U.S. wireless carriers dial back discounts on new iPhones

(Reuters) - U.S. consumers who want Apple Inc’s (AAPL.O) newest iPhones, including its most expensive model yet, the iPhone X, may find fewer deals as wireless carriers are less willing to offer subsidies on devices in a saturated market. New phone launches have long offered carriers a chance ...

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Trump bars Chinese-backed firm from buying U.S. chipmaker Lattice

(Reuters) - U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S.-based chipmaker on Wednesday, sending a clear signal to Beijing that Washington will oppose takeover deals that involve technologies with potential military applications. Canyon Bridge Capital Par...

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Equifax CEO to testify before House panel on hack

WASHINGTON (Reuters) - A U.S. House panel said Wednesday the chief executive of Equifax will testify about a massive data breach that impacted up to 143 million Americans at an Oct. 3 hearing, as the company’s shares fell another 14.6 percent amid pressure on the company to explain its handlin...

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Rhode Island joins U.S. states investigating Equifax data breach

WASHINGTON (Reuters) - Rhode Island said on Wednesday that it had joined a group of states probing the Equifax data breach, as the credit company’s shares fell another 14 percent amid growing pressure to explain its handling of the hack. Connecticut Attorney General George Jepsen said last wee...

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Trump bars Chinese firm from buying U.S. chipmaker Lattice

SAN FRANCISCO (Reuters) - U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S. chipmaker on Wednesday, sending a clear signal to Beijing that Washington will oppose deals that involve technologies with potential military applications. Canyon Bridge Capital Part...

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Trump administration orders purge of Kaspersky products from U.S. government

WASHINGTON (Reuters) - The Trump administration on Wednesday told U.S. government agencies to remove Kaspersky Lab products from their information systems, saying it was concerned the Moscow-based cyber security firm was vulnerable to Kremlin influence. The decision represents a sharp response to wh...

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Ford self-driving test van 'talks' to pedestrians via light signals

(Reuters) - Ford Motor Co and Virginia Tech Transportation Institute are testing a way to enable self-driving vehicles to communicate their movements visually to pedestrians, cyclists and to human drivers, the researchers said on Wednesday. The new communications method, which uses simple light sign...

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Adobe, Microsoft Plug Critical Security Holes

Adobe and Microsoft both on Tuesday released patches to plug critical security vulnerabilities in their products. Microsoft’s patch bundles fix close to 80 separate security problems in various versions of its Windows operating system and related software — including two vulnerabilities ...

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Adobe, Microsoft Plug Critical Security Holes

Adobe and Microsoft both on Tuesday released patches to plug critical security vulnerabilities in their products. Microsoft’s patch bundles fix close to 80 separate security problems in various versions of its Windows operating system and related software — including two vulnerabilities ...

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Bitcoin slides on 'fraud' warning from JPMorgan's Dimon

LONDON (Reuters) - Bitcoin slid by more than 10 percent on Wednesday, as investors sold the cryptocurrency after a warning by JPMorgan (JPM.N) Chief Executive Jamie Dimon that it “is a fraud” and will eventually “blow up”. Bitcoin, the original and still the biggest cryptocur...

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Uber's bid to move Waymo court fight to arbitration denied by appeals court

(Reuters) - Uber Technology Inc’s attempt to move its high-profile trade secrets dispute with Alphabet Inc’s self-driving car unit Waymo to private arbitration was denied again by a U.S. federal appeals court on Wednesday. The U.S. Court of Appeals for the Federal Circuit said the closel...

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Appeals court says Uber cannot move Waymo court fight to arbitration

(Reuters) - A federal appeals court on Wednesday upheld the denial of Uber Technology Inc’s bid to move its high-profile trade secrets dispute with Alphabet Inc’s self-driving car unit Waymo to private arbitration. The U.S. Court of Appeals for the Federal Circuit said the closely watche...

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Exclusive: Amazon plans mega-warehouse for Mexico growth spurt

MEXICO CITY (Reuters) - Amazon.com Inc is preparing to open a 1 million square-foot warehouse near Mexico City, sources familiar with the project said, part of an effort to boost its presence in Mexico’s nascent e-commerce industry. The new warehouse is slated to be built in the Tepotzotlan mu...

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Facebook to clamp down on who can cash in on ads

COLOGNE, Germany (Reuters) - Facebook (FB.O) said on Wednesday it would introduce tougher rules on who can make money from advertising on its network, responding to criticism that it makes it too easy for providers of fake news and sensational headlines to cash in. With immediate effect, the world&r...

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Iphone X shipping delay may dampen Apple's holiday quarter

(Reuters) - Apple Inc’s (AAPL.O) highly anticipated iPhone X features a slew of innovations but delayed availability could hurt holiday-quarter sales. The much-hyped event on Tuesday unveiled three new phones, an advanced watch that can take calls and a new Apple TV, but die-hard fans will not...

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EU set to demand Internet firms act faster to remove illegal content

BRUSSELS (Reuters) - Companies including Google (GOOGL.O), Facebook (FB.O) and Twitter (TWTR.N) could face European Union laws forcing them to be more proactive in removing illegal content if they do not do more to police what is available on the Internet. The European Union executive outlines in dr...

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Electric car focus risks handing jobs to China, EU auto suppliers warn

FRANKFURT (Reuters) - A fixation on electric cars risks damaging Europe’s auto supplies industry and handing jobs to China, the region’s car parts manufacturers warned at the Frankfurt motor show. Suppliers, which say they provide around 5 million European jobs, want carmakers and politi...

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China beefs up cyber defenses with centralized threat database

BEIJING (Reuters) - China said on Wednesday it will create a national data repository for information on cyber attacks and require telecom firms, internet companies and domain name providers to report threats to it. The Ministry of Industry and Information Technology (MIIT) said companies and telcos...

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YuMi the robot conducts Verdi with Italian orchestra

PISA, Italy (Reuters) - YuMi the humanoid robot showed no signs of nerves on Tuesday night as it raised its baton to conduct the Lucca Philharmonic orchestra alongside Italian tenor Andrea Bocelli. The two-armed robot, designed by Swiss firm ABB, made its debut at Pisa’s Verdi Theatre to mark ...

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China sets up first 'commercial' quantum network for secure communications

BEIJING (Reuters) - China has set up its first “commercial” quantum network in its northern province of Shandong, state media said, the country’s latest step in advancing a technology expected to enable “hack proof” communications. China touts that it is at the forefron...

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Toshiba to step up chip talks with Bain, Western Digital still in running: Nikkei

TOKYO (Reuters) - Toshiba Corp (6502.T) has signed a memorandum to step up talks to sell its memory chip business to a group led by private equity firm Bain Capital and chipmaker SK Hynix Inc (000660.KS), the Nikkei newspaper said on Wednesday. But the struggling Japanese conglomerate also plans to ...

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WhatsApp co-founder Brian Acton to leave company

(Reuters) - Brian Acton, co-founder of WhatsApp, now owned by Facebook Inc (FB.O), will leave the messaging service company to start a new foundation, he said in a Facebook post on Tuesday. Acton spent eight years with WhatsApp, which Facebook bought in 2014 for $19 billion in cash and stock. A Stan...

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New Apple Watch that makes calls turns comic book fantasy into reality

CUPERTINO, Calif. (Reuters) - More than two years after releasing the Apple Watch, Apple Inc has finally been able to replicate 1940s comic strip technology, an advance that analysts say will spur sales. The Series 3 of the Apple Watch, released on Tuesday along with the much-anticipated iPhone X, f...

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Equifax CEO says company 'will make changes' after security breach

WASHINGTON (Reuters) - Equifax Inc “will make changes” after a security breach in July that may have exposed the data of up to 143 million people, the company’s Chief Executive Officer Richard Smith said in an opinion piece in USA Today on Tuesday. Smith said the company first lear...

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Cryptocurrency chaos as China cracks down on ICOs

SHANGHAI/BEIJING (Reuters) - China’s move last week to ban initial coin offerings (ICO) has caused chaos among start-ups looking to raise money through the novel fund-raising scheme, prompting halts, about-turns and re-thinks. China is cracking down on fundraising through launches of token-bas...

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Apple: Will a $1,000 phone deliver a $1 trillion company?

(Reuters) - At around $830 billion, Apple Inc’s (AAPL.O) stock market value on the day of its newest iPhone launch towers over its next-largest rival and has Wall Street asking: Will it be the first listed company to crack the Big T? If history is any guide, the unveiling on Tuesday of the iPh...

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Teamsters chief fears U.S. self-driving trucks may be unsafe, hit jobs

WASHINGTON (Reuters) - The head of the 1.4-million member International Brotherhood of Teamsters union is mounting an aggressive effort to convince Congress to reject new rules to speed the deployment of self-driving trucks, warning they could lead to the loss of hundreds of thousands of jobs and re...

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Ayuda! (Help!) Equifax Has My Data!

Equifax last week disclosed a historic breach involving Social Security numbers and other sensitive data on as many as 143 million Americans. The company said the breach also impacted an undisclosed number of people in Canada and the United Kingdom. But the official list of victim countries may not ...

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Ayuda! (Help!) Equifax Has My Data!

Equifax last week disclosed a historic breach involving Social Security numbers and other sensitive data on as many as 143 million Americans. The company said the breach also impacted an undisclosed number of people in Canada and the United Kingdom. But the official list of victim countries may not ...

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Apple launches $999 iPhone X in bid to regain innovation lead

CUPERTINO, Calif. (Reuters) - Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a glass and stainless steel device with an edge-to-edge display that Chief Executive Tim Cook called “the biggest leap forward since the original iPhone.” The launch contained few surprises, with...

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