Exclusive: China’s Lufax targets $2 billion in fresh funding amid IPO delay – sources

HONG KONG (Reuters/IFR) – China’s Lufax aims to raise up to $2 billion in fresh funding, valuing one of the country’s largest online wealth management platforms at $40 billion, as it opts for private investment ahead of a delayed listing, said people familiar with the deal.

Online retailer Boohoo makes strong start to its new year

LONDON (Reuters) – British online retailer Boohoo said its combination of fast fashion at low prices had got the group off to a strong start to the year, confirming its position as one of the winners in a brutal retail market.

Myanmar hardline monks vow to stay on Facebook despite ban

YANGON (Reuters) – Myanmar’s hardline monks will dodge bans on Facebook and keep using it to “tell the truth”, they said on Friday, after the social media giant barred several Buddhist nationalists for hate messages targeting Rohingya Muslims.

China hacked sensitive U.S. Navy undersea warfare plans: Washington Post

WASHINGTON (Reuters) – Chinese government hackers compromised the computers of a U.S. Navy contractor and stole a large amount of highly sensitive data on undersea warfare, including plans for a supersonic anti-ship missile for use on U.S. submarines, the Washington Post reported on Friday, citing unnamed U.S. officials.

Security breach at MyHeritage website leaks details of over 92 million users

(Reuters) – A security breach at family networking and genealogy website MyHeritage leaked the data of over 92 million users, the company said in a blog posted on Monday.

Johnston Press shares hit record low as new data rules bite

(Reuters) – British regional newspaper publisher Johnston Press Plc said European changes to data privacy rules were hitting its online advertising revenue, hammering its shares and threatening the one area of reliable growth for the industry.

Facebook fan page operator has privacy responsibilities: EU court

LUXEMBOURG (Reuters) – The operator of a fan page on Facebook is also responsible for protecting visitors’ personal data and cannot hide behind the social network, the European Union’s highest court ruled on Tuesday.

FX settlement provider CLS invests in blockchain consortium R3

NEW YORK (Reuters) – Foreign exchange settlement provider CLS has invested $5 million in R3, the New York-based blockchain startup, CLS and R3 told Reuters on Wednesday.