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EU consumer authorities to take on Facebook, Google, Twitter

By Julia FiorettiBRUSSELS (Reuters) - European consumer protection authorities will ask social media companies Facebook Inc, Alphabet Inc and Twitter Inc to amend their terms of service within one...

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Judge approves $27 million driver settlement in Lyft lawsuit

By Heather SomervilleSAN FRANCISCO (Reuters) - A U.S. judge gave final approval on Thursday to a settlement agreement in a class-action lawsuit against Lyft Inc, ending a legal case that challenged the...

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Japan minister agrees to share Toshiba case information with U.S.: Kyodo

WASHINGTON (Reuters) - Japan's industry minister said on Thursday he had agreed with the U.S. energy and commerce secretaries to share information on developments involving Toshiba Corp and its...

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U.S. financial firms embrace cloud, 'fat fingers' notwithstanding

By Anna IrreraNEW YORK (Reuters) - Only two years ago, an outage similar to the one that struck Amazon's cloud services last month would have reinforced U.S. financial firms' view that shifting data...

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South Korea court reassigns Samsung chief's case amid questions about judge's...

By Se Young Lee and Joyce LeeSEOUL (Reuters) - A South Korean court said on Friday it has reassigned Samsung Group chief Jay Y. Lee's bribery trial to another judge, following questions about the...

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Apple says to add two more R&D centers in China

HONG KONG (Reuters) - Apple will set up two new research and development centers in Shanghai and Suzhou in China, it said in a statement in its Chinese website on Friday.Apple said it is adding the two...

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Baidu leads investment into green car start-up NextEV

SHANGHAI (Reuters) - Baidu Inc said on Friday it had led an investment round into green car start-up NextEV, as the Chinese search engine giant looks for new growth drivers and as competition heats up...

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Japan not considering support for Toshiba, sharing information with U.S.

TOKYO (Reuters) - The Japanese government said it was not considering steps to support embattled Toshiba Corp <6502.T> and will share information with Washington on developments involving the...

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China's Ant confident of closing MoneyGram deal: exec

By Cate CadellBEIJING (Reuters) - Ant Financial Services Group, the world's largest financial technology company, is confident of closing a deal for U.S. money-transfer firm MoneyGram International...

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Nokia's mobile networks head quits, to split business

HELSINKI (Reuters) - Nokia's head of mobile networks, the division which accounted for more than half of Finnish telecom network equipment maker's sales last year, is leaving the company.Nokia said on...

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UK to question Google after advertisements appear alongside extremist videos

LONDON (Reuters) - Britain on Friday will question executives from Google over why advertisements marketing the government's services were appearing alongside videos carrying hate speech and extremist...

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Tesla raises $1.2 billion, 20 percent more than planned

(Reuters) - Tesla Inc said on Friday it had raised about $1.2 billion, roughly 20 percent more than it had planned, by selling common shares and convertible debt, ahead of the launch of the crucial...

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Software maker MuleSoft shows promise of 'meat-and-potatoes' tech IPOs

By Heather Somerville and Sweta Singh(Reuters) - Software firm MuleSoft Inc kicked off what is expected to be a string of technology offerings from relatively obscure companies that sell business...

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Airbnb aims to double African customers this year

By Wendell RoelfCAPE TOWN (Reuters) - Airbnb expects to maintain its rapid growth in Africa this year and double its customer numbers to 1.5 million, its Chief Executive Brian Chesky and regional head...

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Canadian accused in Yahoo hack case a 'political scapegoat': lawyer

TORONTO (Reuters) - Karim Baratov, the 22-year-old Kazakh-Canadian dual citizen accused of involvement in a massive hack of Yahoo accounts that the United States says was orchestrated by Russian spies,...

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New Jersey pastor, Florida programer convicted of bitcoin exchange scheme

By Brendan Pierson(Reuters) - A New Jersey pastor and a Florida software engineer were convicted on Friday of scheming to help an illegal bitcoin exchange avoid having banks and regulators look into...

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G20 to jointly fight bank sector hacking

By Balazs KoranyiBADEN-BADEN, Germany (Reuters) - The world's biggest economies will pledge to jointly fight cyber attacks on the global banking system, one of the biggest coordinated efforts yet to...

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Canadian man charged in Yahoo hack loves fancy cars, parties

By Alastair SharpHAMILTON, Ontario (Reuters) - The Canadian charged in connection with a massive hack of Yahoo accounts that the United States says was a Russian plot is a young man who has boasted on...

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Porsche invests in tech services to offset possible sales decline

STUTTGART, Germany (Reuters) - Porsche will invest hundreds of millions of euros in digital services to generate the revenue needed to offset an expected decline in car sales in the coming years, its...

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USITC opens probe of graphics components in TVs, smartphones

WASHINGTON (Reuters) - The U.S. International Trade Commission said on Friday it had voted to open an investigation of certain graphics systems and components used in televisions, smartphones, tablets...

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