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Goldman Sachs, Wells Fargo and others invest $38 million in research tech startup

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NEW YORK (Reuters) - Goldman Sachs Group Inc has led a $38 million investment round by large banks in Visible Alpha, a young New York-based company that helps investment managers better value the equity research services they receive from…

Apple to pay $38 billion in U.S. taxes, open a new campus

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Thanks to the GOP tax bill, Apple will be able to bring back its treasure trove of cash parked overseas. That means a $38 billion check for uncle Sam, but also a new campus for Apple in the U.S.

Intel: Problem in patches for Spectre, Meltdown extends to newer chips

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(Reuters) - Data center computers with Intel Corp's newer chips might reboot more often than normal because of problems with the patches issued to fix the so-called Spectre and Meltdown security flaws, the company said on Wednesday.

Old hands in South Korea Bitcoin market unfazed by threats of ban

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SEOUL/HONG KONG (Reuters) - Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent.

Top Stories in last day


China's JD.com says will invest over $3 billion in "rustbelt" regions: Xinhua

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SHANGHAI (Reuters) - Chinese online retailer JD.com will invest more than 20 billion yuan ($3.11 billion) in the country's northeastern "rustbelt" regions over the next three years, the Xinhua news agency reported on Thursday, citing the…


Uber partners with taxi firm ComfortDelGro for new Singapore service

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SINGAPORE (Reuters) - Uber Technologies and Singapore's top taxi operator ComfortDelGro Corp Ltd will launch a new ride-hailing service in Singapore from Friday, as they team up against their key regional rival Grab.


South Korea considers shutting down domestic cryptocurrency exchanges

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SEOUL (Reuters) - South Korean policymakers joined the global chorus of virtual-coin critics on Thursday, saying Seoul is considering shutting down domestic virtual currency exchanges as the new breed of market exposes users to speculative…


CORRECTED-Toshiba sees $3.7 bln balance sheet improvement from Westinghouse deal

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TOKYO (Reuters) - Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group - a move that would contribute to an improvement of about 410 billion yen ($3.68…


Big portion of future GM electric vehicles for China market: executive

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DETROIT (Reuters) - General Motors Co's China unit will sell a "substantial portion" of the automaker's future electric vehicles, GM China President Matt Tsien said on Wednesday.


U.S. enterprise telecoms firm Avaya trades again after bankruptcy

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(Reuters) - Avaya Holdings Corp shares started trading on Wednesday on the New York Stock Exchange, the first time the enterprise telecommunications provider has been public in more than a decade.

Verizon says new U.S. tax law to increase fourth-quarter earnings

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NEW YORK (Reuters) - Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8…


UPDATE 3-FTC investigating Broadcom for antitrust practices

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(Reuters) - The Federal Trade Commission (FTC) is investigating whether chipmaker Broadcom Ltd engaged in anticompetitive tactics in negotiations with customers, the company said on Wednesday.

Apple issues $2,500 bonuses to employees after new tax law: Bloomberg

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(Reuters) - Apple Inc told its employees on Wednesday that the iPhone maker is issuing a bonus of $2,500 worth of restricted stock units following the new U.S. tax reform, Bloomberg reported, citing people familiar with the matter.


UPDATE 2-Twitter may notify users exposed to Russian propaganda during 2016 election

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WASHINGTON (Reuters) - Twitter may notify users whether they were exposed to content generated by a suspected Russian propaganda service, a company executive told U.S. lawmakers on Wednesday.

Under threat: Cyber security startups fall on harder times

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SAN FRANCISCO (Reuters) - A wave of cyber attacks by criminals, spies and hacker activists should make these heady days for U.S. cyber security startups.

Regulatory fears hammer bitcoin below $10,000, half its peak

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LONDON/TOKYO (Reuters) - Bitcoin fell as much as 20 percent on Wednesday, piercing below $10,000, while other cryptocurrencies took similar spills due to investor fears that regulators could clamp down on them in an effort to curb…

Tom Siebel's billion-dollar software firm raises $100 million

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SAN FRANCISCO (Reuters) - C3 IoT, a software company founded and run by longtime Silicon Valley executive Thomas Siebel that helps companies collect and analyze data, has raised another $100 million in a new funding backed by TPG Growth,…


Facebook widens probe into alleged Russian meddling in Brexit

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SAN FRANCISCO (Reuters) - Facebook Inc said on Wednesday it would conduct a new, comprehensive search of its records for possible propaganda that Russian operatives may have spread during the run-up to Britain's 2016 referendum on EU…


Crypto stocks tumble as bitcoin selloff continues

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(Reuters) - A slew of blockchain- and bitcoin-related stocks sank on Wednesday following a steep fall in the price of the cryptocurrency over the past few days on fears of regulatory clampdowns.


Bitcoin slumps below $10,000, half its peak, as regulatory fears intensify

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LONDON/TOKYO (Reuters) - Bitcoin skidded below $10,000 on Wednesday, halving in value from its peak price, with investors gripped by fears regulators could clamp down on the volatile cryptocurrency that sky-rocketed last year.

Wednesday, Jan 17

Bitcoin jolted by regulation worries, tumbles 11 percent on extended sell-off

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TOKYO/LONDON (Reuters) - Bitcoin skidded more than 11 percent on Wednesday, extending a precipitous downturn in fortunes with investors spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.

Standard Chartered creates fintech investment unit

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LONDON (Reuters) - Standard Chartered said on Wednesday it had established a business unit to invest in financial technology and promote innovation.

Microsoft tops Thomson Reuters top 100 global tech leaders list

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(Reuters - Thomson Reuters Corp on Wednesday published its debut "Top 100 Global Technology Leaders" list with Microsoft Corp in the no. 1 spot, followed by chipmaker Intel Corp and network gear maker Cisco Systems Inc .

21 states sue to keep net neutrality as Senate Democrats reach 50 votes

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(Reuters) - A group of 21 U.S. state attorneys general filed suit to challenge the Federal Communications Commission's decision to do away with net neutrality on Tuesday while Democrats said they needed just one more vote in the Senate to…

Tuesday, Jan 16

U.S. Senate Democrats close to majority in drive to restore net neutrality

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(Reuters) - U.S. Senate Democrats said on Tuesday they had the backing of 50 members of the 100-person chamber to overturn the U.S. Federal Communications Commission’s decision to reverse the Obama administration's net neutrality rules,…

Google to expand cloud infrastructure with new regions, submarine cables

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(Reuters) - Alphabet Inc's Google said on Tuesday it would add five regions and build three new submarine cables as it expands its infrastructure for cloud customers.

Exclusive: U.S. lawmakers urge AT&T to cut commercial ties with Huawei - sources

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WASHINGTON (Reuters) - U.S. lawmakers are urging AT&T Inc, the No. 2 wireless carrier, to cut commercial ties to Chinese phone maker Huawei Technologies Co Ltd and oppose plans by telecom operator China Mobile Ltd to enter the U.S. market…

China consumer group seeks answers from Apple about slowing iPhones

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SHANGHAI (Reuters) - A Chinese consumer group has asked Apple for information about the slowing of older iPhones after operating system updates, demanding a reply before Friday, state news agency Xinhua reported.

Monday, Jan 15

Google to relaunch map service in China: Nikkei

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(Reuters) - Alphabet Inc's Google will relaunch its map service in China after an eight-year absence, Nikkei reported on Monday.

SoftBank considers IPO for Japan wireless unit, said to seek $18 billion

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TOKYO (Reuters) - SoftBank Group Corp said on Monday it was considering listing its Japanese wireless business - a move that could reportedly raise $18 billion and would accelerate the conglomerate's transformation into one of the world's…

UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022

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DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the…

Softbank plans $18 billion IPO of mobile phone unit this year - Nikkei

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TOKYO (Reuters) - SoftBank Group Corp plans to list its mobile-phone business and raise some $18 billion, the Nikkei newspaper said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global…

Sunday, Jan 14

Softbank plans $18 billion IPO of mobile phone unit as soon as spring: Nikkei

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TOKYO (Reuters) - SoftBank Group Corp plans to list its core mobile-phone unit in Tokyo and overseas as early as this spring, raising some 2 trillion yen ($18 billion) in one of Japan's biggest initial public offerings, the Nikkei…

U.S. transport chief to unveil revised self-driving car guidelines

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DETROIT (Reuters) - The Trump administration plans to unveil revised self-driving car guidelines this summer as the government sets out to rewrite regulations that pose legal barriers to robot vehicles, U.S. Transportation Secretary Elaine…

Softbank invests 460 million euros in Germany's Auto1: sources

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BERLIN (Reuters) - Japan's Softbank will invest 460 million euros ($561 million) in used-car dealing platform Auto1, marking the first investment in Germany by its Vision Fund, according to sources familiar with the matter.

Saturday, Jan 13

Exclusive: Current and former Uber security staffers cast doubt on spying claims

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SAN FRANCISCO (Reuters) - The former security chief of Uber Technologies Inc. swore in a closed legal proceeding that he knew of no attempts to steal trade secrets from anyone, including Alphabet Inc's self-driving unit Waymo, and would be…

CORRECTED-(OFFICIAL)-Which voice in your fridge? Makers pick virtual assistants

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LAS VEGAS (Reuters) - Who would you rather have in your fridge? Alexa, Cortana, or some as-yet unknown virtual assistant?

UPDATE 1-Facebook's Sandberg, Twitter's Dorsey to leave Disney board

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LOS ANGELES (Reuters) - Facebook Inc Chief Operating Officer Sheryl Sandberg and Twitter Inc Chief Executive Jack Dorsey will not seek re-election to Walt Disney Co's board because of growing conflicts of interest between the media giant…

Facebook shares slip after News Feed overhaul

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Shares of Facebook fell after chief executive Mark Zuckerberg announced changes to News Feed that he said would hit user engagement in the near term. Aleksandra Michalska reports.