Amazon plans new corporate office in Vancouver, to double headcount

VANCOUVER (Reuters) - Amazon.com Inc (AMZN.O) said on Friday that it will a open second corporate office in Vancouver, doubling its staff in the western Canadian city by early 2020 as it looks to tap into a burgeoning local tech workforce. FILE PHOTO: Morning fog blankets the Lions Gate Bridge and p...

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Broadcom explores deal to buy Qualcomm: Bloomberg

(Reuters) - Broadcom Ltd (AVGO.O) is exploring a deal to buy smartphone chip maker Qualcomm Inc (QCOM.O) and is speaking to advisers, Bloomberg reported on Friday. FILE PHOTO: One of many Qualcomm buildings is shown in San Diego, California, U.S. on November 3, 2015. REUTERS/Mike Blake/File Photo No...

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Tezos organizers sued in California over crypto currency project

(Reuters) - A class-action lawsuit has been filed in a California state court against the organizers of the technology project Tezos, which in July raised $232 million in one of the largest “initial coin offerings” (ICOs) ever. Tezos co-founder and CTO Arthur Breitman and his wife and co...

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Equifax clears executives who sold shares after hack

(Reuters) - Equifax Inc (EFX.N) said on Friday four of its executives who sold shares before the credit-reporting firm disclosed a massive data breach that wiped out billions from its market value were not aware of the incident when they made the trades. FILE PHOTO: Credit reporting company Equifax ...

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Twitter employee briefly shuts Trump account, putting controls in question

(Reuters) - Twitter Inc faced questions on Friday about its approach to internal security after a company employee briefly deactivated U.S. President Donald Trump’s account. The 11-minute blackout of the @realDonaldTrump account late on Thursday drew widespread attention on the microblogging s...

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Apple firmly on course for $1 trillion valuation: analysts

(Reuters) - Apple Inc’s shares hit a record-high on Friday after the tech giant reported a blowout fourth quarter and shrugged off concerns related to the iPhone X, prompting more analysts to put a trillion-dollar valuation on the company. The Apple Inc. store is seen on the day of the new iPh...

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Cryptocurrencies' market cap hits record $200 billion as bitcoin soars

LONDON (Reuters) - The aggregate value of all cryptocurrencies hit a record high of over $200 billion on Wednesday, according to industry website Coinmarketcap, putting their reported market value at more than that of U.S. banking giant Citigroup (C.N). A copy of bitcoin standing on PC motherboard i...

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Equifax committee clears executive stock sales made after data breach

(Reuters) - Equifax Inc (EFX.N) said on Friday that executives who sold shares before the credit-reporting service disclosed a massive data breach were not aware of the incident when their trades were made. FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are pictured in Atlanta, ...

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Equifax says execs who sold shares were not aware of data breach

(Reuters) - Equifax Inc said on Friday that none of the four executives who sold their shares before details of a data breach were disclosed publicly had knowledge of the incident when their trades were made. FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are pictured in Atlanta...

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Estonia orders online ID lock-down to fix security flaw

TALLINN (Reuters) - Estonia plans to block access to the country’s vaunted online services for 760,000 people from midnight on Friday to fix a security flaw in some of the Baltic country’s identity smartcards that was identified earlier this year. Estonia is seen as a leader in providing...

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Carmakers plan 400 Europe car charging stations by 2020

FRANKFURT (Reuters) - A group of mainly German carmakers will open ultra-fast electric vehicle charging stations this year and plans a pan-European network of 400 by 2020, hoping to narrow Tesla’s lead. An electric car is being charged in a Paris street, France, September 12, 2017. REUTERS/Phi...

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Apple's iPhone X hits the spot as long lines return from Sydney to Shanghai

SYDNEY/BEIJING (Reuters) - Long, snaking lines formed outside Apple Inc stores in Asia early on Friday as fans flocked to buy the new iPhone X, a turnout that contrasts with the more lackluster launches for the past two iterations of the premium smartphone. Apple's new iPhone X is displayed after it...

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Apple's iPhone X hits the spot as long queues return from Sydney to Shanghai

SYDNEY/BEIJING (Reuters) - Long, snaking lines formed outside Apple Inc stores in Asia early on Friday as fans flocked to buy the new iPhone X, a turnout that contrasts with the more lackluster launches for the past two iterations of the premium smartphone. A member of Apple staff takes pictures as ...

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Twitter says Trump's account deactivated by employee leaving company

(Reuters) - U.S. President Donald Trump’s @realdonaldtrump Twitter account was deactivated by a Twitter Inc employee who was leaving the company on Thursday and was down for 11 minutes before it was restored, the social media company said. FILE PHOTO: The masthead of U.S. President Donald Trum...

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Apple CEO Cook breathes new life into old iPhones

(Reuters) - By delivering solid financial results that beat Wall Street’s expectations for both revenues and profits on Thursday, Apple Inc’s CEO Tim Cook put to rest concerns that the company’s flagship device, the iPhone X, wouldn’t be ready in time for the holiday shopping...

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Amazon to end Fresh grocery delivery service in some areas

(Reuters) - Amazon.com Inc (AMZN.O) is ending its Fresh grocery delivery service for select zip codes, though it continues to operate in a range of cities from Los Angeles to Tokyo, it said in a statement on Thursday. An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, C...

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Twitter says Trump's account 'inadvertently deactivated' by Twitter employee

(Reuters) - U.S. President Donald Trump’s @realdonaldtrump Twitter account was “inadvertently deactivated” due to human error by a Twitter Inc employee on Thursday and was down for 11 minutes before it was restored, the social media company said. FILE PHOTO: The masthead of U.S. Pr...

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Apple sees strong holiday sales, smooth sailing for iPhone X

SAN FRANCISCO (Reuters) - Apple Inc (AAPL.O) on Thursday reported better-than-expected earnings and offered a rosy forecast for the holiday shopping season, allaying investor concerns about production delays on the new iPhone X and demonstrating remarkable strength across its growing line of product...

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Hundreds line up in Sydney for Apple iPhone X launch

SYDNEY (Reuters) - Hundreds of people queued up outside Apple Inc’s store in central Sydney early on Friday to be the first in the world to get their hands on the new iPhone X, a turnaround from more lackluster launches for the past two iterations of the phone. The first customers to buy the i...

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Facebook pressured to notify people who saw Russian posts

WASHINGTON (Reuters) - Facebook Inc received several tongue-lashings during U.S. congressional hearings this week, but the world’s largest social network also got an assignment: Figure out how to notify tens of millions of Americans who might have been fed Russian propaganda. A Facebook logo i...

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Activision Blizzard's 'Destiny 2' drives full-year forecast raise

(Reuters) - Videogame publisher Activision Blizzard Inc on Thursday reported better-than-expected quarterly revenue and profit and raised its full-year forecasts, driven by the popularity of its sci-fi first person shooter game “Destiny 2”. Visitors look at a presentation at the ActiVisi...

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Apple sees holiday-quarter sales above Wall St., shares rise

(Reuters) - Apple Inc (AAPL.O) forecast revenue for the holiday shopping-quarter largely above market expectations, helping allay investor concerns about production delays and supply constraints for the iPhone X, which it will start shipping on Friday. An attendee holds a new iPhone X during a prese...

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Game-maker Activision Blizzard's holiday-quarter forecasts disappoint

(Reuters) - Activision Blizzard Inc on Thursday became the second videogame publisher after Electronic Arts to forecast revenue below Street estimates for the all-important holiday sales quarter as a slew of title releases heats up competition. Visitors look at a presentation at the ActiVision Blizz...

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Qualcomm sues Apple for breach of software license contract

(Reuters) - Qualcomm Inc (QCOM.O) has sued Apple Inc (AAPL.O), alleging that it violated a software license contract to benefit rival chipmaker Intel Corp (INTC.O) for making broadband modems, the latest salvo in the longstanding dispute between Qualcomm and Apple. FILE PHOTO: A man looks at the scr...

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Qualcomm sues Apple for contract breach

(Reuters) - Qualcomm Inc (QCOM.O) has sued Apple Inc (AAPL.O), alleging that it violated a software license contract to benefit rival chipmaker Intel (INTC.O) for making broadband modems, the latest salvo in a longstanding dispute between the two companies. FILE PHOTO: One of many Qualcomm buildings...

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Exclusive: Ukraine hit by stealthier phishing attacks during BadRabbit strike

KIEV (Reuters) - Hackers tried to access confidential data in powerful but stealthy phishing attacks launched in parallel with an eyeball-grabbing ransomware strike called BadRabbit last week, the head of the Ukrainian state cyber police said on Thursday. Ukrainian Cyber Police Chief Serhiy Demedyuk...

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Spending plans trigger Facebook stock retreat

(Reuters) - Facebook Inc (FB.O) shares slid on Thursday, as investors shrugged off strong quarterly results and worried about the cost of the company’s decision to spend more on preventing misuse of the world’s biggest social media network. FILE PHOTO: Facebook logo is seen at a start-up...

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Apple draws options bulls ahead of quarterly results

NEW YORK (Reuters) - Ahead of Apple Inc’s quarterly report on Thursday, traders in the options market have taken positions close to the most bullish since late December, options data showed. FILE PHOTO: A man is reflected in a Apple store logo in San Francisco, California, U.S., August 21, 201...

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Wells Fargo unveils new digital account targeting Uber drivers

(Reuters) - Wells Fargo & Co on Thursday unveiled a new bank account that can be opened without walking into a branch, used within minutes, and does not allow for overdrafts. FILE PHOTO: A Wells Fargo logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October ...

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Alibaba sales beat estimates on 'outstanding' quarter, raises forecast

BEIJING (Reuters) - Alibaba Group Holding Ltd (BABA.N) hailed an “outstanding quarter” on Thursday and raised its outlook for the year after beating forecasts with a 61 percent revenue rise driven by strong growth in online sales. FILE PHOTO: A logo of Alibaba Group is seen on a building...

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