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Sabre hires Mandiant to probe breach in hotel reservation system

(Reuters) - Sabre Corp said on Tuesday there had been a breach in its hospitality unit's hotel reservation system and had hired FireEye Inc's Mandiant forensics division to probe the incident."The...

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Nokia plans to sell its undersea cables division: sources

By Gwénaëlle Barzic and Mathieu RosemainPARIS (Reuters) - Finland's Nokia plans to sell its undersea cables unit, a business that underpins the global Internet, two union sources and a French...

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Germany sees rise in cybercrime, but reporting rates still low

By Andrea ShalalBERLIN (Reuters) - Cybercrime is expanding at a rapid rate in Germany, one of the most digitally advanced countries in the world, but the vast majority of attacks against individuals...

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Fitbit blazes past its revenue forecast, shares rise

(Reuters) - Wearable device maker Fitbit Inc reported quarterly revenue above its own forecast, and said launches planned for this year were on track, sending the company's shares up 7.2 percent in...

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Facebook shares dip from high as investors fret over costs, future profit

By Rishika Sadam and David Ingram(Reuters) - Facebook Inc reported surging quarterly profit and revenue on Wednesday, helped by its fast-growing mobile ad business, but its shares dipped from a record...

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Tesla plugs older Model S as new buyers turn to Model 3

By Alexandria SageSAN FRANCISCO (Reuters) - Electric-car maker Tesla Inc on Wednesday reported first-quarter revenue that more than doubled, and while saying the upcoming Model 3 was on schedule for...

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Spam campaign targets Google users with malicious link

By Jim Finkle and Alastair Sharp(Reuters) - Alphabet Inc warned its users to beware of emails from known contacts asking them to click on a link to Google Docs after a large number of people turned to...

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Dubai firm looks to raise $500 million via digital tokens for new payments...

By Gertrude Chavez-DreyfussNEW YORK (Reuters) - OneGram, a Dubai technology firm, has launched the first-ever digital currency backed by gold in an initial offering expected to raise more than $500...

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Apple to create $1 billion U.S. advanced manufacturing fund

By Stephen NellisSAN FRANCISCO (Reuters) - Apple Inc plans to create a $1 billion fund to invest in U.S. companies that perform advanced manufacturing, Chief Executive Officer Tim Cook said on...

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WhatsApp back online after global outage of 'a few hours'

(Reuters) - WhatsApp, a popular messaging service owned by Facebook Inc, suffered a widespread global outage on Wednesday that lasted for several hours before being resolved, the company said."Earlier...

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Imagination Tech starts dispute process with Apple

LONDON (Reuters) - Imagination Technologies said it had started a "dispute resolution procedure" with Apple, its biggest customer, after failing to resolve a standoff over licensing between the two...

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Infineon second-quarter oper profit slightly below expectations

By Harro Ten WoldeFRANKFURT (Reuters) - German chipmaker Infineon on Thursday stuck with its full-year guidance, which it raised in March, after reporting slightly weaker-than-expected quarterly...

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Faurecia, ZF partner to develop 'cockpit of the future' for self-driving cars

(Reuters) - French car parts supplier Faurecia said it signed a partnership agreement with German company ZF to develop interior and safety technologies for self-driving cars, dubbing it the "cockpit...

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Infosys plays down cost concerns from U.S. hiring plan

By Sankalp Phartiyal and Euan RochaMUMBAI (Reuters) - Infosys said its plans to hire thousands of workers in the United States would enable faster deployment of staff in areas such as big data and...

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Google to pay $334 million to settle Italian tax dispute

MILAN (Reuters) - Alphabet Inc's Google has agreed to pay 306 million euros ($334 million) to settle a tax dispute with Italy, the company and the country's tax authority said on Thursday.Last year...

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South African video streaming firm to compete with Showmax, Netflix

JOHANNESBURG (Reuters) - South Africa's Discover Digital, hoping to capitalize on the rapid uptake of smartphones and improving telecommunications infrastructure on the continent, is starting a video...

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Alexa: where is Amazon opening a new R&D center? Cambridge, England

LONDON (Reuters) - Amazon plans to open a new center in the university city of Cambridge for scientists developing technologies including the Alexa digital assistant used in its Echo speakers.Able to...

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McLaren offer F1 simulator role for virtual racer

By Alan BaldwinLONDON (Reuters) - The McLaren Formula One team launched a virtual racing competition on Thursday with a real job as a simulator driver as the prize.The former world champions, who are...

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U.S. credit agencies test Canadian blockchain identity network

By Solarina HoTORONTO (Reuters) - U.s. consumer credit reporting agencies Equifax and TransUnion say they have joined trials of an experimental Canadian identity network to facilitate sharing of...

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Tesla in talks to resolve issues with legacy Grohmann clients

FRANKFURT (Reuters) - Tesla Inc said it is seeking to resolve outstanding issues with legacy customers of its Grohmann engineering unit after a takeover by the Silicon Valley-based carmaker resulted in...

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