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The Amazing Ways Retailer JD.com Uses AI, Big Data & Robotics To Become The Global E-Commerce Leader
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Often referred to as the Amazon of China, JD.com started in 1998 as a brick-and-mortar store in Beijing, but it has aspirations to be the world’s leading e-commerce retailer. Based on its tremendous growth, it might not take long for the company to get there. Richard Liu, the company’s founder, CEO, and chairman, has even […]

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British regulator to fine Facebook over data protection breaches
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LONDON (Reuters) – Britain’s information regulator said on Wednesday she intends to fine Facebook (FB.O) for breaches of data protection law as her office investigates how millions of users’ data was improperly accessed by consultancy Cambridge Analytica. FILE PHOTO: A woman looks at the Facebook logo on an iPad in this photo illustration taken June […]

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New Zealand's Z Energy flags possible data breach in online card system
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(Reuters) – Fuel supplier Z Energy Ltd on Wednesday said it had been presented with evidence that customer data from its Z Card Online database was accessed by a third party in November 2017. The database held customer data such as names, addresses, registration numbers, vehicle types and credit limits with the company, Z Energy […]

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Furor erupts around Indian PM Modi's app over alleged data sharing
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MUMBAI (Reuters) – Allegations that Indian Prime Minister Narendra Modi’s official mobile applicatihere.narendramodiapp&hl=en was sending personal user data to a third party without their consent caused a furor on social media in India and drew criticism from the leader of the main opposition party on Sunday. FILE PHOTO: India’s Prime Minister Narendra Modi speaks with […]

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Exclusive: Kaspersky Lab plans Swiss data center to combat spying allegations – documents
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MOSCOW/TORONTO (Reuters) – Moscow-based Kaspersky Lab plans to open a data center in Switzerland to address Western government concerns that Russia exploits its anti-virus software to spy on customers, according to internal documents seen by Reuters. FILE PHOTO: The logo of Russia’s Kaspersky Lab is displayed at the company’s office in Moscow, Russia October 27, […]

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MoviePass Wants to Gather a Whole Lot of Data About Its Users
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MoviePass CEO Mitch Lowe thinks his service’s rapid growth will continue, projecting earlier this month that MoviePass will have 5 million subscribers by the end of 2018, and account for around 20% of all movie ticket purchases. But some of those future subscribers might be concerned about his company’s tactics, which Lowe recently said includes […]

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Are You a Coinbase User? Your Data Could Be on Its Way to the IRS
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Coinbase will send some of its customer’s data to the IRS in the coming weeks. In an email dated Feb. 23, the cryptocurrency exchange informed around 13,000 users that it would be providing information—albeit in “certain limited categories”—to the Internal Revenue Service (IRS), according to crypto news site Coindesk. “If you have concerns about this, […]

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Number of crypto hedge funds doubles in four months: Autonomous NEXT data
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LONDON (Reuters) – Hedge funds focused on trading cryptocurrencies more than doubled in the four months to Feb. 15, hitting a record high of 226, showed new data from fintech research house Autonomous NEXT on Thursday. The firm had recorded just 110 global hedge funds with a similar strategy as of Oct. 18, up from […]

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Nvidia's upbeat forecast powered by data center, cryptocurrency demand
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(Reuters) – Nvidia Corp’s (NVDA.O) upbeat current-quarter revenue forecast on Thursday underscored surging demand for its graphics chips used in data centers, gaming devices and cryptocurrency mining, sending its shares up as much as 12 percent in extended trading. The company, which also reported better-than-expected quarterly results, is reaping the benefits from the launch of […]

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