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UK chip designer ARM buys Apical for $350 million

LONDON (Reuters) - Britain's ARM Holdings , the provider of technology for the iPhone, has bolstered its exposure to the developing market of embedded computer vision with the purchase of Apical for...

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Microsoft to sell feature phone business to Foxconn subsidiary, HMD Global

(Reuters) - Microsoft Corp said it is selling its entry-level feature phone assets to FIH Mobile Ltd and HMD Global Oy for $350 million.FIH Mobile, a subsidiary of Hon Hai/Foxconn Technology Co Ltd...

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HK regulator says Alibaba broke takeover rules with 'special deal'

By Elzio BarretoHONG KONG (Reuters) - Hong Kong's securities regulator said that Chinese e-commerce giant Alibaba Group Holding Ltd breached takeover rules in the purchase of a healthcare firm in 2014...

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Slovenia investigates foreigner over failed Vietnam cyber-heist

LJUBLJANA (Reuters) - Slovenian police said on Wednesday they were investigating a foreigner over an attempted cyber-heist in which criminals unsuccessfully tried to send money from a Vietnamese bank...

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Bangladesh asks SWIFT to give access to technicians on cyber heist

By Krishna N. Das and Serajul QuadirDHAKA (Reuters) - Bangladesh has asked SWIFT to help its police question technicians sent by the global financial network to Dhaka to connect a new bank transaction...

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Virtual reality films comes to Cannes, Spielberg sounds warning

By Matt GooderickCANNES, France (Reuters) - Virtual reality movie-making is taking flight at this year's Cannes Film Festival alongside traditional film offerings.A pavilion is dedicated to the...

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New Fitbit bands may soon double up as mobile wallets

By Narottam Medhora(Reuters) - Fitbit users could soon make payments with a flick of the wrist, as the maker of the simple yet hugely popular fitness bands races to pack in more features in its...

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BMW's i3 electric vehicle can suddenly lose power: U.S. lawsuit

By Jonathan Stempel(Reuters) - A U.S. owner of a BMW i3 has filed a lawsuit claiming that the German automaker's electric vehicle can experience a sudden loss of power when a feature designed to nearly...

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Sabotage of telecoms masts reignite Swedish security fears

By Martin LindstamSTOCKHOLM (Reuters) - The mysterious suspected sabotage of three telecommunications masts, key parts of Sweden's infrastructure, has reignited fears of foreign spies and the readiness...

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Facebook's Zuckerberg meets U.S. conservatives over bias controversy

By Lisa Richwine and Dustin Volz(Reuters) - Facebook Chief Executive Mark Zuckerberg heard from more than a dozen U.S. conservative leaders on Wednesday and said he will work to build trust with users...

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Google doubles down on artificial intelligence with Home and Allo

By Deborah M. ToddMOUNTAIN VIEW, California (Reuters) - Alphabet's Google Inc unveiled its answer to Amazon's Alexa virtual assistant along with new messaging and virtual reality products at its annual...

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Netflix launches website for internet speed test

(Reuters) - Netflix Inc said on Wednesday that it had launched a website to check the speed of a mobile or broadband internet connection.The service, called fast.com, works like other internet...

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Exclusive: UK banks ordered to review cyber security after SWIFT heist

By Andrew MacAskill and Jim FinkleLONDON (Reuters) - The Bank of England ordered UK banks to detail steps taken to secure computers connected to the SWIFT bank messaging network about two months after...

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Android's 'n-word' poll sparks online jeers

By Amy Tennery(Reuters) - Google's Android ran afoul of social media users on Wednesday after encouraging people to nominate a word starting with the letter "N" for the latest version of its mobile...

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Cisco's forecast tops Wall Street estimates; shares rise

By Rishika Sadam(Reuters) - Network equipment maker Cisco Systems Inc reported better-than-expected results and gave an upbeat forecast for the current quarter, sending its shares up about 7 percent in...

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LinkedIn invalidates millions of potentially compromised passwords

(Reuters) - A 2012 LinkedIn data theft may have affected far more users than originally thought, the professional networking site said on Wednesday.LinkedIn said in a statement that it was working to...

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House lifts block on Google-hosted apps, Yahoo Mail remains blacklisted

By Dustin VolzWASHINGTON (Reuters) - The U.S. House of Representatives' information technology team this week reinstated access on its internet network to software applications hosted on a Google cloud...

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Samsung Elec, Alibaba to team up on mobile payment systems: media

SEOUL (Reuters) - Samsung Electronics and Alibaba Group Holding plan to announce a collaboration on mobile payment systems on Friday, South Korean media reported. Under the tie-up, Samsung Electronics...

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Hong Kong launches fresh plan to fortify cyber security after SWIFT heist

HONG KONG (Reuters) - Hong Kong's central bank has a launched a new program to strengthen lenders' ability to protect their critical technology systems after recent attacks by unidentified groups on a...

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India's Tata Comms to sell stake in data center to ST Telemedia for $630...

MUMBAI (Reuters) - India's Tata Communications Ltd is selling a 74 percent stake in its data center business to Singapore-based ST Telemedia for about $630 million including debt, the company said on...

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