LVMH Faces Maximum Fine in Hermès Row

Photo: Enoch Lau

PARIS, France — French market regulator AMF said on Friday it was requesting to fine luxury group LVMH 10 million euros, the maximum sanction that can be proposed, in a probe into the build-up of LVMH's initial 17 percent stake in rival Hermès.

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Mary Meeker’s Annual Internet Trends Report Highlights Mobile Momentum, Wearables and Digital China

Mary Meeker | Source: Kleiner Perkins Caufield & Byers

RANCHO PALOS VERDES, United States — Mary Meeker has attained almost legendary status for her annual Internet Trends reports. Yesterday, the former Wall Street technology analyst, now a general partner at venture capital firm Kleiner Perkins Caufield & Byers, published her latest report on the state of the web, covering aggressive momentum in mobile, the rapid emergence of new technology platforms, including wearable computing, and

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