SAN FRANCISCO (Reuters) - Alibaba Group Holding Ltd's underwhelming holiday quarter performance and an escalating war of words with a powerful Chinese industry regulator highlight two major risks to its seemingly fairy-tale ascent: politics and the shift to mobile commerce.
WASHINGTON (Reuters) - The U.S. Federal Communications Commission raised a record $44.9 billion in the auction of so-called AWS-3 airwaves that closed on Thursday, marking the highest point yet in the wireless industry's appetite for more spectrum.
SAN FRANCISCO (Reuters) - A passenger allegedly raped by an Uber driver in India's capital sued the online car service in U.S. federal court on Thursday, claiming the company failed to maintain basic safety procedures.
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.
WASHINGTON (Reuters) - The United States administration has consistently pressed China about the impact of regulations on U.S. information technology firms, a spokesman for the U.S. Trade Representative said on Thursday.
NEW YORK (Reuters) - U.S. prosecutors said on Thursday they will drop charges against five men accused of insider trading ahead of an IBM Corp acquisition after an appellate court ruling limited the ability of authorities to pursue such cases.
SEATTLE (Reuters) - Microsoft Corp made its popular Word, Excel and PowerPoint applications available for free on Android tablets on Thursday, marking the latest step in its drive to get as many mobile customers as possible using its software.