Algeria blocks Facebook, Twitter to stop exam cheats: state media

Logo of the Twitter and Facebook are seen through magnifier on display in this illustration taken in Sarajevo, Bosnia and Herzegovina, December 16, 2015. Reuters/Dado Ruvic Algerian authorities have temporarily blocked access to Facebook, Twitter and other social media sites to try to stop cheats po...

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Ant Financial looks to buy stake in Thai payments company

Ant Financial Services Group, Alibaba's financial services affiliate, is seeking to buy a 20 percent stake in Ascend Money, an online payment provider based in Thailand, according to a notice on the website of China's Ministry of Commerce. Alipay (Hong Kong) Holding Limited, part of Alibaba Group Ho...

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VR survival horror shocks E3 gamers

Screams of joy quickly turned to screams of fright for some gaming enthusiasts when they played a virtual reality demonstration from the popular “Resident Evil” video game franchise at this week’s E3 convention in Los Angeles. Attendees at the industry event were given the chance t...

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U.S. cable industry proposes allowing consumers to scrap set-top boxes

The U.S. pay-TV industry proposed a plan to allow more than 50 million subscribers to ditch costly set-top boxes to get television and video programs to try and convince federal regulators to abandon more far-reaching reforms. Tom Wheeler, chairman of the Federal Communications Commission, proposed ...

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Texas lawsuit seeks to overturn Austin fingerprint rule for Uber drivers

A taxi passes by an advertisement for the Uber car and ride-sharing service displayed on a bus stop in Paris, France, in this March 11, 2016 file photo. Reuters/Charles Platiau/File Photo - RTX2GONB An Austin City council member who is a strong supporter of ride-hailing companies Uber [UBER.UL] and ...

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Apple says iPhones still available for sale in China: CNBC

Sales staff welcome the customers to buy iPhone 6 and iPhone 6 Plus at an Apple store in Beijing, October 17, 2014. Reuters/Jason Lee/File photo Apple Inc (AAPL.O) said its iPhone 6 and 6 Plus were still available for sale in China after Beijing's intellectual property regulators barred their sales ...

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Dish blacks out NFL network

Dish Network Corp has dropped the National Football League-owned sports channels, NFL Network and NFL RedZone, from its programming lineup. The contract expired on Thursday evening, after the two parties were unable to come to terms on a new distribution agreement. The NFL said Dish was the first di...

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LG Electronics sells mosquito-repelling TV in India

LG Electronics' company logo is displayed at their news conference at the Consumer Electronics Show (CES) in Las Vegas January 7, 2013. Reuters/Rick Wilking The Indian arm of South Korea's LG Electronics Inc has begun selling a TV with a feature that it says repels mosquitoes, which can spread disea...

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Investors back rivals Uber and Didi, raising eyebrows

Ride-hailing companies Uber[UBER.UL] and Didi have brought many new dimensions to the startup industry, such as making billion-dollar-plus funding rounds routine. Now, they have added another to the list: sharing big investors who are backing both companies, even though they are fierce rivals. Uber,...

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Sun-powered phone charger gives migrants in Greece free electricity

For refugees and migrants stuck in Greece, a smartphone is a lifeline -- as long as its battery lasts. But access to electricity can be hard to find in overcrowded camps, nor is it always free in cafes where young and old crowd together over a socket, waiting anxiously to phone home. A team of stude...

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Sweden tests blockchain technology for land registry

Sweden is conducting tests to put the country's land registry system on blockchain, the underlying technology supporting the digital currency bitcoin, the Swedish Land Registry said on Thursday. The Scandinavian country is working on the project with Swedish blockchain company ChromaWay, consulting ...

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Bank of Canada studies payments system using tech behind bitcoin

A man is reflected in a window while walking past the Bank of Canada office in Ottawa, Ontario, Canada, May 25, 2016. Reuters/Chris Wattie The Bank of Canada is experimenting with a payments system based on the technology behind the bitcoin virtual currency, the central bank said on Thursday. Bank o...

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Israeli high-tech company extends hand to Gaza's programmers

The logo of Mellanox Technologies is seen on one of its office buildings in the northern Israeli town of Yokneam October 9, 2013. Reuters/Nir Elias Mellanox Technologies is looking to take advantage of a resource largely untapped by Israel's high-tech companies: Palestinians. Nasdaq-listed Mellanox ...

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Alibaba targets $1 trillion in transaction volumes by 2020

A sign of Alibaba Group is seen at CES (Consumer Electronics Show) Asia 2016 in Shanghai, China, May 12, 2016. Reuters/Aly Song/File Photo - RTX2G2TA Chinese e-commerce giant Alibaba Group Holding Ltd is aiming to double its annual transaction volume to over $1 trillion within four years, the firm's...

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Kuka wants agreement with suitor Midea on German jobs - source

The logo of German industrial robot maker Kuka is pictured on a Kuka robot arm during the Hannover Fair in Hanover, Germany, April 25, 2016. Reuters/Wolfgang Rattay Kuka aims to obtain a formal agreement from China's Midea to preserve German jobs and sites after its planned takeover of the industria...

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Zuckerberg's philanthropy project makes first major investment

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 - RTX29NVZ Facebook Inc (FB.O) founder Mark Zuckerberg's philanthropy venture ha...

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Meal delivery service app UberEATS launches in London

Ride-hailing company Uber launched its meal delivery service app UberEATS in London on Thursday, the second European city where users will be able to order food to their home, entering a burgeoning British market. The service, which is currently available in 17 cities around the world including Pari...

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Airbnb gets $1 billion debt facility from U.S. banks: source

A 3D printed people's models are seen in front of a displayed Airbnb logo in this illustration taken, June 8, 2016. Reuters/Dado Ruvic/Illustration Apartment-sharing startup Airbnb Inc has secured a $1 billion debt facility from some big U.S. banks to aid its new services and finance its expansion p...

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Microsoft opposes U.S. labor board ruling on contract worker rights

A Microsoft logo is seen in Los Angeles, California, U.S. June 14, 2016. Reuters/Lucy Nicholson Microsoft Corp has asked a federal court to throw out a ruling by a U.S. labor board extending the responsibility of companies for contract workers, arguing that the case would have big implications for t...

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U.S. attorney in Manhattan probes Bangladesh Bank cyber heist: source

Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman/File Photo The U.S. attorney's office in Manhattan has opened an investigation of the cyber heist of $81 million from Bangladesh Bank's account at the Federal Reserve Bank of New York, ...

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As Sharp, Japan Display struggle, smaller Japan tech firms thrive in OLED niche

A man looks at Samsung Electronics' first curved, super-thin OLED television set displayed at the main office of the company in Seoul June 27, 2013. Reuters/Lee Jae-Won/File Photo A glimmer of light for Japan's battered electronics sector: while Sharp Corp and Japan Display Inc lag South Korean riva...

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Tax breaks could lure another electric car factory to California

Atieva's Vice President of Design Derek Jenkins and Chief Technology Officer Peter Rawlinson are shown in this publicity photo shot in Menlo park, California U.S. and released to Reuters on June 14, 2016. Atieva/Handout via Reuters. Generous state tax benefits granted this year to Silicon Valley sta...

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Internet ruling could hit Verizon and AT&T's Yahoo pursuit

A Yahoo logo is pictured in front of a building in Rolle, 30 km (19 miles) east of Geneva, December 12, 2012. Reuters/Denis Balibouse/File photo A U.S. appeals court decision upholding government rules that would impose new restrictions on how internet providers collect user data could disadvantage ...

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Uber settles driver lawsuit over background checks

The logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street is seen in this photo illustration taken in Madrid on December 10, 2014. Reuters/Sergio Perez/Illustration/File Photo Uber has agreed to pay $7.5 million to settle a lawsuit brought by drivers over ba...

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Video game makers plunge deeper into virtual reality at E3

Virtual reality has yet to take off with the bulk of video gamers, but the industry is doubling down on its bet that one day it will. At the annual E3 video game showcase in Los Angeles this week, attendees strapped on VR headsets to peer into fantasy worlds, battle robotic creatures and command sta...

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China's Didi Chuxing raises $7 billion in new funding: WSJ

Chinese car-hailing app Didi Chuxing Technology Co has raised $7 billion in its latest fund raising effort, the Wall Street Journal reported, citing people familiar with the matter. Didi closed a $4.5 billion fundraising round that attracted $1 billion from Apple and $600 million from China Life Ins...

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Israeli augmented reality firm Lumus raises 15 million dollars

Lumus, a developer of technology for augmented reality, said on Wednesday it has received $15 million of funding led by Chinese investment group Shanda along with Zhejiang Crystal-Optech Co, (002273.SZ) a Chinese photo-electric component manufacturer. Lumus will use the funding to scale up productio...

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Cybercrime market sells servers for as little as 6 dollars to launch attacks

A magnifying glass is held in front of a computer screen in this picture illustration taken in Berlin May 21, 2013. Reuters/Pawel Kopczynski A major underground marketplace acting like an eBay for criminals is selling access to more than 70,000 compromised servers allowing buyers to carry out widesp...

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EU proposes cutting wholesale roaming rates

The European Union proposed on Wednesday cutting the wholesale roaming rates that telecoms operators pay each other when customers surf the Internet abroad to pave the way for the abolition of retail roaming charges by summer next year. The EU struck a deal a year ago to abolish mobile roaming charg...

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India dials back chip ambitions as investors spurn plant funding

India's ambitious plan to be a major player in semiconductors, taking on the Chinese and churning out locally-made chips for a new generation of smartphone users, has proved to be a little too ambitious. The government boldly announced three years ago it would host two new $5 billion chip plants as ...

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