Technology
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Slack makes push for developers as competition intensifies
[ad_1] SAN FRANCISCO (Reuters) – Slack Technologies Inc on Wednesday showcased new tools designed to make it easier for developers to build apps for the company’s workplace collaboration software. The developer conference was part of…
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Facebook in talks with publishers on supporting subscription models
[ad_1] (Reuters) – Facebook Inc is in early talks with several news publishers about how its social media site can better support subscription business models, the company’s head of news partnerships, Campbell Brown, said in…
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Bank of England opens up payments systems to spur fintech
[ad_1] LONDON (Reuters) – The Bank of England has widened access to Britain’s interbank payments system to increase competition from new fintech firms in the financial system, where the “Big Four” high street banks have…
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GM joins other carmakers investing in self-driving startup Nauto
[ad_1] (Reuters) – General Motors Co (GM.N) and Japan’s Softbank Group Corp (9984.T) are among the latest investors in Nauto, a Silicon Valley startup developing software for self-driving vehicles. Nauto, based in Palo Alto, said…
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Silicon Valley mostly quiet in internet surveillance debate in Congress
[ad_1] WASHINGTON (Reuters) – Facebook Inc, Alphabet Inc’s Google, Apple Inc and other major technology firms are largely absent from a debate over the renewal of a broad U.S. internet surveillance law, weakening prospects for…
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Cyber startup StackRox raises $14 million in round led by Sequoia
[ad_1] (Reuters) – Cyber-security startup StackRox said on Tuesday it has raised $14 million in a Series A funding round led by Sequoia Capital, providing the three-year old company with funds to use for product…
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Indian e-commerce firm Flipkart lifts bid for rival Snapdeal to up to $950 million
[ad_1] MUMBAI (Reuters) – Indian e-commerce player Flipkart has sweetened its buyout offer for smaller rival Snapdeal to between $900 million and $950 million, two people familiar with the negotiations said, adding that the new…
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Netflix's subscriber growth beats on strong original shows
[ad_1] (Reuters) – Netflix Inc (NFLX.O) added more U.S. and international subscribers than expected in the second quarter as new original shows such as “13 Reasons Why” as well as the latest season of hit…
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UAE minister denies any hacking of Qatar
[ad_1] LONDON (Reuters) – The United Arab Emirates was not responsible for an alleged hack of Qatari websites which helped spark a month-long diplomatic rift with Doha, the UAE’s minister of state for foreign affairs…
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Message service Telegram to shut some public channels after Indonesia ban
[ad_1] JAKARTA (Reuters) – Encrypted messaging service Telegram will shut down “terrorist-related” public channels, its founder said on Sunday, after Indonesia’s government blocked access to the platform citing security concerns. Indonesia, home to the world’s…
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Carlyle to buy airfield lighting group ADB Safegate: sources
[ad_1] LONDON/FRANKFURT (Reuters) – Buyout group Carlyle has agreed to buy airfield lighting group ADB Safegate at a valuation of about 900 million euros ($1 billion) including debt, sources familiar with the matter said. Belgium-based…
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Italy minister says row with Telecom Italia boss is over
[ad_1] ROME (Reuters) – A spat between Rome and Telecom Italia’s (TIM) chief executive over the rollout of ultrafast broadband has been resolved, Italian industry minister Carlo Calenda said in an interview published on Saturday.…
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GM teams up with Uber to expand Maven program to Australia
[ad_1] SYDNEY (Reuters) – General Motors Co (GM.N) said on Saturday it was testing its car-sharing operation, Maven, in Australia through a pilot program with ride-hailing company Uber Technologies Inc [UBER.UL]. The leasing agreement will…
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Greenlight Capital takes stake in Toshiba, says its funds fell 4 percent in second quarter
[ad_1] (Reuters) – Hedge fund Greenlight Capital said on Friday that it had added a stake in Toshiba Corp as it expects the stock to rise once the Japanese company resolves uncertainties around its bankrupt…
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Ashley Madison parent in $11.2 million settlement over data breach
[ad_1] (Reuters) – The owner of the Ashley Madison adultery website said on Friday it will pay $11.2 million to settle U.S. litigation brought on behalf of roughly 37 million users whose personal details were…
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Buffett, Malone explore investment in Sprint: sources
[ad_1] (Reuters) – Warren Buffett’s Berkshire Hathaway Inc and John Malone’s Liberty Media Corp are exploring an investment of between $10 billion and $20 billion in U.S. wireless carrier Sprint Corp, people familiar with the…
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Calls for law change after Indians left in dark over data leaks
[ad_1] MUMBAI (Reuters) – Fears Indian telecom upstart Reliance Jio suffered a major data breach, compromising the personal data of over 100 million customers, have prompted calls for India to adopt more robust laws to…
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AT&T planning organizational changes, including new role for CEO: Bloomberg
[ad_1] (Reuters) – Broadband provider AT&T Inc (T.N) is planning a redefined role for Chief Executive Randall Stephenson amid major organizational changes following its $85.4 billion acquisition of Time Warner Inc (TWX.N), Bloomberg reported on…
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Music streamer SoundCloud has cash until fourth quarter after layoffs
[ad_1] FRANKFURT (Reuters) – SoundCloud, the world’s biggest music-streaming service, is still struggling to find a business model – it now has enough cash to last until fourth quarter, after laying off 40 percent of…
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Foreign automakers call on China to soften electric car quotas
[ad_1] FRANKFURT (Reuters) – Global automakers have urged China to delay and soften planned quotas for sales of electric and hybrid cars, saying the current proposals are impossible to meet and would cause big disruption…
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Telecoms group Altice to launch online bank in Europe by early 2019: source
[ad_1] PARIS (Reuters) – French billionaire Patrick Drahi plans to launch an online bank by spring 2019 across the euro zone countries where his telecoms group Altice operates, a source close to the matter said…
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German military aviation command launches cyber threat initiative
[ad_1] BERLIN (Reuters) – The German military’s aviation safety chief has launched a new initiative against cyber threats, citing research that he said shows hackers can commandeer military airplanes with the help of equipment that…
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Swiss private bank Falcon introduces bitcoin asset management
[ad_1] ZURICH (Reuters) – Wealthy clients of Swiss private bank Falcon will be able to store and trade bitcoins via their cash holdings with the bank from Wednesday, a move that signals the traction the…
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Kaspersky Lab complains it has been drawn into U.S.-Russia geopolitical game: RIA
[ad_1] MOSCOW Russian cyber security firm Kaspersky Lab said on Wednesday it had fallen victim to geopolitical sparring between Russia and the United States, but said it was ready to respond to any questions from…
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Streaming TV apps grapple with password sharing
[ad_1] By Lisa Richwine and Jessica Toonkel More than one-fifth of young adults who stream shows like “Game of Thrones” or “Stranger Things” borrow passwords from people who do not live with them, according to…
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Around 40 percent of Americans were harassed online: survey
[ad_1] By Angela Moon | NEW YORK NEW YORK Roughly four-in-ten Americans have personally experienced online harassment, most commonly on social media platforms such as Facebook and Twitter, according to a Pew Research Center survey…
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Amazon wins India's approval to invest in domestic food retail
[ad_1] By Sankalp Phartiyal | MUMBAI MUMBAI Online retail giant Amazon.com Inc has secured approval to stock and sell food and groceries in India, potentially expanding its business in the fast-growing economy where it is…
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Amazon up ahead of Prime Day, new service hits Best Buy
[ad_1] By Rodrigo Campos and Jeffrey Dastin | NEW YORK NEW YORK Amazon.com (AMZN.O) shares rose on Monday ahead of the world’s largest online retailer’s own version of Black Friday, while its new service to…
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Musk tweets pictures of first Model 3 to roll off the line
[ad_1] Tesla Inc (TSLA.O) Chief Executive Elon Musk on Sunday tweeted pictures of the first Model 3 sedan to roll off the assembly line. Tesla board member Ira Ehrenpreis was the first to put down…
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India telecom operator Reliance Jio investigating claims of alleged data breach
[ad_1] MUMBAI India’s Reliance Jio said on Monday it was investigating claims that personal data of over 100 million of its customers had leaked onto a website, in what may be the first ever large-scale…