Adobe third-quarter revenue forecast largely below Wall St. estimates

Adobe company logos are seen in this picture illustration taken in Vienna July 9, 2013. Reuters/Leonhard Foeger/File Photo Photoshop maker Adobe Systems Inc forecast third-quarter revenue largely below analysts' estimates, sending the company's shares down 4.5 percent after the bell on Tuesday. Adob...

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Uber close to settling U.S. lawsuit over tips for drivers: filing

Ride service Uber is close to settling a class-action lawsuit over allegations it misled customers on how it shares gratuities with drivers, according to a court filing on Tuesday. Uber and attorneys for customers said in a joint filing that they intend to finalize a formal settlement in "approximat...

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Uber and Lyft rivals rush to Texas capital after fingerprint fight

Campaign signs concerning a municipal vote over fingerprint requirements for ride-hailing companies such as Uber and Lyft are seen along a roadway in Austin, Texas, May 6, 2016. Reuters/Jon Herskovitz/File Photo About a half dozen ride-hailing firms have rushed into Texas tech hub Austin after marke...

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U.S. unveils new rules on low-altitude drones

The Obama administration unveiled new rules Tuesday that will allow for low-level drone flights, but only within sight of an operator and not over people. Drones under the regulation must weigh less than 55 pounds (25 kg) and fly up to 400 feet (122 m) high and 100 miles per hour (161 km per hour), ...

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Twitter allows users to share 140-second videos

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 Twitter, known for its 140-character limit on tweets, is now allowing users to post longer videos - of up to 140 seconds. The microblogging s...

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Samsung Electronics says to invest $1.2 billion in U.S. for 'internet of things'

The company logo is displayed at the Samsung news conference at the Consumer Electronics Show (CES) in Las Vegas January 7, 2013. Reuters/Rick Wilking/File Photo - RTSGH9W Samsung Electronics Co Ltd (005930.KS), the world's top smartphone maker, said on Tuesday it plans to invest about $1.2 billion ...

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Instagram's user base grows to more than 500 million

A screen displays the Instagram logo during a presentation in New York December 12, 2013. Reuters/Lucas Jackson Instagram now boasts more than 500 million users, more than 80 percent of whom are outside the United States, the company said on Tuesday, in a sign of the photo-sharing app's rapidly grow...

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Intent Media buys software firm Voyat, aims to keep travel ad bucks away from Google

Intent Media, a privately held company that provides advertising tools for online travel agencies such as Expedia, is buying software startup Voyat in a bid to take travel ad dollars from search giants such as Alphabet Inc's Google, the companies said on Tuesday. Intent Media, whose investors includ...

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Tencent to buy Finnish gaming firm Supercell from SoftBank, others in $8.6 billion deal

China's biggest gaming and social network company Tencent Holdings said on Tuesday it will buy most of Finnish mobile gaming firm Supercell from SoftBank Group Corp and other shareholders in a deal valued at roughly $8.6 billion. Tencent will, over three installments, acquire about 84.3 percent of S...

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Proposals to curb online speech viewed as threat to open internet

Protesters from the Anonymous India group of hackers wear Guy Fawkes masks as they protest against laws they say gives the government control over censorship of internet usage in Mumbai, June 9, 2012. Reuters/Vivek Prakash At least a dozen countries are considering or have enacted laws restricting o...

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Chinese firm denies agreement with Tesla to build factory

A Tesla logo hang on a building outside of a Tesla dealership in New York, U.S., April 29, 2016. Reuters/Lucas Jackson/File Photo A Shanghai company denied a report that its controlling shareholder signed a non-binding agreement with Tesla Motors Inc to build a factory in Shanghai, according to the ...

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Bangladesh central bank officials to meet New York Fed over stolen funds

Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. To match Exclusive CYBER-HEIST/BANGLADESH Reuters/Ashikur Rahman/File Photo Bangladesh central bank officials will hold a meeting with the New York Federal Reserve next month to try and speed up efforts to re...

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Samsung Electronics bets on 5G to jump-start networks business

The logo of Samsung Electronics is seen at the company's headquarters in Seoul, South Korea July 6, 2012. Reuters/Lee Jae-Won/File Photo Trailing its rivals after misplaced bets on wireless technology standards, Samsung Electronics Co Ltd aims to become a global top-three player in 5G mobile network...

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Indonesia, South Korea central bank websites hit by cyber attacks; no losses

The logo of the Bank of Korea is seen on the top of its building in Seoul, South Korea, March 8, 2016. Reuters/Kim Hong-Ji/File Photo The central banks of Indonesia and South Korea have been hit by cyber attacks on their public websites since activist hacking group Anonymous pledged last month to ta...

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Dell software deal flexes Elliott's newly developed buyout muscle

A Dell logo is pictured on the side of a computer in this photo illustration in the Manhattan borough of New York October 12, 2015. Reuters/Carlo Allegri Elliott Management Corp's deal to acquire Dell Inc's software assets shows how the U.S. hedge fund and prominent activist investor is stepping up ...

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Uber is added to surge-pricing lawsuit, could prompt arbitration

Uber CEO Travis Kalanick speaks to students during an interaction at the Indian Institute of Technology (IIT) campus in Mumbai, India, January 19, 2016. Reuters/Danish Siddiqui A federal judge said Uber Technologies Inc can be added as a defendant in an antitrust lawsuit against its chief executive ...

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Fed internal watchdog to study oversight of cybersecurity at banks

The Federal Reserve headquarters in Washington September 16 2015. Reuters/Kevin Lamarque The Federal Reserve's internal watchdog plans to study how well the central bank is overseeing cybersecurity practices at financial institutions, the U.S. central bank said on Monday. The Office of Inspector Gen...

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Facebook investors OK new share class to keep Zuckerberg at helm

Facebook CEO Mark Zuckerberg holds a pair of the touch controllers for the Oculus Rift virtual reality headsets on stage during the Facebook F8 conference in San Francisco, California April 12, 2016. Reuters/Stephen Lam Facebook Inc shareholders approved a proposal to create a new class of non-votin...

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Shanghai emerging frontrunner for Tesla's China production: Bloomberg

A Tesla logo is pictured on the hub of a car during the second media day of the 86th International Motor Show in Geneva, Switzerland, March 2, 2016. Reuters/Denis Balibouse Tesla Motors Inc (TSLA.O) is eyeing Shanghai for its China production base in an investment that could be worth about $9 billio...

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Twitter buys machine-learning firm Magic Pony to boost image content

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 (TWTR.N) said on Monday it acquired London-based Magic Pony Technology, a machine-learning startup that specializes in...

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Kuka investor Loh says not planning counter bid to Midea offer

A Kuka technician programs a robot arm of German industrial robot maker Kuka at the company's stand during the Hannover Fair in Hanover, Germany, April 25, 2016. Reuters/Wolfgang Rattay German billionaire businessman Friedhelm Loh does not plan to launch a counter offer for German industrial robot m...

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Australian 'bitcoin founder' quietly bidding for patent empire

Craig Wright, the Australian who claimed to be the inventor of bitcoin, is attempting to build a large patent portfolio around the digital currency and technology underpinning it, according to associates of his and documents reviewed by Reuters. Since February, Wright has filed more than 50 patent a...

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Spotify monthly active user base reaches 100 million

Headphones are seen in front of a logo of online music streaming service Spotify in this February 18, 2014 illustration picture. Reuters/Christian Hartmann Swedish music streaming service Spotify said on Monday its user base had grown to 100 million, up from 75 million previously, as it pushed into ...

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Apple to lose weighting in Russell index, shares could fall

The Apple logo is pictured behind the clock at Grand Central Terminal in the Manhattan borough of New York, February 21, 2016. Reuters/Carlo Allegri After dropping more than $200 billion in market capitalization in one year, Apple shares could fall further as they are set to lose their weighting and...

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Wal-Mart in talks to sell China e-commerce platform to JD.com: WSJ

Aircraft flies over a Wal-Mart billboard in Mexico City March 24, 2015. Reuters/Edgard Garrido/File Photo Wal-Mart Stores Inc is in talks to sell its Chinese e-commerce business, Yihaodian, to JD.com Inc, the Wall Street Journal reported, citing people familiar with the situation. The exact terms of...

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Zegona in deal with Telia to buy Yoigo, needs smaller investor approval

A woman speaks on her mobile phone as she walks past a Yoigo shop in Madrid, April 26, 2011. Reuters/Andrea Comas British investment firm Zegona said it would push ahead with talks to buy Yoigo after reaching agreement with the Spanish budget mobile operator's biggest shareholder Telia. Zegona, set ...

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Toyota to build artificial intelligence-based driving systems in five years

Toyota Motor Corp is targeting developing in the next five years driver assistance systems that integrate artificial intelligence (AI) to improve vehicle safety, the head of its advanced research division said. Gill Pratt, CEO of recently set up Toyota Research Institute (TRI), the Japanese automake...

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Exclusive: Francisco Partners, Elliott near Dell software deal - sources

Dell logos are seen at its headquarters in Cyberjaya, outside Kuala Lumpur in this September 4, 2013 file photo. Reuters/Bazuki Muhammad/Files Buyout firm Francisco Partners and the private equity arm of activist hedge fund Elliott Management Corp are in advanced talks to acquire Dell Inc's software...

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Keyboard warriors: South Korea trains new frontline in decades-old war with North

In one college major at Seoul's elite Korea University, the courses are known only by number, and students keep their identities a secret from outsiders. The Cyber Defense curriculum, funded by the defense ministry, trains young keyboard warriors who get a free education in exchange for a seven-year...

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Uber's upstart rival in Pakistan uses rickshaws, low-tech phones

As taxi hailing giant Uber enters Pakistan, a little-known local competitor is counting on a mix of new ideas and old technology to tap what could be a big chunk of the market: low-income residents who travel in rickshaws, not cabs. Known as Rixi, the Lahore-based service hails rickshaws instead of ...

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