Digital currencies will not replace physical money soon: Bank of Japan official

TOKYO (Reuters) - Financial technology is fast revolutionizing the banking industry but digital currencies will not replace physical money any time soon, a senior Bank of Japan (BOJ) official said on Wednesday. Bitcoin (virtual currency) coins placed on Dollar banknotes are seen in this illustration...

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TiVo wins set-top box patent case against Comcast

(Reuters) - The U.S. International Trade Commission has ruled in favor of Rovi Corp, which is now known as TiVo Corp, and prohibited Comcast Corp from importing and selling certain types of Rovi’s Xfinity X1 set-top boxes. The final ruling in favor of Rovi that makes set-top boxes said the imp...

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Samsung Electronics to set up AI research center

SEOUL (Reuters) - Samsung Electronics Co Ltd said on Wednesday it would create an artificial intelligence (AI) research center and strengthen an executive role to look for new business areas for all its three major business groups. FILE PHOTO: The logo of Samsung Electronics is seen at its office bu...

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Amazon tells Australian retailers to prepare for orders from Thursday: sources

SYDNEY (Reuters) - Amazon.com Inc has told its Australian sellers to be ready to take orders on Nov. 23, according to a retailer, the first time the global retail juggernaut has given a start date for doing business in the world No. 12 economy. FILE PHOTO: A web page featuring Amazon's Australian UR...

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Uber paid hackers to cover up massive data breach

(Reuters) - Uber Technologies Inc [UBER.UL] paid hackers $100,000 to keep secret a massive breach last year that exposed the personal information of about 57 million accounts of the ride-service provider, the company said on Tuesday. Discovery of the U.S. company’s cover-up of the incident res...

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Uber paid hackers $100,000, concealed data stolen from 57 million accounts

(Reuters) - Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the data of some 57 million accounts of the ride-service provider, the company said on Tuesday. Discovery of the company’s cover-up of the incident resulted in the firing of two emplo...

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Apple scientists disclose self-driving car research

(Reuters) - Research by Apple Inc (AAPL.O) computer scientists on how self-driving cars can better spot cyclists and pedestrians while using fewer sensors has been posted online, in what appears to be the company’s first publicly disclosed paper on autonomous vehicles. FILE PHOTO: The Apple lo...

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Meg Whitman stepping down as HP Enterprise CEO

(Reuters) - Meg Whitman on Tuesday announced that she will step down as chief executive of Hewlett Packard Enterprise Co (HPE.N), ending a 6-year tenure that included overseeing one of the biggest corporate breakups in history. Hewlett Packard Enterprise CEO Meg Whitman is seen following an intervie...

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U.S. government warns businesses about cyber bug in Intel chips

(Reuters) - The U.S. government on Tuesday urged businesses to act on an Intel Corp (INTC.O) alert about security flaws in widely used computer chips as industry researchers scrambled to understand the impact of the newly disclosed vulnerability. The Intel logo is displayed on computer screens at SI...

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U.S. 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. FCC chief Ajit Pai, a...

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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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