Lower churn helps Dish ride out Maria losses

(Reuters) - Dish Network Corp gained subscribers in the mainland United States in the third quarter and reduced the rate at which it lost existing customers, offsetting a hit to offshore business from Hurricane Maria. A Dish Network satellite dish is shown on a residential home in Encinitas, Califor...

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Amid Trump cuts, Uber kicks off campaign to enroll drivers in Obamacare

SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] and some smaller technology companies are launching campaigns to publicize Obamacare enrollment among their contract workers after the Trump administration slashed government marketing for the health program by 90 percent. FILE PHOTO: An Uber...

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Vodafone challenges BT with UK fibre broadband plan

LONDON (Reuters) - Vodafone will partner with fibre network developer CityFibre to bring ultrafast broadband to 5 million UK homes and businesses by 2025, in a direct challenge to dominant rival BT . A branded sign is displayed on a Vodafone store in London, Britain May 16, 2017. REUTERS/Neil Hall V...

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Chip boom drives Toshiba profit surge; raises questions about future earnings

TOKYO (Reuters) - Japan’s Toshiba Corp (6502.T) reported a 76 percent jump in second-quarter operating profit on Thursday, driven almost entirely by a strong performance from its memory chip unit which it recently agreed to sell for $18 billion. FILE PHOTO: The logo of Toshiba Corp is seen as ...

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Vodafone and CityFibre partner on ultrafast broadband in UK

LONDON (Reuters) - British telecoms giant Vodafone said on Thursday it would partner with CityFibre, a wholesale fiber network infrastructure provider, to bring ultrafast broadband to up to 5 million homes and businesses in Britain by 2025. FILE PHOTO: Branding for Vodafone is seen on the exterior o...

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China electric car startup Nio raises over $1 billion from Tencent, others: sources

HONG KONG (Reuters) - Chinese electric vehicle startup Nio has raised more than $1 billion in its latest fundraising round, led by existing investor Tencent Holdings Ltd, valuing the firm at about $5 billion, two people with knowledge of the matter said. FILE PHOTO: People gather at the booth of Chi...

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Toshiba quarterly profit jumps on strong memory chip demand

TOKYO (Reuters) - Toshiba Corp reported a 76 percent jump in second-quarter operating profit on Thursday, driven by a strong performance from its memory chip unit which it recently agreed to sell for $18 billion. FILE PHOTO: The logo of Toshiba Corp is seen as window cleaners work on the company's h...

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Rise of the machines: Philippine outsourcing industry braces for AI

MANILA (Reuters) - The outsourcing industry in the Philippines, which has dethroned India as the country with the most call centers in the world, is worried that the rise of artificial intelligence (AI) will eat into the $23 billion sector. FILE PHOTO: Call center agents wait for calls from their Un...

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FBI may have lost critical time unlocking Texas shooter's iPhone

SAN FRANCISCO/WASHINGTON (Reuters) - For about 48 hours after a deadly rampage at a Texas church, the FBI and other law enforcement agencies did not ask Apple Inc to help them unlock the gunman’s iPhone or associated online accounts, a person familiar with the situation told Reuters on Wednesd...

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Small banks oppose U.S. regulator offering olive branch to tech sector

NEW YORK/WASHINGTON (Reuters) - Small Main Street banks vowed on Wednesday to fight any review of a ban that prevents retailers such as Wal-Mart Stores Inc (WMT.N) and tech companies like Amazon.com Inc (AMZN.O) from becoming fully fledged banks. The logo of the web service Amazon is pictured in thi...

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U.S., AT&T at odds over CNN in Time Warner deal

NEW YORK/WASHINGTON (Reuters) - U.S. antitrust regulators and AT&T Inc (T.N) sparred on Wednesday over whether the wireless carrier would be required to sell Time Warner Inc’s (TWX.N) CNN cable network as a condition of approval of its deal to buy the media company. The U.S. Department of ...

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U.S. demands CNN or DirecTV sale to approve AT&T/Time Warner deal: sources

NEW YORK/WASHINGTON (Reuters) - The U.S. Department of Justice is pushing AT&T Inc (T.N) to sell Turner Broadcasting, parent of CNN cable network, or its DirecTV satellite television unit to satisfy antitrust concerns over its purchase of Time Warner Inc (TWX.N), sources told Reuters on Wednesda...

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Former Yahoo CEO apologizes for data breaches, blames Russians

WASHINGTON (Reuters) - Former Yahoo Chief Executive Marissa Mayer apologized on Wednesday for two massive data breaches at the internet company, blaming Russian agents for at least one of them, at a hearing on the growing number of cyber attacks on major U.S. companies. ”As CEO, these thefts o...

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U.S. demands CNN sale to approve AT&T/Time Warner deal: sources

NEW YORK/WASHINGTON (Reuters) - The U.S. Department of Justice is pushing AT&T Inc (T.N) to sell Turner Broadcasting, parent of CNN cable network, or its DirecTV satellite television unit to satisfy antitrust concerns over its purchase of Time Warner Inc (TWX.N), sources told Reuters on Wednesda...

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Canada's Quebec looks to impose sales tax on Netflix, others: report

TORONTO/MONTREAL (Reuters) - The Canadian province of Quebec has told Ottawa it will impose a sales tax on online companies, such as video streaming service Netflix Inc (NFLX.O), and called on the federal government to reconsider its own decision not to do the same, La Presse newspaper reported on W...

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Sprint to accelerate network investment, CEO says

NEW YORK (Reuters) - Sprint Corp will accelerate investment in its network as it plots a future as a standalone company, its chief executive officer said on Wednesday, days after the No. 4 U.S. wireless carrier said merger talks with rival T-Mobile US Inc had failed. FILE PHOTO - Sprint CEO Marcelo ...

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China's Tencent takes 12 percent stake in Snap as shares plunge

(Reuters) - Snap Inc said on Wednesday that Chinese tech and media investment firm Tencent Holdings Ltd had taken a 12 percent stake in the company, a day after the owner of disappearing-messaging app Snapchat was punished by Wall Street for disappointing quarterly results. FILE PHOTO - A woman stan...

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U.S. pushes for possible asset sales in AT&T/Time Warner deal

NEW YORK/WASHINGTON (Reuters) - The U.S. Department of Justice is pushing AT&T Inc (T.N) to sell assets or come up with other ways of satisfying antitrust concerns over its purchase of Time Warner Inc (TWX.N), a new and potentially costly obstacle to the U.S. No. 2 wireless carrier’s effor...

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Former Yahoo CEO apologizes for data breach, blames Russians

WASHINGTON (Reuters) - Former Yahoo Chief Executive Marissa Mayer apologized on Wednesday for a pair of massive data breaches at the internet company and blamed Russian agents at a hearing on the growing number of incidents involving major U.S. companies. Former Yahoo Chief Executive Marissa Mayer w...

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AT&T says timing of Time Warner deal completion now uncertain

(Reuters) - AT&T Inc (T.N) said on Wednesday it was uncertain when its deal to buy Time Warner Inc (TWX.N) would be completed as the network carrier continues antitrust discussions with the U.S. Department of Justice. The AT&T logo is pictures on a building in Los Angeles, California, U.S. A...

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