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May, 31, 2016

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In 2011, a respected anti-counterfeiting coalition in Washington escalated its fight against the mainland Chinese e-commerce giant Alibaba, saying that its websites served as a 24-hour market "for counterfeiters and pirates" and should be blacklisted.
 
Microsoft and Facebook on Thursday announced they will work together to lay a high-speed internet cable across the bottom of the Atlantic Ocean.
 
French police said Thursday they had raided the French headquarters of McDonald's and seized documents last week as part of an investigation into tax fraud.
 
Facebook has become an important news source for close to half of American adults, a study showed Thursday amid increased scrutiny over the social network's gateway role.
 
Shares in the lighting division of Dutch electronics giant Philips have soared, early on their first day of trading on the Amsterdam exchange.
 
Sony Interactive Entertainment announced Thursday that PlayStation 4 sales hit 40 million units, being snapped up at a record-setting pace.
 
New York transport hub opens
People walk the length of the World Trade Center Transportation Hub in New York, Thursday, May 26. The interior plaza of the Oculus, as it is called, is now fully open.
 
France's Alstom has filed a breach of contract suit against General Electric rooted in a dispute focused on Alstom's agreement to buy GE's rail signaling business two years ago, the companies confirmed Thursday.
 
U.S. auto giant General Motors (GM) will recall more than two million vehicles produced through a joint venture in mainland China because of an engine component flaw, the firm and officials said.
 
Cabela's said it plans to outsource the design work for its catalog and advertising, but the outdoor gear seller says the move wasn't triggered by its ongoing strategic review.
 
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