Technology Report: Facebook's Instagram to expand ads beyond U.S

	Click to View in Browser 06/9/2014 Facebook's Instagram to expand ads beyond U.S SAN FRANCISCO (Reuters) - Instagram, the mobile photo service owned by Facebook Inc, is expanding its nascent advertising business beyond the United States and will begin showing ads to users in Britain, Canada and Australia, the company said on Monday. Cyber crime costs global economy $445 billion a year: report LONDON (Reuters) - Cyber crime costs the global economy about $445 billion every year, with the damage to business from the theft of intellectual property exceeding the $160 billion loss to individuals from hacking, according to research published on Monday. Upsurge in hacking makes customer data a corporate time bomb WASHINGTON (Reuters) - With hackers stealing tens of millions of customer details in recent months, firms across the globe are ratcheting up IT security and nervously wondering which of them is next. Amazon expands middleman role in latest online payments push SAN FRANCISCO (Reuters) - Amazon.com Inc will start managing subscription payments for start-ups and other companies - the latest in a series of quiet moves the e-commerce giant has made into PayPal's turf over the past year. China's ZTE bets on high-end phones to lift 2015 shipments by a third HONG KONG/SHANGHAI (Reuters) - China's ZTE Corp is banking on high-end smartphones to help raise global shipments by a third next year and establish a brand to rival Samsung Electronics Co Ltd and Apple Inc at home. Antitrust watchdog OKs Slim's Telekom Austria pact VIENNA (Reuters) - Austria's Federal Competition Agency (BWB) has approved a agreement by Carlos Slim's America Movil and the Austrian government to pool their shareholdings in Telekom Austria, the Austria Press Agency reported. China Mobile to buy $881mln stake in Thai billionaire's True Corp BANGKOK (Reuters) - State-owned China Mobile Ltd has agreed to buy an 18 percent stake in Thai telecoms group True Corp for $881 million, in Thailand's first major corporate deal since the military coup last month. Apple to make 3-5 million smartwatches monthly, sales begin October: report SAN FRANCISCO (Reuters) - Apple Inc is preparing to sell its first wearable device this October, aiming to produce 3 million to 5 million smartwatches a month in its initial run, the Nikkei reported on Friday, citing an unidentified parts supplier and sources familiar with the matter. SoftBank to cut smartphone charges in Japan TOKYO (Reuters) - SoftBank Corp , Japan's No.3 mobile carrier, will cut its smartphone charges in Japan with a flat rate for unlimited voice calling and cheaper data plans, in a sign that price competition may be starting to pick up in Japan's mobile market. U.S. spy agency joins Facebook, Twitter WASHINGTON (Reuters) - The CIA, which has long trolled social media to try to uncover global trends and track evil-doers, officially joined Twitter and Facebook on Friday. Related Video PowerLoader - the exoskeleton for super strength Scientists hail "Drop of Health" as superior vegetable oil Mediafile A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend