Alibaba buys half of Chinese soccer club for $192 million

In a speedy deal hatched over a few drinks, China's biggest e-commerce company Alibaba is buying half of the country's most successful soccer club Guangzhou Evergrande for $192 million.


Romania sentences hacker 'Guccifer' to jail

A Romanian court sentenced hacker "Guccifer", who broke into the emails of former U.S. president George W. Bush's family, entertainment figures and the head of the Romanian secret service, to four years in jail on Friday.

Wanted: a watchdog for the mobile medical app explosion

A smartphone app that rids you of acne. Another that monitors your heart rate 24-7. One that detects skin cancer by looking at your birthmarks. If they sound too good to be true, they may be.

Europe to force Google, Facebook to abide by EU privacy rules

Companies based outside the European Union must meet Europe's data protection rules, ministers agreed on Friday, although governments remain divided over how to enforce them on companies operating across the bloc.


Latest News

After Apple showed off the “world’s most advanced operating system” on Monday’s Worldwide Developers Conference, the most talked about topic in the tech world after iOS 8 is: will the iWatch come in next?
Instagram announced on Tuesday the roll out of 10 new editing tools for both iOS and Android. The app added a slide bar for users to be able to adjust contrast, brightness, saturation and warmth and an option that allows users to adjust the intensity of filters.
Alison Hardacre, co-founder and managing director of HealthKit, a Melbourne-based startup and owner of both the HealthKit Twitter handle and the healthkit.com website expressed disappointment over Twitter on Apple's use of its company name in its new product.
Boosting the adoption of messaging service WhatsApp in the United States and some other markets is proving difficult, co-founder Brian Acton said, but the company will still create substantial revenue for prospective parent Facebook Inc (FB.O).
Japan's SoftBank Corp said on Thursday it will start selling human-like robots for personal use by February, expanding into a sector seen key to addressing labour shortages in one of the world's fastest ageing societies.
Hiring startup Gild has raised cash to help it tackle one of the U.S. technology sector's highest-profile challenges: the lack of diversity among its workers.
Business startup Zenefits has raised another $66.5 million from investors, months after its first capital-raising, following a pattern set previously by a handful of hot, young consumer companies that proved their worth to investors over a short span.
Kinaxis Inc trimmed the expected offer price of its initial public offering on Tuesday, in a sign that market demand for the Canadian software company's equity issue may not be as hot as originally expected.
Rogers Communications Inc, Canada's biggest wireless company, and Vodafone Group PLC, the global telecoms group, announced a new market agreement on Tuesday to broaden the services they offer each other's customers.
A well-known proponent of the electronic currency bitcoin agreed to pay nearly $51,000 to settle U.S. Securities and Exchange Commission civil charges that he publicly offered unregistered shares in two Internet ventures, the regulator said on Tuesday.