Disney reorganizes businesses, creates direct-to-consumer unit

LOS ANGELES (Reuters) - Walt Disney Co announced a reorganization on Wednesday that will create a new direct-to-consumer and international unit as the entertainment company adapts to a rapid shift toward online and mobile viewing. A screen shows the logo and a ticker symbol for The Walt Disney Compa...

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Bitcoin exchange reaches deal with Barclays for UK transactions

LONDON (Reuters) - One of the biggest bitcoin exchanges has struck a rare deal which will allow it to open a bank account with Britain’s Barclays, making it easier for UK customers of the exchange to buy and sell cryptocurrencies, the UK boss of the exchange said on Wednesday. Workers are seen...

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Facebook bans far-right group Britain First for inciting hatred

LONDON (Reuters) - Facebook said it banned Britain First from its platform for breaking rules against inciting hatred, blacklisting a far-right group brought to global attention when U.S. President Donald Trump retweeted its anti-Islamic posts. Balloons are seen in front of a logo at Facebook's head...

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Broadcom ends bid for Qualcomm after President Trump nixes deal

(Reuters) - Singapore-based Broadcom Ltd withdrew its $117 billion bid to acquire Qualcomm Inc on Wednesday, two days after U.S. President Donald Trump blocked the attempt citing national security concerns. Broadcom Limited company logo is pictured on an office building in Rancho Bernardo, Californi...

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Walmart expands home delivery in fight with Amazon

NEW YORK (Reuters) - Walmart Inc will expand its grocery home delivery services to more than 100 metro areas this year from an existing six cities as the retailer steps up a fight against rival Amazon.com Inc. A Wal-Mart Pickup-Grocery employee waits next to a truck at a test store in Bentonville, A...

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Broadcom ends bid for Qualcomm

(Reuters) - Singapore-based Broadcom Ltd on Wednesday withdrew its $117 billion bid to acquire Qualcomm Inc, two days after U.S. President Donald Trump blocked the attempt, citing national security concerns. Broadcom Limited company logo is pictured on an office building in Rancho Bernardo, Californ...

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France to sue Google, Apple over developer contracts: minister

PARIS (Reuters) - France will take Google (GOOGL.O) and Apple (AAPL.O) to court over contractual terms imposed by the tech giants on startups and developers, said Finance Minister Bruno Le Maire. FILE PHOTO: French Finance Minister Bruno Le Maire speaks during a news conference after a National Coun...

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Google to ban ads on cryptocurrencies, related products

(Reuters) - Alphabet Inc’s (GOOGL.O) Google said on Wednesday it will ban advertisements for cryptocurrencies and related content starting in June. The Google logo is pictured atop an office building in Irvine, California, U.S. August 7, 2017. REUTERS/Mike Blake Under the new policy, the compa...

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Broadcom to end bid for Qualcomm, keeps plan to move to U.S.: sources

(Reuters) - Singapore-based Broadcom Ltd (AVGO.O) is planning to scrap its bid for Qualcomm Inc (QCOM.O), after U.S. President Donald Trump blocked the chipmaker’s proposed acquisition on national security grounds earlier this week, although it will press on with its plan to move its base to t...

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YouTube to display Wikipedia blurbs alongside conspiracy videos

SAN FRANCISCO (Reuters) - YouTube will begin displaying text from Wikipedia articles and other websites alongside some videos in a couple of weeks as the unit of Alphabet Inc’s (GOOGL.O) Google attempts to combat hoaxes and conspiracy theories on the service, its chief executive said on Tuesda...

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Amazon launches first debit card in Mexico e-commerce push

MEXICO CITY (Reuters) - Amazon.com Inc launched its first-ever debit card on Tuesday in Mexico, part of a push to encourage shoppers without bank accounts to buy online. The logo of the web service Amazon is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration Internet...

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Judge rejects U.S. demand to exclude AT&T argument in Time Warner merger trial

WASHINGTON (Reuters) - AT&T Inc (T.N) can cite a voluntary commitment not to withhold content in licensing talks as a key part of its defense when an antitrust trial begins next week over the fate of the company’s planned $85 billion merger with Time Warner Inc (TWX.N), U.S. District Judge...

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Flash, Windows Users: It’s Time to Patch

Adobe and Microsoft each pushed critical security updates to their products today. Adobe’s got a new version of Flash Player available, and Microsoft released 14 updates covering more than 75 vulnerabilities, two of which were publicly disclosed prior to today’s patch release. The Micros...

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Flash, Windows Users: It’s Time to Patch

Adobe and Microsoft each pushed critical security updates to their products today. Adobe’s got a new version of Flash Player available, and Microsoft released 14 updates covering more than 75 vulnerabilities, two of which were publicly disclosed prior to today’s patch release. The Micros...

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Exclusive: G20 financial heads to urge crypto-asset monitoring to safeguard financial stability

BRUSSELS (Reuters) - The world’s financial leaders will call on international standard-setting bodies on March 20 for stronger monitoring of crypto-assets and to assess the need for a multilateral response as such assets could at some point threaten financial stability. Cryptocurrencies are se...

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Digital currency sales face rocky path with more regulatory focus

NEW YORK (Reuters) - A global regulatory crackdown on cryptocurrencies created by startups to finance new projects could slow the pace of virtual currency sales as questions mount about their transparency and the risk of scams for investors. FILE PHOTO - A bitcoin logo is seen at a facility of the Y...

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U.S. wants judge to exclude key AT&T argument in Time Warner merger trial

WASHINGTON (Reuters) - The U.S. Justice Department wants a judge to bar AT&T Inc (T.N) from using a voluntary commitment it made on licensing content as part of its defense when an antitrust trial begins next week over the fate of the company’s planned $85 billion merger with Time Warner I...

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Britain to consider taxing digital giants' revenue

LONDON (Reuters) - Britain said it was considering taxing the revenues of internet companies like Facebook (FB.O) and Google (GOOGL.O) until international tax rules are changed to cope with digital firms that can shift sales and profits between jurisdictions. A giant logo is seen at Facebook's headq...

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Broadcom to stay on deal path after Qualcomm halt: analysts

(Reuters) - Broadcom Ltd’s (AVGO.O) Chief Executive Hock Tan is unlikely to put the brakes on his acquisition spree after the microchip maker’s $117 billion bid for Qualcomm Inc (QCOM.O) was blocked by U.S. President Donald Trump on national security grounds, analysts said on Tuesday. Ho...

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Exclusive: Fitness app Strava overhauls map that revealed military positions

SAN FRANCISCO (Reuters) - Fitness-tracking app Strava said starting on Tuesday it will restrict access to an online map that shows where people run, cycle and swim and remove some data after researchers found it inadvertently revealed military posts and other sensitive sites. Strava’s heat map...

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