Business

European parliamentarians have passed a controversial overhaul of copyright law that could force tech giants to install filters that prevent copyright-protected content from being uploaded. Lawmakers in Strasbourg, France, voted on Wednesday in favor of the European Union’s revamped directive, which is aimed at bringing the bloc’s rules on copyright into the 21st century. The
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Amazon’s public cloud could be bound for space. The cloud-computing division, Amazon Web Services, has been looking to hire people for an initiative involving space and satellite systems, though the company has never publicly discussed such a project. On Tuesday the website This Just In, which covers Amazon, published a report after spotting two job
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U.S. hedge fund Elliott rejected Vivendi’s criticism of the management situation at Telecom Italia Monday, saying the French media conglomerate seems to have fallen prey to “short termism.” Elliott wrestled control of Telecom Italia’s board away from Vivendi earlier this year, after a two-month campaign to overhaul the way the Paris-headquartered firm had been running
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Microsoft views Amazon’s entry into new business areas as a great opportunity to steal cloud customers. During an appearance at Citi’s Global Technology Conference in New York on Thursday, Judson Althoff, the executive vice president heading up Microsoft’s worldwide commercial business group, pointed to trust as one reason that Microsoft’s public cloud is growing faster
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Jon McNeill, president of global sales and service, left in February after 2 years. McNeill moved to ride-hailing company Lyft where he’s served as chief operating officer since February. Eric Branderiz, chief accounting officer, left in March after a year and a half, citing only “personal reasons.” He is now the chief financial officer at
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Mainland Chinese buyers are expected to snap up an increasing amount of overseas real estate this year — even despite political resistance and sensitivity about such investments around the world. Chinese investments from infrastructure to property buying have been political hot potatoes during elections and beyond, with newly elected governments — such as Malaysia’s —
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After countless complaints of hotel workers enduring sexual harassment, the industry is finally responding by introducing increased measures to better protect its employees, including a portable panic button. Thursday’s announcement is the largest step taken by hotel operators to address harassment and improve safety, and is being made in conjunction with the American Hotel and
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David Paul Morris | Bloomberg | Getty Images Thomas Kurian, Oracle’s president of product development, speats at Oracle’s 2013 OpenWorld conference in San Francisco. Thomas Kurian, one of the top executives at Oracle, is taking time away from the company for an unspecified period of time, the company has told CNBC. “He’s taking some time
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Michael Nagle | Bloomberg | Getty Images Pedestrians walk past Aetna headquarters in Hartford, Connecticut. The Department of Justice is close to approving CVS Health’s acquisition of Aetna and Cigna‘s acquisition of Express Scripts, The Wall Street Journal reported Wednesday, citing people familiar with the matter. Both deals could receive formal antitrust approval as soon
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Skype  Skype’s redesigned desktop app moves the “chats,” “calls,” “contacts” and “notifications” buttons to the top left corner. A Skype redesign in June last year — when the “Highlights” feature was introduced — was mostly unpopular with users. Skype said that most people use the platform purely for calls, video chat and instant messaging. “Highlights”
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The Caixin manufacturing PMI reading released on Monday matched the expectations of economists polled by Reuters who had forecast the index to have fallen to 50.6 in August from 50.8 in July. A reading above 50 indicates expansion, while a reading below that signals contraction. The private survey also found that employment was falling amid
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Qilai Shen | Bloomberg | Getty Images A woman stands next to signage incorporating the logo of JD.com, and the company’s mascot ‘Joy,’ at the company’s headquarters in Beijing, China. BEIJING — The billionaire chief executive of one of China’s largest online retailers was arrested Friday in Minnesota on a charge of criminal sexual conduct
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