Uber’s path to win back London: data, fines and fees

(Reuters) - If history is a guide, Uber Technologies new Chief Executive Dara Khosrowshahi is likely to dangle data sharing and a promise to pay fines and fees when he sits down with London officials to negotiate the ride service’s future in one of its most important markets. From the Philippi...

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SoFi's CEO hiatus stalls its big-time banking ambitions

SAN FRANCISCO/NEW YORK (Reuters) - Under the leadership of Chief Executive Mike Cagney, Social Finance Inc (SoFi) set its sights on becoming a one-stop shop for every well-to-do millennial looking for financial services and a romantic partner.      One of the most valuable privat...

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Google relaxes rules on free news stories, plans subscription tools

SAN FRANCISCO (Reuters) - Google announced on Sunday that subscription news websites would no longer have to provide users three free articles per day or face less prominence in search results, relaxing its rules following complaints from media giants like News Corp that their sales were suffering. ...

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Facebook to give Russia-linked ads to U.S. Congress on Monday

NEW YORK - Facebook Inc said it plans on Monday to turn over to the U.S. Congress copies of some 3,000 ads that the social network says were bought on Facebook likely by people in Russia in the months before and after the 2016 U.S. election. Last month, in response to calls from U.S. lawmakers, Face...

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Equifax reviews its top lawyer's role in executive stock sales: WSJ

(Reuters) - Equifax Inc is reviewing its Chief Legal Officer John Kelly’s involvement in stock sales by company executives made weeks before the credit-reporting service disclosed a massive data breach, the Wall Street Journal reported on Sunday. Three senior executives including the company&r...

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Zuckerberg seeks forgiveness for division caused by his work

(Reuters) - Facebook Inc founder and Chief Executive Mark Zuckerberg asked for forgiveness for ways his work was used to divide people in a Facebook posting marking the end of Yom Kippur, the Jewish holiday of atonement on Saturday. “For the ways my work was used to divide people rather than b...

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Uber's Kalanick rekindles power struggle, names two to board

SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] co-founder Travis Kalanick said he had appointed two new directors, a surprise move that publicly reignited a board battle over the role of the ousted former chief executive. Kalanick’s move on Friday sought to pre-empt a move by new Ch...

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Uber's Kalanick reignites power struggle, names two to board

SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] co-founder Travis Kalanick on Friday said he had appointed two new directors, a surprise move that publicly reignited a board battle over the role of the ousted former chief executive. Uber investors are divided over whether Kalanick, who was...

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Uber's Kalanick says he appoints former Xerox, Merrill bosses to board

SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] co-founder Travis Kalanick on Friday said he had appointed two new board members, challenging Uber shareholders who have asked a court to stop the former chief executive from naming directors. Directors of the ride services company have been ...

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Nearly two million people watched NFL livestream on Amazon.com

(Reuters) - Nearly 2 million people logged onto Amazon.com (AMZN.O) for the online retailer’s first livestream of Thursday Night Football, the U.S. National Football League said on Friday. Some 1.9 million people tuned in to Amazon’s kickoff show and game between the Chicago Bears and Gr...

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Here’s What to Ask the Former Equifax CEO

Richard Smith — who resigned as chief executive of big-three credit bureau Equifax this week in the wake of a data breach that exposed 143 million Social Security numbers — is slated to testify in front of no fewer than four committees on Capitol Hill next week. If I were a law...

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Here’s What to Ask the Former Equifax CEO

Richard Smith — who resigned as chief executive of big-three credit bureau Equifax this week in the wake of a data breach that exposed 143 million Social Security numbers — is slated to testify in front of no fewer than four committees on Capitol Hill next week. If I were a law...

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Flying high after IPO, Angry Birds maker looks to swoop on rivals

HELSINKI (Reuters) - Rovio, the maker of hit mobile game “Angry Birds,” will look to buy up other players in the gaming industry following its listing on Friday, its main owner Kaj Hed said. The Finnish company’s shares got off to a flying start on their stock market debut, trading...

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Security firm finds some Macs vulnerable to 'firmware' attacks

(Reuters) - Since 2015, Apple Inc (AAPL.O) has tried to protect its Mac line of computers from a form of hacking that is extremely hard to detect, but it has not been entirely successful in getting the fixes to its customers, according to research released on Friday by Duo Security. Duo examined wha...

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Lyft IPO puts investors in self-driving cars as well as ride services

DETROIT (Reuters) - An initial public offering by Lyft Inc will give investors a way to jump into self-driving cars, although the ride services company and rival Uber Technologies Inc may have to wait years before sending a driverless robotaxi to a customer. On Thursday, Reuters reported that San Fr...

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New Uber CEO to meet London transport boss in license battle

LONDON (Reuters) - The new chief executive of Uber Technologies [UBER.UL] will meet the head of London’s transport system next week to try to retain the license for its ride hailing service in the British capital. Transport for London (TfL), which regulates and operates the transport network i...

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Japan's FSA gives official endorsement to 11 cryptocurrency exchanges

TOKYO (Reuters) - Japan’s Financial Services Agency said on Friday it has approved 11 companies as operators of cryptocurrency exchanges, in a move that sets the country apart from its neighbors which are tightening their grip on virtual money. The Japanese government recognized bitcoin as leg...

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New Uber CEO to meet London transport boss over license battle

LONDON (Reuters) - Dara Khosrowshahi, the new chief executive of Uber Technologies [UBER.UL], will meet the head of the London Transport system next Tuesday as the Silicon Valley giant steps up the fight to regain its license in the British capital. Regulator Transport for London (TfL) stunned the t...

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Angry Birds maker Rovio's shares in high-flying debut

HELSINKI (Reuters) - “Angry Birds” maker Rovio Entertainment’s shares got off to a flying start on the Finnish firm’s stock market debut. Rovio shares were trading at 12.11 euros by 0814 GMT on Friday, up 5.3 percent from the final price of 11.50 euros in initial public offer...

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Japan's FSA approves 11 companies as operators of cryptocurrency exchanges

TOKYO (Reuters) - Japan’s Financial Services Agency approved 11 companies as operators of cryptocurrency exchanges, the financial watchdog said on Friday. The Japanese government has recognized bitcoin as legal tender in April and required cryptocurrency exchange operators to register with the...

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