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Comcast to offer prepaid TV and internet service

By Malathi NayakNEW YORK (Reuters) - Comcast Corp, the No. 1 U.S. cable company, said on Thursday it will introduce prepaid TV and internet services to attract customers whose credit ratings do not...

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PayPal seeks to extend reach with Visa tie-up

By Heather Somerville(Reuters) - PayPal Holdings Inc moved to extend the reach of its online payments business through a deal with Visa Inc that is expected to boost the revenue and number of users of...

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Obama administration offers EV charging loan guarantees

By David ShepardsonWASHINGTON (Reuters) - The White House on Thursday said it was expanding a federal loan guarantee program to include companies building electric vehicle (EV) charging stations, part...

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Coinbase offers digital currency to consumers

By Gertrude Chavez-DreyfussNEW YORK (Reuters) - Bitcoin exchange Coinbase said on Thursday it is now offering the ether digital currency to consumers. Ether is the digital currency for the Ethereum...

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Amazon set to increase bet on Italy's digital turnaround plan: sources

By Giulia SegretiMILAN (Reuters) - Online retailer Amazon.com is set to announce on Friday the first in a series of investments in Italy worth at least 500 million euros ($550 million), a bet on the...

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WeWork demands start-up tenant take down critical blog

By Herbert LashNEW YORK (Reuters) - WeWork Cos, the office-space sharing start-up with an estimated $16 billion valuation, has demanded that one of its tenants take down a blog on a public website that...

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Facebook's solar-powered internet drone takes flight

By Yasmeen AbutalebSAN FRANCISCO (Reuters) - Facebook Inc said on Thursday it had completed a successful test flight of a solar-powered drone that it hopes will help it extend internet connectivity to...

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Samsung Elec sues Huawei in China for patent infringement

By Se Young Lee and Donny KwokSEOUL/HONG KONG (Reuters) - Tech giant Samsung Electronics Co Ltd <005930.KS> said on Friday it sued Huawei Technologies Co Ltd [HWT.UL] for patent infringements...

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LME trading resumes after four hour delay on technical outage

MELBOURNE (Reuters) - Trading on the London Metal Exchange's electronic platforms restarted just before 0400 GMT after technical issues delayed the start of trading for almost four hours on Friday.The...

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China's WeChat takes on WhatsApp in Africa

By Tiisetso MotsoenengJOHANNESBURG (Reuters) - Late to the party, WeChat, China's biggest Internet-based mobile messaging platform, is scrambling to get a piece of the action in the booming African...

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Pokemon GO launches in Japan, bringing smash-hit game home

By Elaine Lies and Megumi LimTOKYO (Reuters) - Eager Japanese rushed to their phones on Friday to start hunting as Pokemon GO, the hit Nintendo-backed smartphone game, finally launched in Japan, home...

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Peter Thiel tells Republican convention he is 'proud to be gay'

By Heather SomervilleSAN FRANCISCO (Reuters) - Silicon Valley investor Peter Thiel, the only big-name supporter of Donald Trump from the country's technology hub, spoke on Thursday at the Republican...

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Ride-hailing service Grab partners Indonesia's Lippo for mobile payments

By Eveline DanubrataJAKARTA (Reuters) - Southeast Asian ride-hailing service Grab said on Friday it is teaming up with Indonesian conglomerate Lippo Group to roll out a mobile payment platform in its...

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BMW plans electric car battery factory in Thailand: industry minister

BANGKOK (Reuters) - German carmaker BMW Group is considering building a new plug-in hybrid vehicle battery factory in Thailand, the country's industry minister said on Friday.Construction was likely to...

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Philippines suspends new Uber, Grab vehicle registrations as backlog mounts

MANILA (Reuters) - The Philippines has stopped accepting applications for new ride-sharing vehicles of Uber [UBER.UL] and Grab due to a backlog amid a government review of its policies on fare spikes,...

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Apple to open first Apple Store in Taiwan

TAIPEI (Reuters) - Apple Inc is planning to open its first Apple Store in Taiwan, a move that comes after the U.S. technology giant raised $1.38 billion in a bond offering last month on the island that...

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China seeks top-10 automation ranking by 2020: robot industry group

FRANKFURT (Reuters) - China is aiming for a top-10 ranking in automation for its industries by 2020 by putting more robots in its factories, the International Federation of Robotics (IFR) said.China's...

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Sweden's Kinnevik says Zalando can withstand Amazon threat

STOCKHOLM (Reuters) - Swedish investment firm Kinnevik, which backs Europe's biggest pure online fashion firm Zalando, is confident the retailer can withstand competition from Amazon because it caters...

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Verizon emerges as front-runner in Yahoo auction: sources

By Greg Roumeliotis and Liana B. Baker(Reuters) - Yahoo Inc is focusing on U.S. telecommunications company Verizon Communications Inc as the buyer of its core business after reviewing final bids that...

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Britain and Korea form fintech investment partnership

By Jemima KellyLONDON (Reuters) - Britain and South Korea have established a "fintech bridge" intended to make it easier for both countries to invest in the burgeoning financial technology sector, the...

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