Walmart to launch online grocery delivery in Japan in deal with Rakuten

NEW YORK/TOKYO (Reuters) - Walmart has struck a partnership with e-commerce firm Rakuten Inc to launch an online grocery delivery service in Japan, its latest effort to forge an alliance with a popular homegrown chain to crack a competitive market. The world’s largest retailer, Wal-Mart Stores...

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Fujitsu in talks to sell mobile phone unit, highlighting fading Japanese presence

(Reuters) - Japan’s Fujitsu Ltd said on Friday it was in talks about selling its mobile phone business to investment fund Polaris Capital Group, becoming the latest Japanese electronics maker to withdraw from the sector. The sale, if realized, would leave just three Japanese electronics makers...

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Dell considering acquisitions or possible IPO: sources

(Reuters) - U.S. computer maker Dell Technologies Inc is exploring a range of options that could see the world’s largest privately held technology company grow further through acquisitions or going public, people familiar with the matter said on Thursday. Dell’s board of directors will m...

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Dell considering options including IPO, VMware merger: source

(Reuters) - PC-maker Dell Technologies Inc is considering strategic options including a public share offering and a merger with its majority owned New York-listed unit, VMware Inc (VMW.N), a source familiar with the matter told Reuters on Thursday. Dell is also considering a sale of its unit, Pivota...

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Facebook: Russian agents created 129 U.S. election events

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc said Russian agents created 129 events on the social media network during the 2016 U.S. election campaign, according to testimony to Congress, shedding more light on Russia’s purported disinformation drive aimed at voters. Facebook, in a writte...

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Western Digital's strong forecast eases fears of fading chip boom

(Reuters) - Western Digital Corp (WDC.O) gave strong profit forecasts for the current quarter and the full year on Thursday and said the flash memory market would grow faster this year, easing investor jitters that the surging demand for memory chips was fading. After a blistering year-and-a-half lo...

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Intel data center sales surge, warns of potential security flaw fallout

(Reuters) - Intel Corp (INTC.O) on Thursday gave a bullish forecast and blew past Wall Street expectations for the fourth quarter on the strength of data center sales, the business it sees as key to its transformation from a PC supplier. Intel stock rose 3.8 percent to $47.06, boosted by a 10 percen...

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Facebook tells Congress: Kaspersky cut from anti-virus choices for users

WASHINGTON (Reuters) - Facebook (FB.O) last year removed Moscow-based Kaspersky Lab from its list of anti-virus offerings to users who go to the social media site from a computer that may be infected with malicious code, the company told Congress on Thursday. Facebook said it no longer provided Kasp...

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Facebook says removed Kaspersky Lab from list of anti-virus choices last year

WASHINGTON (Reuters) - Facebook last year removed Moscow-based Kaspersky Lab from its list of anti-virus offerings made to users who access the social media site from a computer that may be infected with malicious code, the company told Congress in responses to questions from lawmakers made public o...

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Intel results beat estimates, warns of potential security flaw fallout

(Reuters) - Intel Corp (INTC.O) on Thursday gave a bullish forecast and blew past Wall Street profit and revenue expectations for the fourth quarter on the strength of data center sales, the business it sees as key to its transformation from a PC supplier. Intel stock rose 3.8 percent to $47.06, boo...

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Western Digital's revenue growth slightly tops estimates

(Reuters) - Western Digital Corp (WDC.O) reported a slightly better-than-expected 9.2 percent jump in quarterly revenue on Thursday, as it benefited from healthy pricing for NAND memory chips and strong demand for memory chips used in PCs and smartphones. The company’s revenue rose to $5.34 bi...

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Western Digital's quarterly revenue rises 9.2 percent

(Reuters) - Western Digital Corp (WDC.O) reported a 9.2 percent rise in quarterly revenue on Thursday, as it benefited from healthy NAND pricing and strong demand for its memory chips used in PCs and smartphones. The company’s revenue rose to $5.34 billion in the second quarter ended Dec. 29 f...

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Intel reports 4.1 percent rise in fourth-quarter revenue

(Reuters) - Intel Corp (INTC.O), which is rushing to fix recently disclosed security flaws in its chips, reported a 4.1 percent rise in quarterly revenue, helped by strong growth in its data center business. The company reported a loss of $687 million, or 15 cents per share, in the fourth quarter en...

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Benchmark Capital drops lawsuit against ex-Uber CEO Kalanick

(Reuters) - Silicon Valley venture firm Benchmark Capital’s lawsuit against former Uber Technologies Inc [UBER.UL] CEO Travis Kalanick was dismissed on Thursday by a Delaware judge following an agreement between the parties. The legal dispute began in August when Benchmark sued Kalanick in Del...

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Departing AmEx CEO Kenneth Chenault to join Airbnb board

(Reuters) - Departing American Express Co (AXP.N) Chief Executive Kenneth Chenault will become Airbnb Inc’s first non-affiliated independent board director, the home rental service’s CEO Brian Chesky said. This is the first addition to board since the company was founded in 2008, an Airb...

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Trading Technologies-Coinbase deal to bridge bitcoin and futures

NEW YORK (Reuters) - Trading software provider Trading Technologies International Inc said on Thursday it has teamed up with crypto-currency exchange operator Coinbase to give institutional traders direct market access to both bitcoin and bitcoin futures beginning in March. The partnership means tha...

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Google rolls out new addition to 'Mute This Ad' feature

(Reuters) - Alphabet Inc’s Google rolled out a new addition to its ads settings that will enable users to mute reminder ads in apps and on websites that partner with the company to show the ads. Reminder ads are reminders of a website that users have browsed in the past for a product. With the...

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Kaspersky Lab says is sure it will win legal proceeding in USA: RIA

MOSCOW (Reuters) - Moscow-based cyber security company Kaspersky Lab is sure that it will win its legal process in the United States and that a ban on the use of its products by the U.S. government will be lifted, it was quoted as saying by RIA news agency on Thursday. The United States banned civil...

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Britain should examine criminal use of cryptocurrencies: PM May

LONDON (Reuters) - Britain should take a serious look at cryptocurrencies such as Bitcoin because of the way they can be used by criminals, Prime Minister Theresa May said on Thursday. “Cryptocurrencies like Bitcoin, we should be looking at these very seriously, precisely because of the way th...

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Tech firms let Russia probe software widely used by U.S. government

WASHINGTON/MOSCOW (Reuters) - Major global technology providers SAP (SAPG.DE), Symantec (SYMC.O) and McAfee have allowed Russian authorities to hunt for vulnerabilities in software deeply embedded across the U.S. government, a Reuters investigation has found. The practice potentially jeopardizes the...

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