Twitter nears first profitable quarter as it slashes expenses, shares jump

(Reuters) - Twitter Inc (TWTR.N) said on Thursday it could turn its first ever profit in the fourth quarter, after making sweeping cuts in expenses the past few months and finding sources of revenue beyond the advertising that dominates social media. FILE PHOTO: The Twitter logo is displayed on a sc...

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Alphabet looks to snowy Michigan to test self-driving cars

WASHINGTON (Reuters) - Alphabet Inc’s (GOOGL.O) self-driving car unit Waymo is expanding winter testing as it works to address a potential blind spot for autonomous vehicles: snowy and icy conditions. Waymo unveils a self-driving Chrysler Pacifica minivan during the North American Internationa...

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Nokia still reviewing options for undersea cables unit: CEO

HELSINKI (Reuters) - Nokia is still reviewing its options for its undersea cables unit, a business that underpins the global Internet, chief executive Rajeev Suri said on Thursday. Rajeev Suri, Nokia's President and Chief Executive Officer, walks on stage to deliver his keynote at Mobile World Congr...

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Wal-Mart launches shelf-scanning robots in about 40 stores

CHICAGO (Reuters) - Wal-Mart Stores Inc will roll out shelf-scanning robots in approximately 40 stores to replenish inventory faster on its shelves and save store employees time when products run out. FILE PHOTO: Shopping carts are seen outside a new Wal-Mart Express store in Chicago July 26, 2011. ...

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Twitter nears first profitable quarter as it slashes expenses

(Reuters) - Twitter Inc said on Thursday it could turn its first ever profit in the fourth quarter, after making sweeping cuts in expenses the past few months and finding sources of revenue beyond the advertising that dominates social media. FILE PHOTO: The Twitter logo is displayed on a screen on t...

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Viacom looks to U.S. mobile deals as young viewers flee TV

NEW YORK (Reuters) - Viacom Inc is trying a new tactic in its multi-front effort to win back younger U.S. viewers ditching expensive cable TV packages: seeking deals directly with mobile phone networks. FILE PHOTO: A woman exits the Viacom Inc. headquarters in New York April 30, 2013. REUTERS/Lucas ...

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Chipmaker Nvidia's CEO sees fully autonomous cars within 4 years

TAIPEI (Reuters) - Nvidia Corp chief executive Jensen Huang said on Thursday artificial intelligence would enable fully automated cars within 4 years, but sought to tamp down expectations for a surge in demand for its chips from cryptocurrency miners. FILE PHOTO: Nvidia co-founder and CEO Jensen Hua...

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SAP overhauls sales practices as it faces U.S. probe on South Africa

LONDON (Reuters) - Global business planning software giant SAP (SAPG.DE) is making sweeping changes to its sales practices in countries around the world, the German company said, as it revealed it is the subject of a U.S. corruption probe tied to its South Africa business. FILE PHOTO: SAP headquarte...

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SAP revises sales practices as it faces U.S. probe on South Africa

LONDON (Reuters) - Global business planning software giant SAP (SAPG.DE) is making sweeping changes to its sales practices in countries around the world, the German company said as it revealed it is the subject of a U.S. corruption probe tied to its business dealings in South Africa. FILE PHOTO: SAP...

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Hydrogen fuel-cell car push 'dumb'? Toyota makes a case for the Mirai

TOKYO (Reuters) - Having invested heavily in hydrogen, a technology derided by Tesla chief Elon Musk as “incredibly dumb”, Toyota Motor Corp is making a renewed push for fuel cell cars to fill a role in a future dominated by electric battery vehicles. FILE PHOTO - The Toyota Mirai, an hy...

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Tesla's seat strategy goes against the grain...for now

SAN FRANCISCO (Reuters) - Elon Musk was fed up. The interior of the Tesla Model 3 sedan is seen in this undated handout image as the car company handed over its first 30 Model 3 vehicles to employee buyers at the company's Fremont facility in California, U.S., July 28, 2017. Tesla/Handout via REUTER...

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Three women sue Uber in San Francisco claiming unequal pay, benefits

SAN FRANCISCO (Reuters) - Three women engineers have sued Uber Technologies Inc [UBER.UL] for discrimination based of their gender and race, the latest blow to the ride-services company that is straining to overcome a year of controversies over its workplace culture. FILE PHOTO: A man arrives at the...

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Apple disputes Bloomberg report that it reduced Face ID accuracy

(Reuters) - Apple Inc (AAPL.O) disputed a report by Bloomberg News on Wednesday that it recently allowed suppliers to reduce the accuracy of the iPhone X’s facial recognition system to speed output of the phone. FILE PHOTO: Apple Senior Vice President of Worldwide Marketing, Phil Schiller, int...

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Exclusive: U.S. widens surveillance to include 'homegrown violent extremists' - documents

WASHINGTON (Reuters) - The U.S. government has broadened an interpretation of which citizens can be subject to physical or digital surveillance to include “homegrown violent extremists,” according to official documents seen by Reuters. A U.S. Air Force airman at Petersen Air Force Base i...

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Amazon to sell smart locks so it can slip packages into your home

(Reuters) - Amazon.com Inc (AMZN.O) has plans to drop off packages directly into shoppers’ homes. FILE PHOTO - The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol/File Photo The world’s largest online ...

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Some Russian financial organizations suffered 'BadRabbit' attack: central bank

MOSCOW (Reuters) - Some Russian financial organizations have suffered cyber attacks by malware called “BadRabbit” but have not been compromised, Russia’s central bank said on Wednesday. The central bank said it would analyze why the public server of the Interfax news agency with pu...

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Apple reduced Face ID accuracy to ease production: Bloomberg

(Reuters) - Apple Inc (AAPL.O) recently allowed its suppliers to reduce the accuracy of the iPhone X's facial recognition system to speed up production of the smartphone, Bloomberg News reported on Wednesday, citing people familiar with the situation. (bloom.bg/2i3E8CZ) FILE PHOTO: Apple Senior Vice...

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Apple acquires New Zealand wireless charging company

SINGAPORE (Reuters) - Apple, which recently said it was including wireless charging in its latest iPhone X and iPhone 8 smartphones, has acquired New Zealand firm PowerbyProxi that designs wireless power products for consumers and industry.  A broken iPhone is seen in this illustration picture,...

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Kaspersky says it obtained suspected NSA hacking code from U.S. computer

SAN FRANCISCO (Reuters) - Moscow-based Kaspersky Lab on Wednesday acknowledged that its security software had taken source code for a secret American hacking tool from a personal computer in the United States. A general view shows the headquarters of the anti-virus firm Kaspersky Lab in Moscow, Russ...

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Hong Kong, Singapore to link up trade finance blockchain platforms

HONG KONG (Reuters) - Hong Kong and Singapore’s de facto central banks unveiled plans on Wednesday to link trade finance platforms they are developing with blockchain technology, to reduce potential fraud and errors in the multi-trillion-dollar funding of international trade. FILE PHOTO: A sec...

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T-Mobile, Sprint ready board committees to decide on merger: sources

(Reuters) - T-Mobile US Inc and Sprint Corp are laying the groundwork for special committees of their board of directors to decide on a merger between the third and fourth largest U.S. wireless carriers, according to people familiar with the matter. FILE PHOTO: Smartphones with the logos of T-Mobile...

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Dell Lost Control of Key Customer Support Domain for a Month in 2017

A Web site set up by PC maker Dell Inc. to help customers recover from malicious software and other computer maladies may have been hijacked for a few weeks this summer by people who specialize in deploying said malware, KrebsOnSecurity has learned. There is a program installed on virtually all...

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Dell Lost Control of Key Customer Support Domain for a Month in 2017

A Web site set up by PC maker Dell Inc. to help customers recover from malicious software and other computer maladies may have been hijacked for a few weeks this summer by people who specialize in deploying said malware, KrebsOnSecurity has learned. There is a program installed on virtually all...

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Toyota: Committed to hydrogen cars despite potential 'game changer' EV battery

TOKYO (Reuters) - Toyota Motor Corp’s solid-state battery technology under development could be a “game changer” for pure electric vehicles, but that does not mean the automaker is moving away from hydrogen-powered fuel cell vehicles, a company executive said. Toyota Motor Corp. Ex...

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LG Display says third-quarter operating profit rose on year to $519 million

SEOUL (Reuters) - South Korea’s LG Display Co Ltd said third-quarter operating profit surged 81 percent from a year earlier on the back of a recovery in panel prices. A man walks out of the headquarters of LG Display in Seoul, October 20, 2011. REUTERS/Jo Yong-Hak/File Photo Operating profit f...

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Tezos leaders ask for patience over dispute on cybercurrency project

LAS VEGAS (Reuters) - The creators of an embattled cybercurrency technology project called Tezos expressed regret on Tuesday about their ongoing dispute with the head of a Swiss foundation that controls the $232 million they raised in one of the largest “initial coin offerings” ever. Pho...

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Amazon launches cash payments in Mexico to lure shoppers online

MEXICO CITY (Reuters) - Amazon.com Inc launched a cash payment service in Mexico on Tuesday, aiming to expand its customer base in a country where shoppers are wary of credit card fraud and often earn their living in paper currency. Amazon boxes are seen stacked for delivery in the Manhattan borough...

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With new technology, Mazda gives spark to gasoline engine

HIROSHIMA, Japan (Reuters) - In the high-stakes, high-cost battle among global automakers to develop ever more efficient vehicles, one of the biggest breakthroughs in internal combustion engine technology in years looks to be coming from one of the industry’s smaller players. Mazda Motor Presi...

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AT&T results miss estimates as video competition rises

NEW YORK (Reuters) - AT&T Inc’s quarterly results missed Wall Street estimates as the U.S. No. 2 wireless carrier lost video subscribers to traditional and online TV competitors and fewer of its existing customers upgraded their devices ahead of Apple Inc’s launch of the iPhone X. FI...

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Twitter to label election ads after U.S. regulatory threat

SAN FRANCISCO (Reuters) - Twitter Inc (TWTR.N) said on Tuesday it would add labels to election-related advertisements, following a threat of regulation from the United States over the lack of disclosure for political spending on social media networks. FILE PHOTO - People holding mobile phones are si...

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