulator met with Alibaba Group Holding Ltd chairman Jack Ma on Friday to discuss combating fake products, the official Xinhua news agency reported, with the two adopting a conciliatory tone after a row over illegal business on the Internet company's platforms.
BRUSSELS (Reuters) - The European Commission is mulling a new law requiring telecoms companies to store communications data of EU citizens as part of its efforts to fight terrorism, after a top court struck down the previous one on privacy concerns.
BEIJING/SAN FRANCISCO (Reuters) - Draft Chinese government regulation would force technology vendors to meet stringent security tests before they can sell to China's banks, an acceleration of efforts to curb the country's reliance on foreign technology that has drawn a sharp response from U.S. business groups.
BEIJING/SHANGHAI (Reuters) - Alibaba Group Holding Ltd's shares fell more than 10 percent early on Thursday, wiping more than $25 billion of market value after third quarter revenue at the Chinese internet giant fell short of analysts' expectations.