Google's Hinton says AI poses new challenges to regulators

TORONTO (Reuters) - Expansion of artificial intelligence in financial services, healthcare, transportation and other fields poses new challenges to governments charged with regulating those industries, according to an executive with Google who is a pioneer in the field of machine learning. Artificia...

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Amazon Australia goes live in time to ruin rivals' Christmas

SYDNEY (Reuters) - Amazon.com Inc’s Australian arm said it would start taking orders on Tuesday, ending speculation about the timing of its launch in the world’s No. 12 economy and likely dashing hopes of a holiday boost for struggling brick-and-mortar rivals. FILE PHOTO - The logo of th...

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Facebook rolls out messenger app for kids under 13

(Reuters) - Facebook Inc (FB.O) on Monday rolled out Messenger Kids, an app that lets the world’s biggest social media company expand into a so-far untapped market of kids under 13 while also giving parents complete control over what their children see. FILE PHOTO: A picture illustration shows...

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Broadcom launches 11-nominee slate for Qualcomm board

(Reuters) - Chipmaker Broadcom Ltd (AVGO.O) made its first formal move toward a hostile bid to take over Qualcomm Inc (QCOM.O) on Monday, laying out a slate of 11 nominees it wants to put on the board of the U.S. semiconductor firm. FILE PHOTO: Broadcom Limited company logo is pictured on an office ...

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SEC's cyber unit files charges in alleged initial coin offering fraud

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Monday its newly created cyber unit had filed its first charges against an “initial coin offering” (ICO), alleging that a privately held company called PlexCorps and its top two officials had defrauded investors. ...

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Direct Line offers 5-percent Tesla 'auto-pilot' incentive

(Reuters) - Britain’s largest motor insurer Direct Line is offering Tesla Inc drivers in Britain a 5-percent discount for switching on the car’s autopilot system, seeking to encourage use of a system it hopes will cut down on accidents. A photo illustration shows insurance renewal notice...

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SEC's Cyber Unit files first charges, alleges fraud scheme

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Monday said its new Cyber Unit has filed its first charges, alleging that a privately held company called PlexCorps and its top two officials had defrauded investors. FILE PHOTO: The seal of the U.S. Securities and Exchange Commis...

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Broadcom unveils 11-nominee slate for Qualcomm board

(Reuters) - Chipmaker Broadcom Ltd (AVGO.O) took its first formal step toward a hostile bid to take over Qualcomm Inc (QCOM.O) on Monday, unveiling a slate of 11 nominees to the board of the U.S. semiconductor firm. FILE PHOTO: Broadcom Limited company logo is pictured on an office building in Ranch...

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Ireland expects Apple back tax in escrow account in first quarter, 2018: minister

BRUSSELS (Reuters) - Ireland expects iPhone maker Apple to start paying up to 13 billion euros ($15.4 billion) in back taxes into an escrow account in the first quarter of 2018, the finance minister said on Monday. FILE PHOTO: An iPhone X is seen on a large video screen in the new Apple Visitor Cent...

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Bitcoin dips below $11,000 after setting another record high

LONDON (Reuters) - Bitcoin dipped back under $11,000 on Monday, coming off a record high just shy of $11,800 it hit on Sunday after a surge from less than $1,000 at the start of the year. FILE PHOTO: A copy of bitcoin standing on PC motherboard is seen in this illustration picture, October 26, 2017....

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Broadcom lists 11 nominees for Qualcomm board

(Reuters) - Chipmaker Broadcom Ltd (AVGO.O) took its first formal step toward a hostile bid to take over Qualcomm Inc (QCOM.O) on Monday, unveiling a list of 11 nominees to the board of the U.S. semiconductor firm. FILE PHOTO: Broadcom Limited company logo is pictured on an office building in Rancho...

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Broadcom plans to nominate 11 members to Qualcomm's board

(Reuters) - Chipmaker Broadcom Ltd said on Monday it planned to nominate a slate of 11 independent members to the board of U.S. semiconductor firm Qualcomm Inc. FILE PHOTO: Broadcom Limited company logo is pictured on an office building in Rancho Bernardo, California May 12, 2016. REUTERS/Mike Blake...

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Dialog shares tumble on warning Apple could build its own chips

LONDON/FRANKFURT (Reuters) - Dialog Semiconductor said on Monday top customer Apple could build its own power-management chips into future iPhones rather than rely on the Anglo-German chipmaker, sending its shares plunging as much as 19 percent. Dialog semiconductor logo is pictured at a company bui...

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UK pushing to include Bitcoin under money-laundering rules

LONDON (Reuters) - Britain wants to increase regulation of Bitcoin and other digital currencies by expanding the reach of European Union anti-money-laundering rules that force traders to disclose their identities and report suspicious activity. FILE PHOTO: A copy of bitcoin standing on PC motherboar...

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China think tank calls for 'democratic' internet governance

WUZHEN, China (Reuters) - China ranks fifth among 38 nations globally in standards of cyber governance, a top state-backed internet think tank said on Monday, calling for a ‘democratic’ internet governance system to eradicate inequalities it said marginalized developing nations. Computer...

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Hacked Password Service Leakbase Goes Dark

Leakbase, a Web site that indexed and sold access to billions of usernames and passwords stolen in some of the world largest data breaches, has closed up shop. A source close to the matter says the service was taken down in a law enforcement sting that may be tied to the Dutch police raid of the Han...

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Hacked Password Service Leakbase Goes Dark

Leakbase, a Web site that indexed and sold access to billions of usernames and passwords stolen in some of the world largest data breaches, has closed up shop. A source close to the matter says the service was taken down in a law enforcement sting that may be tied to the Dutch police raid of the Han...

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Uber joins forces with global public transport association

BRUSSELS (Reuters) - Ride-hailing app Uber [UBER.UL] said on Monday it was joining a global public transport association to improve mobility in the cities it operates in. FILE PHOTO: Uber's logo is pictured at its office in Tokyo, Japan, November 27, 2017. REUTERS/Kim Kyung-Hoon/File Photo Uber also...

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Broadcom set to unveil challenge to Qualcomm's board: sources

(Reuters) - Chipmaker Broadcom Ltd (AVGO.O) will take its first formal step on Monday toward a hostile bid to take over Qualcomm Inc (QCOM.O), unveiling nominees whom Qualcomm shareholders can vote on to replace the U.S. semiconductor company’s board of directors, according to people familiar ...

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Growth, healing: New CEO faces twin tests at India's Infosys

MUMBAI (Reuters) - After well over a decade with Capgemini, Salil Parekh is returning home to head unsettled Indian software services firm Infosys, where he will seek to replicate his success in notching up record growth at the divisions he ran. FILE PHOTO: A Infosys employee stands at the front des...

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