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Business Diane Greene Google service Tech Top News 

Google to stop scanning Gmail for creating targeted ads

June 23, 2017 (Reuters) – Alphabet Inc’s Google said on Friday it would stop scanning Gmail content for creating personalized ads from later this year, bringing the widely-used email service in line with its enterprise offering, G Suite. The decision was outlined in a blog post by Google cloud computing chief Diane Greene, who joined the company in 2015 and has been responsible for the rapid growth of Google’s cloud business. Google’s practice of analyzing incoming and outgoing emails of its free consumer Gmail users has been criticized on privacy…

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debt Jeffrey Rosenberg Money Pat Keon service Top News 

U.S. stock fund flows decline week after one of biggest inflows of 2017

June 22, 2017 By Trevor Hunnicutt NEW YORK (Reuters) – Investors pulled back from U.S.-based stock funds after pouring the most cash into those investments since February the previous week, Lipper data showed on Thursday. Withdrawals of $2.2 billion struck U.S.-based equity mutual funds and exchange-traded funds during the week ended June 21, the research service said, during a rollercoaster week for stocks and as the Federal Reserve announced its second interest rate hike of 2017. The S&P 500 recorded three down days and two up during the measurement period,…

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Didi Chuxing Japan service singapore Tech Top News 

Chinese bicycle-sharing startup Mobike expands into Japan

June 22, 2017 SHANGHAI (Reuters) – Chinese bicycle-sharing startup Mobike has set up a subsidiary in Fukuoka city in northern Japan and plans to begin service later this year, it said on Thursday. The move into one of Japan’s largest cities marks the latest overseas venture for the firm, which has already launched services in Singapore and the UK. The company has operations in around 100 Chinese cities and has raised over $900 million since October. “The company is committed to providing smart bike-share services in collaboration with local governments…

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internet launch Sara Haider service Tech Top News 

Twitter to let streaming video stars collect money from fans

June 21, 2017 By David Ingram SAN FRANCISCO (Reuters) – Twitter Inc plans on Wednesday to launch a system for people to earn money by streaming live on its Periscope service, a first for Twitter and a way for the company to try to compete with YouTube and others in the search for internet talent. People watching Periscope will be able to send performers and broadcasters they like a gratuity using a variety of heart shapes that are, in effect, a virtual currency they can purchase, the company said. Broadcasters…

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David Mendels Edward Vargo Money service Texas Top News 

Your money: Consumers grapple with tip inflation

June 15, 2017 By Chris Taylor NEW YORK(Reuters) – When Alexander Koury took his cats to get groomed a few weeks ago, he got a bit of a shock at the checkout counter. The Phoenix financial planner brought his 5-year-old orange tabbies Frankie and Scotch in for bathing, clipping and shaving, which cost $150. But then the payment system asked whether he wanted to tack on a healthy tip: Either 20, 25 or 30 percent. “Ridiculous,” says Koury, 36, who says it was not explained to him why he needed…

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British Airways Business launch offer service 

Low-cost airlines shake up market for long haul flights

June 7, 2017 By Victoria Bryan CANCUN, Mexico (Reuters) – Low-cost, long-haul air travel has taken off across the Atlantic, shaking a club of major airlines meeting in Mexico this week and forcing established flag carriers to set up budget subsidiaries or lower fares. Transatlantic routes are among the industry’s most popular and profitable, and budget carriers are trying to grab a slice of that business by boosting capacity on them by 68 percent this summer, according to data from air travel intelligence company OAG. A looming fare war has…

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Apple’s first TV series shows what it takes to build an app

June 7, 2017 By Lisa Richwine LOS ANGELES (Reuters) – Apple Inc’s long-awaited move into original television series starts Tuesday, with a reality show about a universe that is key to the technology giant’s business: the world of app developers trying to bring their ideas to the masses. The 10-episode “Planet of the Apps,” an unscripted show with similarities to ABC’s “Shark Tank,” is part of an effort to add exclusive video programing to Apple’s music streaming service to help attract new subscribers. The first episode will be available for…

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Amazon offers Prime discount for U.S. customers on government aid

June 6, 2017 (Reuters) – Inc said on Tuesday it would offer a discount on its popular Prime subscription service for shoppers who receive U.S. government aid, taking aim at a key customer base for rival Wal-Mart Stores Inc. Amazon said it would offer the $10.99-per-month or $99-per-year Prime service — which includes fast shipping as well as streaming of movies and TV shows — for $5.99 per month to those receiving government assistance including welfare and food stamps. The online retailer’s move directly challenges Wal-Mart — the biggest…

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South Korea launches $10 billion fiscal package to boost jobs, welfare

June 5, 2017 By Cynthia Kim SEJONG (Reuters) – South Korea’s new government announced a 11.2 trillion won ($10 billion) fiscal stimulus package on Monday, increasing social welfare subsidies and taking steps to deliver on President Moon Jae-in’s election promise to create 810,000 public sector jobs. But Moon’s ruling Democratic Party faces a challenge passing the extra budget bill as it only holds 40 percent of the 299 seats in the National Assembly and would need the support of more than 30 opposition lawmakers. Both parties in the conservative opposition…

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Cher, Carter join Allman Brothers Band fans at leader’s funeral

June 4, 2017 By Chris Aluka Berry MACON, Ga. (Reuters) – Former U.S. President Jimmy Carter and entertainer Cher were among the political and musical luminaries who attended the funeral for Southern rock pioneer and Allman Brothers Band vocalist Gregg Allman in Georgia on Saturday. Hundreds of mourners joined a procession from the chapel where Allman was remembered in an intimate memorial service to his burial site at the Rose Hill Cemetery about a mile away in the city of Macon, some 85 miles (137 km) south of Atlanta. Cheering…

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