Technology
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Netflix forecast misses Wall Street view, shares dip
(Reuters) – Netflix Inc (NFLX.O) reported revenue and a first-quarter forecast slightly below Wall Street estimates on Thursday, sending shares of the world’s largest streaming service down 4 percent in after-hours trading. FILE PHOTO: The…
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Fossil to sell smartwatch technology worth $40 million to Google, shares rise
FILE PHOTO: Fossil hybrid smartwatches are pictured during the preview day of the IFA trade show for consumer electronics and home appliances, in Berlin, Germany August 30, 2018. REUTERS/Christian Mang (Reuters) – Fossil Group Inc…
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Chinese envoy to Canada warns against any future Huawei 5G ban
FILE PHOTO: China’s Ambassador to Canada Lu Shaye delivers a speech during the Belt and Road Initiative (BRI) Conference at Carleton University in Ottawa, Ontario, Canada, December 14, 2018. REUTERS/Chris Wattie/File Photo OTTAWA (Reuters) –…
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Germany’s BDI on Huawei: No vendor should be excluded from 5G without evidence
FILE PHOTO: The Huawei logo is seen during the Mobile World Congress in Barcelona, Spain, February 26, 2018. REUTERS/Yves Herman/File Photo BERLIN (Reuters) – No vendors should be excluded from Germany’s fifth-generation mobile networks if…
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U.S. lawmakers introduce bipartisan bills targeting China’s Huawei and ZTE
FILE PHOTO: The Huawei logo is pictured outside their research facility in Ottawa, Ontario, Canada, December 6, 2018. REUTERS/Chris Wattie WASHINGTON (Reuters) – A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would…
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IAC sues Tinder co-founder, escalating fight over valuation
FILE PHOTO: Sean Rad, CEO of Tinder, is seen during celebrations for Match Group’s IPO at the NASDAQ stock exchange, New York November 20, 2015. REUTERS/Lucas Jackson (Reuters) – Online dating company Match Group Inc…
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Huawei founder says firm does not spy for China
SHANGHAI (Reuters) – Huawei’s [HWT.UL] founder Ren Zhengfei on Tuesday rejected claims his company is used by the Chinese government to spy and said he missed his daughter, who is being held by Canadian authorities,…
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Verizon deepens ties with Apple, offers free Apple Music to some U.S. customers
FILE PHOTO: An Apple company logo is seen behind tree branches outside an Apple store in Beijing, China December 14, 2018. REUTERS/Jason Lee/File Photo (Reuters) – Verizon Communications Inc (VZ.N) said on Tuesday it will…
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Netflix raises prices for U.S. subscribers
FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson (Reuters) – Netflix Inc said on Tuesday it had raised prices for its U.S.…
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TD Ameritrade taps Apple Pay for instant fund transfers to accounts
(Reuters) – Brokerage firm TD Ameritrade Holding Corp is tapping Apple Inc to help solve a problem that has lingered for decades: how to get money into a brokerage account and make it available to…
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Liberty Latin America in bid to acquire Millicom
NEW YORK/FRANKFURT (Reuters) – Liberty Latin America Ltd (LILA.O), a wireless and cable operator in South America and the Caribbean, has approached peer Millicom International Cellular SA TIGOsdb.ST with an acquisition offer, Millicom said on…
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U.S. proposes to allow expanded drones operation at night, over people
(Reuters) – The Trump administration proposed on Monday rules that would allow drones to operate over populated areas and end a requirement for special permits for night use – long-awaited moves that are expected to…
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India’s electric vehicle goals being realized on two wheels, not four
GOVE/NEW DELHI (Reuters) – Hurt by high fuel prices, Vinod Gore, a farmer in Gove village in the western Indian state of Maharashtra, ditched his petrol scooter for an electric model, underlining how two-wheelers are…
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Samsung to launch India-first smartphones to counter Chinese rivals
MUMBAI (Reuters) – Samsung (005930.KS) plans to launch a budget smartphone series in India ahead of a global release, aiming to regain ground ceded to Chinese rivals such as Xiaomi (1810.HK) in the world’s second-biggest…
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German antitrust watchdog to act against Facebook: report
FILE PHOTO: Silhouettes of mobile users are seen next to a screen projection of Facebook logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration/File Photo BERLIN (Reuters) – Germany’s antitrust watchdog plans to…
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India’s online sellers to appeal against competition commission’s Flipkart ruling
The logo of Flipkart is seen on the company’s office in Bengaluru, India, May 9, 2018. REUTERS/Abhishek N. Chinnappa MUMBAI (Reuters) – A group representing online sellers in India will appeal against the Competition Commision…
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SpaceX to layoff 10 percent of workforce
(Reuters) – Elon Musk’s rocket company SpaceX will reduce its workforce by about 10 percent of the company’s more than 6,000 employees, it said on Friday. FILE PHOTO: The SpaceX headquarters is shown in Hawthorne,…
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Apple demanded $1 billion for chance to win iPhone: Qualcomm CEO
SAN JOSE, California (Reuters) – Qualcomm sought to become the sole supplier of modem chips for Apple’s iPhone to recoup a $1-billion “incentive payment” that Apple insisted on, not to block rivals from the market,…
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Apple considered Samsung, MediaTek to supply 5G modems for 2019 iPhones
FILE PHOTO: A chef walks past an Apple store in Beijing, China January 7, 2019. REUTERS/Thomas Peter (Reuters) – Apple Inc considered tapping Samsung Electronics Co Ltd and MediaTek Inc along with existing vendor Intel…
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Alphabet board sued on allegations of sexual misconduct cover-up
SAN FRANCISCO (Reuters) – Two shareholder lawsuits filed this week accused the board of Google parent Alphabet Inc of playing a direct role in covering up sexual misconduct claims against two former executives over the…
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Slack ‘seriously’ considering direct market listing: source
FILE PHOTO: The Slack app logo is seen on a smartphone in this picture illustration taken September 15, 2017. REUTERS/Dado Ruvic/Illustration (Reuters) – Slack Technologies Inc is “seriously” considering making its stock exchange debut through…
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Slack planning to pursue direct listing: WSJ
FILE PHOTO: The Slack app logo is seen on a smartphone in this picture illustration taken September 15, 2017. REUTERS/Dado Ruvic/Illustration (Reuters) – Slack Technologies Inc is planning to go public through a direct listing,…
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Exclusive: GM’s Cadillac will introduce EV in fight against Tesla – sources
WASHINGTON (Reuters) – Cadillac is expected to become General Motors Co’s (GM.N) lead electric vehicle brand as the largest U.S. automaker gears up to introduce a new model under that luxury marquee to challenge Tesla…
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Investors question Amazon’s future after Bezos announces divorce
NEW YORK (Reuters) – Amazon.com Inc (AMZN.O) shares see-sawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the most valuable company on Wall Street…
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Google can limit right to be forgotten to EU: adviser to top court
LUXEMBOURG (Reuters) – Google and other search engines can limit the “right to be forgotten” to the European Union, an adviser to the bloc’s top court said on Thursday, in a case that has important…
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Alibaba buys German data analysis start-up
The logo of Alibaba Group is seen inside DingTalk office, an offshoot of Alibaba Group Holding Ltd, in Hangzhou, Zhejiang province, China July 20, 2018. Picture taken July 20, 2018. REUTERS/Aly Song BERLIN (Reuters) –…
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Tesla sued for passenger death due to defective battery
(Reuters) – Chicago law firm Corboy & Demetrio said on Tuesday it filed a lawsuit against electric carmaker Tesla Inc (TSLA.O) alleging that its 2014 Model S sedan had a defective battery pack that caused…
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Move aside, backseat driver! New tech at CES monitors you inside car
LAS VEGAS (Reuters) – As vehicles get smarter, your car will be keeping eyes on you. Occupants, inside a car, are seen on a monitor using technology by Silicon Valley company Eyeris, which uses cameras…
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Apple cuts first-quarter production plan for new iPhones by 10 percent: Nikkei
FILE PHOTO: People look at iPhones at the World Trade Center Apple Store during a Black Friday sales event in Manhattan, New York City, U.S., Nov. 23, 2018. REUTERS/Andrew Kelly/File Photo (Reuters) – Apple Inc…
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Verizon adds more phone subscribers than expected in fourth quarter
FILE PHOTO: The Verizon logo is seen on the side of a truck in New York City, U.S., October 13, 2016. REUTERS/Brendan McDermid (Reuters) – Verizon Communications Inc on Tuesday beat Wall Street estimates for…