Qualcomm, Broadcom plan to meet on February 14: sources

(Reuters) - Qualcomm Inc (QCOM.O) and Broadcom Ltd (AVGO.O) plan to meet on Wednesday to talk about the latter’s $121 billion acquisition offer, the first time the semiconductor companies will discuss the potential deal, people familiar with the matter said. The meeting comes after Broadcom ra...

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U.S., UK government websites infected with crypto-mining malware: report

(Reuters) - Thousands of websites, including ones run by U.S. and UK government agencies, were infected for several hours on Sunday with code that causes web browsers to secretly mine digital currencies, technology news site The Register reported. More than 4,200 sites were infected with a malicious...

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Games organizers confirm cyber attack, won't reveal source

PYEONGCHANG, South Korea (Reuters) - Pyeongchang Winter Olympics organizers confirmed on Sunday that the Games had fallen victim to a cyber attack during Friday’s opening ceremony, but they refused to reveal the source. The Games’ systems, including the internet and television services, ...

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Pyeongchang Games organizers probe possible cyberattack

PYEONGCHANG (Reuters) - Pyeongchang Olympics organizers were looking into a disruption of non-critical systems on the day of the opening ceremony but could not yet confirm if it was a cyberattack, Games spokesman Sung Baik-you said on Saturday. The Winter Olympics opened with a spectacular ceremony ...

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Porsche, Audi to develop joint electric car platform to save costs

FRANKFURT (Reuters) - Porsche and Audi, Volkswagen’s (VOWG_p.DE) main luxury car divisions, plan to develop a joint platform for electric vehicles that will enable them significantly cut down on costs, German newspapers quoted their chief executives as saying. “By 2025, we’re facin...

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Alibaba kicks off sponsor deal in Pyeongchang

PYEONGCHANG (Reuters) - Alibaba Group Holding Ltd (BABA.N) is launching a project that will create a “smarter” and more connected athletes’ village and stadia and make all Olympics stakeholders “more money”, its executives said on Saturday. Many of Alibaba’s plans...

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Exclusive: BMC Software explores IPO: sources

(Reuters) - U.S. business software company BMC Software Inc [BSII.UL] is holding conversations with investment banks about an initial public offering (IPO) that could value it at more than $10 billion, including debt, people familiar with the matter said on Friday. The move comes as the private equi...

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Amazon tests delivery in Los Angeles, shipping shares sink

(Reuters) - Amazon.com Inc (AMZN.O) is testing a program to ship its sellers’ goods, sending shares in FedEx and UPS tumbling even though analysts and the companies played down any near-term threat to the two global delivery businesses. Amazon is running “Shipping with Amazon” in L...

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Amazon hires NBC executive Salke to run video studio

(Reuters) - Amazon.com Inc (AMZN.O) has hired Jennifer Salke, president of NBC Entertainment, to run its video studio, the online retailer’s interim studio chief Albert Cheng said in a Twitter post on Friday. The move ended months of limbo for Amazon’s entertainment division. Amazon Stud...

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Waymo accepts $245 million and Uber's 'regret' to settle self-driving car dispute

SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] will pay $245 million worth of its own shares to Alphabet Inc’s (GOOGL.O) Waymo self-driving vehicle unit to settle a legal dispute over trade secrets, allowing Uber’s new chief executive to move past one of the company’s mo...

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Exclusive: Amazon eyes new warehouse in Brazil e-commerce push - sources

SAO PAULO (Reuters) - Amazon.com Inc (AMZN.O) is looking to lease a 50,000-square-meter warehouse just outside Sao Paulo, people familiar with the matter told Reuters, as it steps up its push into Latin America’s biggest retail market, Brazil. The logistics investment, which would be four time...

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Waymo and Uber settle trade secrets dispute, Uber CEO expresses 'regret'

SAN FRANCISCO (Reuters) - Alphabet Inc’s (GOOGL.O) Waymo self-driving vehicle unit and ride-hailing firm Uber Technologies Inc settled a bitter legal dispute, allowing Uber’s new chief executive to move past one of the company’s many public controversies. The settlement announcemen...

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Shares of UPS, FedEx fall after report Amazon to launch delivery service

(Reuters) - United Parcel Service Inc and FedEx Corp shares fell 2 percent on Friday, after a report said Amazon.com Inc is preparing to launch a delivery service for businesses, which would directly compete with the U.S. package delivery companies. The e-commerce company expects to roll out a new d...

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U.S. transportation agency calls March 1 'summit' on autonomous cars

WASHINGTON (Reuters) - Auto manufacturers, technology companies, road safety advocates and policy makers will attend a March 1 conference over potential government actions that could speed the rollout of autonomous cars, the U.S. Transportation Department said on Friday. Last month, Transportation S...

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Waymo and Uber reach settlement in trade secret case

(Reuters) - Alphabet Inc’s (GOOGL.O) Waymo self-driving vehicle unit and ride-hailing firm Uber Technologies Inc have settled their legal dispute over trade secrets, the two companies said on Friday. A trial to decide the case, which started earlier this week, has been dismissed by the judge. ...

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English Premier League rights bonanza kicks off with focus on Amazon

LONDON (Reuters) - England’s multi-billion pound Premier League rights auction kicked off on Friday with soccer fans waiting to see if a digital giant such as Amazon would enter the fray against pay-TV players Sky and BT. Officials running one of the most lucrative rights auctions in the world...

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Bitcoin may not be worth all the hoopla: N.Y. Fed blog post

NEW YORK (Reuters) - Bitcoin and other digital currencies have, so far, not been formidable competition for cash, checks or credit cards as a payment method in the United States and other major economies, according to two economists at New York Federal Reserve. Virtual currencies usually thrive as a...

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Gibraltar moves ahead with world's first initial coin offering rules

LONDON (Reuters) - Gibraltar will introduce the world’s first regulations for initial coin offerings with dedicated rules for the cryptocurrency sector whose fast growth has triggered concern among central bankers. They are worried about financial stability and protecting consumers but regulat...

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Google to use Getty Images content for its services

(Reuters) - Alphabet Inc’s Google will begin using content from Getty Images within its products and services as part of a multi-year licensing partnership, the photo agency said on Friday. Getty did not provide any more details. Reuters News, owned by Thomson Reuters Corp, competes with Getty...

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Facebook launches $10 million community leader awards

LONDON (Reuters) - Facebook (FB.O) launched a community leadership program on Friday that will award $10 million in total to more than 100 people who have successfully built groups on the social network as part of its push to create “meaningful” interactions. The initiative, announced at...

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