MTN in talks with Nigeria regulator to cut $3.9 billion fine and plan payment: Buhari

ABUJA (Reuters) - South African telecoms company MTN is in talks with Nigeria's telecoms regulator to reduce a $3.9 billion fine for failing to disconnect unregistered sim cards, and to arrange gradual payment, President Muhammadu Buhari said on Tuesday.

Orange needs invite from Bollore to look into Telecom Italia tie-up

CAIRO (Reuters) - Orange Chief Executive Officer Stephane Richard said he would look into the possibility of merging with Telecom Italia if French billionaire Vincent Bollore invited him to.

Aldi UK expands online product range

LONDON (Reuters) - German discount retailer Aldi [ALDIEI.UL] said on Tuesday it is expanding the range of products available on its British website for home delivery by adding non-food items such as electrical goods and garden tools.

China says 'resolutely opposed' to U.S. export restrictions on ZTE

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 New export restrictions against China's ZTE Corp (000063.SZ) for alleged Iran sanctions violations drew fire from the Chinese government, which s...

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Orbital eyes first customer for in-space satellite servicing

Orbital ATK Inc on Monday said it hopes to announce within the next six to eight weeks its first contract for a new "in space" service aimed at extending the life and uses of aging commercial satellites in geosynchronous orbit. Tom Wilson, vice president of strategy and business development at Orbit...

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Twitter praised for cracking down on use by Islamic State

A 3D printed logo of Twitter and an Islamic State flag are seen in this picture illustration taken February 18, 2016. Reuters/Dado Ruvic/Illustration Officials with the nonprofit Simon Wiesenthal Center praised Twitter Inc on Monday for increasing efforts to thwart Islamic State's use of its platfor...

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Justice Department asks for higher judge to hear New York iPhone case

A man displays a protest message on his iPhone at a small rally in support of Apple's refusal to help the FBI access the cell phone of a gunman involved in the killings of 14 people in San Bernardino, in Santa Monica, California, United States, February 23, 2016. Reuters/Lucy Nicholson The U.S. Just...

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Microsoft takes on Oracle, opening up database software to Linux

A Microsoft logo is seen at a pop-up site for the new Windows 10 operating system at Roosevelt Field in Garden City, New York July 29, 2015. Reuters/Shannon Stapleton Microsoft Corp (MSFT.O) planned on Monday to announce its move into a new business, unveiling a database software that works with a r...

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New York Fed denies systems breach after Bangladesh claim

The corner stone of The New York Federal Reserve Bank is seen in New York's financial district March 25, 2015. Reuters/Brendan McDermid The Federal Reserve Bank of New York denied that its payments systems were breached after Bangladesh's central bank said earlier on Monday that its U.S. account had...

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Alibaba's Ant Financial could be valued at nearly $60 billion: source

Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Reuters/Brendan McDermid Chinese e-commerce giant Alibaba Group Holding Ltd's (BABA.N) arm, Ant Financial Services Group, is seeking a valuation of nearly $60 billion in its current round...

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Online retailer Yoox Net-a-Porter adopts IBM software

Yoox Net-A-Porter Group placard is seen in Bologna, Italy, March 1, 2016. Reuters/Stefano Rellandini Online fashion retailer Yoox Net-a-Porter said on Monday it would adopt IBM's software to manage orders, replacing technology developed by Yoox and Net-a-Porter prior to their merger in October. Adop...

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Symphony financial messaging set for wide rollout this year - Goldman

The Wall Street bull statue is pictured in the Manhattan Borough of New York, December 23, 2014. Reuters/Carlo Allegri Symphony, the WhatsApp for the financial world, will significantly increase its user base this year at major institutions including a top asset manager, shareholder Goldman Sachs (G...

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Viacom CEO says he expects to renew deal with Dish next quarter

Philippe Dauman, president and CEO of Viacom, speaks at the Reuters Global Media Summit in New York December 2, 2010. Reuters/Brendan McDermid Viacom (VIAB.O) CEO Philippe Dauman said on Monday that he expects to renew its contract with Dish Network Corp (DISH.O) next quarter. "I am very confident w...

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German regulator well suited to investigate Facebook: EU's Vestager

BRUSSELS (Reuters) - Germany, which launched an investigation into social network Facebook last week, is well placed to handle the case, Europe's antitrust chief said on Monday.

Verizon Wireless to pay $1.35 million fine to settle U.S. privacy probe

People pass by a Verizon store at 100 Wall St. in New York's financial district May 12, 2015. Reuters/Brendan McDermid Verizon Communications Inc will pay a $1.35 million fine and agreed to a three-year consent decree after the Federal Communications Commission said on Monday it found the company's ...

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News Corp CEO to meet EU antitrust chief, Google in focus

BRUSSELS - News Corp's chief executive will meet the EU antitrust chief this week, the company said on Monday, with the focus expected to be on the EU's investigation into whether Internet search engine Google abused its dominance. CEO Robert Thomson will meet European Competition Commissioner Margr...

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Bangladesh central bank says U.S. account hacked, recovers some funds

Bangladesh's central bank said on Monday its U.S. account had been hacked and money had been stolen from it, but that it had recovered some of the funds. Bangladesh Bank said it had traced some of the money to the Philippines and was working with anti-money laundering authorities there. The bank did...

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U.S. Supreme Court rejects Apple e-books appeal

A man looks at his Apple iPad in front an Apple logo outside an Apple store in downtown Shanghai March 16, 2012. Reuters/Aly Song The U.S. Supreme Court on Monday declined to hear Apple Inc's challenge to an appellate court decision that it conspired with five publishers to increase e-book prices, m...

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SoftBank announces reorganization to boost investor confidence

SoftBank Group Corp Chairman and CEO Masayoshi Son attends a news conference in Tokyo, Japan, November 4, 2015. Reuters/Toru Hanai Japan's Softbank Group Corp (9984.T) plans to separate its domestic and overseas businesses and give them their own chief executives in its latest move to bolster shareh...

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T-Mobile US secures $2 billion boost ahead of spectrum auction

People pass by a T-Mobile store in the Brooklyn borough of New York June 4, 2015. Reuters/Brendan McDermid T-Mobile US (TMUS.O) said it can issue $2 billion in senior notes and sell them to its 65-percent shareholder Deutsche Telekom (DTEGn.DE), giving a potential boost to its financial firepower ah...

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Alibaba's Ant Financial could be valued at nearly $60 billion - source

Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Reuters/Brendan McDermid Chinese e-commerce giant Alibaba Group Holding Ltd's (BABA.N) arm, Ant Financial Services Group, is seeking a valuation of nearly $60 billion in its current round...

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DSP Group to see revenue boost from Samsung S7 chip win

People look at the new Samsung S7 during the Mobile World Congress in Barcelona, Spain February 23, 2016. Reuters/Albert Gea Multimedia chip designer DSP Group on Monday confirmed a report by Chipworks that its HDClear chip is a component in the new Samsung Galaxy S7 phone, a deal expected to signif...

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Now you're talking: human-like robot may one day care for dementia patients

With her brown hair, soft skin and expressive face, Nadine is a new brand of human-like robot that could one day, scientists hope, be used as a personal assistant or care provider for the elderly. The 1.7-metre tall Nadine was created in the likeness of its maker, Nadia Thalmann, a visiting professo...

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China angered by planned U.S. export restrictions on ZTE

China's Foreign Ministry expressed anger on Monday at the U.S. Commerce Department's plans to place export restrictions on Chinese telecoms equipment-maker ZTE Corp for allegedly violating U.S. export controls on Iran. The restrictions will take effect Tuesday, Reuters has learned, and apply to any ...

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Apple users targeted in first known Mac ransomware campaign

An Apple iPhone is pictured next to the logo of Apple in Bordeaux, southwestern France, February 26, 2016. Reuters/Regis Duvignau Apple Inc (AAPL.O) customers were targeted by hackers over the weekend in the first campaign against Macintosh computers using a pernicious type of software known as rans...

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Daimler CEO says digital mapping consortium in expansion talks

Daimler's Chief Executive (DAIGn.DE) told Reuters that a German auto maker consortium which controls the HERE digital mapping business is in talks with potential new members. In August last year, German carmakers BMW (BMWG.DE), Audi (VOWG_p.DE) and Mercedes (DAIGn.DE), agreed to pay 2.5 billion euro...

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ZTE says communicating with all parties after news of export restrictions

Visitors check out products at the ZTE stand at the Mobile World Congress in Barcelona, February 24, 2014. Reuters/Albert Gea Chinese telecommunication equipment maker ZTE Corp (000063.SZ) said on Sunday it is communicating aggressively with all parties after media reports that the company faces U.S...

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Amazon to restore encryption to Fire tablets after complaints

The new Amazon Fire tablet is displayed during a media event introducing new Amazon products in San Francisco, California September 16, 2015. Reuters/Beck Diefenbach Amazon.com Inc (AMZN.O) said it plans to restore an encryption feature on its Fire tablets after customers and privacy advocates criti...

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U.S. National Guard may join cyber offense against Islamic State: Carter

U.S. Defense Secretary Ash Carter (R) is briefed on the capabilities of the National Guard Cyber Unit at Joint base Lewis-McChord, Washington, March 4, 2016. Reuters/Tim D. Godbee/DoD photo/Handout via Reuters U.S. Defense Secretary Ash Carter said the National Guard's cyber squadrons will play an i...

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Apple case exposes ongoing government rift over encryption policy

FBI Director James Comey testifies during a House Judiciary hearing on ''The Encryption Tightrope: Balancing Americans' Security and Privacy'' on Capitol Hill in Washington in this March 1, 2016 file photo. Reuters/Joshua Roberts Even as the Department of Justice battles Apple in court over access t...

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