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Bank of Canada studies payments system using tech behind bitcoin

By Ethan Lou and Leah SchnurrTORONTO/OTTAWA (Reuters) - The Bank of Canada is experimenting with a payments system based on the technology behind the bitcoin virtual currency, the central bank said on...

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Nearly a year on, Mexico City Uber regulation stuck in neutral

By Noe TorresMEXICO CITY (Reuters) - A Mexico City government fund aimed at collecting 1.5 percent of revenue from car-hailing services such as Uber has still not been created, nearly a year after the...

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Siemens, Gamesa to form world's largest wind farm business

By Jose Elías RodríguezMADRID/FRANKFURT (Reuters) - Siemens and Spain's Gamesa agreed on Friday to create the world's biggest builder of windfarms, with the German company paying 1 billion euros ($1.13...

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Oracle's cloud strength boosts quarterly revenue

(Reuters) - Business software maker Oracle Corp reported a higher-than-expected quarterly revenue as sales in its cloud business surged due to more customers.Shares of the Redwood City,...

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Sweden tests blockchain technology for land registry

By Gertrude Chavez-DreyfussNEW YORK (Reuters) - Sweden is conducting tests to put the country's land registry system on blockchain, the underlying technology supporting the digital currency bitcoin,...

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Sun-powered phone charger gives migrants in Greece free electricity

By Karolina Tagaris LESBOS, Greece (Reuters) - For refugees and migrants stuck in Greece, a smartphone is a lifeline -- as long as its battery lasts.But access to electricity can be hard to find in...

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U.S. corruption probe puts renewed pressure on Ericsson

STOCKHOLM (Reuters) - Ericsson said on Friday it was cooperating with U.S. authorities in an inquiry over possible corruption dating back three years, adding to the pressure on the chief executive of...

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Investors back rivals Uber and Didi, raising eyebrows

By Heather SomervilleSAN FRANCISCO (Reuters) - Ride-hailing companies Uber and Didi have brought many new dimensions to the startup industry, such as making billion-dollar-plus funding rounds...

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LG Electronics sells mosquito-repelling TV in India

By Nataly PakSEOUL (Reuters) - The Indian arm of South Korea's LG Electronics Inc has begun selling a TV with a feature that it says repels mosquitoes, which can spread diseases such as malaria, Zika...

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Dish drops NFL Network, NFL RedZone amid fee dispute

By Malathi Nayak(Reuters) - Satellite TV operator Dish Network Corp blacked out the National Football League-owned sports channels, NFL Network and NFL RedZone, the first time the league has been...

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Apple says iPhones still available for sale in China: CNBC

(Reuters) - Apple Inc said its iPhone 6 and 6 Plus were still available for sale in China after Beijing's intellectual property regulators barred their sales saying the designs had infringed a patent...

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Texas lawsuit seeks to overturn Austin fingerprint rule for Uber drivers

By Jon HerskovitzAUSTIN, Texas (Reuters) - An Austin City council member who is a strong supporter of ride-hailing companies Uber [UBER.UL] and Lyft has filed a lawsuit seeking to overturn a...

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Patients greeted by robot at Belgian hospital

By Judith MischkeOSTEND, Belgium (Reuters) - A Belgian hospital has just welcomed its newest staff member: Pepper, a humanoid robot that speaks 19 languages.Developed to improve social and health care...

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Bank of Canada wants payment systems upgrades, closely watching fintech

By Nia WilliamsCALGARY (Reuters) - The Bank of Canada wants upgrades made to the core payments systems used in the country's financial system in order to make them more efficient and competitive, a top...

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U.S. cable industry proposes allowing consumers to scrap set-top boxes

By David ShepardsonWASHINGTON (Reuters) - The U.S. pay-TV industry proposed a plan to allow more than 50 million subscribers to ditch costly set-top boxes to get television and video programs to try...

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VR survival horror shocks E3 gamers

Screams of joy quickly turned to screams of fright for some gaming enthusiasts when they played a virtual reality demonstration from the popular “Resident Evil” video game franchise at this week’s E3...

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Ant Financial looks to buy stake in Thai payments company

BEIJING (Reuters) - Ant Financial Services Group, Alibaba's financial services affiliate, is seeking to buy a 20 percent stake in Ascend Money, an online payment provider based in Thailand, according...

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Algeria blocks Facebook, Twitter to stop exam cheats: state media

ALGIERS (Reuters) - Algerian authorities have temporarily blocked access to Facebook, Twitter and other social media sites to try to stop cheats posting high school exam papers online, state media...

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Uber's upstart rival in Pakistan uses rickshaws, low-tech phones

By Asad HashimLAHORE, Pakistan (Reuters) - As taxi hailing giant Uber enters Pakistan, a little-known local competitor is counting on a mix of new ideas and old technology to tap what could be a big...

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Keyboard warriors: South Korea trains new frontline in decades-old war with...

By Ju-min ParkSEOUL (Reuters) - In one college major at Seoul's elite Korea University, the courses are known only by number, and students keep their identities a secret from outsiders.The Cyber...

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