Google meets Italy's demands on data use practices

File photo of a woman holding her smart phone which displays the Google home page, in this picture illustrationItaly's data privacy regulator said on Friday Alphabet Inc's Google had met its requests to change the way it treats and stores user data to bring practices into line with Italian rules. Two years ago, the watchdog told Google its disclosure to users on how their data was being treated was inadequate, giving it 18 months to comply fully and indicating a series of measures that needed to be carried out. The move was one of several privacy challenges against the U.S. Internet giant in the European Union, highlighting the bloc's desire to ensure its citizens' data is treated according to EU law, even when held in foreign jurisdictions.



Soccer-Former Germany midfielder Bastian Schweinsteiger
Factbox on Germany midfielder Bastian Schweinsteiger, who announced his retirement from international football on Friday. * Makes international debut in June 2004 in a 2-0 defeat by Hungary in Kaiserslautern. * Endures a disappointing debut in a major tournament, as Germany are eliminated in the group stage of Euro 2004.

Soccer-Germany's Schweinsteiger ends international career
* German midfielder calls time on glittering career * Poor form and injury hampered first season at Manchester United (adds detail) LONDON, July 29 (Reuters) - Germany midfielder Bastian Schweinsteiger announced his retirement from international football on Friday, bringing to an end a glittering career that ended in disappointment with a semi-final exit at Euro 2016 in France. "The historic and emotional high was winning the World Cup in 2014," the Manchester United player added. Schweinsteiger was vice-captain of the national team when Germany edged Argentina in extra-time to claim a fourth World Cup title and took over as captain when his then Bayern Munich team mate Philipp Lahm stood down after the 2014 tournament.

Exclusive: FBI probes hacking of Democratic congressional group - sources

Congressional candidates that are running for office watch a video while standing onstage at the Democratic National Convention in Philadelphia, PennsylvaniaBy Joseph Menn, Dustin Volz and Mark Hosenball SAN FRANCISCO/WASHINGTON (Reuters) - The FBI is investigating a cyber attack against another U.S. Democratic Party group, which may be related to an earlier hack against the Democratic National Committee, four people familiar with the matter told Reuters. The previously unreported incident at the Democratic Congressional Campaign Committee, or DCCC, and its potential ties to Russian hackers are likely to heighten accusations, so far unproven, that Moscow is trying to meddle in the U.S. presidential election campaign to help Republican nominee Donald Trump. The Kremlin denied involvement in the DCCC cyber-attack.



China banks in alliance to offer free online money transfers

A customer walks past the company logo of China CITIC Bank, at a branch in Hangzhou, Zhejiang province, ChinaSHANGHAI (Reuters) - Twelve Chinese commercial banks have signed an alliance allowing customers to transfer funds online and via mobile phones without being charged, state news agency Xinhua reported late on Thursday. The members of the alliance include China Citic Bank, China Merchants Bank and China Everbright Bank. The banks are hoping to attract more customers with the move, which is also aimed at helping lenders boost online security and combat fraud as they will be sharing information, Xinhua said. (Reporting by David Stanway; Editing by Edwina Gibbs)



Alphabet posts strong revenue on video market, stock surges

File photo of a woman holding her smart phone which displays the Google home page, in this picture illustrationAlphabet Inc, Google's parent, on Thursday revealed that efforts to push its vast advertising business toward mobile is paying off as second quarter earnings handily beat Wall Street's expectations. The results put to rest lingering concerns about how the rise of mobile might impact Google, which has a strong mobile presence with its Android smartphone operating system but has long relied on desktop search traffic to power its profits. Advertisers typically pay less for user clicks on mobile ads than on desktop ads, Google's traditional strength, but the strong earnings performance suggests that is beginning to change, said Colin Gillis, an analyst with BGC Partners.



Expedia revenue misses estimates, mulls listing for Trivago

The logo of global online travel brand Expedia is pictured at the International Tourism Trade Fair in Berlin(Reuters) - Expedia Inc reported lower-than-expected quarterly revenue due to higher promotions for its member loyalty program and discounts to promote new hotel listings, sending the company's shares down more than 6 percent in extended trading. Expedia, which owns a majority stake in Trivago, and the founders of the travel website have agreed to explore the feasibility of taking the business public, Expedia said. The world's largest online travel services company said its bookings in the latest quarter slowed due to the acquisition of rival Orbitz Worldwide Inc, "self-inflicted" wounds such as technology upgrades and the recent spate of attacks in Europe.



Among Democrats, another convention hums in Sanders fans' phones

Supporter of U.S. Senator Sanders holds placard at perimeter walls of 2016 Democratic National Convention in PhiladelphiaBy Jonathan Allen PHILADELPHIA (Reuters) - There is the Democratic convention unfolding onstage in Philadelphia this week, broadcast to millions on television. Then there is a second convention that exists largely hidden from public view in the smartphones of Bernie Sanders' delegates. Using various messaging apps and secret Facebook groups, many of the delegates pledged to the U.S. senator and runner-up in the party's presidential nomination contest have been coordinating among themselves in Philadelphia.



Amazon tops Wall Street targets, lifted by cloud revenue

Amazon boxes are seen stacked for delivery in the Manhattan borough of New York CityThe Seattle-based company is riding a wave of retail sales moving to the internet, and its Netflix-like video streaming is bringing new customers to its subscription Prime service, which in turn drives customers to spend more on Amazon. The cloud unit, Amazon Web Services, is the company's fastest-growing business and is regarded by analysts as the next driver of growth for the company. "They crushed estimates," said Michael Pachter, analyst at Wedbush Securities, as shares rose 2 percent after hours, in line to open on Friday at a record high.



Russia to U.S., Trump: Sort out your own pre-election hacking scandal

A lock icon, signifying an encrypted Internet connection, is seen on an Internet Explorer browser in ParisBy Andrew Osborn and Maria Tsvetkova MOSCOW (Reuters) - Russia told the United States on Thursday to get to the bottom of a hacking scandal involving Democratic Party emails itself and rejected what Donald Trump said was a sarcastic suggestion that Moscow should dig up Hillary Clinton's "missing" emails. Trump, the Republican Party's presidential candidate, angered Democrats on Wednesday by inviting Russia to unearth tens of thousands of emails from rival Clinton's tenure as U.S. secretary of state.



Facebook shares hit record high as it beats estimates again

A man poses with a magnifier in front of a Facebook logo on display in this illustration taken in SarajevoThe social networking giant beat market expectations for profit and revenue yet again in the latest quarter, pushing up its shares to a record high on Thursday and allowing it to overtake Warren Buffett's Berkshire Hathaway Inc as the fifth biggest U.S. company by market capitalization. Facebook's shares rose as much as 4 percent to $128.33, boosting its market value by $14 billion to $367 billion - enough to eclipse Berkshire's market cap of about $355 billion. At least 24 brokerages raised target prices on Facebook's stock, with a median target of $150.



Connecticut man charged with threatening Jews online
Kendall Sullivan, 50, of Stamford, was charged on Wednesday by a federal grand jury in Bridgeport, Connecticut, with three counts of making threatening communications online, each punishable by up to five years in prison. The defendant has been in custody since July 15, when he was charged in state court with unlawful possession of unregistered high-capacity magazines, the Justice Department said. On the same day, FBI agents and Stamford police seized more than two dozen firearms, hundreds of rounds of ammunition and other firearm components from his home, the department added.

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