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Snap arrives in London to woo skeptical investors ahead of IPO

LONDON Snap Inc, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday, looking to persuade London money managers to back its initial public offering in the face of concerns about its growth prospects, valuation and corporate governance.

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NZ court rules Megaupload founder Kim Dotcom can be extradited to U.S. for alleged fraud

WELLINGTON A New Zealand court ruled on Monday that internet entrepreneur Kim Dotcom could be extradited to the United States to face charges relating to his Megaupload website, which was shutdown in 2012 following an FBI-ordered raid on his Auckland mansion.

3:56am GMT

Alibaba expands bricks-and-mortar retail push with Bailian deal

BEIJING China's Alibaba Group Holding Ltd said it formed a strategic partnership with Bailian Group, the largest retailer by store numbers to join the e-commerce giant's drive to use big data to improve and profit from brick-and-mortar sales.

Deals, 7:53am GMT

Uber CEO orders 'urgent investigation' on sexual harassment claims

The chief executive of Uber Technologies Inc [UBER.UL] has ordered an "urgent investigation" into claims of sexual harassment at the ride-hailing service made by a former employee.

7:29am GMT

China bicycle-sharing startup Mobike gets funding from Temasek, others

BEIJING Chinese bicycle-sharing startup Mobike said on Monday it has raised funding in a new round led by Singapore state investor Temasek Holdings [TEM.UL] and hedge fund Hillhouse Capital, bringing its total new funding in 2017 to more than $300 million.

9:43am GMT

After night in cell, Samsung scion taken for questioning

SEOUL Handcuffed and tied with white rope, the scion of one of the world's biggest conglomerates, Samsung Group, was taken on Saturday for questioning by South Korean authorities after spending a night in a small detention cell. | Video

18 Feb 2017

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