Unexpected high license growth fuels SAP second-quarter operating profit beat

The logo of German software group SAP is pictured at its headquarters in Walldorf, Germany, May 12, 2016. Reuters/Ralph Orlowski/File Photo Unexpectedly strong growth in high-margin packaged software licenses fueled quarterly earnings of Europe's largest software company SAP (SAPG.DE), which confirm...

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Twitter announces crackdown after online abuse of 'Ghostbusters' actor

Twitter Inc said Tuesday it had moved to permanently suspend a number of user accounts for abuse and harassment after Ghostbusters actor Leslie Jones on Monday drew renewed attention to the issue and announced she would quit the social media site. Jones retweeted and shared several abusive tweets sh...

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Pokemon Go's Japan launch delayed: TechCrunch

Game maker Niantic has delayed Wednesday's planned launch of Pokemon Go in Japan after a leak of a McDonald's Japan internal communication found its way to Internet forums, technology news site TechCrunch reported. TechCrunch, citing an unnamed source, said there were concerns among the companies th...

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GE to make $500 million productivity savings from industrial internet

General Electric Co will make $500 million of productivity savings in 2016 from using industrial internet applications, a company executive said on Wednesday. GE Chief Digital Officer Bill Ruh made the comments at a press conference in Shanghai, where the company also announced a partnership with Ch...

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Nintendo shares fall 8 percent after doubling on Pokemon GO craze

A Pokemon appears on the screen next to a woman as a man plays the augmented reality mobile game ''Pokemon Go'' by Nintendo in Bryant Park in New York City, U.S. July 11, 2016. Reuters/Mark Kauzlarich/File Photo Shares in Nintendo Co (7974.T) opened down 8 percent on Wednesday after the game operato...

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Seattle judge hears challenge to Uber, Lyft union law

A U.S. judge on Tuesday wrestled with whether a lawsuit could proceed against the city of Seattle over a local law which allows Uber and Lyft drivers to unionize. The litigation is unfolding amid a national debate over what level of benefits are owed to workers in the so-called "gig economy." Seattl...

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Gawker Media founder faces personal bankruptcy

Nick Denton, founder of Gawker, talks with his legal team before Terry Bollea, aka Hulk Hogan, testifies in court, in St Petersburg, Florida March 8, 2016. Reuters/Tampa Bay Times/John Pendygraft/Pool/File Photo Gawker Media LLC founder Nick Denton faces personal bankruptcy after a U.S. judge refuse...

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Brazil top court suspends ruling blocking WhatsApp message app

An illustration photo shows Whatsapp App logos on a mobile phone in Sao Paulo, Brazil, December 16, 2015. Reuters/Nacho Doce/File Photo Brazil's Federal Supreme Court on Tuesday suspended a ruling by a low-tier judge ordering wireless phone carriers to block access to Facebook Inc's WhatsApp, the th...

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Intuitive Surgical second-quarter profit jumps

A surgeon views a three-dimensional image on a da Vinci Xi Surgical System made by Intuitive Surgical during a demonstrated of the surgery robot at the Palomar Medical Center in Escondido, California December 3, 2014. Reuters/Mike Blake Intuitive Surgical Inc on Tuesday reported higher second-quarte...

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Microsoft adjusted revenue rises 2.1 percent

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 Microsoft Corp (MSFT.O) reported a 2.1 percent rise in quarterly adjusted revenue as growth in its cloud business helped to offset wea...

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IBM's full-year earnings forecast greeted with skepticism

People walk past an IBM logo during the Mobile World Congress in Barcelona, Spain February 25, 2016. Reuters/Albert Gea/File Photo IBM Corp (IBM.N) has given itself a tall order - a full-year profit target many analysts think it will have trouble meeting. Big Blue has made solid progress as it shift...

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Brazil judge orders phone carriers to block WhatsApp message app

An illustration photo shows Whatsapp App logos on a mobile phone in Sao Paulo, Brazil, December 16, 2015. Reuters/Nacho Doce/File Photo A Brazilian judge ordered wireless phone carriers to block access to Facebook Inc's WhatsApp indefinitely, starting on Tuesday, the third such incident against the ...

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SoftBank bid for ARM catches some hedge funds off guard

An ARM and SoftBank Group branded board is displayed at a news conference in London, Britain July 18, 2016. Reuters/Neil Hall A Dallas hedge fund was among investors betting on a fall in the price of ARM Holdings (ARM.L) when SoftBank Group's (9984.T) surprise $32 billion bid sent shares in the Brit...

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Tesla Motors changes web address to Tesla.com

A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. Reuters/Lucas Jackson/File Photo Electric vehicle maker Tesla Motors Inc has changed its internet address from teslamotors.com to tesla.com, hinting at a possible company name change as part of ...

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BlackBerry signs U.S. government deals in software push

A Blackberry smartphone is displayed in this August 12, 2010 illustrative photo. Reuters/Bobby Yip/File Photo BlackBerry Ltd said on Tuesday it had signed a five-year, multimillion-dollar deal to run emergency notifications for the U.S. Senate, among a handful of small deals the company unveiled as ...

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Twitter signs streaming deal with NBA for non-game programing

A 3D-printed logo for Twitter is seen in this picture illustration made in Zenica, Bosnia and Herzegovina on January 26, 2016. Reuters/Dado Ruvic/Illustration/File Photo Twitter Inc said on Tuesday it had signed a deal with the NBA to stream exclusive non-game programing. The NBA deal follows Twitte...

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Verizon among leading bidders for Yahoo's core business: Bloomberg

Leading bidders for Yahoo Inc's core business are Verizon Communications Inc, Quicken Loans Inc founder Dan Gilbert and Vector Capital Management, Bloomberg reported on Tuesday, citing people familiar with the matter. Yahoo, which is in the process of auctioning off its search and advertising busine...

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Dorsey's Square starts up UK operation for first European foray

Jack Dorsey, CEO of Square and CEO of Twitter, arrives at the New York Stock Exchange for the IPO of Square Inc., in New York November 19, 2015. Reuters/Lucas Jackson Square Inc, the mobile payments company run by Twitter Inc CEO Jack Dorsey, has incorporated a business called Squareup Europe Ltd in...

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Weak customer additions weigh on Netflix shares

The Netflix sign on is shown on an iPad in Encinitas, California, April 19,2013. Reuters/Mike Blake/File Photo Netflix Inc's shares looked set to open more than 13 percent lower after the video streaming company signed up far fewer subscribers than expected in the second quarter. Netflix, which has ...

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United States joins case over Facebook data transfers from EU

Computer screens display the Facebook sign-in screen in this photo illustration taken in Golden, Colorado, United States July 28, 2015. Reuters/Rick Wilking/File Photo The United States can join a landmark case on the legality of cross-border data transfers, an Irish court ruled on Tuesday in a move...

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EU court adviser backs data retention with strict rules

Servers for data storage are seen at Advania's Thor Data Center in Hafnarfjordur, Iceland August 7, 2015. Reuters/Sigtryggur Ari Telecoms operators in the European Union may be required to retain customer communications data as long as it is strictly necessary to fight serious crime and does not und...

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Drivers take Uber to UK tribunal in threat to business model

A London cab driver takes part in a protest by London cab drivers against Uber in central London, Britain February 10, 2016. Reuters/Stefan Wermuth Two drivers took Uber [UBER.UL] to a British employment tribunal on Tuesday, arguing that the ride service is acting unlawfully by not offering rights s...

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SoftBank's Son challenges investors to 'feel the force' of his $32 billion ARM gamble

SoftBank Corp (9984.T) founder Masayoshi Son, who created a $68 billion tech investment behemoth from a $50,000 start-up, has divided investors and analysts with his latest "crazy idea", the $32 billion acquisition of chip designer ARM Holdings (ARM.L). Visionary, risky, or both, the deal announced ...

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Baidu investor criticizes sale of video unit to CEO

Baidu Inc's (BIDU.O) proposed sale of online video unit iQiyi to its own chief executive is not in the interests of long-term shareholders and may permanently damage the reputation of the company, an investor in the Chinese internet firm said. In February, Baidu received an offer for its 80.5 percen...

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Nintendo shares up more than 10 percent in early trade

A ''Pidgey'' Pokemon is seen on the screen of the Pokemon Go mobile app, Nintendo's new scavenger hunt game which utilizes geo-positioning, in a photo illustration taken in downtown Toronto, Ontario, Canada July 11, 2016. Reuters/Chris Helgren/File Photo Shares of Japan's Nintendo Co soared 10 perce...

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Audi favors electric cars, services in new strategy: sources

A view shows the logo of Audi on a car in Moscow, Russia, July 6, 2016. Reuters/Maxim Zmeyev Audi will boost spending on digital technologies and electric cars over the next decade, sources at the German carmaker said, as it follows parent Volkswagen (VOWG_p.DE) in reshaping its business in the wake...

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Yahoo revenue rises as Internet business improves

A man walks past a Yahoo logo during the Mobile World Congress in Barcelona, Spain in this February 24, 2016 file photo. Reuters/Albert Gea/File Photo Yahoo Inc (YHOO.O) reported a 5.2 percent rise in total quarterly revenue, a sign of improvement in its troubled core Internet business it is auction...

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Brutality of Turkey's failed coup caught on phones, social media

A tank rolls through five lanes of deadlocked traffic towards the Bosphorus Bridge, crushing cars. A military helicopter shoots at people dashing across a highway. Mutinous soldiers open fire on civilians outside an air base. The brutality of Turkey's failed coup attempt, when soldiers commandeered ...

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IBM revenue beat estimates as shift to cloud pays off

An IBM chip is seen in Kiev, Ukraine April 21, 2016. Reuters/Gleb Garanich/File Photo International Business Machines Corp's quarterly revenue beat analysts' expectations as the company's shift to high-growth areas such as cloud-based services begins to yield results. Revenue from "strategic imperat...

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Netflix's subscription additions miss expectations

Video streaming service provider Netflix Inc (NFLX.O) forecast a slower-than-expected growth in U.S. and international subscriber additions this quarter, sending its shares sliding 16 percent. The company also reported subscription additions for the second quarter well below estimates and higher chu...

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