AMD's earnings top estimates as graphics chip demand rises

(Reuters) - Chipmaker AMD (AMD.O) on Tuesday reported fourth-quarter earnings and revenue that handily exceeded Wall Street forecasts, as it sold more graphics processors used in data centers and computers. Sunnyvale, California-based AMD said sales in its graphics and computing business, which make...

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EA's fourth-quarter revenue forecast tops estimates

(Reuters) - Videogame publisher Electronic Arts Inc (EA.O) expects the launch of the action-adventure video game, “A Way out”, to drive its revenue in the current quarter, sending its shares up more than 5.8 percent after the bell. The company forecast full-year adjusted revenue of $5.15...

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Facebook to ban cryptocurrency-related ads

(Reuters) - Facebook Inc said on Tuesday it will ban ads promoting financial products and services tied to cryptocurrencies and initial coin offerings. “We’ve created a new policy that prohibits ads that promote financial products and services that are frequently associated with misleadi...

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Exclusive: Coincheck hackers trying to move stolen cryptocurrency - executive

LONDON (Reuters) - Hackers who stole around $530 million worth of cryptocurrency from the Coincheck exchange last week -- one of the biggest such heists ever -- are trying to move the stolen “XEM” coins, the foundation behind the digital currency said on Tuesday. NEM Foundation, creators...

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U.S. agencies investigate Apple over slowing iPhones: Bloomberg

(Reuters) - The U.S. Department of Justice and the Securities and Exchange Commission are investigating whether Apple Inc violated securities laws concerning its disclosures that it slowed older iPhones with flagging batteries, Bloomberg reported on Tuesday. The government has requested information ...

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Exclusive: Coincheck hackers start moving stolen cryptocurrency - executive

LONDON (Reuters) - Hackers behind last week’s $530 million cryptocurrency heist -- one of the biggest ever -- have started to move and are trying to sell some of the stolen “XEM” coins, the vice president of the foundation behind the digital currency said on Tuesday. Jeff McDonald ...

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Drugs Tripped Up Suspects In First Known ATM “Jackpotting” Attacks in the US

On Jan. 27, 2018, KrebsOnSecurity published what this author thought a scoop about the first known incidence of U.S. ATMs being hit with “jackpotting” attacks, a crime in which thieves deploy malware that forces cash machines to spit out money like a loose Las Vegas slot machine. As it h...

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Drugs Tripped Up Suspects In First Known ATM “Jackpotting” Attacks in the US

On Jan. 27, 2018, KrebsOnSecurity published what this author thought a scoop about the first known incidence of U.S. ATMs being hit with “jackpotting” attacks, a crime in which thieves deploy malware that forces cash machines to spit out money like a loose Las Vegas slot machine. As it h...

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Exclusive: Coincheck hackers attempting to sell stolen cryptocurrency - executive

LONDON (Reuters) - Hackers behind last week’s $530 million cryptocurrency heist - one of the biggest ever - have started trying to sell some of the stolen “XEM” coins, the vice president of the foundation behind the digital currency said on Tuesday. Jeff McDonald of the NEM Foundat...

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Britain reviewing risks to its satellite-reliant infrastructure

LONDON (Reuters) - Britain is reviewing its reliance on satellite-based technology for critical infrastructure including the Global Positioning System (GPS) as the threat of jamming attacks and disruptions grows, a government report said on Tuesday. Emergency services, transport, communications and ...

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Pencil-maker Faber-Castell sharpens up for digital age

NUREMBERG, Germany (Reuters) - If the digital revolution is going to consign anything to the dustbin of history, you might think the humble pencil would be a leading contender. However, with such pastimes as doodling and coloring being touted as stressbusters to escape the daily grind and the relent...

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Amid angst over iPhone X, Wall Street braces for weak forecast from Apple

SAN FRANCISCO (Reuters) - When Apple Inc (AAPL.O) announces its first-quarter earnings on Thursday, investors will seek signs of whether the company’s $999 iPhone X launched last autumn was a Steve Jobs-style hit or, as more analysts suspect, a letdown. In recent weeks, Wall Street analysts ha...

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SAP forces the pace on cloud, buys $2.4 billion U.S. software firm

WALLDORF, Germany (Reuters) - Europe’s top technology company SAP (SAPG.DE) announced a $2.4 billion U.S. acquisition to help it boost revenues from its cloud platform and CEO Bill McDermott said it would streamline its overall business this year to bolster margins. The German company is midwa...

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BP invests $5 million in FreeWire in electric vehicle move

(Reuters) - BP Plc said it had invested $5 million in U.S. mobile electric vehicle charging company FreeWire, helping it provide rapid charging at its retail sites in Britain and Europe, as demand for cleaner vehicles is expected to soar. BP joins rival Royal Dutch Shell, which last year agreed to b...

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Canon sees 2018 profit jumping to decade high on cost cuts, medical unit

TOKYO (Reuters) - Japan’s Canon Inc said it expects operating profit to surge in 2018 to its highest level in a decade, helped by cost cuts in its copier and printer business as well as growth in new fields such as medical equipment and surveillance cameras. It forecast operating profit to ris...

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Uber sells vehicle lease portfolio of unit to startup firm Fair

(Reuters) - Ride-hailing firm Uber on Tuesday said it would sell vehicles and the existing lease portfolio of its auto-leasing business Xchange Leasing to startup digital car marketplace Fair. The companies did not disclose financial terms. “We bought every car in the portfolio that is subject...

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SAP talks up cloud business, buys $2.4 billion U.S. sales software firm

WALLDORF, Germany (Reuters) - SAP posted 2017 results on the lower side of market expectations after Chief Executive Bill McDermott had promised a “dynamite” final quarter in its cloud business, as Europe’s top technology company announced a $2.4 billion U.S. acquisition. Fourth-qu...

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Canon sees 2018 profit surging to decade high, diversification pays off

TOKYO (Reuters) - Japan’s Canon Inc said on Tuesday it expects operating profit to climb 27 percent in 2018 to its highest level in a decade, as it reaps the rewards of its efforts to diversify away from copiers and cameras. Canon forecast operating profit to rise to 420 billion yen ($3.9 bill...

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Canon sees 2018 profit jumping 27 percent as diversification pays off

TOKYO (Reuters) - Japan’s Canon Inc said on Tuesday it expects operating profit to climb 27 percent in 2018, marking its second consecutive year of profit gains as its efforts to diversify away from copiers and cameras pay off. Canon forecast operating profit to rise to 420 billion yen ($3.9 b...

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Fiat Chrysler, Waymo expand deal for self-driving public ride-hailing service

DETROIT (Reuters) - Fiat Chrysler Automobiles NV (FCA) will provide Waymo with thousands of Pacifica hybrid minivans as Alphabet Inc’s self-driving unit begins rolling out its first public ride-hailing service later this year, the companies said on Tuesday. Depending on its scope and scale, th...

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