Dorsey's Square starts up UK operation for first European foray

Jack Dorsey, CEO of Square and CEO of Twitter, arrives at the New York Stock Exchange for the IPO of Square Inc., in New York November 19, 2015. Reuters/Lucas Jackson Square Inc, the mobile payments company run by Twitter Inc CEO Jack Dorsey, has incorporated a business called Squareup Europe Ltd in...

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Weak customer additions weigh on Netflix shares

The Netflix sign on is shown on an iPad in Encinitas, California, April 19,2013. Reuters/Mike Blake/File Photo Netflix Inc's shares looked set to open more than 13 percent lower after the video streaming company signed up far fewer subscribers than expected in the second quarter. Netflix, which has ...

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United States joins case over Facebook data transfers from EU

Computer screens display the Facebook sign-in screen in this photo illustration taken in Golden, Colorado, United States July 28, 2015. Reuters/Rick Wilking/File Photo The United States can join a landmark case on the legality of cross-border data transfers, an Irish court ruled on Tuesday in a move...

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EU court adviser backs data retention with strict rules

Servers for data storage are seen at Advania's Thor Data Center in Hafnarfjordur, Iceland August 7, 2015. Reuters/Sigtryggur Ari Telecoms operators in the European Union may be required to retain customer communications data as long as it is strictly necessary to fight serious crime and does not und...

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Drivers take Uber to UK tribunal in threat to business model

A London cab driver takes part in a protest by London cab drivers against Uber in central London, Britain February 10, 2016. Reuters/Stefan Wermuth Two drivers took Uber [UBER.UL] to a British employment tribunal on Tuesday, arguing that the ride service is acting unlawfully by not offering rights s...

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SoftBank's Son challenges investors to 'feel the force' of his $32 billion ARM gamble

SoftBank Corp (9984.T) founder Masayoshi Son, who created a $68 billion tech investment behemoth from a $50,000 start-up, has divided investors and analysts with his latest "crazy idea", the $32 billion acquisition of chip designer ARM Holdings (ARM.L). Visionary, risky, or both, the deal announced ...

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Baidu investor criticizes sale of video unit to CEO

Baidu Inc's (BIDU.O) proposed sale of online video unit iQiyi to its own chief executive is not in the interests of long-term shareholders and may permanently damage the reputation of the company, an investor in the Chinese internet firm said. In February, Baidu received an offer for its 80.5 percen...

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Carbanak Gang Tied to Russian Security Firm?

Among the more plunderous cybercrime gangs is a group known as “Carbanak,” Eastern European hackers blamed for stealing more than a billion dollars from banks. Today we’ll examine some compelling clues that point to a connection between the Carbanak gang’s staging ground...

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Carbanak Gang Tied to Russian Security Firm?

Among the more plunderous cybercrime gangs is a group known as “Carbanak,” Eastern European hackers blamed for stealing more than a billion dollars from banks. Today we’ll examine some compelling clues that point to a connection between the Carbanak gang’s staging ground...

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Nintendo shares up more than 10 percent in early trade

A ''Pidgey'' Pokemon is seen on the screen of the Pokemon Go mobile app, Nintendo's new scavenger hunt game which utilizes geo-positioning, in a photo illustration taken in downtown Toronto, Ontario, Canada July 11, 2016. Reuters/Chris Helgren/File Photo Shares of Japan's Nintendo Co soared 10 perce...

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Audi favors electric cars, services in new strategy: sources

A view shows the logo of Audi on a car in Moscow, Russia, July 6, 2016. Reuters/Maxim Zmeyev Audi will boost spending on digital technologies and electric cars over the next decade, sources at the German carmaker said, as it follows parent Volkswagen (VOWG_p.DE) in reshaping its business in the wake...

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Yahoo revenue rises as Internet business improves

A man walks past a Yahoo logo during the Mobile World Congress in Barcelona, Spain in this February 24, 2016 file photo. Reuters/Albert Gea/File Photo Yahoo Inc (YHOO.O) reported a 5.2 percent rise in total quarterly revenue, a sign of improvement in its troubled core Internet business it is auction...

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Brutality of Turkey's failed coup caught on phones, social media

A tank rolls through five lanes of deadlocked traffic towards the Bosphorus Bridge, crushing cars. A military helicopter shoots at people dashing across a highway. Mutinous soldiers open fire on civilians outside an air base. The brutality of Turkey's failed coup attempt, when soldiers commandeered ...

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IBM revenue beat estimates as shift to cloud pays off

An IBM chip is seen in Kiev, Ukraine April 21, 2016. Reuters/Gleb Garanich/File Photo International Business Machines Corp's quarterly revenue beat analysts' expectations as the company's shift to high-growth areas such as cloud-based services begins to yield results. Revenue from "strategic imperat...

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Netflix's subscription additions miss expectations

Video streaming service provider Netflix Inc (NFLX.O) forecast a slower-than-expected growth in U.S. and international subscriber additions this quarter, sending its shares sliding 16 percent. The company also reported subscription additions for the second quarter well below estimates and higher chu...

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Uber reaches 2 billion rides six months after hitting its first billion

A taxi passes by an advertisement for the Uber car and ride-sharing service displayed on a bus stop in Paris, France, in this March 11, 2016 file photo. Reuters/Charles Platiau/File Photo Uber has completed more than 2 billion trips on its app, the company's chief executive said on Monday, a milesto...

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Spanish police issue safety tips for Pokemon Go gamers

Spanish police pose with ''Pokemon Go'' figures in this handout picture provided by the Spanish Interior Ministry on July 18, 2016. Spanish Interior Ministry/Handout via Reuters Spanish police issued guidelines on Monday on how to safely use augmented-reality video games after the release of the app...

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Germany to require 'black box' in autonomous cars

A self-driving car by Google is displayed at the Viva Technology event in Paris, France, June 30, 2016. Reuters/Benoit Tessier Germany plans new legislation to require manufacturers of cars equipped with an autopilot function to install a black box to help determine responsibility in the event of an...

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Brexit spurs 10 London start-ups to enquire about move to Berlin

A European Union flag is held in front of the Big Ben clock tower in Parliament Square during a 'March for Europe' demonstration against Britain's decision to leave the European Union, central London, Britain July 2, 2016. Reuters/Paul Hackett Ten London start-ups have made enquires about moving to ...

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Chinese $1.2 billion takeover of Norway's Opera fails, but alternative deal set

A Logo of Qihoo 360 is seen in Nanjing, Jiangsu province, November 2, 2014. Picture taken November 2, 2014. Reuters/China Daily A $1.24 billion agreed takeover of Norwegian online browser and advertising company Opera Software by a Chinese consortium of internet firms has failed, Opera said on Monda...

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