Reuters Technology Report: May 21, 2015

Click to View in Browser Thursday, May 21, 2015 Canadian software maker Shopify valued at $2 billion in U.S. debut (Reuters) - Canadian e-commerce software maker Shopify Inc's shares rose as much as 69 percent in their U.S. debut, valuing the company at about $2.14 billion. HP profit beats Street on lower costs (Reuters) - Hewlett-Packard Co reported a quarterly profit above market estimates, pushing shares up 2 percent in after-market trading. Worldwide Chromebook sales set to reach 7.3 million units in 2015: Gartner (Reuters) - Market research firm Gartner Inc estimated 7.3 million Chromebooks would be sold this year, helped mainly by demand from the education industry. Russia warns Google, Twitter and Facebook on law violations MOSCOW/FRANKFURT (Reuters) - Russia's media watchdog has written to Google, Twitter and Facebook warning them against violating Russian Internet laws and a spokesman said on Thursday they risk being blocked if they do not comply with the rules. Hootsuite hints at moving up IPO timeline as Shopify shares soar VANCOUVER (Reuters) - Hootsuite, a provider of software to manage social media on a global scale and one of Canada's most valuable tech startups, hinted on Thursday it may move up its timeline on a initial public offering in light of the success of fellow Canadian startup Shopify. Alibaba-backed Baozun's shares seesaw in choppy debut (Reuters) - Shares of China's Baozun Inc, in which Alibaba holds a nearly 20 percent stake, traded erratically in their debut on Thursday, sending the e-commerce services company's valuation seesawing. Searching for the next Alibaba in India MUMBAI (Reuters) - Indian e-commerce firms are offering funding help and tech support to woo small retailers, emulating a strategy used by Chinese online retail giant Alibaba Group Holding Ltd to expand into the towns and villages home to the majority of consumers. Rocket Internet eyes IPOs for fashion, food groups: magazine FRANKFURT (Reuters) - German e-commerce investor Rocket Internet aims to list the shares in two of its holdings, Global Fashion Group and Global Online Takeaway Group, eight months after its own initial public share offer, monthly Manager Magazin said. Research group says UC Browser, owned by Alibaba, found to leak data SHANGHAI (Reuters) - A popular mobile web browser from a company that Alibaba Group Holding Ltd paid more than $1 billion for last year leaks sensitive user data and is a privacy risk, a Canadian technology research group said on Thursday. Carmakers team up with General Atlantic to bid for Nokia map firm: sources FRANKFURT (Reuters) - Germany's premium carmakers Mercedes, Audi and BMW have teamed up with private equity firm General Atlantic to increase their firepower to acquire Nokia's mapping unit HERE, according to two people familiar with the matter. Related Video Unmanned rocket blasts off from Cape Canaveral Young tech workers driving NYC real estate demand - Keenan Mediafile How about Hightail-ing it? On Twitter, dubious health claims from e-cigarette bots A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today A quick-fix on the day's news delivered when you want it. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2015 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook