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Supply chain problems to slow Adidas’ sales growth

HERZOGENAURACH, Germany (Reuters) – Adidas expects supply chain issues to curb sales growth in the first half of the year, particularly in North America, where it has doubled its business in the last three years to take market share from bigger rival Nike.

Facebook restores services after global outage

(Reuters) – Facebook Inc said on Thursday it had restored service to its main app and Instagram, after the world’s largest social network suffered a major outage that frustrated users across the globe for about 24 hours.

Facebook product chief Cox to exit as focus shifts to messaging

SAN FRANCISCO (Reuters) – Facebook Inc’s chief product officer and one of its earliest employees, Chris Cox, said on Thursday he is leaving the company just days after Chief Executive Mark Zuckerberg revealed a plan to transform the world’s biggest social network into an encryption-focused messaging company.