Behind bitcoin boom, Japanese retail investors pile in

TOKYO (Reuters) - Japan’s army of retail investors, no strangers to high risk bets in the past, have emerged as a major force in bitcoin’s spectacular rally, now accounting for an estimated 30-50 percent of trading in the cryptocurrency as it spikes to record highs. FILE PHOTO: A logo of...

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Toyota, Panasonic consider joint development of EV batteries

TOKYO (Reuters) - Toyota Motor Corp and Panasonic Corp said on Wednesday they are considering jointly developing batteries for electric vehicles (EVs), a partnership that could help Panasonic extend its market lead in automotive lithium-ion batteries. Toyota Motor Corp President Akio Toyoda (L) and ...

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Toyota and Panasonic eye joint development of new EV batteries

TOKYO (Reuters) - Japan’s Panasonic Corp and Toyota Motor Corp said on Wednesday they will consider jointly developing batteries for electric vehicles. Toyota Motor Corp President Akio Toyoda (L) and Panasonic Corp President Kazuhiro Tsuga attend a joint news conference in Tokyo, Japan, Decemb...

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South Korea considers cryptocurrency tax as regulators grapple with 'speculative mania'

SEOUL (Reuters) - South Korea said on Wednesday it may tax capital gains from cryptocurrency trading as global regulators worried about a bubble, with Australia’s central bank chief warning of a ‘speculative mania” that has seen the digital asset making rip-roaring gains. FILE PHOT...

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AT&T begins testing high-speed internet over power lines

NEW YORK (Reuters) - AT&T Inc has started trials in Georgia state and a non-U.S. location to deliver high-speed internet over power lines, the No. 2 wireless carrier said on Wednesday, marking its latest push to offer faster broadband service to more customers. The AT&T logo is pictured duri...

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Founder of China's embattled LeEco placed on debt blacklist

SHANGHAI (Reuters) - The high-profile founder of struggling Chinese tech conglomerate LeEco has been placed on an official blacklist of debt defaulters, a further blow to a firm that had spent heavily to compete in areas from smart cars to online entertainment. Jia Yueting, co-founder and head of Le...

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Google launching artificial intelligence research center in China

BEIJING (Reuters) - Alphabet Inc’s Google said on Wednesday it is opening an artificial intelligence (AI) research center in China to target the country’s local talent, even as the U.S. search firm’s products remain blocked in the country. The Google logo is pictured atop an office...

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Ex-Trump aide Carter Page tells court to stop AT&T Time Warner deal

WASHINGTON (Reuters) - Former Trump campaign adviser Carter Page argued in court papers on Tuesday that AT&T Inc (T.N) should not be permitted to buy CNN parent Time Warner Inc (TWX.N) because there was a risk it would lead to “recklessness” in journalism. FILE PHOTO - One-time advis...

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Advocates ready legal showdown with FCC on net neutrality

WASHINGTON (Reuters) - Net neutrality advocates said they are gearing up for a legal fight after abandoning attempts to convince the U.S. Federal Communications Commission to keep 2015 rules aimed at maintaining an open internet. FILE PHOTO: Ajit Pai, Chairman of the Federal Communications Commissio...

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Trump signs into law U.S. government ban on Kaspersky Lab software

WASHINGTON (Reuters) - President Donald Trump signed into law on Tuesday legislation that bans the use of Kaspersky Lab within the U.S. government, capping a months-long effort to purge the Moscow-based antivirus firm from federal agencies amid concerns it was vulnerable to Kremlin influence. The lo...

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Bitcoin hits another record high in march toward $20,000

NEW YORK (Reuters) - Virtual currency bitcoin hit another all-time peak on Tuesday, two days after the launch of the first ever bitcoin futures on a U.S. exchange and ahead of the start of another futures contract next week, as investors grew optimistic that the $20,000-mark is within reach. A Bitco...

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Patch Tuesday, December 2017 Edition

The final Patch Tuesday of the year is upon us, with Adobe and Microsoft each issuing security updates for their software once again. Redmond fixed problems with various flavors of Windows, Microsoft Edge, Office, Exchange and its Malware Protection Engine. And of course Adobe’s got anoth...

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Patch Tuesday, December 2017 Edition

The final Patch Tuesday of the year is upon us, with Adobe and Microsoft each issuing security updates for their software once again. Redmond fixed problems with various flavors of Windows, Microsoft Edge, Office, Exchange and its Malware Protection Engine. And of course Adobe’s got anoth...

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Tezos director resigns, sowing more uncertainty at crypto startup

LONDON/ZURICH (Reuters) - One of the three board members of the Swiss foundation that conducted the online fundraiser for the embattled Tezos cryptocurrency tech project has resigned, Reuters has learned. Photo illustration shows detail of Tezos website, October 10, 2017. REUTERS/Dado Ruvic/Illustra...

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Twitter to let users make tweet threads more easily

(Reuters) - Twitter said on Tuesday it would add a pair of buttons that will allow users to more easily see and add new tweets to existing ones on the same topic. The Twitter logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2016. ...

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Lyft starts Canada service in first international foray

(Reuters) - U.S. ride-hailing firm Lyft Inc on Tuesday launched its service in Toronto, the first international market for the rival of much larger Uber Technologies Inc [UBER.UL]. FILE PHOTO: An illuminated sign appears in a Lyft ride-hailing car in Los Angeles, California, U.S. September 21, 2017....

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Facebook to book advertising revenue locally amid political pressure

BRUSSELS (Reuters) - Social media giant Facebook said on Tuesday it would start booking advertising revenue locally instead of re-routing it via its international headquarters in Dublin although the move is unlikely to result in it paying much more tax. FILE PHOTO: Facebook logo is seen at a start-u...

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AIG launches new cyber threat analysis to gauge companies' risks

(Reuters) - American International Group Inc (AIG.N) has ramped up its analysis for insuring against cyber attacks, using a system that scores a company’s risk of having a breach along with safeguards it has in place, the insurer said on Tuesday. FILE PHOTO: The AIG logo is seen at its buildin...

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PepsiCo makes biggest public pre-order of Tesla Semis: 100 trucks

SEATTLE (Reuters) - PepsiCo Inc (PEP.N) has reserved 100 of Tesla Inc’s (TSLA.O) new electric Semi trucks, the largest-known order of the big rig, as the maker of Mountain Dew soda and Doritos chips seeks to reduce fuel costs and fleet emissions, a company executive said on Tuesday. FILE PHOTO...

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Airbnb drops controversial payment card in France

PARIS (Reuters) - Short-term rental website Airbnb has agreed to withdraw a controversial payment system in France after government officials, including finance minister Bruno Le Maire, met with its managers on Monday. FILE PHOTO: French Finance Minister Bruno Le Maire delivers a speech as he attend...

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