China's Lenovo swings to full-year loss on M&A costs

A Lenovo logo is seen at the computer in Kiev, Ukraine April 21, 2016. Reuters/Gleb Garanich China's Lenovo Group Ltd on Thursday reported its first loss in six years, with earnings pulled down by acquisition and restructuring costs as well as weak sales of smartphones and personal computers (PCs). ...

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EU states approve plans to coordinate key mobile spectrum

The European flag flies outside of the La Canada shopping centre in Marbella, southern Spain January 23, 2013. Reuters/Jon Nazca EU member states approved plans on Thursday to coordinate the roll-out of a key spectrum across the 28-nation bloc to provide faster mobile broadband speeds and improve ac...

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Automakers, tech companies decide to make deals, not war

A driver displays Uber and Lyft ride sharing signs in his car windscreen in Santa Monica, California, U.S., May 23, 2016. Reuters/Lucy Nicholson/Files A flurry of deals between big automakers and ride hailing and transportation startups is rewriting the playbook in the contest to control the future ...

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Exclusive: In Ecuador cyber heist, thieves moved $9 million to 23 Hong Kong firms

A branch of the Banco del Austro is seen in Quito, Ecuador, May 17, 2016. Reuters/Guillermo Granja Cyber thieves who stole $12 million from an Ecuadorian bank in 2015 routed the funds through 23 companies registered in Hong Kong, some of them with no clear business activity, according to previously ...

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Exclusive: Bangladesh probes 2013 hack for links to central bank heist

Bangladesh police are reviewing a nearly forgotten 2013 cyber heist at the nation’s largest commercial bank for connections to February's $81 million heist at the country's central bank, a senior law enforcement official said on Wednesday. The unsolved theft of $250,000 at Sonali Bank involved...

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HP Inc's revenue falls about 11 percent on weak PC, printer sales

An attendee at the Microsoft Ignite technology conference walks past the Hewlett-Packard (HP) logo in Chicago, Illinois, May 4, 2015. Reuters/Jim Young HP Inc (HPQ.N), which houses the former Hewlett-Packard Co's legacy hardware business, reported lower-than-expected quarterly revenue as it struggle...

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India says Apple must sell locally-sourced goods to set up stores: source

A pedestrian walks past an Apple iPhone 6 advertisement at an electronics store in Mumbai, India, July 24, 2015. Reuters/Shailesh Andrade/File Photo India has said Apple Inc must meet a rule obliging foreign retailers to sell at least 30 percent locally-sourced goods if it wishes to open stores in t...

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Google self-driving car unit will open engineering center in Michigan

A Google self-driving car is seen inside a lobby at the Google headquarters in Mountain View, California November 13, 2015. Reuters/Stephen Lam Alphabet Inc's Google self-driving car project said Wednesday it will launch this year a new technology development center in suburban Detroit. The Mountain...

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Irish privacy watchdog refers Facebook's U.S. data transfers to EU court

A 3D-printed Facebook logo is seen in front of the logo of the European Union in this picture illustration made in Zenica, Bosnia and Herzegovina on May 15, 2015. Reuters/Dado Ruvic Data transfers to the United States by companies such as Facebook and Google face a renewed legal threat after the Iri...

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Exclusive: Apple explores charging stations for electric vehicles

Apple Inc (AAPL.O) is investigating how to charge electric cars, talking to charging station companies and hiring engineers with expertise in the area, according to people familiar with the matter and a review of LinkedIn profiles. For more than a year, Silicon Valley has been buzzing about Apple's ...

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Skimmers Found at Walmart: A Closer Look

Recent local news stories about credit card skimmers found in self-checkout lanes at some Walmart locations reminds me of a criminal sales pitch I saw recently for overlay skimmers made specifically for the very same card terminals. Much like the skimmers found at some Safeway locations earlier...

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Skimmers Found at Walmart: A Closer Look

Recent local news stories about credit card skimmers found in self-checkout lanes at some Walmart locations reminds me of a criminal sales pitch I saw recently for overlay skimmers made specifically for the very same card terminals. Much like the skimmers found at some Safeway locations earlier...

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SEC investigating Alibaba's accounting practices

Chairman and chief executive of Alibaba Group Jack Ma reacts during a session of ''Future-Proofing the Internet Economy'' at the World Economic Forum (WEF) in China's port city Dalian, September 9, 2015. Reuters/Jason Lee Alibaba Group Holding Ltd (BABA.N) said it was being investigated by the U.S. ...

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EU seeks to make buying online abroad easier, postage cheaper

An eBay sign is seen at an office building in San Jose, California May 28, 2014. Reuters/Beck Diefenbach/File Photo The European Commission proposed on Wednesday to ban Internet retailers from treating customers differently depending on where they live to encourage consumers to shop across the bloc ...

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EU to probe deeper relations between web platforms and businesses

A woman hovers a mouse over the Google and European Union logos in this April 15, 2015 photo illustration. Reuters/Dado Ruvic/Illustration/File Photo The European Commission will examine the terms of use of web platforms such as Google, Amazon and Apple Inc's App Store for businesses to decide wheth...

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Austria's FACC, hit by cyber fraud, fires CEO

An illustration picture shows a projection of binary code around the shadow of a man holding a laptop computer in an office in Warsaw June 24, 2013. Reuters/Kacper Pempel The head of Austrian aerospace parts maker FACC has been fired after the company was hit by a cyber fraud that cost it 42 million...

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HP Enterprise to merge IT services unit with Computer Sciences

Signs for Hewlett Packard Enterprise Co. cover the facade of the New York Stock Exchange November 2, 2015. Reuters/Brendan McDermid Hewlett Packard Enterprise Co said it would spin off and merge its struggling IT services business with Computer Sciences Corp, allowing the company to focus on its clo...

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Microsoft to quit mobile phone design, manufacturing: Finnish newspaper

A shadow of a man using his mobile phone is cast near Microsoft logo at the 2014 Computex exhibition in Taipei June 4, 2014. Reuters/Pichi Chuang Microsoft Corp (MSFT.O) will stop designing and manufacturing mobile phones, Finland's Helsingin Sanomat newspaper reported on its website citing an unnam...

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Foxconn says won't sell Sharp's solar power business

Taiwan's Foxconn said on Wednesday it will not sell Sharp Corp's (6753.T) solar power business, amid concerns from business partners over a possible closure of the struggling division. "We want to let you know that we are totally committed to this business," Foxconn founder Terry Gou and Tai Jeng-wu...

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Tech billionaire Thiel backing wrestler Hogan's Gawker lawsuit: Forbes

Billionaire investor Peter Thiel is helping wrestler Hulk Hogan bankroll his lawsuit against Gawker Media, according to a report in Forbes. Hogan, whose real name is Terry Bollea, in March won a $140 million jury verdict against Gawker in a privacy lawsuit stemming from a sex tape Gawker had publish...

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