Kaspersky Lab says it will submit software for independent review

(Reuters) - Kaspersky Lab will ask independent parties to conduct security reviews of its widely used anti-virus software to help dispel allegations that the Russian government uses the products to conduct espionage, the Moscow-based company said on Monday. The logo of the anti-virus firm Kaspersky ...

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Toshiba sees annual loss of almost $1 billion after tax related to chip unit sale

TOKYO (Reuters) - Embattled Japanese conglomerate Toshiba Corp said on Monday it now expects to slide to a net loss of nearly $1 billion this business year after calculating taxes related to the sale of its prized chip unit. FILE PHOTO : A logo of Toshiba Corp is seen on a printed circuit board in t...

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JPMorgan reaches beyond its branches with new mobile account app

NEW YORK (Reuters) - In its first offering of online bank accounts, JPMorgan Chase & Co on Monday launched a new smartphone app that it hopes will attract new depositors, many of whom are young and may live far from any of its branch offices. FILE PHOTO: People pass the JP Morgan Chase & Co....

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Tencent unit China Literature launches up to $1.1 billion HK IPO

HONG KONG (Reuters) - China Literature Ltd, China’s largest online publishing and e-book company, launched an initial public offering for up to $1.1 billion on Monday, seeking funds for acquisitions and to expand its digital publishing business. Tencent Holdings Ltd controls China Literature w...

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Cisco nears deal to acquire BroadSoft: source

SAN FRANCISCO (Reuters) - Cisco Systems Inc, the world’s largest networking gear manufacturer, is nearing a deal to buy U.S. telecommunications software firm BroadSoft Inc for close to $2 billion, a person familiar with the matter said on Sunday. A newly installed phone made by Cisco is shown ...

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JPMorgan partners with data start-up to boost fixed-income trading

NEW YORK (Reuters) - JPMorgan Chase & Co has partnered with data analytics start-up Mosaic Smart Data to help its fixed-income sales and trading business become more profitable. A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/...

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China's recyclers eye looming electric vehicle battery mountain

SHANGHAI (Reuters) - After years of dismantling discarded televisions and laptops, a Shanghai recycling plant is readying itself for a new wave of waste: piles of exhausted batteries from the surge of electric vehicles hitting China’s streets. Batteries for electric vehicles are manufactured a...

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Consumer goods firms harness online data to tap Southeast Asia e-commerce boom

SINGAPORE/BANGKOK (Reuters) - When diaper maker DSG International (Thailand) wants to know what its customers are thinking, it often turns to Lazada, an e-commerce firm majority-owned by Alibaba Group Holding (BABA.N). FILE PHOTO: The Singapore Lazada website is seen in this illustration photo June ...

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Tesla reaffirms effort to build cars in China; mum on deal report

(Reuters) - Electric car maker Tesla Inc (TSLA.O) reaffirmed on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year, but declined to comment on a report that a deal has been reached. FILE PHOTO: Tesla Mod...

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Tesla moves closer to deal to build cars in China

(Reuters) - Electric car maker Tesla Inc (TSLA.O) said on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year. FILE PHOTO: Tesla Model 3 cars are seen as Tesla holds an event at the factory handing over i...

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Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centers: media

TOKYO (Reuters) - Japanese trading house Mitsubishi Corp (8058.T) plans to set up a joint venture with U.S. data center operator Digital Realty Trust (DLR.N) and build around 10 data centers in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday. The logo of Mitsubishi Corp...

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U.S. warns public about attacks on energy, industrial firms

(Reuters) - The U.S government issued a rare public warning about hacking campaigns targeting energy and industrial firms, the latest evidence that cyber attacks present an increasing threat to the power industry and other public infrastructure. A projection of cyber code on a hooded man is pictured...

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Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centres: media

TOKYO (Reuters) - Japanese trading house Mitsubishi Corp (8058.T) plans to set up a joint venture with U.S. data centre operator Digital Realty Trust (DLR.N) and build around 10 data centres in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday. The logo of Mitsubishi Corp...

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Snap lays off 18 employees in recruiting division

SAN FRANCISCO (Reuters) - Social media company Snap Inc (SNAP.N) said on Friday it had laid off 18 people in its recruiting division, an unusual move for a young company with ambitious growth plans and a likely reflection of tough competition from Facebook Inc (FB.O). FILE PHOTO - A woman stands in ...

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Consumer Reports says Tesla misunderstands 'positive' Model 3 rating

DETROIT (Reuters) - Consumer Reports said on Friday that Tesla Inc (TSLA.O) had apparently misunderstood the “average” reliability rating the magazine assigned to the electric carmaker’s Model 3 sedan this week, calling it generally “positive” for an all-new vehicle. FI...

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Bitcoin soars to record high above $6,000

NEW YORK (Reuters) - Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies. Bitcoins are seen in th...

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Whole Foods says hacking incident resolved

(Reuters) - Amazon.com Inc’s (AMZN.O) Whole Foods Market said on Friday it had replaced affected point-of-sale systems at venues located within some stores where payment card information had been stolen. FILE PHOTO: The Whole Foods Market in Superior, Colorado, United States July 26, 2017. REU...

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Apple hit with trademark lawsuit over iPhone X 'animoji' feature

NEW YORK (Reuters) - A Japanese software company is suing Apple Inc (AAPL.O) in a U.S. court over the trademark for the term “animoji”, alleging the U.S. technology company stole the name to use on a feature of its iPhone X. FILE PHOTO: Apple Senior Vice President of Worldwide Marketing,...

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Tech companies to lobby for immigrant 'Dreamers' to remain in U.S.

SAN FRANCISCO (Reuters) - Nearly two dozen major companies in technology and other industries are planning to launch a coalition to demand legislation that would allow young, illegal immigrants a path to permanent residency, according to documents seen by Reuters. People march across the Brooklyn Br...

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Paris wants to regulate Asian bike-share operators

PARIS (Reuters) - Paris does not want Asian bike-sharing operators to burst into the city the way Airbnb and Uber did and plans to introduce regulation to ensure an orderly rollout of new bicycle schemes, a top city official told Reuters. Ofo France general manager Laurent Kennel poses with city bik...

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