EU competition chief says unclear when Apple tax probe will be decided

A sign is seen outside the Apple Store in Covent Garden in London, April 10, 2015. Reuters/Toby Melville A two-year investigation into whether Apple's (AAPL.O) tax deal with Irish authorities gave the iPhone maker an unfair advantage will take a lot longer because of the large amount of data involve...

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Brocade to buy Ruckus Wireless in $1.5 billion deal

Network gear maker Brocade Communications Systems Inc said on Monday it would buy Ruckus Wireless Inc in a cash and stock deal worth about $1.5 billion to add Ruckus's Wi-Fi products to its enterprise networking business. Based on Friday's closing prices, the deal values Sunnyvale, California-based ...

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3D Systems names former HP exec as CEO

Vyomesh Joshi, former Hewlett-Packard Vice President of imaging and printing group, makes a point during the Reuters Technology Summit in San Francisco, California May 19, 2010. Reuters/Robert Galbraith 3D printer maker 3D Systems Corp said it appointed former HP Inc executive Vyomesh Joshi as its p...

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VW to spend about half a billion euros on digital trucks by 2020

Signage at a Volkswagen dealership is seen in London, Britain, March 30, 2016. Reuters/Toby Melville Volkswagen's (VOWG_p.DE) truck division will spend about half a billion euros (398,634,681 million pounds) by the end of the decade to enhance digital features of heavy-goods vehicles as truckmakers ...

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Blackstone to buy majority of India's Mphasis in up to $1.1 billion deal

Blackstone Group LP (BX.N) has agreed to buy a majority stake in Indian IT outsourcing services provider Mphasis Ltd (MBFL.NS) from Hewlett Packard Enterprise Co (HPE.N), in a deal that will cost up to $1.1 billion. Blackstone will pay 430 rupees per share for 84 percent of HP Enterprise Co's 60.5 p...

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China's ZTE to name new management team on Tuesday: spokesman

The ZTE company logo is seen as a guest delivers a speech during the company's 15th anniversary celebration in Beijing in this April 18, 2013 file photo. Reuters/Barry Huang/Files Chinese telecom equipment and smartphone maker ZTE Corp will announce a new management team on Tuesday, a spokesman said...

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Tesla says Model 3 orders top $10 billion in first 36 hours

A Tesla Motors mass-market Model 3 electric car is seen in this handout picture from Tesla Motors on March 31, 2016. Reuters/Tesla Motors/Handout via Reuters Tesla Motors Inc said orders for its new Model 3 electric sedan topped 253,000 in the first 36 hours -- a fast start for the company's first m...

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FBI trick for breaking into iPhone likely to leak, limiting its use

The FBI's method for breaking into a locked iPhone 5c is unlikely to stay secret for long, according to senior Apple Inc engineers and outside experts. Once it is exposed, Apple should be able to plug the encryption hole, comforting iPhone users worried that losing physical possession of their devic...

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India's Reliance moves into fashion and lifestyle e-commerce

Mukesh Ambani, chairman of Reliance Industries Ltd., speaks during a convocation ceremony at Pandit Deendayal Petroleum University (PDPU) in Gandhinagar, in the western state of Gujarat, India, March 6, 2016. Reuters/Amit Dave Reliance Retail Ltd, the retail business of India's energy conglomerate R...

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Foxconn executive: Want to buy back Sharp's headquarters in Osaka

Hon Hai's Vice President Tai Jeng-wu speaks during a news conference to announce the company's agreement to acquire Sharp Corp in Taipei, Taiwan March 30, 2016. Reuters/Tyrone Siu Foxconn Vice Chairman Tai Jeng-wu said on Saturday he wanted Sharp Corp to use part of the funds it will raise from the ...

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FBI assures it will help authorities unlock devices when allowed by law

The Federal Bureau of Investigation has assured law enforcement across the United States that it will help unlock mobile devices such as iPhones involved in investigations when it is allowed by law and policy. The FBI said in a letter to local authorities that it understands the challenges they face...

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Exclusive: Time Inc considers taking on private equity partner for Yahoo bid

Time Inc (TIME.N) is considering partnering with a private equity firm on a bid for Yahoo Inc's (YHOO.O) core Internet assets, according to people familiar with the matter, as the U.S. publishing company seeks to boost its digital presence. The deliberations on finding a partner to help fund the pot...

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U.S. hospitals face growing ransomware threat: security group

The Hollywood Presbyterian Medical Center is pictured in Los Angeles, California February 16, 2016. Reuters/Mario Anzuoni U.S. hospitals should brace for a surge in "ransomware" attacks by cyber criminals who infect and shut down computer networks, then demand payment in return for unlocking them, a...

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Social media users raise concern after Reddit changes transparency report

A Reddit mascot is shown at the company's headquarters in San Francisco, California April 15, 2014. Reuters/Robert Galbraith Some social media users raised concerns on Friday over networking forum Reddit's removal from its site of a section that told users it had never received a certain type of sur...

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Reddit change sparks concerns about U.S. government spying

A Reddit mascot is shown at the company's headquarters in San Francisco, California April 15, 2014. Reuters/Robert Galbraith Digital privacy advocates and users of Reddit expressed their alarm on Friday over a change in the forum's transparency report that suggested it may have been asked to give cu...

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Slack raises $200 million in financing

Slack has raised $200 million in venture capital financing, boosting its valuation to $3.8 billion, the messaging software startup said on Friday. The latest funding round comes in spite of a contraction in venture capital investing for technology startups, amid widespread concern about high valuati...

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Bouygues focus on standalone strategy after Orange deal talks end

The Bouygues Telecom company logo is seen on a shop in Marseille, France, March 31, 2016. Reuters/Jean-Paul Pelissier Construction-to-media conglomerate Bouygues (BOUY.PA) said on Friday its board had been unanimous in deciding to end talks with state-controlled rival Orange (ORAN.PA) over the takeo...

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Energous charges up for more wireless licensing deals

Energous Corp (WATT.O), a developer of wireless technology for charging fitness wristbands and smartphones, is in talks to license its products to at least six potential customers, its chief executive said. The company, whose transmitter can charge multiple devices without contact, plans to launch i...

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Tech giants back U.S. EPA in climate rule legal challenge

Technology companies Google, Apple, Microsoft and Amazon on Friday declared support for the Obama administration in a lawsuit facing its central plan to combat climate change, saying the rule is needed to drive a transition to cleaner energy. As large energy users, the companies filed a joint amicus...

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Silver Lake to invest in Ancestry.com: sources

David Reese and Dana Gull, (R) try out software at the Ancestry.com booth at the Rootstech Conference, sponsored by Family Search, in Salt Lake City, Utah February 7, 2014. Reuters/George Frey Private equity firm Silver Lake Partners has agreed to acquire a minority stake in Ancestry.com in a deal t...

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