UK bans Kaspersky software from departments responsible for national security: FT

(Reuters) - The British government has banned its departments responsible for national security from using software made by Russia's Kaspersky Labs, the Financial Times reported on Friday, citing a letter sent to government officials. on.ft.com/2BuuWPU FILE PHOTO - A view shows the software produced...

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Tech firms tell patent court to ignore Allergan deal with tribe

(Reuters) - Over 30 technology companies including Alphabet Inc (GOOGL.O), Amazon.com Inc (AMZN.O) and Facebook Inc. (FB.O) on Friday urged a U.S. patent court to disregard drugmaker Allergan Plc’s (AGN.N) contention that its transfer of some of its patents to a Native American tribe shields t...

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Three Uber security managers resign after CEO criticizes practices

SAN FRANCISCO/WASHINGTON (Reuters) - Three senior managers in Uber Technologies Inc’s security unit resigned on Friday, an Uber spokesperson said, days after the company’s new chief executive officer disclosed a massive data breach and criticized past practices. FILE PHOTO: The Uber logo...

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Samsung to chase big M&A deals on three fronts, says strategy chief

HELSINKI (Reuters) - Samsung Electronics’ $8 billion purchase of automotive and audio electronics company Harman has given the technology conglomerate confidence to chase more big deals, its strategy chief said on Friday. Samsung Electronics Chief Strategy Officer Young Sohn poses for a pictur...

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Intesa CEO warns of Bitcoin 'bubble', urges global regulation: TV

MILAN (Reuters) - The head of Italy’s top retail bank Intesa Sanpaolo (ISP.MI) joined a growing chorus of Bitcoin critics, calling the wild gyrations in the price of the cryptocurrency a speculative bubble and saying global regulatory scrutiny was essential. FILE PHOTO - Carlo Messina, CEO of ...

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Uber security executives depart after CEO criticizes practices

SAN FRANCISCO (Reuters) - Two of Uber Technologies Inc’s most senior remaining security executives resigned on Friday and another took medical leave after the company’s new chief executive officer criticized past practices, a source familiar with the situation said. FILE PHOTO: The Uber ...

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BlackBerry loses payment dispute with Nokia, to pay $137 million

HELSINKI/TORONTO (Reuters) - An arbitration court ordered smartphone pioneer BlackBerry Ltd to pay $137 million to Nokia to settle a payment dispute and the Canadian company said it would pursue a separate patent infringement case against the Finnish firm. FILE PHOTO - A banner for BlackBerry Ltd ha...

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BlackBerry to pay Nokia $137 million in payment dispute

(Reuters) - Canadian software maker BlackBerry Ltd (BB.TO) (BB.N) said on Friday that it would pay Nokia Corp $137 million, according to a ruling by the International Court of Arbitration. A banner for BlackBerry Ltd hangs to celebrate the company's transfer trading to the New York Stock Exchange (N...

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'Clash of Clans' maker Supercell banks on few games

HELSINKI (Reuters) - “Clash of Clans” maker Supercell will focus on a few mobile games and kill off those which it does not expect to become a top-10 global hit, its chief executive said on Friday. Finnish game company Supercell Co-Founder and CEO Ilkka Paananen meets the press in the co...

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Germany removes Tesla from subsidies list as too pricey

BERLIN (Reuters) - A German government agency has removed Tesla from the list of electric cars eligible for subsidies, sparking a row with the U.S. company over whether its Model S is too expensive to qualify for the scheme. FILE PHOTO: A Tesla Model X is seen alongside a Model S at a Tesla electric...

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Tencent Music, Spotify in talks to swap stakes: WSJ

(Reuters) - The music group of China’s Tencent Holdings Ltd and Sweden’s Spotify AB are in talks to swap stakes up to 10 percent in each other’s businesses ahead of their expected public listings next year, the Wall Street Journal reported on Friday. Earphones are seen on a tablet ...

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Tesla switches on giant battery to shore up Australia's grid

HORNSDALE, Australia (Reuters) - Tesla Inc TLSA.O switched on the world’s biggest lithium ion battery on Friday in time to feed Australia’s shaky power grid for the first day of summer, meeting a promise by Elon Musk to build it in 100 days or give it free. South Australian Premier, Jay ...

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Amazon steps up pace in artificial intelligence race

LAS VEGAS (Reuters) - Amazon.com Inc this week announced a flurry of new machine learning features for its Amazon Web Services cloud computing business, raising its challenge to Silicon Valley’s biggest tech firms for the lead in artificial intelligence. FILE PHOTO - Amazon Web Services logo i...

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Qualcomm files new patent infringement complaints against Apple

(Reuters) - Qualcomm Inc (QCOM.O) said on Thursday it filed three new patent infringement complaints against Apple Inc (AAPL.O), saying there were 16 more of its patents that Apple was using in its iPhones. A sign on the Qualcomm campus is seen, as chip maker Broadcom Ltd announced an unsolicited bi...

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Now hiring? Amazon says its voice aide Alexa is ready for the office

(Reuters) - Amazon.com Inc (AMZN.O) wants to be your new executive assistant at work. The Amazon Echo, a voice-controlled virtual assistant, is seen at it's product launch for Britain and Germany in London, Britain, September 14, 2016. REUTER/Peter Hobson The company on Thursday said that Alexa, its...

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GM plans large-scale launch of self-driving cars in U.S. cities in 2019

SAN FRANCISCO/DETROIT (Reuters) - General Motors Co laid out its vision for self-driving vehicles on Thursday, telling investors it planned a commercial launch of fleets of fully autonomous robo-taxis in multiple dense urban environments in 2019, in a challenge to rivals such as Alphabet Inc’s...

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WhatsApp service resumes after worldwide outage

SAN FRANCISCO (Reuters) - Popular messaging app WhatsApp said on Thursday that users around the world had been unable to access its service for a brief period, but that access for its 1 billion daily users had since resumed. A man poses with a smartphone in front of displayed Whatsapp logo in this i...

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Goldman eschews bitcoin but wants to help clients crypto-trade

NEW YORK (Reuters) - Goldman Sachs Group Inc (GS.N) is trying to figure out how to cater to investors who want to trade bitcoin even though the digital currency remains too volatile for the Wall Street bank to trade itself, according to comments by a representative and its chief executive officer on...

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FDA clears first medical device accessory for Apple Watch

(Reuters) - The U.S. Food and Drug Administration on Thursday cleared a device embedded in an Apple Inc watch band that monitors a user’s heart rate, detects when something is amiss and prompts the user to take an electrocardiogram. Apple watches are seen at a new Apple store in Chicago, Illin...

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Dialog shares tank on report Apple to design own power chips

FRANKFURT (Reuters) - Apple is designing its own power-management chips for use in iPhones as early as 2018, the Nikkei business daily reported on Thursday, triggering a more than 20 percent slide in shares of supplier Dialog Semiconductor. FILE PHOTO: The new iPhone X is pictured at the Apple Store...

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Spotify investor favors spring listing

HELSINKI (Reuters) - Venture Capital firm Northzone, one of the largest stakeholders in Spotify, would like to see the music streaming company’s flotation in the spring, depending on market sentiment, one of its partners said on Thursday. FILE PHOTO: Headphones are seen in front of a logo of o...

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Apple to design its own power chips as early as 2018: Nikkei

(Reuters) - Apple Inc is designing its own main power management chips for use in iPhones as early as in 2018, the Nikkei business daily reported on Thursday citing sources. FILE PHOTO: The new iPhone X is pictured at the Apple Store Marche Saint-Germain in Paris, France, November 3, 2017. REUTERS/B...

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Executive who drove Uber's international expansion leaves

LONDON (Reuters) - Jambu Palaniappan, a driving force in the rapid international expansion of ride-hailing pioneer Uber, said on Thursday he was leaving to join a venture capital firm, the latest in more than a dozen top executive departures this year. An UberEATS food delivery scooter is seen parke...

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NATO mulls 'offensive defense' with cyber warfare rules

TARTU, Estonia (Reuters) - A group of NATO allies are considering a more muscular response to state-sponsored computer hackers that could involve using cyber attacks to bring down enemy networks, officials said. A man types into a keyboard during the Def Con hacker convention in Las Vegas, Nevada, U...

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Europe draws in nearly half of funds raised via initial coin offerings: report

LONDON (Reuters) - Nearly half of the cash that has poured into newly issued cryptocurrencies in recent years has been raised in Europe, research published on Thursday showed. FILE PHOTO: A copy of bitcoin standing on PC motherboard is seen in this illustration picture, October 26, 2017. REUTERS/Dad...

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Does Europe have what it takes to create the next Google?

LONDON (Reuters) - Europe is making major strides to eliminate barriers that have held back the region from developing tech firms that can compete on the scale of global giants Alphabet Inc’s Google, Amazon.com Inc or Tencent Holdings Inc, a report published on Thursday shows. The sign marking...

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Elon Musk to compete to fund high-speed Loop in Chicago

(Reuters) - Tech entrepreneur Elon Musk said on Tuesday The Boring Company will compete to fund, build and operate a high-speed Loop connecting O‘Hare Airport to downtown Chicago. Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the SpaceX Hyperloop Pod Co...

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Uber lawyer says board, ex-CEO knew of evidence withheld from Waymo case

SAN FRANCISCO (Reuters) - Uber Technologies Inc’s former chief executive and some board members knew of a letter alleging employees had stolen trade secrets, but the document was withheld from a high-stakes lawsuit, a company attorney testified on Wednesday. The Uber logo is seen on mobile tel...

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Facebook to eliminate transaction fees on donations on its platform

NEW YORK (Reuters) - Facebook Inc has eliminated transaction fees on donations made to non-profit organizations on its platform, Chief Executive Mark Zuckerberg said on Wednesday, a change that could help the world’s largest social media network expand its presence in online fund raising. Face...

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Bubble trouble? Bitcoin tops $11,000, but fades after sharp rally

LONDON/NEW YORK (Reuters) - Bitcoin zoomed past $11,000 (£8,185.5) to hit a record high for the sixth day in a row on Wednesday after gaining more than $1,000 in just 12 hours, stoking concerns that a rapidly swelling bubble could be set to burst in spectacular fashion. After soaring more than...

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