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U.S. Postal Service eyes e-commerce to offset declining mail

CHICAGO - Facing a slump in the mail it had been delivering since the days of America's Revolutionary War, in 2012 the U.S. Postal Service began aggressively targeting e-commerce and lapsed customers as the way to salvage its declining business.

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South Korea indicts Uber CEO, local unit for transport law breach

SEOUL - South Korea has indicted the chief executive officer and local subsidiary of Uber Technologies Inc for violating a law governing public transport, becoming the latest jurisdiction to challenge the U.S. taxi service provider.

South Korea 24 Dec 2014

Japan, wary of North Korea, works to secure infrastructure after Sony attack

TOKYO - Japan, fearing it could be a soft target for possible North Korean cyberattacks in the escalating row over the Sony Pictures hack, has begun working to ensure basic infrastructure is safe and to formulate its diplomatic response, officials said.

World, Japan, North Korea 24 Dec 2014

South Korea seeks China's cooperation in probe into cyberattack on nuclear operator

SEOUL - South Korea is seeking the cooperation of Chinese authorities in a probe into a cyberattack on its nuclear power plant operator after tracing multiple Internet addresses involved to a northeastern Chinese city near North Korea, a prosecution official said on Wednesday.

Huawei's smartphone sales shoot up after copying Xiaomi's online strategy

BEIJING - China's Huawei Technologies Co Ltd [HWT.UL] has taken sales of its low-price Honor brand of smartphones to 20 million from 1 million in just one year, hitting pay dirt with the disruptive online-only strategy it copied from smaller upstart Xiaomi Inc [XTC.UL].

Media 23 Dec 2014

Alibaba spent $161 million fighting fakes since 2013

BEIJING - China's Alibaba Group Holding Ltd, the world's largest e-commerce company, spent over 1 billion yuan ($160.7 million) combating fake goods and for improving customer protection from the beginning of 2013 to the end of November, the firm said Tuesday.

China, 23 Dec 2014

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