Amazon's bold spending to be closely watched in latest results

(Reuters) - Amazon.com Inc’s (AMZN.O) audacious spending on original TV shows and movies, its cloud business and an ever-expanding core retail operations, will be closely watched by investors when the retail giant reports results on Thursday. FILE PHOTO - The logo of Amazon is seen at the comp...

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NotPetya hackers likely behind BadRabbit attack: researchers

MOSCOW (Reuters) - Hackers responsible for the NotPetya cyber attack which crippled businesses in Ukraine and around the world in June were likely behind a smaller-scale attack on Russia and other countries this week, Russia-based cyber security firm Group-IB said on Thursday. Attacks using malware ...

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Twitter nears first profitable quarter as it slashes expenses, shares jump

(Reuters) - Twitter Inc (TWTR.N) said on Thursday it could turn its first ever profit in the fourth quarter, after making sweeping cuts in expenses the past few months and finding sources of revenue beyond the advertising that dominates social media. FILE PHOTO: The Twitter logo is displayed on a sc...

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Alphabet looks to snowy Michigan to test self-driving cars

WASHINGTON (Reuters) - Alphabet Inc’s (GOOGL.O) self-driving car unit Waymo is expanding winter testing as it works to address a potential blind spot for autonomous vehicles: snowy and icy conditions. Waymo unveils a self-driving Chrysler Pacifica minivan during the North American Internationa...

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Nokia still reviewing options for undersea cables unit: CEO

HELSINKI (Reuters) - Nokia is still reviewing its options for its undersea cables unit, a business that underpins the global Internet, chief executive Rajeev Suri said on Thursday. Rajeev Suri, Nokia's President and Chief Executive Officer, walks on stage to deliver his keynote at Mobile World Congr...

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Wal-Mart launches shelf-scanning robots in about 40 stores

CHICAGO (Reuters) - Wal-Mart Stores Inc will roll out shelf-scanning robots in approximately 40 stores to replenish inventory faster on its shelves and save store employees time when products run out. FILE PHOTO: Shopping carts are seen outside a new Wal-Mart Express store in Chicago July 26, 2011. ...

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Twitter nears first profitable quarter as it slashes expenses

(Reuters) - Twitter Inc said on Thursday it could turn its first ever profit in the fourth quarter, after making sweeping cuts in expenses the past few months and finding sources of revenue beyond the advertising that dominates social media. FILE PHOTO: The Twitter logo is displayed on a screen on t...

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Viacom looks to U.S. mobile deals as young viewers flee TV

NEW YORK (Reuters) - Viacom Inc is trying a new tactic in its multi-front effort to win back younger U.S. viewers ditching expensive cable TV packages: seeking deals directly with mobile phone networks. FILE PHOTO: A woman exits the Viacom Inc. headquarters in New York April 30, 2013. REUTERS/Lucas ...

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Chipmaker Nvidia's CEO sees fully autonomous cars within 4 years

TAIPEI (Reuters) - Nvidia Corp chief executive Jensen Huang said on Thursday artificial intelligence would enable fully automated cars within 4 years, but sought to tamp down expectations for a surge in demand for its chips from cryptocurrency miners. FILE PHOTO: Nvidia co-founder and CEO Jensen Hua...

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SAP overhauls sales practices as it faces U.S. probe on South Africa

LONDON (Reuters) - Global business planning software giant SAP (SAPG.DE) is making sweeping changes to its sales practices in countries around the world, the German company said, as it revealed it is the subject of a U.S. corruption probe tied to its South Africa business. FILE PHOTO: SAP headquarte...

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SAP revises sales practices as it faces U.S. probe on South Africa

LONDON (Reuters) - Global business planning software giant SAP (SAPG.DE) is making sweeping changes to its sales practices in countries around the world, the German company said as it revealed it is the subject of a U.S. corruption probe tied to its business dealings in South Africa. FILE PHOTO: SAP...

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Hydrogen fuel-cell car push 'dumb'? Toyota makes a case for the Mirai

TOKYO (Reuters) - Having invested heavily in hydrogen, a technology derided by Tesla chief Elon Musk as “incredibly dumb”, Toyota Motor Corp is making a renewed push for fuel cell cars to fill a role in a future dominated by electric battery vehicles. FILE PHOTO - The Toyota Mirai, an hy...

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Tesla's seat strategy goes against the grain...for now

SAN FRANCISCO (Reuters) - Elon Musk was fed up. The interior of the Tesla Model 3 sedan is seen in this undated handout image as the car company handed over its first 30 Model 3 vehicles to employee buyers at the company's Fremont facility in California, U.S., July 28, 2017. Tesla/Handout via REUTER...

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Three women sue Uber in San Francisco claiming unequal pay, benefits

SAN FRANCISCO (Reuters) - Three women engineers have sued Uber Technologies Inc [UBER.UL] for discrimination based of their gender and race, the latest blow to the ride-services company that is straining to overcome a year of controversies over its workplace culture. FILE PHOTO: A man arrives at the...

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Apple disputes Bloomberg report that it reduced Face ID accuracy

(Reuters) - Apple Inc (AAPL.O) disputed a report by Bloomberg News on Wednesday that it recently allowed suppliers to reduce the accuracy of the iPhone X’s facial recognition system to speed output of the phone. FILE PHOTO: Apple Senior Vice President of Worldwide Marketing, Phil Schiller, int...

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Exclusive: U.S. widens surveillance to include 'homegrown violent extremists' - documents

WASHINGTON (Reuters) - The U.S. government has broadened an interpretation of which citizens can be subject to physical or digital surveillance to include “homegrown violent extremists,” according to official documents seen by Reuters. A U.S. Air Force airman at Petersen Air Force Base i...

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Amazon to sell smart locks so it can slip packages into your home

(Reuters) - Amazon.com Inc (AMZN.O) has plans to drop off packages directly into shoppers’ homes. FILE PHOTO - The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol/File Photo The world’s largest online ...

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Some Russian financial organizations suffered 'BadRabbit' attack: central bank

MOSCOW (Reuters) - Some Russian financial organizations have suffered cyber attacks by malware called “BadRabbit” but have not been compromised, Russia’s central bank said on Wednesday. The central bank said it would analyze why the public server of the Interfax news agency with pu...

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Apple reduced Face ID accuracy to ease production: Bloomberg

(Reuters) - Apple Inc (AAPL.O) recently allowed its suppliers to reduce the accuracy of the iPhone X's facial recognition system to speed up production of the smartphone, Bloomberg News reported on Wednesday, citing people familiar with the situation. (bloom.bg/2i3E8CZ) FILE PHOTO: Apple Senior Vice...

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Apple acquires New Zealand wireless charging company

SINGAPORE (Reuters) - Apple, which recently said it was including wireless charging in its latest iPhone X and iPhone 8 smartphones, has acquired New Zealand firm PowerbyProxi that designs wireless power products for consumers and industry.  A broken iPhone is seen in this illustration picture,...

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