Wireless group urges U.S. court to reverse 'net neutrality' rules

A wireless trade association on Friday urged the full U.S. Court of Appeals for the District of Columbia to reverse a ruling upholding the Obama administration's landmark rules barring internet service providers from obstructing or slowing down consumer access to web content. A three-judge panel in ...

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Vivendi calls Mediaset Premium's business plan unrealistic, citing Deloitte

A woman walks walk past the main entrance of the entertainment-to-telecoms conglomerate Vivendi's headquarters in Paris April 8, 2015. Reuters/Gonzalo Fuentes/File Photo France's Vivendi reiterated on Friday that the business plan of Mediaset's pay-TV unit was based on "unrealistic assumptions". The...

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Mercedes pulls U.S. ad touting self-driving car: Automotive News

The Mercedes-Benz logo is pictured before the company's annual news conference in Stuttgart, Germany, February 4, 2016. Reuters/Michaela Rehle Mercedes-Benz has withdrawn an advert touting the self-driving qualities of its new E-Class model in the United States, Automotive News reported, following a...

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Google meets Italy's demands on data use practices

A woman holds her smart phone which displays the Google home page, in this picture illustration taken February 24, 2016. Reuters/Eric Gaillard/Illustration/Files Italy's data privacy regulator said on Friday Alphabet Inc's Google had met its requests to change the way it treats and stores user data ...

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Xerox's quarterly revenue falls 4.4 percent

The logo of Xerox company is seen on a building in Minsk, Belarus, March 21, 2016. Reuters/Vasily Fedosenko Xerox Corp reported a higher-than-expected quarterly profit as the printer and copier maker recorded lower restructuring charges. The company, which is splitting into two to separate its print...

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Exclusive: New York Fed asks Philippines to recover Bangladesh money

A security guard stands beside a logo of the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) posted at the main gate in Manila, Philippines April 28, 2016. Reuters/Romeo Ranoco The Federal Reserve Bank of New York has asked the Philippines' central bank to help Bangladesh Bank recover ...

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Exclusive: FBI investigates hacking of Democratic congressional group - sources

A lock icon, signifying an encrypted Internet connection, is seen on an Internet Explorer browser in a photo illustration in Paris April 15, 2014. Reuters/Mal Langsdon The FBI is investigating a cyber intrusion at the Democratic Congressional Campaign Committee (DCCC) that may be related to an earli...

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Microsoft to cut 2,850 more jobs

FILE PHOTO -- A Microsoft logo is seen a day after Microsoft Corp's $26.2 billion purchase of LinkedIn Corp, in Los Angeles, California, U.S. June 14, 2016. Reuters/Lucy Nicholson/File Photo Microsoft Corp said it would cut about 2,850 more jobs over the next 12 months, taking its total planned job ...

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Google-parent Alphabet revenue rises more than expected

A woman holds her smart phone which displays the Google home page, in this picture illustration taken February 24, 2016. Reuters/Eric Gaillard/Illustration/Files Google-parent Alphabet Inc's (GOOGL.O) revenue increased a bigger-than-expected 21.3 percent in the second quarter, driven by strong adver...

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Amazon revenue beats estimates as cloud sales surge

Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. Reuters/Mike Segar/File Photo Amazon.com Inc (AMZN.O) reported a better-than-expected rise in quarterly revenue, powered by blockbuster growth in its cloud services unit and an increase in subscri...

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Expedia quarterly profit slides

The logo of global online travel brand Expedia is pictured at the International Tourism Trade Fair (ITB) in Berlin, Germany, March 9, 2016. Reuters/Fabrizio Bensch Expedia Inc (EXPE.O), the world's largest online travel services company, said quarterly net income fell 93 percent from a year earlier ...

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Vivendi considers suing Mediaset for defamation: spokeswoman

French media giant Vivendi (VIV.PA) is considering suing Mediaset (MS.MI) for defamation after the Italian broadcaster denounced what it sees as an unacceptable u-turn on a deal regarding its pay-TV arm Premium. "Vivendi reserves the right to sue Mediaset for defamation," a Vivendi spokeswoman told ...

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Tesla gets vote of confidence from a top investor at Fidelity

BOSTON (Reuters) - The manager of Fidelity's OTC Portfolio, a top investor in Tesla Motors Inc and SolarCity Corp, gave the electric automaker's strategies a vote of confidence in his most recent commentary to fund shareholders.

Mediaset to seek damages from Vivendi over pay-TV deal

MILAN (Reuters) - The board of Italian broadcaster Mediaset said on Thursday it rejected an alternative proposal by Vivendi for the sale of its pay-TV unit and would seek legal action against the French media group.

Record online orders boosts GrubHub revenue, shares soar

(Reuters) - GrubHub Inc's revenue increased more than expected in the second quarter as a record number of people used its service to order meals online, sending the company's shares surging to a new year-high.

Nestle says to collaborate with Samsung to explore nutrition science

ZURICH (Reuters) - Nestle said it is teaming up with Samsung in a research project to explore the potential of nutrition science and digital sensor technologies.

Mercedes rejects claims about 'misleading' self-driving car ads

FRANKFURT (Reuters) - Mercedes-Benz has defended an advertising campaign for its new E-Class against allegations that consumers were being misled about the car's self-driving capabilities, the latest backlash by consumer groups in the wake of a fatal Tesla accident.

Facebook shares hit record high as it beats estimates again

(Reuters) - Facebook Inc is growing so fast analysts can't keep up.

Toy-robot maker Wonder Workshop raises $20 million in second funding round

(Reuters) - Wonder Workshop Inc, which makes toy robots that teach kids how to code, said it raised $20 million in its second round of funding and was looking to expand into new markets, especially China.

America Movil says to reduce Telekom Austria stake

VIENNA (Reuters) - America Movil said on Thursday it would cut its stake in Telekom Austria by 7.8 percentage points to just over 50 percent as a deadline neared for it to reduce its holding and increase the Austrian firm's free float.

Oracle to buy NetSuite in $9.3 billion deal

(Reuters) - Oracle Corp said it would buy NetSuite Inc in a deal valued at about $9.3 billion to expand into the fast-growing cloud market.

China issues regulations for online ride-hailing services

BEIJING (Reuters) - China has issued the final version of a policy to regulate booming online-ride hailing services, according to a document made public on Thursday, for a sector in which Uber Technologies Inc [UBER.UL] and Chinese rival Didi Chuxing compete aggressively.

SoftBank first-quarter profit flat, profits at domestic telecoms business solid

TOKYO (Reuters) - SoftBank Group Corp reported a 0.2 percent increase in first-quarter operating profit as solid profits in its domestic telecommunications business offset losses at U.S. unit Sprint Corp .

South Korea to expand tax benefits for R&D spending to drive new growth

SEOUL (Reuters) - South Korea's government plans to expand tax benefits for research and development of robotics and other technologies as it seeks out industries that could become new economic growth engines.

New crop of robots to vie for space in the operating room

CHICAGO (Reuters) - Even though many doctors see need for improvement, surgical robots are poised for big gains in operating rooms around the world.

Bytes and barrels: the origins of oil traders' love of Yahoo

NEW YORK (Reuters) - For the oil industry, Yahoo Inc's decision this week to sell its core business to Verizon Communications Inc for $4.8 billion does not matter all that much. Their world already changed a few months ago, when the company said it would jettison its messaging system that has been t...

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Brazil prosecutor freezes $11.7 million of Facebook funds due to WhatsApp case

SAO PAULO (Reuters) - The public federal prosecutor in the Brazilian state of Amazonas said on Wednesday the court there froze 38 million reais ($11.7 million) of funds held in Facebook Inc's account for failing to comply with a court order to supply data on users of the company's WhatsApp messaging...

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Samsung Electronics says second-quarter profit up 18 percent versus year earlier

SEOUL (Reuters) - South Korean tech giant Samsung Electronics Co Ltd said on Thursday its second-quarter operating profit rose 18 percent from a year earlier to its best in more than two years, propelled by a pickup in smartphone earnings.

Nintendo's Mario eyes a Mickey Mouse merchandising makeover

TOKYO (Reuters) - Flush with the stunning popularity of the Pokemon GO mobile game, Nintendo aims to make more from marketing popular characters such as Super Mario, taking a leaf from the Walt Disney playbook where Mickey Mouse and friends bring in billions of merchandising dollars each year.

Disappointing earnings revive speculation on Twitter's future

SAN FRANCISCO (Reuters) - Twitter Inc disappointed investors yet again on Tuesday with second-quarter earnings that missed estimates and a lower-than-expected outlook, reviving chatter about a possible sale of the company and the future of Chief Executive Officer Jack Dorsey.