Dropbox's $7 billion IPO is a third from peak valuation

(Reuters) - Dropbox Inc (DBX.O) on Monday filed to go public, valuing the cloud storage company at up to $7.1 billion, nearly a third below a valuation three years ago, as concerns rose that it was not growing fast enough to justify a loftier price tag. The DropBox logo is seen in this illustration ...

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Apple to buy digital magazine service Texture

(Reuters) - Apple Inc (AAPL.O) will buy digital magazine service Texture, which lets users read titles for a monthly subscription fee, the iPhone maker said on Monday. FILE PHOTO: A man looks at the screen of his mobile phone in front of an Apple logo outside its store in Shanghai, China on July 30,...

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U.S. says Broadcom violated order in process of moving domicile

(Reuters) - Chipmaker Broadcom Ltd (AVGO.O) violated a U.S. Treasury Department order by not giving sufficient notice to a national security panel of its plans to redomicile in the United States, the Treasury said in a letter to the Singapore-based company. The logo of Qualcomm is seen during the Mo...

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Data breach victims can sue Yahoo in the United States: judge

(Reuters) - Yahoo has been ordered by a federal judge to face much of a lawsuit in the United States claiming that the personal information of all 3 billion users was compromised in a series of data breaches. A photo illustration shows a Yahoo logo on a smartphone in front of a displayed cyber code ...

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U.S. government says Broadcom violated order in Qualcomm merger bid

WASHINGTON (Reuters) - Chipmaker Broadcom Ltd (AVGO.O) violated an order from a national security panel in a bid to push for a merger with rival Qualcomm Inc (QCOM.O), the U.S. Treasury Department said in a letter. The logo of Qualcomm is seen during the Mobile World Congress in Barcelona, Spain Feb...

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Microsoft touts progress of chat app Teams in battle with Slack

SEATTLE (Reuters) - Microsoft Corp (MSFT.O) on Monday said 200,000 organizations are now using Teams, its year-old workplace collaboration software, up from 125,000 in September, a sign the company may be making some progress in its battle with Slack Technologies Inc. A Microsoft logo is seen in Los...

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Dropbox sees IPO price between $16 and $18 per share

(Reuters) - Data-sharing business Dropbox Inc (DBX.O) on Monday filed for an initial public offering of 36 million shares, giving the company a value of more than $7 billion at the higher end of the range. The DropBox logo is seen in this illustration photo July 28, 2017. REUTERS/Thomas White/Illust...

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Singapore-based Broadcom to redomicile to U.S. by April 3

(Reuters) - Singapore-based Broadcom Ltd (AVGO.O) said on Monday it expects to redomicile to the United States by April 3, two days before the chipmaker’s acquisition target Qualcomm Inc (QCOM.O) holds its annual shareholder meeting. A sign to the campus offices of chip maker Broadcom Ltd, is ...

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Trading in Samsung Elec to be halted for three days before stock split - Korea Exchange

SEOUL (Reuters) - South Korea’s stock exchange said on Monday that trading in Samsung Electronics Co Ltd’s shares will be halted for three days before the stock is split. The logo of Samsung is seen on a building during the Mobile World Congress in Barcelona, Spain February 25, 2018. REU...

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Japan's Coincheck to start repaying customers Monday after digital money heist

TOKYO (Reuters) - Japanese cryptocurrency exchange Coincheck Inc, reeling from government reprimands over lax standards after $530 million dollar theft of digital money, said it would from Monday start repaying customers affected by the heist. FILE PHOTO: Cryptocurrency exchange Coincheck's signboar...

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Artificial intelligence can make power firms more efficient: consultancy

FRANKFURT (Reuters) - Utilities can increase their efficiency by using more artificial intelligence (AI) technology, such as software to predict demand swings in the power grid or to control home appliances, consultancy Roland Berger said. European utilities could achieve efficiency gains of up to a...

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Checked Your Credit Since the Equifax Hack?

A recent consumer survey suggests that half of all Americans still haven’t checked their credit report since the Equifax breach last year exposed the Social Security numbers, dates of birth, addresses and other personal information on nearly 150 million people. If you’re in that fifty pe...

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Checked Your Credit Since the Equifax Hack?

A recent consumer survey suggests that half of all Americans still haven’t checked their credit report since the Equifax breach last year exposed the Social Security numbers, dates of birth, addresses and other personal information on nearly 150 million people. If you’re in that fifty pe...

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Amazon video service looking to expand Indian regional content

MUMBAI (Reuters) - Amazon.com Inc’s video service will look to add more regional content in India, two company executives said, as it competes with a host of global and local players for a bigger share of a fledgling online streaming market. FILE PHOTO: Employees of Amazon India are seen behin...

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Internet tycoon challenges Deutsche Telekom to team up on German broadband

FRANKFURT (Reuters) - The billionaire founder of United Internet has urged internet providers to found a joint company to build out Germany’s high-speed broadband network, challenging market leader Deutsche Telekom to back the venture. FILE PHOTO: A logo of Germany's telecommunications giant D...

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China eyes 'black tech' to boost security as parliament meets

BEIJING (Reuters) - At a highway check point on the outskirts of Beijing, local police are this week testing out a new security tool: smart glasses that can pick up facial features and car registration plates, and match them in real-time with a database of suspects.

Panasonic considers selling security camera factory in China: Nikkei

TOKYO (Reuters) - Panasonic Corp is considering selling a Chinese plant that makes security cameras in a deal it hopes will fetch over $450 million, the Nikkei reported on Saturday.

New German minister to challenge Google and Facebook's presentation of news

BERLIN (Reuters) - Germany’s incoming minister with responsibility for digital policy says she will push social media giants to make users’ information feeds more diverse and timely to avoid creating “echo chambers” for the like-minded. Companies such as Facebook have come un...

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Uber hails loan investors directly

NEW YORK (IFR) - Uber is bringing its disruptive force to the leveraged loan market, approaching institutional investors directly on a new debt sale.

Waymo's self-driving trucks to haul cargo for Google in Atlanta

(Reuters) - Waymo, the autonomous vehicle arm of Alphabet Inc (GOOGL.O), said on Friday it would launch a self-driving trucks pilot in Atlanta to carry cargo for Google’s data centers. FILE PHOTO: The Waymo logo is displayed during the North American International Auto Show in Detroit, Michiga...

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