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GE unveils customized cloud service in industrial data push

- General Electric Co said on Wednesday it is developing a cloud-based service tailored for industrial customers, the latest step in the U.S. conglomerate's effort to gain business from data generated by machines.

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China to put security teams in major Internet firms, websites

SHANGHAI - China is planning to set up "network security offices" in major Internet companies and for websites so authorities can move more quickly against illegal online behavior, the Ministry of Public Security said in a statement.

1:40am EDT

Harman says car hacking risk restricted to Fiat Chrysler

- Harman International Industries Inc, which supplies car infotainment systems to Fiat Chrysler Automobiles NV and many other manufacturers, said the hacking risk that led to the recall of 1.4 million Chrysler vehicles last month seemed to be restricted to the Italian-American automaker.

Cybersecurity 04 Aug 2015

Consumers choose marketplace over retail websites: survey

CHICAGO - Digital shoppers are increasingly starting their product searches on retail marketplace platforms, which allow third-party merchants to sell goods, before looking on an individual retailer's website, according to a report released on Tuesday by Amazon.com Inc and Pymnts.com.

04 Aug 2015

China launches plan to support high-end manufacturers

SHANGHAI - China's government will support companies that make high-tech equipment for a range of sectors including railways, energy and agriculture, the top economic planning body said, as Beijing focuses on more value-added industries to spur its economy.

04 Aug 2015

Toshiba CEO apologizes to Japan PM office for accounting scandal

TOKYO - Toshiba Corp's chief executive apologized to Prime Minister Shinzo Abe's office on Wednesday after revelations of wide-spread accounting irregularities at the industrial conglomerate embarrassed government efforts to improve the country's corporate governance.

2:25am EDT