FCC says 62 bidders advance in spectrum auction

The U.S. Federal Communications Commission said on Friday that 62 bidders have made upfront payments in a forthcoming wireless spectrum auction including AT&T Inc, Verizon Communications Inc, Dish Network, T-Mobile US and Comcast Corp. The auction is set to begin on Aug. 16. Last month, the FCC ...

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Britain's Sainsbury's trials similar concept to Amazon's Prime Now

A sign is displayed at a Sainsbury's store in London, Britain April 30, 2016. Photograph taken April 30, 2016. Reuters/Neil Hall Sainsbury's, Britain's second largest supermarket group, is trialing a one hour home delivery service that is similar in concept to Amazon's 'Prime Now', it said on Friday...

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China's Midea lifts stake in German robotics firm Kuka to 76.38 percent

A Kuka technician programs a robot arm of German industrial robot maker Kuka at the company's stand during the Hannover Fair in Hanover, Germany, April 25, 2016. Reuters/Wolfgang Rattay China's Midea Group Co Ltd (000333.SZ) said acceptances received in its 4.5 billion euro ($5 billion) takeover off...

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In China, fears that Pokemon GO may aid locating military bases

A virtual map of Bryant Park is displayed on the screen as a man plays the augmented reality mobile game ''Pokemon Go'' by Nintendo in New York City, U.S. July 11, 2016. Reuters/Mark Kauzlarich/File Photo Not everyone loves Pokemon GO, the mobile game that has become an instant hit around the world ...

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China's Midea shares hit record high after firm raises stake in Germany's Kuka

The logo of German industrial robot maker Kuka is pictured on a Kuka robot arm during the Hannover Fair in Hanover, Germany, April 25, 2016. Reuters/Wolfgang Rattay Shares in China's Midea Group Co Ltd (000333.SZ) hit a record high on Friday afternoon after the home appliance maker said it was incre...

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Tencent merges with China Music Corp to develop digital music

Visitors use their smartphones underneath the logo of Tencent at the Global Mobile Internet Conference in Beijing May 6, 2014. Reuters/Kim Kyung-Hoon/File Photo Chinese Internet giant Tencent Holdings Ltd (0700.HK) announced on Friday a strategic merger with China's leading music-streaming company C...

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Niantic wants to roll out Pokemon GO in 200 markets soon: CEO

The head of the developer behind Nintendo Co Ltd's (7974.T) Pokemon GO said he wanted to launch the smash-hit mobile game in roughly 200 countries and regions "relatively soon" and was working on bolstering server capacity to enable the wider rollout. "Why limit it?" John Hanke, chief executive of N...

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Venture capital investments rebound for tech startups

Venture capital investments in startups rebounded in the second quarter, as a general stock market recovery helped restore confidence, according to a new report published on Friday. Investors plowed $15.3 billion into venture-backed startups in the second quarter of this year, a 20.5 percent increas...

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Samsung Elec confirms agreement to invest in BYD

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, July 4, 2016. Reuters/Kim Hong-Ji South Korean electronics giant Samsung Electronics Co Ltd said on Friday it has agreed to acquire a stake in Chinese automaker BYD to enhance its electric car parts and smartphone com...

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Nintendo surge to hit six-year high, Pokemon GO hits UK market

A woman uses a portable battery pack to charge her phone while playing the augmented reality mobile game ''Pokemon Go'' by Nintendo in New York City, U.S. July 11, 2016. Reuters/Mark Kauzlarich Shares of Nintendo Co jumped nearly 10 percent to a six-year high on Friday, extending their rally since t...

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U.S. regulator targets 'influencer' internet ad campaigns

The U.S. Federal Trade Commission’s settlement this week with Warner Bros Home Entertainment Inc highlighted the regulator’s increasing focus on internet advertising by so-called influencers or online personalities. The agreement came after charges by the FTC that Warner Bros failed to a...

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U.S. senator asks Tesla to brief committee on Autopilot crash

A Tesla logo hangs on a building outside of a Tesla dealership in New York, U.S., April 29, 2016. Reuters/Lucas Jackson/File Photo The chairman of the U.S. Senate committee that oversees auto safety issues wrote Tesla Motors Inc Chief Executive Elon Musk on Thursday, asking the automaker to brief th...

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U.S. lawmakers introduce bill to criminalize ‘revenge porn’

Lawmakers in the U.S. House of Representatives introduced long-stalled legislation on Thursday that would make it a federal crime to share sexually explicit material of a person online without the subject’s consent. The "Intimate Privacy Protection Act" is an effort several years in the making...

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Facebook makes little progress in race, gender diversity

Facebook CEO Mark Zuckerberg is seen on stage during a town hall at Facebook's headquarters in Menlo Park, California September 27, 2015. Reuters/Stephen Lam/File Photo Facebook Inc (FB.O) said about a third of its workers are females, while black employees accounted for 3 percent of its U.S. senior...

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Microsoft wins U.S. appeal over warrant for emails held abroad

A Microsoft logo is seen in Los Angeles, California, U.S. June 14, 2016. Reuters/Lucy Nicholson A federal appeals court on Thursday said Microsoft Corp (MSFT.O) and other companies cannot be forced to turn over customer emails stored on servers outside the United States, handing a victory to privacy...

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U.S. FCC votes to advance next-generation 5G networks

A man uses his phone outside the AT&T store in New York's Times Square, June 17, 2015. Reuters/Brendan McDermid The U.S. Federal Communications Commission voted unanimously Thursday to open substantial spectrum for next-generation high-speed 5G wireless applications and networks. The FCC approve...

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Japanese chat app operator Line Corp soars in New York debut

NYSE president Tom Farley (L) speaks with Japan's Line Corp. CEO Takeshi Idezawa (middle) ahead of the company's IPO on the floor of the New York Stock Exchange (NYSE) in New York City, New York, U.S. July 14, 2016. Reuters/Brendan McDermid Shares of Japanese messaging app operator Line Corp (LN.N) ...

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U.S. banking regulator updates cyber security after data breach: chairman

Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg holds a briefing to announce the bank and thrift industry earnings for the first quarter of 2013 in Washington May 29, 2013. Reuters/Gary Cameron The U.S. Federal Deposit Insurance Corporation is updating cyber security policies ...

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Consumer Reports urges Tesla to disable auto steering

The radar technology of a Tesla Model S containing Autopilot features is pointed out during a Tesla event in Palo Alto, California, U.S., October 14, 2015. Reuters/Beck Diefenbach/File Photo U.S. magazine Consumer Reports on Thursday urged Tesla Motors Inc (TSLA.O) to disable its automatic steering ...

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Payments firm Klarna adds Lyst to its collection

A man enters Klarna office in Stockholm, Sweden February 17, 2016. Reuters/Mia Shanley Swedish payments firm Klarna has added online fashion start-up Lyst to its client list as it seeks to step up competition in a sector dominated by giants such as PayPal. Klarna, which processes 10 percent of Europ...

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