Trump wants Postal Service to charge 'much more' for Amazon shipments

WASHINGTON/SEATTLE (Reuters) - President Donald Trump called on the U.S. Postal Service on Friday to charge “much more” to ship packages for Amazon (AMZN.O) Amazon, picking another fight with the online retail giant he has criticized in the past. “Why is the United States Post Offi...

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Amazon ordered not to pull in customers who can't spell 'Birkenstock'

FRANKFURT (Reuters) - Did you mean Birkenstock? A German court has ordered Amazon not to lure internet shoppers to its online marketplace when they mistakenly search for “Brikenstock”, “Birkenstok”, “Bierkenstock” and other variations in Google. The ruling is a vi...

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AT&T says all U.S. states will use its public safety netwowrk

NEW YORK (Reuters) - AT&T Inc said on Friday that all 50 U.S. states had decided to participate in the nationwide broadband network it is building for first responders as part of a $6.5 billion government contract. In March, the U.S. government awarded a contract to AT&T to build the network...

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Happy 8th Birthday, KrebsOnSecurity!

Eight years ago today I set aside my Washington Post press badge and became an independent here at KrebsOnSecurity.com. What a wild ride it has been. Thank you all, Dear Readers, for sticking with me and for helping to build a terrific community. This past year KrebsOnSecurity published nearly 160 s...

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Happy 8th Birthday, KrebsOnSecurity!

Eight years ago today I set aside my Washington Post press badge and became an independent here at KrebsOnSecurity.com. What a wild ride it has been. Thank you all, Dear Readers, for sticking with me and for helping to build a terrific community. This past year KrebsOnSecurity published nearly 160 s...

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Trump targets Amazon in call for postal service to hike prices

WASHINGTON (Reuters) - U.S. President Donald Trump on Friday targeted online retailer Amazon(AMZN.O) in a call for the country’s postal service to raise prices of shipments in order to recoup costs. “Why is the United States Post Office, which is losing many billions of dollars a year, w...

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South Korea students dive into virtual coins, even as regulators crack down

SEOUL (Reuters) - Hackers have stolen millions, lawmakers are pushing for new taxes and regulations, and a leading financial official has called them a “Ponzi scheme”. But that hasn’t cooled a frenzy for bitcoin and other virtual currencies that is gripping young investors in South...

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South Korea students dive into virtual coins, evens as regulators crack down

SEOUL (Reuters) - Hackers have stolen millions, lawmakers are pushing for new taxes and regulations, and a leading financial official has called them a “Ponzi scheme”. But that hasn’t cooled a frenzy for bitcoin and other virtual currencies that is gripping young investors in South...

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Hong Kong eyes blockbuster China tech IPO queue, led by Xiaomi

HONG KONG (Reuters) - Hong Kong bankers are eyeing a slew of blockbuster IPOs from Chinese technology firms with a total market capitalization of some $500 billion over the next two years, in a sharp contrast to 2017 - the city’s worst year for raising equity in a decade. If bankers’ exp...

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SoftBank succeeds in tender offer for Uber shares

(Reuters) - A consortium led by SoftBank Group Corp (9984.T) will buy a large number of shares of Uber Technologies Inc [UBER.UL] in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, in a victory for new Chief Executive Dara Khosrowshahi. The price is a roughly 30 perc...

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Apple apologizes after outcry over slowed iPhones

(Reuters) - Facing lawsuits and consumer outrage after it said it slowed older iPhones with flagging batteries, Apple Inc is slashing prices for battery replacements and will change its software to show users whether their phone battery is good. In a posting on its website Thursday, Apple apologized...

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SoftBank succeeds in bid buy Uber shares

(Reuters) - A consortium led by SoftBank Group Corp (9984.T) successfully bought a large number of shares of Uber Technologies Inc [UBER.UL] in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, handing a victory to new Chief Executive Dara Khosrowshahi. The price is a ...

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With lineup widening, Apple depends less on iPhone X

SAN FRANCISCO (Reuters) - In years past, demand for Apple Inc’s (AAPL.O) latest flagship phone was critical to the company’s results over the holiday shopping quarter. That dynamic might be changing, however, as Apple’s widening lineup of devices and services more than makes up for...

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SoftBank tender for Uber stake succeeds at discounted price: WSJ

(Reuters) - A consortium led by SoftBank Group Corp (9984.T) will buy a more than 15 percent stake in Uber Technologies Inc [UBER.UL] after existing investors in the ride services company agreed to sell shares at a price that values the startup at $48 billion, the Wall Street Journal reported on Thu...

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SoftBank tender for Uber stake succeeds: WSJ

(Reuters) - A consortium led by SoftBank Group Corp (9984.T) will go ahead with the purchase of a major stake in Uber Technologies Inc [UBER.UL] after existing investors in the ride services company agreed to sell shares at a price that values the startup at $48 billion, the Wall Street Journal repo...

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SoftBank succeeds in tender offer for large stake in Uber: WSJ

(Reuters) - SoftBank Group Corp (9984.T) has succeeded in its bid to buy a large stake in Uber Technologies Inc [UBER.UL] at a steep discount, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The ride-hailing company's investors and employees tendered shares equa...

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Apple, Epson face French legal complaints over allegedly shortening life of products

PARIS (Reuters) - Smartphone maker Apple (AAPL.O) and Japanese printer company Epson (6724.T) are facing legal complaints in France over allegedly speeding up the ageing process of their products to stimulate demand. A French consumer association called “HOP” -- standing for “Stop ...

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4 Years After Target, the Little Guy is the Target

Dec. 18 marked the fourth anniversary of this site breaking the news about a breach at Target involving some 40 million customer credit and debit cards. It has been fascinating in the years since that epic intrusion to see how organized cyber thieves have shifted from targeting big box retailers to ...

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4 Years After Target, the Little Guy is the Target

Dec. 18 marked the fourth anniversary of this site breaking the news about a breach at Target involving some 40 million customer credit and debit cards. It has been fascinating in the years since that epic intrusion to see how organized cyber thieves have shifted from targeting big box retailers to ...

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LG Display says did not supply OLED panels for Apple's iPhone X this year

SEOUL (Reuters) - South Korea’s LG Display Co Ltd on Thursday said it did not supply any organic light-emitting diode (OLED) panels for Apple’s iPhone X smartphones this year. In a regulatory filing, LG Display added that nothing has been decided about future panel supply for the iPhone ...

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