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'Everyone loves sex, why hide it?' asks director at Cannes

Director Gaspar Noe rejected the idea on Thursday that his ultra-graphic 3D sex film “Love” was controversial at the Cannes Film Festival, saying it was ridiculous to ignore a subject that “everyone loves”. “I have friends who love money, some who love coke, some who love cinema, but the common point is that everyone loves having sex,” the Paris-based director said at a press conference. “Love” leaves nothing to the

Hands-on review: Updated: Sony Xperia M4 Aqua

Introduction and design Editor’s note: At the time of writing the Xperia M4 Aqua we received had a non-retail version of the software installed, so rather than a full review this is currently an extended hands on. We’ll update this review and give the M4 Aqua a score when Sony updates the handset with the final software. The Xperia Z4 is still on its way, but while we wait the

Shares of Canadian e-commerce software maker Shopify jump in debut

(Reuters) – Shares of Shopify Inc , a Canadian e-commerce software maker, rose as much as 69 percent in their market debut on the New York Stock Exchange, valuing the company at $2.14 billion. Shopify, which also started trading on the Toronto Stock Exchange on Thursday, is the first Canadian company to be listed on a U.S. exchange this year. More Canadian technology companies are planning initial public offerings as

Searching for the next Alibaba in India

By Nivedita Bhattacharjee MUMBAI (Reuters) – Indian e-commerce firms are offering funding help and tech support to woo small retailers, emulating a strategy used by Chinese online retail giant Alibaba Group Holding Ltd to expand into the towns and villages home to the majority of consumers. India’s biggest e-tailers such as Flipkart, Snapdeal and the local arm of Amazon.com Inc are online marketplaces, with commission from sellers accounting for the

Rocket Internet eyes IPOs for fashion, food groups: magazine

German e-commerce investor Rocket Internet aims to list the shares in two of its holdings, Global Fashion Group and Global Online Takeaway Group, eight months after its own initial public share offer, monthly Manager Magazin said. Rocket Internet declined to comment on the report. While Berlin-based Rocket sees itself as building an e-commerce operating empire, some investors see it as a launchpad for future stock market listings of everything from

German carmakers team up with General Atlantic to bid for HERE: sources

By Edward Taylor and Arno Schuetze FRANKFURT (Reuters) – Germany’s premium automakers Mercedes, Audi and BMW have teamed up with private equity firm General Atlantic to raise their chances of clinching Nokia’s map unit HERE, two people familiar with the matter said. After announcing a 15.6 billion euro takeover of network equipment maker Alcatel Lucent, Finland’s Nokia last month started a strategic review of its maps business, setting in motion

Not so fast: connected cars could cause data traffic jams

By Eric Auchard FRANKFURT (Reuters) – Traffic jams in the future could cause potentially dangerous data snarl-ups as cars packed with entertainment, safety and navigation features vie for airwaves with smartphones, tablets and networked features in other vehicles, according to a study. Connected cars with onboard Wi-Fi connections could cause spikes in cellular data demand when traffic grinds to a halt as drivers seek alternative routes and bored passengers search