News highlights for 21 November
UK consumers dominate mobile shopping
Latest data has revealed that consumers in the United Kingdom are more smartphone savvy than their American counterparts, at least when it comes to online shopping. Read more…
Digital marketing is key to Uber, Airbnb successes
Few companies in the past few years have rocketed to success faster than Uber, Airbnb and Etsy, which together have transformed the way we hail a cab, plan a vacation, and shop for handmade gifts, respectively. To get from zero to 1,000 customers, the three startups faced a chicken-and-egg problem: How could they attract suppliers if they didn’t have any users? Read more…
IBM invests in UK data centers as tech sector defies Brexit worries
LONDON (Reuters) – Global IT group IBM will triple the number of its cloud data centers in Britain, it said on Tuesday, joining Facebook and Google in investing in the UK after its vote to leave the European Union. Read more…
EU rules to stem payment fraud may disrupt six billion euros of e-commerce: Visa
BRUSSELS (Reuters) – The European Union’s planned rules to reduce fraud by forcing the use of passwords or codes to authenticate electronic payments above 10 euros ($10.60) risk disrupting online shopping and may not increase security, Visa said on Tuesday. Read more…
Irish data Commissioner steps up investigation into Yahoo email scanning
LONDON (Reuters) – Ireland’s Data Protection Commissioner (DPC) said on Monday it was trying to ascertain if Yahoo! Inc’s decision to scan clients’ email accounts at the behest of the U.S. authorities last year broke European law. Read more…
Robot maker Yaskawa sees short-term Brexit gain from lower labor costs
FRANKFURT (Reuters) – Japanese robot maker Yaskawa Electric sees short-term benefits from Britain’s decision to leave the European Union thanks to lower labor costs for the roughly 150 staff it employs in Scotland, it said on Monday. Read more…
Reese Witherspoon, AT&T venture, form media company aimed at women
(Reuters) – Otter Media, the joint venture between AT&T Inc and The Chernin Group, has partnered with Reese Witherspoon to form a new multimedia company, Hello Sunshine, aimed at telling female-driven stories. Read more…
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