Singapore explores rules to protect investors in cryptocurrencies

SINGAPORE (Reuters) - Singapore’s central bank is assessing whether additional regulations are required to protect investors in cryptocurrencies, an official said in a speech released on Thursday. The city-state - which is aiming to be a hub for financial technology and so-called initial coin ...

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Spotify plans to list shares, fend off Apple and Amazon

(Reuters) - Music streaming service Spotify on Wednesday filed for a direct listing of its shares, laying out financial data for the first time that cheered some analysts but led others to question how it could turn a profit from its growing subscriber base. Spotify, which wants to trade as SPOT on ...

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Facebook's Sandberg uses investor meeting to urge gender equality

SAN FRANCISCO (Reuters) - Facebook Inc Chief Operating Officer Sheryl Sandberg brought her message about workplace gender equality to a typically male domain on Wednesday, urging attendees at an investor conference to improve mentoring of junior female colleagues. Sandberg, the No. 2 executive at th...

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Spotify files for direct listing on New York Stock Exchange

(Reuters) - Music streaming service Spotify on Wednesday filed for a direct listing of its shares, taking an unusual path to the U.S. public markets for a large company. A direct listing will let Spotify list existing shares, owned by its investors and employees, without raising new capital or hirin...

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Facebook CFO says news feed changes will not have profound impact on ads

SAN FRANCISCO (Reuters) - The changes that Facebook Inc is making to its centerpiece News Feed to emphasize friends and family will not have a large impact on the social network’s ad business, Chief Financial Officer David Wehner said on Wednesday. “I don’t think the impact on the ...

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Facebook says finds no new evidence Russia interfered in Brexit referendum

(Reuters) - Facebook Inc has told a British parliamentary committee that further investigations have found no new evidence that Russia used social media to interfere in the June 2016 referendum in which Britain voted to leave the European Union. Facebook UK policy director Simon Milner in a letter o...

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Spotify files for direct listing of up to $1 billion

(Reuters) - Music streaming service Spotify on Wednesday became the first major company to file for a direct listing of up to $1 billion with the U.S. Securities and Exchange Commission. A direct listing is an unconventional way to pursue an IPO without raising new capital, helping the company elimi...

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Google's shopping rivals call for action from EU antitrust watchdog

BRUSSELS (Reuters) - Google competitors have called for further action by European Union antitrust regulators to ensure the Alphabet-owned firm treats rivals offering shopping services equally. Last year, Google said it would allow competitors to bid for ads at the top of a search page, giving them ...

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Google launches Slack competitor Hangouts Chat

SAN FRANCISCO (Reuters) - Google released an update to its internet chat tool Hangouts on Wednesday, aiming to make it suitable in workplaces so the Alphabet Inc unit can compete with business software makers including Microsoft Corp and Slack Technologies Inc. Hangouts Chat supports instant messagi...

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Facebook's EU regulator says WhatsApp yet to resolve data sharing issue

DUBLIN (Reuters) - WhatsApp has still not brought forward proposals to address EU regulators’ concerns over the messaging service’s sharing of user data with parent company Facebook, Facebook’s European regulator said on Wednesday. The popular messaging service changed its privacy ...

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India's Bharti Airtel wants to get out of towers, committed to Africa

BARCELONA (Reuters) - India’s Bharti Airtel is exploring merger and sale options for its mobile towers businesses as Chairman Sunil Bharti Mittal seeks to get out of the infrastructure game and focus on connectivity. Airtel, the world’s No.3 mobile operator by subscribers, also wants to ...

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Facebook expands presence in jobs market

(Reuters) - Facebook Inc said on Wednesday it was expanding the jobs section on its social network, as it looks to compete in a market dominated by Microsoft Corp’s LinkedIn. The expansion marks the tool’s international rollout a year after it was launched in the United States and Canada...

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Takeaway.com to keep on spending despite bigger loss in 2017

(Reuters) - Takeaway.com’s net loss increased by more than a third in 2017 but the food delivery group said it would continue to spend heavily on marketing as it fights for a bigger slice of the German market. The Dutch company is competing with rival Delivery Hero in Germany, which is Takeawa...

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Gene-editing startup Inscripta raises $55.5 million

(Reuters) - Inscripta said on Wednesday it raised $55.5 million in funding as the privately held biotech startup looks to strengthen its research team and speed up development and commercialization efforts of its gene-editing tools. The Boulder, Colorado-based company said the series C funding, whic...

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Amazon launches music streaming service in India

MUMBAI (Reuters) - Amazon.com Inc launched its music-streaming service in India on Wednesday, its latest offering to drive customers to shop more on its flagship e-commerce platform. Amazon Prime Music will be available at no extra cost to members of Prime, the world’s largest online retailer&...

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In Japan, Twitter sees a surge of users - and revenue

TOKYO/SAN FRANCISCO (Reuters) - Riding a wave of new users, improved advertising options and an embrace of video content by users and advertisers alike, Twitter Inc’s revenue has leaped in Japan, helping lead the company to its first quarterly profit. Earlier this month Twitter reported that s...

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Waymo seeks to reassure potential riders with new self-driving video

SAN FRANCISCO (Reuters) - Waymo on Wednesday showed off a 360-degree video to help people envision what it is like to ride inside an autonomous vehicle, as the Alphabet Inc company on the cusp of launching self-driving rides with real people hopes to win over potential passengers. Waymo said in a bl...

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China startup Nio hires eight banks for up to $2 billion U.S. IPO: sources

HONG KONG (Reuters) - Chinese electric vehicle startup Nio has hired eight banks including Morgan Stanley and Goldman Sachs to work on a planned U.S. stock market listing this year worth up to $2 billion, people with knowledge of the matter told Reuters. Other banks are Bank of America Merrill Lynch...

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U.S. House passes bill to penalize websites for sex trafficking

WASHINGTON (Reuters) - The U.S. House of Representatives on Tuesday overwhelmingly passed legislation to make it easier to penalize operators of websites that facilitate online sex trafficking, chipping away at a bedrock legal shield for the technology industry. The bill’s passage marks one of...

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House passes bill to penalize websites for sex trafficking

WASHINGTON (Reuters) - The U.S. House of Representatives on Tuesday overwhelmingly passed legislation to make it easier to penalize operators of websites that facilitate online sex trafficking, chipping away at a bedrock legal shield for the technology industry. The bill’s passage marks one of...

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Senate Democrats push for support to reinstate net neutrality

WASHINGTON (Reuters) - U.S. Senate Democrats launched efforts on Tuesday to win a vote to reinstate Obama-era rules guaranteeing an open internet, suggesting it would be a major issue in the 2018 mid-term elections. Democrats remain one Republican senator shy of winning a majority in the Senate to r...

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Amazon set to buy Ring in a deal valued at over $1 billion: source

(Reuters) - Amazon.com Inc is set to buy privately held Ring for more than $1 billion, a source familiar with the matter told Reuters, as the tech giant looks to expand into the home security space. Santa Monica, California-based Ring’s products include security cameras and video doorbells. &l...

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T-Mobile signs 5G network deals with Nokia and Ericsson

HELSINKI (Reuters) - U.S. wireless carrier T-Mobile said on Tuesday it would start building next-generation 5G networks around the United States with the help of Nordic equipment vendors Ericsson and Nokia. T-Mobile said it planned to build out 5G in 30 cities this year, with New York, Los Angeles, ...

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U.S. Supreme Court wrestles with Microsoft data privacy fight

WASHINGTON (Reuters) - Supreme Court justices on Tuesday wrestled with Microsoft Corp’s dispute with the U.S. Justice Department over whether prosecutors can force technology companies to hand over data stored overseas, with some signaling support for the government and others urging Congress ...

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Supreme Court wrestles with Microsoft data privacy fight

WASHINGTON (Reuters) - Supreme Court justices on Tuesday wrestled with Microsoft Corp’s dispute with the U.S. Justice Department over whether prosecutors can force technology companies to hand over data stored overseas, with some signaling support for the government and others urging Congress ...

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Google's Clips camera is latest effort to bring AI into home gadgets

SAN FRANCISCO (Reuters) - Babies, dogs and artificial intelligence. Alphabet Inc’s Google is betting this combination proves irresistible with the Tuesday launch of Google Clips, a pocket-sized digital camera that decides on its own whether an image is interesting enough to shoot. The $249 dev...

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U.S. Supreme Court wrestles with Microsoft privacy fight

WASHINGTON (Reuters) - Supreme Court justices on Tuesday appeared unsure how to resolve a dispute between Microsoft Corp(MSFT.O) and the Justice Department over whether U.S. law should allow prosecutors to compel technology companies to hand over data stored overseas. Chief Justice John Roberts and ...

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Moon to get first mobile phone network

BARCELONA (Reuters) - The moon will get its first mobile phone network next year, enabling high-definition streaming from the lunar landscape back to earth, part of a project to back the first privately funded moon mission. Vodafone Germany, network equipment maker Nokia and carmaker Audi (VOWG_p.DE...

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Ford launches self-driving pilot with delivery partners in Miami

(Reuters) - Ford Motor Co is taking a different approach from rival General Motors Co in deploying self-driving vehicles, focusing initially on partnering with and operating vehicles for a variety of companies, from Domino’s Pizza to Lyft, executives said. Ford said on Tuesday it has launched ...

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Fitbit slumps as new smartwatch fails to excite

(Reuters) - Fitbit Inc’s (FIT.N) shares fell 14 percent in early trading on Tuesday after the company said its newly launched smartwatch was not selling as expected, raising concerns about the company’s ability to become profitable again in the near term. The wearable device maker on Mon...

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