Google confirms investment in Indonesian ride-hailing firm Go-Jek

SINGAPORE (Reuters) - Google has made its first ride-hailing investment in Asia by pumping money into Go-Jek, as the Indonesian start-up and deep-pocketed rivals rapidly expand their app-based services and digital payments in Southeast Asia. The funding deepens Google's commitment to Indonesia's int...

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What's Zelle? Banks hope commercials get customers to notice the app

NEW YORK (Reuters) - Big U.S. banks are spending millions of dollars to promote Zelle, their digital payment service, by running commercials on major sports games and entertainment shows, as well as a YouTube campaign painting the app as simple and ubiquitous. The ads reflect a two-pronged effort by...

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Google says invests in Indonesian ride-hailing firm Go-Jek

SINGAPORE (Reuters) - Google has invested in Indonesian ride-hailing firm Go-Jek, as part of its strategy to support and participate in the growth of Indonesia’s internet economy, Caesar Sengupta, a vice president at Google said in a company blog. "This investment lets us partner with a great ...

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Facebook makes privacy push ahead of strict EU law

BRUSSELS (Reuters) - Facebook (FB.O) said on Monday it was publishing its privacy principles for the first time and rolling out educational videos to help users control who has access to their information, as it prepares for the start of a tough new EU data protection law. The videos will show users...

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Japan punishes Coincheck after $530 million cryptocurrency theft

TOKYO (Reuters) - Japan’s financial regulator on Monday ordered Coincheck to get its act together after hackers stole $530 million worth of digital money from its exchange, jolting the nation’s cryptocurrency market in one of the biggest cyber heists. The theft highlights the vulnerabili...

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Japan to punish hacked cryptocurrency exchange Coincheck on Monday

TOKYO (Reuters) - Japan’s financial regulator plans to slap an administrative punishment on cyrptocurrency exchange operator Coincheck Inc on Monday, the top government spokesman said, after the firm lost 58 billion yen ($534 million) worth of NEM coins to hackers. Tokyo-based Coincheck on Fri...

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Most Americans wary of self-driving cars: Reuters/Ipsos poll

(Reuters) - Two-thirds of Americans are uncomfortable about the idea of riding in self-driving cars, according to a Reuters/Ipsos opinion poll, underscoring one of many challenges for companies spending billions of dollars on the development of autonomous vehicles. While 27 percent of respondents sa...

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Trump security team sees building U.S. 5G network as option

WASHINGTON (Reuters) - President Donald Trump’s national security team is looking at options to counter China that include the U.S. government building a super-fast 5G wireless network, a senior administration official said on Sunday. The official, confirming the gist of a report from Axios.co...

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Hacked Tokyo cryptocurrency exchange to repay owners $425 million

TOKYO (Reuters) - Tokyo-based cryptocurrency exchange Coincheck Inc said on Sunday it would return about 46.3 billion yen ($425 million) of the virtual money it lost to hackers two days ago in one of the biggest-ever thefts of digital money. That amounts to nearly 90 percent of the 58 billion yen wo...

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ATM makers warn of 'jackpotting' hacks on U.S. machines

(Reuters) - Diebold Nixdorf Inc and NCR Corp, two of the world’s largest ATM makers, have warned that cyber criminals are targeting U.S. cash machines with tools that force them to spit out cash in hacking schemes known as “jackpotting.” The two ATM makers did not identify any vict...

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ATM maker warns of possible 'jackpotting' hacks on U.S. machines

(Reuters) - ATM maker Diebold Nixdorf Inc warned banks that hackers may be targeting U.S. cash machines with tools that force them to spit out cash, the latest development to highlight the increasing threat hackers pose to financial firms. The company said on Friday that U.S. authorities had warned ...

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Exclusive: Former Tezos board member says founders have caused a 'catastrophe'

ZUG, Switzerland/NEW YORK (Reuters) - The co-founders of a cryptocurrency project called Tezos have caused a “catastrophe” by making unfounded accusations against the president of a Swiss foundation that controls the money raised, a former board member told Reuters. In his first intervie...

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Mueller team interviewed Facebook staff in Russia probe: Wired

(Reuters) - Special Counsel Robert Mueller and his office have interviewed at least one member of a Facebook team that was associated with Donald Trump’s 2016 presidential campaign, Wired magazine reported on its website on Friday. The interview was part of Mueller's probe into alleg...

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Intel shares hit dotcom-era highs after bumper results

(Reuters) - Intel Inc’s (INTC.O) shares rose 7 percent on Friday to their highest in almost two decades, after strong results offered the clearest sign yet that its years-long effort to shift away from a slowing PC business was paying off. Shares of the company were trading at $48.50 on Friday...

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Intel shares hit dotcom-era highs on robust data center demand

(Reuters) - Intel Inc’s shares rose 6 percent on Friday to levels last seen during the dotcom boom 17 years ago, after strong results offered the clearest sign yet that its years-long effort to shift away from a slowing PC business was paying off. Investors were also comforted by Intel’s...

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G20 to work on 'answer' to Bitcoin risk: ECB's Coeure

DAVOS (Reuters) - International regulators are looking at the risks poised by cryptocurrencies such as Bitcoin and will work on their response at their next G20 meeting in March, a European Central Bank director said on Friday. “The international community is ... preparing an answer to that an...

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Walmart to launch online grocery delivery in Japan in deal with Rakuten

NEW YORK/TOKYO (Reuters) - Walmart has struck a partnership with e-commerce firm Rakuten Inc to launch an online grocery delivery service in Japan, its latest effort to forge an alliance with a popular homegrown chain to crack a competitive market. The world’s largest retailer, Wal-Mart Stores...

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Fujitsu in talks to sell mobile phone unit, highlighting fading Japanese presence

(Reuters) - Japan’s Fujitsu Ltd said on Friday it was in talks about selling its mobile phone business to investment fund Polaris Capital Group, becoming the latest Japanese electronics maker to withdraw from the sector. The sale, if realized, would leave just three Japanese electronics makers...

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Dell considering acquisitions or possible IPO: sources

(Reuters) - U.S. computer maker Dell Technologies Inc is exploring a range of options that could see the world’s largest privately held technology company grow further through acquisitions or going public, people familiar with the matter said on Thursday. Dell’s board of directors will m...

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Dell considering options including IPO, VMware merger: source

(Reuters) - PC-maker Dell Technologies Inc is considering strategic options including a public share offering and a merger with its majority owned New York-listed unit, VMware Inc (VMW.N), a source familiar with the matter told Reuters on Thursday. Dell is also considering a sale of its unit, Pivota...

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Facebook: Russian agents created 129 U.S. election events

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc said Russian agents created 129 events on the social media network during the 2016 U.S. election campaign, according to testimony to Congress, shedding more light on Russia’s purported disinformation drive aimed at voters. Facebook, in a writte...

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Western Digital's strong forecast eases fears of fading chip boom

(Reuters) - Western Digital Corp (WDC.O) gave strong profit forecasts for the current quarter and the full year on Thursday and said the flash memory market would grow faster this year, easing investor jitters that the surging demand for memory chips was fading. After a blistering year-and-a-half lo...

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Intel data center sales surge, warns of potential security flaw fallout

(Reuters) - Intel Corp (INTC.O) on Thursday gave a bullish forecast and blew past Wall Street expectations for the fourth quarter on the strength of data center sales, the business it sees as key to its transformation from a PC supplier. Intel stock rose 3.8 percent to $47.06, boosted by a 10 percen...

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Facebook tells Congress: Kaspersky cut from anti-virus choices for users

WASHINGTON (Reuters) - Facebook (FB.O) last year removed Moscow-based Kaspersky Lab from its list of anti-virus offerings to users who go to the social media site from a computer that may be infected with malicious code, the company told Congress on Thursday. Facebook said it no longer provided Kasp...

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Facebook says removed Kaspersky Lab from list of anti-virus choices last year

WASHINGTON (Reuters) - Facebook last year removed Moscow-based Kaspersky Lab from its list of anti-virus offerings made to users who access the social media site from a computer that may be infected with malicious code, the company told Congress in responses to questions from lawmakers made public o...

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Intel results beat estimates, warns of potential security flaw fallout

(Reuters) - Intel Corp (INTC.O) on Thursday gave a bullish forecast and blew past Wall Street profit and revenue expectations for the fourth quarter on the strength of data center sales, the business it sees as key to its transformation from a PC supplier. Intel stock rose 3.8 percent to $47.06, boo...

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Western Digital's revenue growth slightly tops estimates

(Reuters) - Western Digital Corp (WDC.O) reported a slightly better-than-expected 9.2 percent jump in quarterly revenue on Thursday, as it benefited from healthy pricing for NAND memory chips and strong demand for memory chips used in PCs and smartphones. The company’s revenue rose to $5.34 bi...

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Western Digital's quarterly revenue rises 9.2 percent

(Reuters) - Western Digital Corp (WDC.O) reported a 9.2 percent rise in quarterly revenue on Thursday, as it benefited from healthy NAND pricing and strong demand for its memory chips used in PCs and smartphones. The company’s revenue rose to $5.34 billion in the second quarter ended Dec. 29 f...

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Intel reports 4.1 percent rise in fourth-quarter revenue

(Reuters) - Intel Corp (INTC.O), which is rushing to fix recently disclosed security flaws in its chips, reported a 4.1 percent rise in quarterly revenue, helped by strong growth in its data center business. The company reported a loss of $687 million, or 15 cents per share, in the fourth quarter en...

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Benchmark Capital drops lawsuit against ex-Uber CEO Kalanick

(Reuters) - Silicon Valley venture firm Benchmark Capital’s lawsuit against former Uber Technologies Inc [UBER.UL] CEO Travis Kalanick was dismissed on Thursday by a Delaware judge following an agreement between the parties. The legal dispute began in August when Benchmark sued Kalanick in Del...

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