Posts From King World News

Ebay upgrades app for iOS and Android

(Reuters) – Ebay Inc released an upgrade to its mobile app for iOS and Android that provides more information to first-time sellers and includes a new dashboard for frequent sellers. Ebay has been trying to improve sales in its core marketplace business after spinning off PayPal Holdings Inc and selling its enterprise business in July. Ebay released a Beta version of the app, eBay 4.0, for both iOS and Android

Amazon jumps into restaurant delivery in Seattle

By Mari Saito SAN FRANCISCO (Reuters) – Online retailer Amazon.com Inc said on Tuesday it will begin offering its own restaurant delivery service to Prime members in Seattle, marking its first push into an increasingly crowded market for meal delivery known for razor-thin margins. Amazon customers will be able to order food from dozens of restaurants in the Seattle area using the company’s Prime Now app – with the delivery

U.S., tech industry fight over email privacy heads to appeals court

By Joseph Ax NEW YORK (Reuters) – A U.S. appeals court on Wednesday will consider whether U.S. law enforcement can make American technology companies hand over customers’ emails held overseas, in a case closely watched by privacy advocates, news organizations and business groups. Microsoft Corp is challenging a U.S. search warrant seeking the emails of an individual stored on a server in Ireland as part of a drug investigation. The

China's JD.com says may buy back $1 billion of ADS

(Reuters) – Chinese e-commerce company JD.com Inc, which has lost a third of its market value since mid-June, said on Tuesday it planned to buy back up to $1 billion of its American Depositary Shares (ADS) over the next two years. JD.com joins several other big Chinese companies, including far-larger rival Alibaba Group Holding Ltd, that have announced buyback plans recently as worries about China’s economy hits share prices. The

China imports sink in August, shares rally but volumes dive

China’s imports tumbled in August, raising concerns about the health of the world’s second-largest economy and its contribution to global growth. The data will add to the pressure on Beijing policymakers trying to ensure China’s economy avoids a hard landing, though authorities will take some comfort that their efforts to steady the country’s stock markets were rewarded with a late rally on Tuesday. Much of China’s imports are commodities and

Fiat Chrysler CEO says pursuing merger with GM a "high priority"

Fiat Chrysler Automobiles (FCA) boss Sergio Marchionne said on Sunday that seeking a tie-up with General Motors was a “high priority” and such a deal would also be the best strategic option for its U.S. rival. GM’s board rebuffed a merger proposal from the Italian-American carmaker earlier this year. “That discussion remains a high priority for FCA,” he told journalists on the sidelines of the Formula One Italian Grand Prix

Microsoft, Amazon video to join Disney's cloud movie service

Studios like Disney, which has made blockbuster films like “Frozen” and Marvel’s “Guardians of the Galaxy,” have been attempting to steer movie fans towards digital purchases as sales of DVDs decline. The collection in Disney Movies Anywhere can be accessed through its new app for the Microsoft Xbox 360 and for Amazon’s Fire tablets, Fire TV and Fire TV Stick.