Western Digital in talks for stake in Toshiba chip unit after an IPO: Kyodo

TOKYO (Reuters) - Western Digital Corp (WDC.O) is in talks to gain voting rights of just under 16 percent in Toshiba Corp’s (6502.T) memory chip unit on the assumption that it will be listed in the future, Kyodo news agency reported on Thursday. Kyodo did not cite sources or say who the U.S. f...

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Facebook says likely Russian-based operation funded U.S. ads with political message

SAN FRANCISCO (Reuters) - Facebook Inc said on Wednesday it had found that an operation likely based in Russia spent $100,000 on thousands of U.S. ads promoting divisive social and political messages in a two-year-period through May. Facebook, the dominant social media network, said 3,000 ads and 47...

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Samsung's Lee replaces attorney ahead of appeal

SEOUL (Reuters) - Samsung Electronics Co Ltd Vice Chairman Jay Y. Lee has replaced his lawyer ahead of an appeal against the five-year jail term he was given for bribery and other charges, a spokesman for his law firm said on Thursday. Attorney Song Wu-cheol was replaced by Lee In-jae, a more senior...

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Vuzix smart glasses contract will help U.S. war veterans 'see' again

NEW YORK (Reuters) - Vuzix Corp, a maker of computer smart glasses used in industry, said on Wednesday it is venturing into a new market with a system that helps restore vision to U.S. military veterans who lost sight in combat in Iraq and Afghanistan. Smart glasses have found growing acceptance in ...

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Facebook says likely Russian-based operation spent money on ads on issues

SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) said Wednesday it had found that an influence operation likely based in Russia spent $100,000 on ads promoting divisive social and political messages in a two-year-period through May. The dominant social network said that many of the ads promoted 470 &ld...

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T-Mobile US to offer free Netflix with family plan

(Reuters) - T-Mobile US Inc (TMUS.O) said on Wednesday it will offer a free subscription to video streaming service Netflix Inc (NFLX.O) with its unlimited data family plans in a push to lure more subscribers. The new offer shows how wireless carriers are bundling content with mobile service as a wa...

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Oracle backs online human trafficking bill, breaking with tech industry

WASHINGTON (Reuters) - Cloud services company Oracle Corp on Wednesday backed a bipartisan proposal in the U.S. Congress that would make it easier to penalize operators of websites that facilitate online sex trafficking. The endorsement of legislation advancing in the U.S. Senate marks a sharp depar...

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Ukrainian ministry carries out first blockchain transactions

KIEV (Reuters) - Ukraine’s justice ministry carried out trial auctions using blockchain technology for the first time on Wednesday, part of an effort to improve transparency in government transactions. The project is part of a broader drive by the Ukrainian authorities to modernize state insti...

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House unanimously approves sweeping self-driving car measure

WASHINGTON (Reuters) - The U.S. House on Wednesday unanimously approved a sweeping proposal to speed the deployment of self-driving cars without human controls and bar states from blocking autonomous vehicles. The bill now goes to the Senate and would allow automakers to obtain exemptions to deploy ...

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Saudi sovereign fund, Softbank plan robotic initiative

DUBAI (Reuters) - Saudi Arabia’s main sovereign wealth investment fund and Japan’s Softbank Group plan to jointly study how robots can be used more effectively in government, business and society, they said on Wednesday. In the coming months, the Public Investment Fund (PIF) and the Japa...

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U.S. House unanimously approves sweeping self-driving car measure

WASHINGTON (Reuters) - The U.S. House on Wednesday unanimously approved a sweeping proposal to speed the deployment of self-driving cars without human controls and bar states from blocking autonomous vehicles. The bill now goes to the Senate and would allow automakers to obtain exemptions to deploy ...

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Mexico signs e-commerce deal with China's Alibaba Group

MEXICO CITY (Reuters) - Mexico’s government said on Wednesday it has inked a deal with Alibaba Group Holding Ltd, to get Mexican products and services, especially from small- and medium-sized firms, onto the top Chinese e-commerce firm’s platform. The deal comes as Mexican President Enri...

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U.S. Senate panel to look at self-driving commercial trucks

WASHINGTON (Reuters) - The U.S. Senate Commerce Committee plans a hearing next Wednesday on the future of self-driving commercial trucks that will include the chief executive of Navistar International Corp and safety advocates. A U.S. House bill aimed at speeding self-driving vehicles to market that...

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T-Mobile to offer free Netflix to some family plan customers

(Reuters) - T-Mobile US Inc said on Wednesday it will offer a free subscription to video streaming service Netflix Inc with its unlimited data family plans in a push to lure more subscribers in a highly competitive U.S. wireless market. T-Mobile, the No. 3 U.S. wireless carrier by subscribers, has b...

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Court orders Intel case review in EU antitrust blow

LUXEMBOURG/BRUSSELS (Reuters) - Europe’s top judges dealt a rare blow to European Union antitrust regulators on Wednesday by sending their case against U.S. chipmaker Intel Corp (INTC.O) back to court for an appeal. In a move that may have ramifications for EU cases against Qualcomm (QCOM.O) a...

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EU plans rule change to increase taxes on online giants

BRUSSELS (Reuters) - European Union finance ministers are set to discuss rule changes next week aimed at increasing taxes on digital multinationals such as Google and Amazon, an EU document seen by Reuters said. Online giants are facing increasing pressure in Europe over the low tax they pay, but st...

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EU regulators halt review of Qualcomm-NXP deal for second time

BRUSSELS (Reuters) - EU antitrust regulators have halted for a second time their review of U.S. smartphone chipmaker Qualcomm’s $38-billion bid for NXP Semiconductors after the companies failed to provide key details of the deal. The European Commission paused its investigation on Aug. 17, a f...

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Court orders Intel case review in blow to EU antitrust regulators

LUXEMBOURG/BRUSSELS (Reuters) - Europe’s top judges dealt a rare blow to European Union antitrust regulators on Wednesday by sending their case against chipmaker Intel back to a lower court for an appeal. In a move that may have ramifications for the EU watchdog’s cases against Qualcomm ...

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Sports e-commerce firm Fanatics closes $1 billion funding round led by SoftBank

New York (Reuters) - Sports e-commerce firm Fanatics has closed a $1 billion funding round led by SoftBank Group Corp’s Vision fund, which will give it the firepower to expand internationally, Chief Executive Doug Mack told Reuters. The new funding will value the Jacksonville, Florida-based co...

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Hackers gain entry into U.S., European energy sector, Symantec warns

WASHINGTON (Reuters) - Advanced hackers have targeted United States and European energy companies in a cyber espionage campaign that has in some cases successfully broken into the core systems that control the companies’ operations, according to researchers at the security firm Symantec. Malic...

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