Indian telecom regulator backs net neutrality with recommendations

MUMBAI/NEW DELHI (Reuters) - India’s telecom regulator has made recommendations to ensure an open internet in the country and prevent any discrimination in internet access in a long-awaited report, after debating the issue of net neutrality for more than a year. The Telecom Regulatory Authorit...

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Microsoft, SAP to use and sell more of each other's cloud services

LONDON (Reuters) - Business software giants Microsoft Corp and SAP SE have agreed to expand the use of each other’s cloud-based products and services delivered via the internet, they said on Tuesday, as they laid out a common product road map for joint customers. A Microsoft logo is seen in Lo...

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Indian telecom regulator recommends rules in support of net neutrality

MUMBAI (Reuters) - India’s telecom regulator on Tuesday recommended explicit restrictions on any discrimination in internet access as part of its much-awaited recommendations on net neutrality. The Telecom Regulatory Authority of India (TRAI) said it was not in favor of any “discriminato...

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Pressured for profit, oil majors bet big on shale technology

HOUSTON (Reuters) - Shale oil engineer Oscar Portillo spends his days drilling as many as five wells at once - without ever setting foot on a rig. FILE PHOTO - A drilling rig owned by Parsley Energy Inc. seen near Midland, Texas, U.S. on May 3, 2017. REUTERS/Ernest Scheyder/File Photo Part of a team...

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Global crypto-currency crackdown sparks search for safe havens

NEW YORK (Reuters) - When U.S. entrepreneur Bharath Rao looked around for the best place to raise money for his crypto-currency derivatives trading business, the United States did not make his list. Instead he chose the East African island nation Seychelles to sell the trading platform’s token...

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China racing for AI military edge over U.S.: report

WASHINGTON (Reuters) - A research arm of the U.S. intelligence community just wrapped up a competition to see who could develop the best facial recognition technology. The challenge: identify as many passengers as possible walking on an aircraft boarding ramp. Of all the entries, it was a Chinese st...

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SoftBank offers to buy Uber shares at 30 percent discount

SAN FRANCISCO (Reuters) - Japan’s SoftBank Group Corp is offering to purchase shares of Uber Technologies Inc at a valuation of $48 billion, a 30 percent discount to its most recent valuation of $68.5 billion, a person familiar with the matter said on Monday. The logo of SoftBank Group Corp is...

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SoftBank offering to buy Uber shares at 30 percent discount

SAN FRANCISCO (Reuters) - Japan’s SoftBank Group Corp is offering to purchase shares of Uber Technologies Inc at a valuation of $48 billion, a 30 percent discount to its most recent valuation of $68.5 billion, a person familiar with the matter said on Monday. The logo of SoftBank Group Corp is...

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Waymo seeks delay of Uber trade secrets trial over new evidence

SAN FRANCISCO (Reuters) - Alphabet’s Inc Waymo self-driving car unit asked a U.S. judge on Monday to postpone an upcoming trade secrets trial against Uber Technologies Inc, so Waymo could investigate whether Uber withheld important evidence in the case. FILE PHOTO - The Waymo logo is displayed...

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SoftBank offering to buy Uber shares at 30 percent discount: source

SAN FRANCISCO (Reuters) - Japan’s SoftBank Group Corp (9984.T) is offering to purchase shares of Uber Technologies Inc at a valuation of $48 billion, a 30 percent discount to its most recent valuation of $68.5 billion, a person familiar with the matter said on Monday. The logo of SoftBank Grou...

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Internet businesses ask U.S. to keep net neutrality rules

WASHINGTON (Reuters) - AirBnb, Reddit, Shutterstock, Inc, Tumblr, Etsy (ETSY.O), Twitter (TWTR.N) and a long list of small internet companies urged the Federal Communications Commission on Monday to scrap a plan to roll back net neutrality rules. FILE PHOTO: Ajit Pai, Chairman of the Federal Communi...

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Siemens, Trimble, Moody's breached by Chinese hackers, U.S. charges

PITTSBURGH, Pa./NEW YORK (Reuters) - Three people affiliated with a Chinese cyber security firm hacked into the networks of Siemens AG, Trimble Inc and Moody’s Analytics to steal business secrets, U.S. prosecutors said on Monday. FILE PHOTO - Siemens AG logo is seen during official opening of ...

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U.S. charges three Chinese with hacking Siemens, Trimble, Moody's

(Reuters) - A U.S. jury has indicted three people affiliated with a Chinese cyber security firm on computer fraud charges, saying they hacked into the networks of Siemens AG, Trimble Inc and Moodys Analytics. The indictment, which was unsealed on Monday, charged that three defendants and others part...

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Who Was the NSA Contractor Arrested for Leaking the ‘Shadow Brokers’ Hacking Tools?

In August 2016, a mysterious entity calling itself “The Shadow Brokers” began releasing the first of several troves of classified documents and hacking tools purportedly stolen from “The Equation Group,” a highly advanced threat actor that is suspected of having ties to ...

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German domestic spy agency hits out at Silicon Valley

BERLIN (Reuters) - The head of Germany’s domestic intelligence agency accused U.S. tech giants like Facebook (FB.O) on Monday of failing to take enough responsibility for content on their sites, undermining democracy by not distinguishing between fact and opinion. The Facebook application is s...

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Shared self-driving cars could slash demand for U.S. sedans: study

DETROIT (Reuters) - Ride services using self-driving vehicles could slash by more than half demand for owner-driven sedans in the United States by 2030, according to a study released Monday by consulting firm KPMG that used cellphone data to map commuter travel in three large U.S. cities. The KPMG r...

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Facebook to expand artificial intelligence to help prevent suicide

SAN FRANCISCO (Reuters) - Facebook Inc will expand its pattern recognition software to other countries after successful tests in the U.S. to detect users with suicidal intent, the world’s largest social media network said on Monday. FILE PHOTO: A 3D plastic representation of the Facebook logo ...

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Israeli cybersecurity firm Illusive gets deal with OakNorth bank

TEL AVIV (Reuters) - Illusive Networks, an Israeli cyber security firm specializing in “deception technology”, said on Monday it signed a deal to provide its platform to British specialist bank OakNorth. Financial details were not disclosed. Illusive’s technology lures hackers by b...

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Court halts Uber's trial program in Israel

TEL AVIV (Reuters) - A court in Israel ordered Uber on Monday to halt a trial program in the Tel Aviv area that the U.S. ride-hailing company had hoped would pave the way for its full operations in the country. Uber's logo is pictured at its office in Tokyo, Japan, November 27, 2017. REUTERS/Kim Kyu...

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Google seeks to defuse row with Russia over website rankings

MOSCOW (Reuters) - Google does not change its search algorithm to re-rank individual websites, it said in a letter to Russia’s communications watchdog, after Moscow expressed concerns the search engine might discriminate against Russian media. The Google logo is pictured atop an office buildin...

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