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(Reuters) - Alibaba Group Holding Ltd said it was being investigated by the U.S. Securities and Exchange Commission over whether the Chinese e-commerce company's accounting practices violated any federal laws. more...


By Julia Fioretti BRUSSELS (Reuters) - The European Commission will check on whether it should do more to curb possible unfair practices in the terms of use set by web platforms such as Google, Amazon and Apple Inc's App Store. The Commission also published proposals on Wednesday to make online shopping across borders easier. more...


By Julia Fioretti BRUSSELS (Reuters) - Online retailers would be banned from stopping a customer in one EU country buying from a website based in another, under a proposal issued on Wednesday to make it easier for consumers to shop across the bloc. The European Commission said its law would stop "geoblocking" where companies limit access to their websites based on user location, often forcing customers to use versions based in their own country, sometimes with higher prices. "In the online world, all too often consumers are blocked from accessing offers in other countries," the Commission said in a statement. more...


(Reuters) - Hewlett Packard Enterprise Co said it would spin off and merge its struggling IT services business with Computer Sciences Corp, allowing the company to focus on its cloud services business and other fast-growing units. Shares of Hewlett Packard Enterprise, formed after Hewlett-Packard Co formally split in November, rose 10.5 percent in extended trading on Tuesday. Falls Church, Virginia-based Computer Sciences' shares jumped 19.5 percent to $42.60. more...


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