BEIJING/SAN FRANCISCO (Reuters) – Draft Chinese government regulation would force technology vendors to meet stringent security tests before they can sell to China’s banks, an acceleration of efforts to curb the country’s reliance on foreign technology that has drawn a sharp response from U.S. business groups.
People are silhouetted as they pose with laptops in front of a screen projected with a Google logo, in this picture illustration taken in Zenica October 29, 2014.
SAN FRANCISCO (Reuters) – Google Inc plans to keep making ambitious and costly bets on futuristic products, even if it means shelving some of its most beloved projects.
Two freshly delivered Amazon boxes are seen on a counter in Golden, Colorado August 27, 2014.
A zoomed image of a computer screen showing the Amazon logo is seen in Vienna November 26, 2012. To match Special Report TAX-AMAZON/
NEW YORK (Reuters) – Alibaba Group’s surprise revenue miss sent shares plunging on Thursday, but some investors say their enthusiasm for the Chinese e-commerce giant has not cooled given its long-term potential.