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personal data about Russian consumers only be stored in Russia

The new law requires personal data about Russian consumers only be stored in Russia, starting in 2016. That will require some work for online retailers and others selling to Russian shoppers, but most companies should be able to adapt, says the editor of a Moscow e-commerce publication. Some foreign players panicked last week when they ...

China’s internet users going online with a mobile device

The number of China’s internet users going online with a mobile device – such as a smartphone or tablet – has overtaken those doing so with a personal computer (PC) for the first time, said the official China Internet Network Information Center (CNNIC) on Monday. China’s total number of internet users crept up 2.3 percent ...

Women looking to enhance their image with apps

Women looking to enhance their image but wary of spending money on expensive cosmetics can take the guesswork out of finding a new look, or improving selfies, with the latest beauty apps. Consumers can experiment with different looks in the apps that act like augmented reality mirrors. With the Beauty Mirror app, which uses filters, ...

Chinese President Xi Jinping begins a two day visit to Cuba

Chinese President Xi Jinping visit Cuba, stirring hopes on the island that China will finally invest in the country after a number of important deals never materialized. Xi was to meet with President Raul Castro on Tuesday and then fly to Santiago de Cuba to see plans to improve port facilities and recovery efforts from ...

judge in New York has granted prosecutors access to a Gmail user’s emails

A judge in New York has granted prosecutors access to a Gmail user’s emails as part of a criminal probe, a decision that could fan the debate over how aggressively the government may pursue data if doing so may invade people’s privacy. U.S. Magistrate Judge Gabriel Gorenstein said Friday he had authorized a warrant to ...

Facebook to try buy button

Facebook Inc. hopes its users are ready to buy directly on the social network. Facebook today announced it is testing a Buy button with a few small- and medium-sized U.S. businesses. The button will enable the social network’s desktop and mobile users to click the button on ads and page posts to purchase a product ...

companies, consumer advocates and citizens submit a 1 million comments to FCC

U.S. companies, consumer advocates and citizens submitted more than 1 million comments to the Federal Communications Commission, drawing contentious divisions on the issue of net neutrality as the first deadline to comment approached Friday. The FCC will continue collecting comments, made in response to these first submissions, until Sept. 10 as it weighs how best ...

JPMorgan Chase & Co, is backing away from making home loans

JPMorgan Chase & Co, the second-largest U.S. mortgage lender, is backing away from making home loans to less creditworthy borrowers after losing faith in its ability to recover much money from foreclosing on homes, even with government guarantees. The shift reflects a change in the way the bank views its mortgage business: where before it ...

Mylan buys Abbott specialty brands for structure tax inversion

Generic drugmaker Mylan Inc said on Monday it would buy Abbott Laboratories’ branded specialty and generics business in developed markets outside the United States in a $5.3 billion deal that will bolster its product line and also cut its tax bill. The deal gives Mylan a wide array of Abbott brands that have annual sales of almost ...