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Facebook gets initial approval to set up local unit in Indonesia: source



JAKARTA (Reuters) - Facebook Inc has received an in-principle approval to set up a domestic unit in Indonesia, said a senior government source from the Southeast Asian nation, home to the social networking giant's fourth-largest user base.


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Snap pops 9 percent after winning second ‘buy’ recommendation SAN FRANCISCO (Reuters) - Shares of Snap Inc jumped 9 percent on Wednesday after the owner of messaging app Snapchat received a second analyst "buy...
Robotics startup ZMP partners with Tokyo taxi firm for 2020 self-driving car plans TOKYO (Reuters) - Japanese robotics maker ZMP Inc has partnered with a taxi operator in Tokyo, as part of its plans to launch a self-driving taxi in...
Sony expects 73.2 percent annual profit jump as it recovers from quake damage TOKYO (Reuters) - Sony Corp said on Friday it expects operating profit to rise 73.2 percent in the financial year through March 2018 as its cash-cow...

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