Facebook buying face-swapping app creator Masquerade

A man poses with a magnifier in front of a Facebook logo on display in this illustration taken in Sarajevo, Bosnia and Herzegovina, December 16, 2015. Reuters/Dado Ruvic/Files Facebook Inc is acquiring Masquerade Technologies Inc, creator of the popular face-swapping app MSQRD, the start-up said on ...

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Senators close to finishing encryption penalties legislation: sources

Senate Intelligence Committee chair Senator Dianne Feinstein (D-CA) (R) talks to reporters after coming out of the Senate in Washington December 9, 2014. Reuters/Gary Cameron Technology companies could face civil penalties for refusing to comply with court orders to help investigators access encrypt...

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Criminals in Bangladesh heist likely studied bank's inner workings

The corner stone of The New York Federal Reserve Bank is seen in New York's financial district March 25, 2015. The Federal Reserve should remain on track to raise interest rates later this year despite the U.S. economy's weak start to the year and a stock market sell-off... Reuters/Brendan McDermid ...

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NASA plans to fix Mars spacecraft leak then launch in 2018

The NASA Martian lander InSight dedicated to investigating the deep interior of Mars is seen in an undated artist's rendering. NASA on Wednesday said it would fix the InSight lander that was grounded in December due to a leak in its primary science instrument, putting the... Reuters/NASA/JPL-Caltech...

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Signs of life for Apple's stock as Wall St. eyes new iPhone

After months of declines in Apple's (AAPL.O) stock, sentiment appears to be mending as investors focus on steady earnings expectations and bet that the expected launch of a new iPhone will add badly-needed fuel to sputtering sales. Battered by nearly a year of off-and-on declines from record highs b...

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Yoox Net-A-Porter 2015 adjusted core profit up 26 percent

Yoox Net-A-Porter Group placard is seen in Bologna, Italy, March 1, 2016. Reuters/Stefano Rellandini Italian online fashion retailer Yoox Net-A-Porter (YNAP) posted a 26 percent increase in 2015 adjusted core profit as sales rose strongly driven by the recently merged group's more exclusive websites...

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Commercial satellite industry sees growing U.S. military demand

Matthew Desch, CEO of Iridium Communications, takes part in the Reuters Aerospace and Defense Summit in Washington September 8, 2011. Reuters/Molly Riley Satellite companies say the Pentagon is stepping up demand for commercial services as the U.S. Defense Department seeks to cut costs and shore up ...

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Intel buys Israeli 3D video tech firm Replay Technologies

Shadows are cast near the Intel logo at the 2015 Computex exhibition in Taipei, Taiwan, June 3, 2015. Reuters/Pichi Chuang Intel Corp (INTC.O) said on Wednesday it bought Israel's Replay Technologies, which developed a 3D video technology that has started to be used by U.S. professional sports broad...

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Bosch looking to smart devices to get ahead in the cloud

View of the entrance of German automotive parts manufacturer Robert Bosch Belgian plant in Tienen April 21, 2009. Reuters/Thierry Roge Robert Bosch GmbH [ROBG.UL] is taking on U.S. technology rivals by launching its own "cloud" computing network to connect up anything from cars to dishwashers via th...

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Aspect Software files for bankruptcy with creditor plan

Aspect Software Inc filed for bankruptcy on Wednesday with a plan backed by its creditors that would cut debt and bring the company out of Chapter 11 under the control of its lenders, according to court documents. Aspect's creditors agreed to eliminate $320 million of second-lien debt and convert $6...

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Court rules against Facebook 'like' button in German shopping case

A man walks in front of the Facebook logo at the new Facebook Innovation Hub during a preview media tour in Berlin, Germany, February 24, 2016. Reuters/Fabrizio Bensch/Files Facebook's "Like" button violates German and European privacy laws in a case brought by a consumer group against an online sho...

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Amazon to lease 20 Boeing aircraft for cargo delivery

The Boeing logo is seen at their headquarters in Chicago, April 24, 2013. Reuters/Jim Young Aircraft lessor Air Transport Services Group Inc said it would lease 20 Boeing 767 freighter planes to Amazon.com Inc as the online retailer looks to operate its own air cargo network. As part of the deal, Am...

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Going places: machine beats top Go player in win for artificial intelligence

Google's AlphaGo computer program on Wednesday won the first of five matches against one of the world's top players of a complex board game, Go, marking a dramatic advance for the field of artificial intelligence (AI). South Korean professional player Lee Sedol, the holder of 18 international titles...

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Clash of Clans maker reports higher 2015 profit and sales

A man dressed as a character from Clash of Clans mobile game uses at an ATM at the New York Comic Con in Manhattan, New York, October 8, 2015. Reuters/Andrew Kelly Finnish mobile games maker Supercell reported on Wednesday a rise in sales and core profit last year, due to the continuing success of h...

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Chinese pilot project could bring electronic tracking to all cars

Pedestrians walk across a bridge as cars travel along a main road on a hazy day in central Beijing August 12, 2011. Reuters/David Gray The southern city of Shenzhen became the first in China to issue electronic IDs to 200,000 vehicles as part of a pilot project that could eventually allow the real-t...

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Big U.S. banks to take on tech rivals with instant payments

Depositors at some of the largest U.S. banks are finally going to get the chance to do something quick and simple: send money to another person's account instantaneously by mobile phone. The idea has been in the works for at least five years, and in the meantime, Silicon Valley has made incursions i...

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Oclaro, other component makers slide after U.S. curbs on China's ZTE

Guests and employees chat under a ZTE company logo in front of the venue of the company's 15th anniversary celebration in Beijing April 18, 2013. Reuters/Barry Huang Little-known San Jose optical-parts maker Oclaro became the face of a U.S. ban on Tuesday as its shares led telecom-components makers ...

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Toshiba board to discuss sale of medical equipment unit Wednesday

The logo of Toshiba Corp is seen behind trees at its headquarters in Tokyo, Japan October 1, 2015. Reuters/Toru Hanai Toshiba Corp (6502.T) said its board of directors would hold a meeting on Wednesday to discuss the planned sale of its medical equipment unit and announce the outcome swiftly if a de...

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Samsung Elec to launch phone upgrade scheme in South Korea

A man tries out a Samsung Electronics mobile phone at its headquarters in Seoul, South Korea, January 6, 2016. Reuters/Kim Hong-Ji Tech giant Samsung Electronics Co Ltd on Wednesday said it will launch a phone upgrade program in South Korea this week that will allow subscribers to switch to a new pr...

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China's ZTE says suppliers need to apply for U.S. export license

The ZTE company logo is seen as a guest delivers a speech during the company's 15th anniversary celebration in Beijing April 18, 2013. Reuters/Barry Huang Chinese telecommunications equipment maker ZTE Corp said on Wednesday its suppliers must seek licences to provide materials, in line with newly i...

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DirecTV says all channels restored after two-hour outage

DirecTV satellite dishes are seen on an apartment roof in Los Angeles, California in this file photo taken May 18, 2014. Reuters/Jonathan Alcorn/Files DirecTV, the satellite TV provider owned by No. 2 U.S. wireless carrier AT&T Inc (T.N), said all channels have been restored after experiencing l...

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Toshiba board to discuss sale of medical equipment unit Wednesday

The logo of Toshiba Corp is seen behind trees at its headquarters in Tokyo, Japan October 1, 2015. Reuters/Toru Hanai Toshiba Corp (6502.T) said its board of directors would hold a meeting on Wednesday to discuss the planned sale of its medical equipment unit and announce the outcome swiftly if a de...

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DirecTV says multiple channels facing audio, video loss

DirecTV satellite dishes are seen on an apartment roof in Los Angeles, California in this file photo taken May 18, 2014. Reuters/Jonathan Alcorn/Files DirecTV, the satellite TV provider owned by No. 2 U.S. wireless carrier AT&T Inc (T.N), said multiple national channels were experiencing loss of...

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The World's Most Innovative Research Institutions

(Reuters) - Silicon Valley’s hoodie-wearing tech entrepreneurs are the poster kids of innovation. But the innovators who are really changing the world are more likely to wear labcoats and hold government-related jobs in Grenoble, Munich or Tokyo. That's the conclusion of Reuters’ Top 25 ...

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Canon front-runner with $6 billion bid for Toshiba Medical: Nikkei

A man walks past a Canon logo in Tokyo, Japan, October 27, 2015. Reuters/Toru Hanai Canon Inc is front-runner to buy the healthcare business of Toshiba Corp with a bid of over 700 billion yen ($6.2 billion), Japan's Nikkei newspaper reported. Toshiba, a laptops-to-nuclear conglomerate seeking cash t...

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Congress will hear from head of Google self-driving car project

Chris Urmson, Director of the Self Driving Cars Project at Google, gets out of a prototype self-driving car during a media preview of Google's prototype autonomous vehicles in Moutain View, California September 29, 2015. Reuters/Elijah Nouvelage The director of the Google self-driving car project an...

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Home Depot settles consumer lawsuit over big 2014 data breach

(Reuters) - Home Depot Inc has agreed to pay $13 million to compensate consumers affected by a massive 2014 data breach in which payment card or other personal data was stolen from more than 50 million people.

Top U.S. arms buyer to meet Raytheon CEO on long-delayed GPS ground system

WASHINGTON (Reuters) - Top Pentagon and Air Force officials will meet on Tuesday with Raytheon Chief Executive Tom Kennedy for another "deep dive review" of the company's long-delayed ground control system for next generation GPS satellites, U.S. defense officials said.

FCC chairman to unveil proposal for $9.25/month low-income broadband subsidy

WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission will circulate Tuesday a final proposal seeking approval for a $9.25 monthly subsidy for low-income Americans to get broadband Internet access, three officials briefed on the plan said.

Bionic fingertip gives sense of touch to amputee

A bionic fingertip has given an amputee the sensation of rough or smooth textures via electrodes implanted into nerves in his upper arm.