Cyber alert: EU ministers test responses in first computer war game

TALLINN (Reuters) - European Union defense ministers tested their ability to respond to a potential attack by computer hackers in their first cyber war game on Thursday, based on a simulated attack on one of the bloc’s military missions abroad. In the simulation, hackers sabotaged the EU&rsquo...

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China e-car venture Future Mobility names brand Byton, eyes U.S., Europe

SHANGHAI (Reuters) - Chinese electric-car venture Future Mobility Corp, co-founded by former BMW and Nissan Motor executives, has named its brand “Byton” that it plans to launch in the United States and Europe soon after starting sales at home in 2019. Future Mobility, which recently rai...

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Amazon plans $5 billion second headquarters in North America

(Reuters) - Amazon.com Inc (AMZN.O) said on Thursday it plans to open another headquarters in North America and spend more than $5 billion for its construction and operation. The e-commerce company, currently based in Seattle, said it was yet to zero in on a location, but expects to expand the new h...

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GoPro expects to post adjusted profit in third-quarter

(Reuters) - Wearable camera maker GoPro Inc (GPRO.O) said on Thursday it expects to be profitable on an adjusted basis in the third quarter. The company said it expects current-quarter revenue to be at the high end of its forecast of $290 million-$310 million, driven by the strong demand for Hero 6 ...

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Hotel Tonight faces off with Expedia, Priceline with advanced bookings

SAN FRANCISCO (Reuters) - Startup company Hotel Tonight, betting that superior mobile technology will give it an edge, is expanding its hotel-booking offerings and going toe-to-toe with the big online travel companies. Hotel Tonight early next month will allow users to reserve a hotel up to 100 days...

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Ex-bank manager to face charges in Philippines for cyber heist, others cleared

MANILA (Reuters) - Philippine prosecutors have recommended the filing of charges against a former bank manager for her part in laundering of tens of millions of dollars stolen from Bangladesh’s central bank last year but cleared two casino agents and a remittance firm. A Department of Justice ...

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All new Jaguar Land Rover cars to have electric option from 2020

LONDON (Reuters) - All new Jaguar Land Rover cars will be available in an electric or hybrid version from 2020, Britain’s biggest carmaker said on Thursday, as it speeds up plans to electrify its model range. Last year, the company, owned by India’s Tata Motors (TAMO.NS), said it would o...

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Critical alert: EU ministers test responses in cyber war game

TALLINN (Reuters) - European Union defense ministers will hold a cyber war game for the first time on Thursday to test their ability to respond to a potential attack by computer hackers on one of the bloc’s military missions abroad. In a fictional scenario, the EU’s naval mission in the ...

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Chinese logistics firm Best, backed by Alibaba, launches $932 million U.S. IPO

HONG KONG (Reuters) - Best Inc, a Chinese logistics company backed by Alibaba Group, has launched an up to $932 million initial public offering, seeking funds to expand its logistics and supply chain network, develop new technology and open more of its convenience stores. The Hangzhou-based company ...

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Western Digital in talks for stake in Toshiba chip unit after an IPO: Kyodo

TOKYO (Reuters) - Western Digital Corp (WDC.O) is in talks to gain voting rights of just under 16 percent in Toshiba Corp’s (6502.T) memory chip unit on the assumption that it will be listed in the future, Kyodo news agency reported on Thursday. Kyodo did not cite sources or say who the U.S. f...

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Facebook says likely Russian-based operation funded U.S. ads with political message

SAN FRANCISCO (Reuters) - Facebook Inc said on Wednesday it had found that an operation likely based in Russia spent $100,000 on thousands of U.S. ads promoting divisive social and political messages in a two-year-period through May. Facebook, the dominant social media network, said 3,000 ads and 47...

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Samsung's Lee replaces attorney ahead of appeal

SEOUL (Reuters) - Samsung Electronics Co Ltd Vice Chairman Jay Y. Lee has replaced his lawyer ahead of an appeal against the five-year jail term he was given for bribery and other charges, a spokesman for his law firm said on Thursday. Attorney Song Wu-cheol was replaced by Lee In-jae, a more senior...

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Vuzix smart glasses contract will help U.S. war veterans 'see' again

NEW YORK (Reuters) - Vuzix Corp, a maker of computer smart glasses used in industry, said on Wednesday it is venturing into a new market with a system that helps restore vision to U.S. military veterans who lost sight in combat in Iraq and Afghanistan. Smart glasses have found growing acceptance in ...

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Facebook says likely Russian-based operation spent money on ads on issues

SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) said Wednesday it had found that an influence operation likely based in Russia spent $100,000 on ads promoting divisive social and political messages in a two-year-period through May. The dominant social network said that many of the ads promoted 470 &ld...

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T-Mobile US to offer free Netflix with family plan

(Reuters) - T-Mobile US Inc (TMUS.O) said on Wednesday it will offer a free subscription to video streaming service Netflix Inc (NFLX.O) with its unlimited data family plans in a push to lure more subscribers. The new offer shows how wireless carriers are bundling content with mobile service as a wa...

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Oracle backs online human trafficking bill, breaking with tech industry

WASHINGTON (Reuters) - Cloud services company Oracle Corp on Wednesday backed a bipartisan proposal in the U.S. Congress that would make it easier to penalize operators of websites that facilitate online sex trafficking. The endorsement of legislation advancing in the U.S. Senate marks a sharp depar...

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Ukrainian ministry carries out first blockchain transactions

KIEV (Reuters) - Ukraine’s justice ministry carried out trial auctions using blockchain technology for the first time on Wednesday, part of an effort to improve transparency in government transactions. The project is part of a broader drive by the Ukrainian authorities to modernize state insti...

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House unanimously approves sweeping self-driving car measure

WASHINGTON (Reuters) - The U.S. House on Wednesday unanimously approved a sweeping proposal to speed the deployment of self-driving cars without human controls and bar states from blocking autonomous vehicles. The bill now goes to the Senate and would allow automakers to obtain exemptions to deploy ...

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Saudi sovereign fund, Softbank plan robotic initiative

DUBAI (Reuters) - Saudi Arabia’s main sovereign wealth investment fund and Japan’s Softbank Group plan to jointly study how robots can be used more effectively in government, business and society, they said on Wednesday. In the coming months, the Public Investment Fund (PIF) and the Japa...

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U.S. House unanimously approves sweeping self-driving car measure

WASHINGTON (Reuters) - The U.S. House on Wednesday unanimously approved a sweeping proposal to speed the deployment of self-driving cars without human controls and bar states from blocking autonomous vehicles. The bill now goes to the Senate and would allow automakers to obtain exemptions to deploy ...

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