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Ericsson sees global smartphone subscriptions almost doubling by 2022

STOCKHOLM (Reuters) - Global subscriptions for smartphones will almost double by 2022, helping mobile data traffic to eightfold, telecoms network gear maker Ericsson predicted on Tuesday.The Swedish...

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Nokia says telecoms gear market tough, but outpacing Ericsson

By Eric Auchard and Jussi RosendahlBARCELONA/HELSINKI (Reuters) - Nokia said on Tuesday it was outperforming arch-rival Ericsson in a weak telecoms equipment market, but its shares fell as its dividend...

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China's Leshi Holdings secures $600 million in support

By Sijia Jiang and John RuwitchSHANGHAI (Reuters) - China's Leshi Holdings said on Tuesday it had secured commitments for $600 million to support its automotive unit and LeEco high-tech business, which...

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Israeli billionaire Nacht bets big money on another Teva in healthcare

By Tova CohenTEL AVIV (Reuters) - After helping turn computer security provider Check Point Software Technologies into Israel's biggest technology company, billionaire Marius Nacht is seeking to do the...

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Chinese e-commerce firm JD.com maintains revenue growth in third quarter

By Catherine Cadell(Reuters) - JD.com Inc , China's second-largest e-commerce firm, said on Tuesday its third-quarter revenue grew 38 percent from a year ago, slightly ahead of analysts'...

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Chinese consumers' body takes up complaints of iPhone shutdowns with Apple

(Reuters) - The China Consumers Association (CCA) has asked Apple to investigate "a considerable number" of reports by users of iPhone 6 and 6s phones that the devices have been shutting off and cannot...

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Estonian firm's 3D photo pod promises personalized VR avatars

By David MardisteTALLINN (Reuters) - For gamers fed up with being just another avatar when playing with their friends, an Estonian firm has come up with a photo booth that creates a 3D image of your...

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GE acquires two artificial intelligence startups

SEATTLE (Reuters) - General Electric said on Tuesday it has acquired two tech startups to build its artificial intelligence capability, a move that helps it compete with IBM's Watson product.GE said...

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Exclusive: Wells Fargo to unveil robo-adviser partnership with SigFig

By Olivia Oran(Reuters) - Wells Fargo & Co is set to announce a partnership with SigFig for clients to use the robo-adviser's technology and wealth management investment tools.The announcement is...

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Twitter to upgrade some features to thwart cyber-bullying

(Reuters) - Twitter, facing pressure for not doing enough to curb abusive behavior on its platform, said on Tuesday it would upgrade some features to better combat cyber-bullying.The company said it...

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Elon Musk-backed AI startup and Microsoft sign cloud agreement

(Reuters) - OpenAI, the non-profit artificial intelligence (AI) research firm backed by Tesla Motors Inc's Elon Musk and other prominent tech executives, has signed an agreement to run most of its...

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Google commits to post-Brexit UK with major London investment

By Paul SandleLONDON (Reuters) - Google delivered a vote of confidence in London's future as a technological hub after the Brexit vote on Tuesday by announcing plans for a new building in the King's...

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Google announces artificial intelligence group for Google Cloud

(Reuters) - Alphabet's Google announced the formation of an artificial intelligence group for Google Cloud, the tech company's latest gambit to increase its market share in the lucrative cloud...

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Nintendo shares rise after company unveils release date for iphone Mario game

TOKYO (Reuters) - Shares of Japanese game maker Nintendo Co <7974.T> rose on Wednesday after the company unveiled a Dec. 15 release date for its Super Mario Run mobile game.Nintendo shares were...

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Singapore to launch blockchain project for interbank payments

SINGAPORE (Reuters) - In a major move to explore the use of digital currency in Singapore, the city state's central bank plans to launch a pilot project with the country's stock exchange and eight...

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Singapore sees Brexit as chance to recruit London's FinTech talent

SINGAPORE (Reuters) - Britain leaving the European Union is opening up an opportunity for Singapore to recruit talent for its ambitious plans to become a leading financial technology hub, said the...

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Britain's Morrisons extends Amazon deal with same-day service

By James DaveyLONDON (Reuters) - British supermarket Morrisons has launched a new service offering Amazon customers same-day deliveries of goods from its stores, deepening the relationship between the...

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Microsoft offers EU concessions over its $26 billion LinkedIn bid

By Foo Yun CheeBRUSSELS (Reuters) - Microsoft has offered concessions to EU antitrust regulators over its $26 billion bid for social network LinkedIn, the European Commission said on Wednesday, as the...

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Elbit gets Samsung SDS deal for critical infrastructure security

JERUSALEM (Reuters) - Israel defense firm Elbit Systems said on Wednesday it won a deal from South Korean software services company Samsung SDS to protect its customers against cyber threats and...

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Taiwan to ask for removal of Uber apps from Apple, Google app stores

TAIPEI (Reuters) - Taiwan plans to ask Apple Inc and Alphabet Inc's Google to pull apps of Uber Technologies available in Taiwan on their app stores, a government official said, upping pressure on the...

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