Category: Enterprises



NEW YORK/SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) is buying a software firm that specializes in authenticating government-issued identification cards, the two companies said on Tuesday, a step that may help the social media company learn more about the people who buy ads on its network. U.S. lawmakers have expressed alarm at Facebook’s limited ability to know who is buying advertisements, including election-related ads, on the world’s largest social network....


Asian Shares Edge Up, On Track For Weekly Gain

TOKYO (Reuters) – Asian shares edged higher on Friday, on track for weekly gains, though sentiment was kept in check by Wall Street’s weakness on concerns about the progress of U.S. tax reform. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.04 percent in early trade, poised to gain 1.2 percent for the week. But Japan’s Nikkei stock index N225 slipped 0.8 percent, down 1.3 percent for the week,...


Europe’s Unibail Bids $16 Billion For Westfield To Counter Online Threat

SYDNEY/MELBOURNE/PARIS (Reuters) – Europe’s biggest property firm Unibail-Rodamco is to buy U.S. and UK mall operator Westfield Corp for $16 billion, in a defensive move to create a global leader in a sector grappling with the online shopping challenge led by Amazon. The deal gives Europe-focused Unibail, which owns ‘Les 4 Temps’ and ‘Forum des Halles” in Paris and has centers spreading from Helsinki to Valencia, exposure to the United...