Uber CEO says company failed to disclose massive breach in 2016

(Reuters) - Uber Technologies Inc [UBER.UL] failed to disclose a massive breach last year that exposed the date of some 57 million users of the ride-sharing service, the company’s new chief executive officer said on Tuesday. FILE PHOTO: The logo of Uber is seen on an iPad, during a news confer...

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U.S. FCC chief plans to dump Obama-era 'net neutrality' policy

WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission unveiled plans on Tuesday to scrap landmark 2015 rules intended to ensure a free and open internet, moving to give broadband service providers sweeping power over what content consumers can access. FCC Chairman Ajit Pai, a...

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HP Enterprise CEO Meg Whitman to step down

(Reuters) - Hewlett Packard Enterprise Co said on Tuesday that Meg Whitman was stepping down as chief executive officer, sending its shares down 7.4 percent in trading after the bell. Hewlett Packard Enterprise CEO Meg Whitman is seen following an interview on CNBC on the floor of the New York Stock...

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Trump says AT&T plan to buy Time Warner 'not a good deal'

(Reuters) - U.S. President Donald Trump on Tuesday stood by his criticism of pay TV and wireless company AT&T’s deal to buy movie and TV show maker Time Warner Inc, which the Justice Department has sued to stop. “I‘m not going to get involved in litigation, but personally I&rsq...

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Russia to act against Google if Sputnik, RT get lower search rankings: official

SAN FRANCISCO/MOSCOW (Reuters) - The Kremlin will take action against Alphabet Inc’s (GOOGL.O) Google if articles from Russian news websites Sputnik and Russia Today are placed lower in search results, the Interfax news service cited Russia’s chief media regulator as saying on Tuesday. F...

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U.S. commission recommends tariffs to curb Samsung, LG washer imports

WASHINGTON (Reuters) - The U.S. International Trade Commission on Tuesday recommended tariffs to keep Samsung and LG from flooding the U.S. market with inexpensive washers, a step that would protect American appliance giant Whirlpool Corp. The logo of Samsung Electronics is seen in front of its offi...

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U.S. prosecutors charge Iranian in 'Game of Thrones' hack

(Reuters) - U.S. prosecutors have charged an Iranian national with hacking into cable TV network HBO and stealing episodes and plot summaries for unaired programs including “Game of Thrones,” then threatening to release the data unless he was paid $6 million. FILE PHOTO - Fans wait for g...

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FCC chief plans to ditch U.S. 'net neutrality' rules

WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission unveiled plans on Tuesday to repeal landmark 2015 rules that prohibited internet service providers from impeding consumer access to web content in a move that promises to recast the digital landscape. Ajit Pai, Chairman of...

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U.S. commission calls for tariff-rate quota on Samsung, LG washer imports

WASHINGTON (Reuters) - The U.S. International Trade Commission on Tuesday called for a tariff-rate quota on imported Samsung and LG brand washers after appliance giant Whirlpool Corp urged the imposition of “global safeguard” limits on its South Korean rivals to stop them from flooding t...

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Republican-appointed judge to hear AT&T lawsuit, Time Warner shares rise

(Reuters) - A Republican-appointed judge with extensive antitrust experience was selected on Tuesday to preside over the U.S. government’s lawsuit to block AT&T Inc’s acquisition of Time Warner Inc, sending Time Warner shares higher as investors bet the judge would be more likely to ...

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Ireland promises progress in Apple tax recovery in coming weeks

DUBLIN (Reuters) - Ireland expects to make progress in recovering up to 13 billion euros ($15 billion) in disputed taxes from Apple Inc (AAPL.O) in the coming weeks, its prime minister said on Tuesday, following EU criticism that Dublin was moving too slowly. A 3D printed Apple logo is seen in front...

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Exclusive: U.S. agency to vote to repeal 'net neutrality' rules - FCC chief

WASHINGTON (Reuters) - The chairman of the Federal Communications Commission on Tuesday unveiled plans to repeal a landmark 2015 order that barred internet service providers from blocking or slowing down consumer access to web content, and said the regulator will prevent states and cities from adopt...

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Apple removes several apps, including Skype, in China

(Reuters) - Apple Inc (AAPL.O) said on Tuesday it has removed several apps including Skype, Microsoft Corp’s (MSFT.O) internet phone call and messaging service, from its app store in China after the country’s government pointed to violations of local laws. A woman looks at the screen of ...

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Facebook to meet Russian regulators to discuss compliance: TASS

MOSCOW (Reuters) - Facebook (FB.O) plan to meet Russian regulators in late December or early January to discuss compliance, TASS news agency cited the head of Russian communications watchdog Roskomnadzor as saying on Tuesday. A 3D-printed Facebook logo is displayed in front of the Russian flag, in t...

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Skype disappears from app stores in China: New York Times

(Reuters) - Skype, Microsoft Corp’s internet phone call and messaging service, has been unavailable for download from a number of app stores in China, including Apple Inc‘s, for almost a month, New York Times reported on Tuesday. The removal led to complaints from Chinese users, who were...

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Law likely on AT&T's side in Time Warner battle: analysts

(Reuters) - AT&T Inc (T.N) is likely to emerge victorious from a legal fight with the United States Department of Justice over its $85.4 billion acquisition of Time Warner Inc (TWX.N), analysts said in a series of research notes on Tuesday. FILE PHOTO: An AT&T logo and communication equipmen...

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Auchan/Alibaba deal turns up the heat on Carrefour in China

PARIS (Reuters) - A partnership between French retailer Auchan [AUCH.UL] and internet giant Alibaba risks pushing Carrefour further behind in China and could persuade its new boss to sell out of the country. A Carrefour supermarket logo is seen on a shopping trolley at a branch in Beijing December 4...

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CBS channels blacked out for Dish customers over carriage dispute

(Reuters) - CBS Corp’s TV stations were blacked out for Dish Network Corp’s customers over a network carriage deal dispute, the companies said early Tuesday. FILE PHOTO: A Dish Network receiver hangs on a house in Somerville, Massachusetts, U.S., February 21, 2017. REUTERS/Brian Snyder/F...

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Exclusive: Philippines' PT&T seeks partners for broadband, cell services, talks to Chinese firms

MANILA (Reuters) - Philippine Telegraph & Telephone Corp (PTT.PS) is talking to Chinese companies about forming strategic partnerships as part of plans to turn a niche player into a force in the domestic telecoms market, its chairman said on Tuesday. For sale sim cards are laid out at a loading ...

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Tencent's stellar share rally sees it surpass Facebook in market value

HONG KONG (Reuters) - Tencent Holdings Ltd (0700.HK) has racked up some impressive gains this week - becoming the first Chinese firm to be worth more than $500 billion and surpassing Facebook (FB.O) to be the world’s fifth-most valuable company. FILE PHOTO: Visitors use their smartphones under...

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Phones for urns: Hong Kong turns to virtual reality to honor ancestors

HONG KONG (Reuters) - A lack of space for cemeteries in crowded Hong Kong clashes with the age-old Chinese tradition of reverence for one’s ancestors. Anthony Yuen, CEO of iVeneration.com, demonstrates an augmented reality graveyard at his office in Hong Kong, China, November 13, 2017. Picture...

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SoftBank funding may spur Uber to re-think tough Southeast Asian market

SINGAPORE(Reuters) - SoftBank Group’s (9984.T) multi-billion dollar investment in Uber Technologies Inc opens up the possibility of combining it with other ride-hailing assets the Japanese group owns in a consolidation of a rapidly growing business across Asia, industry sources say. FILE PHOTO...

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CBS warns of blackout in dispute with Dish

NEW YORK (Reuters) - CBS Corp said on Monday that satellite television provider Dish Network Corp could black out its programming, including holiday weekend sports events, if the companies fail to resolve a dispute over the fees Dish pays to carry its content. FILE PHOTO - The CBS "eye" and logo are...

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Marvell Technology to buy rival chipmaker Cavium for $6 billion

(Reuters) - Chipmaker Marvell Technology Group Ltd (MRVL.O) said on Monday it would buy smaller rival Cavium Inc (CAVM.O) for about $6 billion, as it seeks to expand its wireless connectivity business in a rapidly consolidating semiconductor industry. Marvell Semiconductor President and CEO Matt Mur...

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Tencent turns to WeChat, games and deals for global strategy

HONG KONG (Reuters) - China’s biggest social network and gaming firm Tencent Holdings, which last week reported forecast-beating quarterly results, is close to making Malaysia the first foreign country to roll out its WeChat ecosystem, an executive told Reuters. FILE PHOTO: Tencent's booth is ...

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Bitcoin hits record high after smashing through $8,000 for first time

LONDON (Reuters) - Bitcoin hit a new record high on Monday after smashing through the $8,000 level for the first time over the weekend, marking an almost 50 percent climb in just eight days. A bitcoin sign is seen during Riga Comm 2017, a business technology and innovation fair in Riga, Latvia Novem...

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Volvo Cars to supply Uber with up to 24,000 self-driving cars

STOCKHOLM/SAN FRANCISCO (Reuters) - Uber plans to buy up to 24,000 self-driving cars from Volvo, marking the transition of the U.S. firm from an app used to summon a taxi to the owner and operator of a fleet of cars. The Uber logo is seen on mobile telephone in London, Britain, September 25, 2017. R...

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Marvell Technology to buy smaller rival Cavium for $6 billion

(Reuters) - Chipmaker Marvell Technology Group Ltd (MRVL.O) said it would buy smaller rival Cavium Inc (CAVM.O) in a $6 billion deal, as it seeks to expand its wireless connectivity business in a fast consolidating semiconductor industry. Marvell Semiconductor President and CEO Matt Murphy. REUTERS/...

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Retailer Auchan says it has not been approached by Amazon in Europe

PARIS (Reuters) - French retailer Auchan [AUCH.UL] said on Monday it had not been approached by E-commerce giant Amazon (AMZN.O) about deals or partnerships in Europe, with speculation still rife that Amazon may be eyeing European transactions. The logo of French retailer Auchan is pictured at compa...

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Marvell Technology to buy Cavium for $6 billion

(Reuters) - Chipmaker Marvell Technology Group Ltd (MRVL.O) said on Monday it would buy smaller rival Cavium Inc (CAVM.O) in a deal valued at about $6 billion as it seeks to expand its networking equipment business. Marvell Semiconductor President and CEO Matt Murphy. REUTERS/Courtes y Marvell Under...

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