Exclusive: Mastercard and VeriFone launch UK point-of-sale financing app

CANNES, France (Reuters) - British shoppers will soon be able to decide to spread the cost of a purchase over a series of monthly instalments at the point of making a payment with their credit card, in a new partnership between Mastercard Inc card machine maker VeriFone Systems Inc.

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U.S. tech startup Comma.ai giving away self-driving car software

SAN FRANCISCO (Reuters) - Comma.ai, the tech startup that recently pulled the plug on its device to give cars limited self-driving capabilities after being reprimanded by U.S. regulators, has opened up its software secrets to the masses.

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Shamoon virus returns in new Saudi attacks after four-year hiatus

(Reuters) - A version of Shamoon, the destructive computer virus that four years ago crippled tens of thousands of computers at Middle Eastern energy companies, was used two weeks ago to attack computers in Saudi Arabia, according to U.S. security firms.

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GoPro to cut 15 percent of workforce amid sales slump

(Reuters) - Wearable action-camera maker GoPro Inc said on Wednesday it would cut about 15 percent of its workforce and shutter its entertainment business, as the one-time Wall Street favorite cuts costs to help it return to profitability.

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Cook ups Apple support for fight against AIDS

(Reuters) - Apple Inc is expanding its support for the fight against AIDS through the (RED) charity founded by rock singer Bono, Chief Executive Tim Cook said in an interview ahead of World Aids Day.

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Reddit launches crackdown on abuse after CEO is targeted

(Reuters) - Social media website Reddit Inc, known for its commitment to free speech on its platform, will crack down on online harassment by banning or suspending users who target others, its CEO Steve Huffman said in an interview.

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SAP CFO says confident on performance for rest of 2016

FRANKFURT (Reuters) - SAP, Europe's most highly valued technology company, is confident in its outlook both in the short and longer term and sees no obstacle to increasing its annual dividend, Luka Mucic, the company's chief financial officer, said on Wednesday.

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Netflix allows subscribers to binge-watch shows offline

(Reuters) - Video streaming pioneer Netflix Inc said its subscribers would now be able to download popular shows such as "Orange is The New Black" and "Narcos" on their mobile devices at no extra cost.

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Facebook users can now play Pac-Man on Messenger app

(Reuters) - For users hooked on to Facebook's Messenger app, it's game on.

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Data leak on Europol terror group investigations: Dutch TV

AMSTERDAM (Reuters) - Information on numerous international investigations into terrorism groups compiled by Europol was accidentally left online, unguarded by any password, a Dutch television programme reported on Wednesday.

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Curbs on extremist online content threaten free speech: report

WASHINGTON (Reuters) - Governments seeking to curtail the spread of extremist content online risk jeopardizing free speech and privacy rights, an international group comprising some of the largest U.S. technology firms said in a report on Wednesday.

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Cyber Monday sales biggest online shopping day in U.S. history

(Reuters) - Shoppers spent $3.45 billion on Cyber Monday on Samsung 4K TVs, PlayStation 4s and Barbie dolls among other products, marking the largest online sales day in U.S. history.

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Uber defends business model, wants to avert strict EU rules

LUXEMBOURG (Reuters) - Uber [UBER.UL] defended its business model in Europe's highest court on Tuesday, saying its service had made it easier for people to get around and cut pollution as it fights a case which could leave app-based startups facing tougher regulation.

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Ant Financial chief apologizes following backlash over explicit social network groups

BEIJING (Reuters) - The head of Ant Financial Services Group, the payment affiliate of Alibaba Holdings Ltd, apologized on Tuesday following backlash from Chinese netizens over a social feature in the company's payment app that critics say enabled a sexually explicit dating service.

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Merkel says no details on origin of cyber attack on Deutsche Telekom

BERLIN (Reuters) - German Chancellor Angela Merkel said on Tuesday she had no information on where a cyber attack on Deutsche Telekom, which hit its network on Sunday and Monday, came from.

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Chinese firms hit by huge increase in cyber attacks: survey

HONG KONG (Reuters) - Cyber attacks on Chinese companies have soared in the past two years, according to a survey, with new technologies that connect household items to the internet and allow them to receive and send data seen as particularly vulnerable.

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Spy chief adds to warnings of Russian cyber attacks on Germany

BERLIN (Reuters) - Germany's spy chief warned that Russian hackers may target next year's German election with campaigns of misinformation that could undermine the democratic process, echoing concerns voiced by the country's domestic intelligence director.

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Top automakers fund charging sites to boost electric-car demand

BERLIN (Reuters) - Top carmakers in Germany have agreed to jointly invest in thousands of ultra-fast charging sites across Europe to boost mainstream acceptance of electric cars, the companies said.

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Delphi, Mobileye to use Intel chip for self-driving car system

(Reuters) - Auto parts maker Delphi Automotive Plc and Israeli technology firm Mobileye NV will put an Intel Corp chip at the heart of their joint effort to produce self-driving vehicles by 2019, the companies said on Tuesday.

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Australian regulator opposes collective bank bargaining on Apple Pay

SYDNEY (Reuters) - Three of Australia's four biggest banks will be barred from collectively bargaining with Apple Inc over its mobile digital payments system, under a draft decision released by the antitrust regulator on Tuesday.

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Samsung Elec says reviewing shift to holding company structure

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Tuesday it will consider whether to transition to a holding company structure, a move long expected as the next succession step for the founding Lee family's heirs.

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U.S. letter reveals details of GM self-driving vehicle system

WASHINGTON (Reuters) - General Motors Co's semi-autonomous "Super Cruise" system will allow drivers to take their hands off the steering wheel for extended periods, but will stop the vehicle automatically if drivers are not attentive, according to a government letter made public on Monday.

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Samsung to unveil shareholder return plans amid calls to split company

SEOUL (Reuters) - Samsung Electronics Co Ltd said it will disclose plans to boost shareholder value on Tuesday - a move that comes amid pressure from U.S. fund Elliott Management to split the company in two and provide more in payouts.

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AT&T unveils DirecTV Now streaming service ahead of Nov 30 launch

NEW YORK (Reuters) - AT&T Inc, the largest U.S. TV provider, took the wraps off its new DirecTV Now streaming service on Monday, making a foray into the new and crowded online video service market and hoping to win subscribers who shun pay-television subscriptions.

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Self-driving cars coming to public roads of Ontario, Canada

(Reuters) - Self-driving cars, including those backed in part by the phonemaker BlackBerry Ltd, have been approved for testing on Canadian public roads in the country's first such program, the government for the province of Ontario said on Monday.

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San Francisco public transit system hit in ransomware attack

(Reuters) - The San Francisco Municipal Transportation Agency said on Monday it had contained a cyber attack, which local media reported had crippled its ticketing systems and forced it to offer free service to some customers during the Thanksgiving weekend.

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Exclusive: Chinese government money backs buyout firm’s deal for U.S. chip maker

SAN FRANCISCO/NEW YORK/HONG KONG (Reuters) - Canyon Bridge Capital Partners, a buyout fund that agreed to acquire U.S.-based chip maker Lattice Semiconductor Corp for $1.3 billion earlier this month, is funded partly by cash originating from China's central government and also has indirect links to its space program, Chinese corporate filings show.

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Actelion's ambitious independent-minded CEO will drive up takeover price

ZURICH (Reuters) - Actelion Chief Executive Jean-Paul Clozel's desire to keep Europe's biggest biotech company independent after building it from scratch, means Johnson & Johnson will have to pay a steep premium if a takeover is to succeed.

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Meitu's Hong Kong IPO to value China photo app maker at up to $4.5 billion: IFR

HONG KONG (Reuters) - Chinese photo app and mobile phone maker Meitu Inc is set to launch an up to $735 million IPO in Hong Kong that would value it at as much as $4.5 billion, IFR reported, making it among the 10 largest tech companies listed in the city.

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Uber drivers in U.S. cities to join planned worker protests

LOS ANGELES (Reuters) - Drivers for ride service company Uber will join planned nationwide protests on Tuesday, when activists and low-wage workers renew their call for better pay and the right to join a union in the wake of Donald Trump's U.S. presidential election win, organizers said.

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Fearing tighter U.S. visa regime, Indian IT firms rush to hire, acquire

BENGALURU (Reuters) - Anticipating a more protectionist U.S. technology visa program under a Donald Trump administration, India's $150 billion IT services sector will speed up acquisitions in the United States and recruit more heavily from college campuses there.

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BMW to offer new version of i3 electric car in 2017: Welt am Sonntag

FRANKFURT (Reuters) - German luxury carmaker BMW plans to launch a new version of its i3 electric car next year with a longer range and revamped design, German weekly Welt am Sonntag reported, citing company sources.

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Uber in landmark court battle on Tuesday to escape strict rules

BRUSSELS (Reuters) - Uber [UBER.UL] will seek to convince Europe's top court next week that it is a digital service, not a transport company, in a case that could determine whether app-based startups should be exempt from strict laws meant for regular companies.

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Xiaomi says shrinking smartphone sales won't hit the company

BEIJING (Reuters) - Sharp drops in smartphone sales for China's Xiaomi Inc [XTC.UL] will not have a major impact on the company as profit growth will be driven by sales from smart home devices as well as revenue from its software eco-system, a senior executive said.

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Actelion shares surge on reported J&J takeover approach

ZURICH/FRANKFURT (Reuters) - Shares in Actelion Ltd jumped as much as 19 percent to record highs on Friday on reports that U.S. healthcare company Johnson & Johnson was interested in a takeover of the fast-growing Swiss biotechnology firm.

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Thanksgiving sales surge online as shoppers stay home for holiday

(Reuters) - Online spending by U.S. bargain hunters climbed to above $1 billion by Thanksgiving evening, according to Adobe Digital Index, surging almost 14 percent from a year ago and reflecting a broader trend away from brick-and-mortar shopping.

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Britons look online for Black Friday bargains

LONDON (Reuters) - British retailers' websites, and to a lesser extent their stores, were awash with discounted goods on Friday as shoppers chased "Black Friday" deals in a spending spree that is expected to top last year's record level.

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GoDaddy in exclusive talks to buy Host Europe: sources

LONDON (Reuters) - U.S. website domain name provider GoDaddy is in exclusive talks to buy peer Host Europe Group (HEG) as it seeks to expand in higher-margin businesses beyond the initial set-up of websites, people close to the matter said.

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As Samsung moves on from Note 7 crisis, SDI battery affiliate struggles

SEOUL (Reuters) - In the shadows of Samsung Electronics' Note 7 smartphone crisis, affiliate Samsung SDI is quietly reassuring anxious clients including Apple Inc that its batteries are safe.

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UK wartime codebreaking center becomes cyber education college

BLETCHLEY, England (Reuters) - It was once the home of Britain's codebreakers during World War Two. Now more than 70 years later, Bletchley Park is preparing to host the UK's first national college of cyber education, with a first intake of students starting in September 2018.

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Personal data for more than 130,000 sailors hacked: U.S. Navy

WASHINGTON (Reuters) - Hackers gained access to sensitive information, including Social Security numbers, for 134,386 current and former U.S. sailors, the U.S. Navy said on Wednesday.

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Exclusive: Microsoft set to win EU approval for LinkedIn buy - sources

BRUSSELS (Reuters) - Microsoft is set to gain EU approval for its $26 billion buy of professional social network LinkedIn with tweaks to concessions aimed at addressing competition concerns, three people close to the matter said on Wednesday.

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U.S., Russia request Czechs extradite arrested Russian hacker

PRAGUE (Reuters) - The United States and Russia have requested the extradition of a Russian man arrested in the Czech Republic and indicted in the United States for hacking computers belonging to LinkedIn, Dropbox and Formspring, the Czech news agency CTK reported on Wednesday.

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Exclusive: Google nears tax settlement with Indonesian government - sources

JAKARTA (Reuters) - Alphabet Inc's Google is expected to reach a tax settlement with the Indonesian government in the next few weeks, people familiar with the matter told Reuters.

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Germany's Merkel says supports efforts against hate speech

BERLIN (Reuters) - German Chancellor Angela Merkel on Wednesday threw her support behind efforts to fight the use of hate speech posted on social media platforms like Facebook, Twitter, and Google's YouTube.

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Facebook builds censorship tool to attain China re-entry: NYT

(Reuters) - Facebook Inc has quietly developed a censorship tool that could persuade China to allow the world's biggest social media network to re-enter the world's second largest economy after a seven-year ban, the New York Times reported on Tuesday.

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Philippines money laundering body charges bankers for ignoring cyber heist

MANILA (Reuters) - An anti-money laundering body in the Philippines has filed charges against five officials of RCBC bank and a former treasurer who "wilfully ignored" suspicious activity that led to tens of millions of dollars vanishing after a heist on Bangladesh's central bank.

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AppNexus bans Breitbart from ad network, citing hate speech

(Reuters) - Breitbart News, the outlet once led by U.S. President-elect Donald Trump's chief strategist, has been blocked by one of the largest advertising networks serving digital publishers due to hate speech.

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GameStop forecasts current-quarter same-store sales below estimates

(Reuters) - GameStop Corp , the world's largest retailer of video games, forecast a bigger-than-expected decline in same-store sales for the crucial holiday quarter, as more players switch to downloading games on their consoles.

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HP Inc revenue rises two percent

(Reuters) - HP Inc , the legacy printer and PC business of the former Hewlett-Packard Co, reported a 2 percent rise in quarterly revenue, helped by higher sales of its notebooks.

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Microsoft offers EU hardware, software LinkedIn concessions: sources

BRUSSELS (Reuters) - Microsoft will still allow LinkedIn's rivals access to its software and give hardware makers the option of installing other services to try to win EU approval for its takeover of the U.S. firm, people familiar with the matter said.

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IBM invests in UK data centers as tech sector defies Brexit worries

LONDON (Reuters) - Global IT group IBM will triple the number of its cloud data centers in Britain, it said on Tuesday, joining Facebook and Google in investing in the UK after its vote to leave the European Union.

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Oracle to buy internet infrastructure provider Dyn

(Reuters) - Business software maker Oracle Corp said on Monday it would buy Dyn, a monitor of global internet performance and traffic, to allow cloud customers to optimize their infrastructure costs and increase web-driven revenue.

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Facebook to expand in UK in latest vote of confidence after Brexit

LONDON (Reuters) - Facebook said it would expand its UK presence by 50 percent in 2017, joining U.S. technology peer Google in boosting investment in Britain despite the uncertainty sparked by the vote to leave the European Union.

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Alibaba Cloud stretches global reach with four new facilities

BEIJING (Reuters) - Alibaba Cloud plans to open four new data facilities outside China, the cloud unit of Alibaba Holdings Ltd said on Monday, as it seeks to grab global market share from leading players Amazon.com Inc and Microsoft.

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Tech worker visas face uncertain future under Trump, Sessions

SAN FRANCISCO (Reuters) - The main U.S. visa program for technology workers could face renewed scrutiny under President-elect Donald Trump and his proposed Attorney General, Senator Jeff Sessions, a long-time critic of the skilled-worker program.

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Wal-Mart will offer Cyber Monday deals starting Black Friday

CHICAGO (Reuters) - Wal-Mart Stores Inc will start offering online deals reserved for Cyber Monday two days in advance this year, joining a growing list of U.S. retailers who offer web promotions over the Thanksgiving weekend.

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Galaxy Note 7 recall did not damage Samsung brand in U.S.: Reuters/Ipsos poll

SAN FRANCISCO (Reuters) - A global recall of fire-prone Galaxy Note 7 smartphones did not appear to hurt U.S. consumers' willingness to buy Samsung Electronics phones, a Reuters/Ipsos opinion poll released on Sunday showed.

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Facebook's Zuckerberg discloses steps to fight fake news

(Reuters) - Facebook Inc, facing withering criticism for failing to stem a flood of phony news articles in the run-up to the U.S. presidential election, is taking a series of steps to weed out hoaxes and other types of false information, chief executive Mark Zuckerberg said in a Facebook post Friday evening.

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Symantec in the lead to acquire LifeLock: sources

(Reuters) - Symantec Corp is in the lead to acquire LifeLock Inc following an auction for the U.S. identity theft protection services company, people familiar with the matter said on Sunday.

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India's top e-tailer Flipkart eyes groceries; renewed push in furniture

BENGALURU (Reuters) - India's top e-commerce player Flipkart plans to move into the groceries space and make a renewed push in the online furniture business, as it expands its product portfolio and looks to outmaneuver global giant Amazon.com in a burgeoning Indian market.

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China says terrorism, fake news impel greater global internet curbs

WUZHEN, China (Reuters) - China's ambitions to tighten up regulation of the Internet have found a second wind in old fears - terrorism and fake news.

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Novartis backs off from 2016 date for testing Google autofocus lens

ZURICH (Reuters) - Novartis has abandoned a 2016 goal to start testing its autofocus contact lens on people, though it said the groundbreaking product it is making with internet giant Google is "progressing steadily."

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Facebook sets $6 billion buyback; accounting chief to leave

(Reuters) - Social media giant Facebook Inc on Friday set a $6 billion buyback program for its Class A shares, beginning in the first quarter of 2017.

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Fiat Chrysler teams up with Amazon to sell cars online

MILAN (Reuters) - Fiat Chrysler Automobiles (FCA) said it has teamed up with U.S. internet giant Amazon to start selling cars online offering an additional discount.

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U.S. says concerned over Russia blocking access to LinkedIn

MOSCOW (Reuters) - The U.S. government said on Friday it was deeply concerned over Russia's decision to block public access to networking site LinkedIn, saying it created a precedent that could be used to justify blocking other sites operating in Russia.

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BMW, Baidu joint project on self-driving cars breaks down

GUANGZHOU/WUZHEN, China (Reuters) - German automaker BMW and Chinese internet giant Baidu will end their joint research on self-driving cars, executives for the two firms said on Friday, with Baidu now searching for new global research partners.

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Hedge in the cloud: funds outsourcing computing power step into unknown

LONDON (Reuters) - Tucked into the attic of a Georgian building in London's West End, seven people run a $200 million hedge fund following artificial intelligence formulas. But the supercomputers that process their complex algorithms are nowhere to be seen.

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Danish high court convicts, fines Uber driver for lacking taxi permits

COPENHAGEN (Reuters) - An Uber driver in Denmark was convicted on appeal of violating taxi laws on Wednesday and fined 6,000 Danish crowns ($855.10), the latest blow to the ride-hailing app that has stirred protest and legal action worldwide.

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U.S. extends ZTE reprieve on exports curbs until Feb. 27

HONG KONG (Reuters) - Chinese telecoms equipment group ZTE Corp said on Friday it has won a further reprieve to Feb. 27 on export restrictions that were imposed on the company by the U.S. government.

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South Korea rejects Google request to take government mapping data out of country

SEOUL (Reuters) - South Korea said on Friday it has rejected Google's latest request for permission to use government mapping data in servers outside the country, citing security issues with North Korea.

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Russia starts blocking LinkedIn website after court ruling

MOSCOW (Reuters) - Russia's communications regulator ordered public access to LinkedIn's website to be blocked on Thursday to comply with a court ruling that found the social networking firm guilty of violating a data storage law.

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Snap's youthful founders show no fear in race to IPO

SAN FRANCISCO (Reuters) - Snap Inc, the red-hot messaging company, is seen by many tech investors as the next Facebook or Google, but its youthful founders are pushing far more aggressively than its predecessors in moving from scrappy startup to public company.

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Russia starts blocking LinkedIn website after court ruling

MOSCOW (Reuters) - Russia's communications regulator ordered public access to LinkedIn's website to be blocked on Thursday to comply with a court ruling that found the social networking firm guilty of violating a data storage law.

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Snap's youthful founders show no fear in race to IPO

SAN FRANCISCO (Reuters) - Snap Inc, the red-hot messaging company, is seen by many tech investors as the next Facebook or Google, but its youthful founders are pushing far more aggressively than its predecessors in moving from scrappy startup to public company.

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Twitter CEO apologizes for allowing white supremacist ad

(Reuters) - Twitter's Chief Executive Jack Dorsey apologized on Thursday after the microblogging service let through an ad promoting a white supremacist group.

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Russia starts blocking LinkedIn website after court ruling

MOSCOW (Reuters) - Russia's communications regulator ordered public access to LinkedIn's website to be blocked on Thursday to comply with a court ruling that found the social networking firm guilty of violating a data storage law.

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Google, an Obama ally, may face policy setbacks under Trump

WASHINGTON/SAN FRANCISCO (Reuters) - Alphabet Inc's Google faces a tougher regulatory landscape as U.S. President-elect Donald Trump's incoming administration looks poised to reverse Obama administration policies that often favored the internet giant in the company's battles with telecoms and cable heavyweights, analysts say.

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Twitter CEO apologizes for allowing white supremacist ad

(Reuters) - Twitter's Chief Executive Jack Dorsey apologized on Thursday after the microblogging service let through an ad promoting a white supremacist group.

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Google, an Obama ally, may face policy setbacks under Trump

WASHINGTON/SAN FRANCISCO (Reuters) - Alphabet Inc's Google faces a tougher regulatory landscape as U.S. President-elect Donald Trump's incoming administration looks poised to reverse Obama administration policies that often favored the internet giant in the company's battles with telecoms and cable heavyweights, analysts say.

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Twitter CEO apologizes for allowing white supremacist ad

(Reuters) - Twitter's Chief Executive Jack Dorsey apologized on Thursday after the microblogging service let through an ad promoting a white supremacist group.

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Google, an Obama ally, may face policy setbacks under Trump

WASHINGTON/SAN FRANCISCO (Reuters) - Alphabet Inc's Google faces a tougher regulatory landscape as U.S. President-elect Donald Trump's incoming administration looks poised to reverse Obama administration policies that often favored the internet giant in the company's battles with telecoms and cable heavyweights, analysts say.

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Twitter CEO apologizes for allowing white supremacist ad

(Reuters) - Twitter's Chief Executive Jack Dorsey apologized on Thursday after the microblogging service let through an ad promoting a white supremacist group.

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AOL to cut 500 jobs, mostly in corporate units: source

(Reuters) - Verizon Communications Inc's AOL digital media unit will lay off 5 percent of its workforce, or about 500 people, to consolidate operations after recent acquisitions, a person familiar with the situation said on Thursday.

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Twitter CEO apologizes for allowing white supremacist ad

(Reuters) - Twitter's Chief Executive Jack Dorsey apologized on Thursday after the microblogging service let through an ad promoting a white supremacist group.

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AOL to cut 500 jobs, mostly in corporate units: source

(Reuters) - Verizon Communications Inc's AOL digital media unit will lay off 5 percent of its workforce, or about 500 people, to consolidate operations after recent acquisitions, a person familiar with the situation said on Thursday.

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Twitter CEO apologizes for allowing white supremacist ad

(Reuters) - Twitter's Chief Executive Jack Dorsey apologized on Thursday after the microblogging service let through an ad promoting a white supremacist group.

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Tata Consultancy Services calls Dec. 13 shareholder meeting for Mistry vote

MUMBAI (Reuters) - India's Tata Consultancy Services said on Thursday that the company would hold an extraordinary general meeting on Dec. 13 to decide on the removal of former chairman Cyrus Mistry as director from the company's board.

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AOL to cut 500 jobs, mostly in corporate units: source

(Reuters) - Verizon Communications Inc's AOL digital media unit will lay off 5 percent of its workforce, or about 500 people, to consolidate operations after recent acquisitions, a person familiar with the situation said on Thursday.

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Tata Consultancy Services calls Dec. 13 shareholder meeting for Mistry vote

MUMBAI (Reuters) - India's Tata Consultancy Services said on Thursday that the company would hold an extraordinary general meeting on Dec. 13 to decide on the removal of former chairman Cyrus Mistry as director from the company's board.

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AOL to cut 500 jobs, mostly in corporate units: source

(Reuters) - Verizon Communications Inc's AOL digital media unit will lay off 5 percent of its workforce, or about 500 people, to consolidate operations after recent acquisitions, a person familiar with the situation said on Thursday.

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Alibaba, Tencent back Chinese cyber law facing overseas critics

WUZHEN, China (Reuters) - China's Alibaba Group Holding Ltd and Tencent Holdings Ltd rallied behind Beijing's recently-imposed cyber security law on Thursday, following criticism of it from overseas technology rivals.

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Tata Consultancy Services calls Dec. 13 shareholder meeting for Mistry vote

MUMBAI (Reuters) - India's Tata Consultancy Services said on Thursday that the company would hold an extraordinary general meeting on Dec. 13 to decide on the removal of former chairman Cyrus Mistry as director from the company's board.

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Uber says Taiwan's steps against it hurting citizens

TAIPEI (Reuters) - Uber Technologies Inc [UBER.UL] urged Taiwan President Tsai Ing-wen to let the island's people decide whether they want Uber services in Taiwan, the latest salvo in the wrangle between the authorities there and the global ride-hailing service company.

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Tata Consultancy Services calls Dec. 13 shareholder meeting for Mistry vote

MUMBAI (Reuters) - India's Tata Consultancy Services said on Thursday that the company would hold an extraordinary general meeting on Dec. 13 to decide on the removal of former chairman Cyrus Mistry as director from the company's board.

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Russia starts blocking LinkedIn website after court ruling

MOSCOW (Reuters) - Russia's communications regulator ordered public access to LinkedIn's website to be blocked on Thursday to comply with a court ruling that found the social networking firm guilty of violating a data storage law.

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SpaceX seeks U.S. approval for internet-via-satellite network

HOUSTON (Reuters) - Private rocket launch service SpaceX is requesting government approval to operate a massive satellite network that would provide high-speed, global internet coverage, according to newly filed documents with the U.S. Federal Communications Commission.

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Russia starts blocking LinkedIn website after court ruling

MOSCOW (Reuters) - Russia's communications regulator ordered public access to LinkedIn's website to be blocked on Thursday to comply with a court ruling that found the social networking firm guilty of violating data storage laws.

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SpaceX seeks U.S. approval for internet-via-satellite network

HOUSTON (Reuters) - Private rocket launch service SpaceX is requesting government approval to operate a massive satellite network that would provide high-speed, global internet coverage, according to newly filed documents with the U.S. Federal Communications Commission.

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Russia starts blocking LinkedIn website after court ruling

MOSCOW (Reuters) - Russia's communications regulator on Thursday ordered Internet service providers to block public access to the website of social networking company LinkedIn to comply with a court ruling that found the firm guilty of violating data laws.

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SpaceX seeks U.S. approval for internet-via-satellite network

HOUSTON (Reuters) - Private rocket launch service SpaceX is requesting government approval to operate a massive satellite network that would provide high-speed, global internet coverage, according to newly filed documents with the U.S. Federal Communications Commission.

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Google CEO to meet with EU antitrust chief on Friday

(Reuters) - The chief executive of Alphabet Inc's Google and the European Union's antitrust chief will meet on Friday, following the U.S. technology group's formal rejection this month of a spate of charges, including blocking rivals in online search advertising.

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SpaceX seeks U.S. approval for internet-via-satellite network

HOUSTON (Reuters) - Private rocket launch service SpaceX is requesting government approval to operate a massive satellite network that would provide high-speed, global internet coverage, according to newly filed documents with the U.S. Federal Communications Commission.

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Mouse-maker Logitech finds success by moving beyond PC legacy

BARCELONA (Reuters) - Pioneering computer mouse maker Logitech isn't ready to walk away from the personal computer business just yet, even though its chief executive spends all his time these days thinking how to expand into faster-growing accessory markets.

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Google CEO to meet with EU antitrust chief on Friday

(Reuters) - The chief executive of Alphabet Inc's Google and the European Union's antitrust chief will meet on Friday, following the U.S. technology group's formal rejection this month of a spate of charges, including blocking rivals in online search advertising.

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Mouse-maker Logitech finds success by moving beyond PC legacy

BARCELONA (Reuters) - Pioneering computer mouse maker Logitech isn't ready to walk away from the personal computer business just yet, even though its chief executive spends all his time these days thinking how to expand into faster-growing accessory markets.

Read more

Google CEO to meet with EU antitrust chief on Friday

(Reuters) - The chief executive of Alphabet Inc's Google and the European Union's antitrust chief will meet on Friday, following the U.S. technology group's formal rejection this month of a spate of charges, including blocking rivals in online search advertising.

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Mouse-maker Logitech finds success by moving beyond PC legacy

BARCELONA (Reuters) - Pioneering computer mouse maker Logitech isn't ready to walk away from the personal computer business just yet, even though its chief executive spends all his time these days thinking how to expand into faster-growing accessory markets.

Read more

Google CEO to meet with EU antitrust chief on Friday

(Reuters) - The chief executive of Alphabet Inc's Google and the European Union's antitrust chief will meet on Friday, following the U.S. technology group's formal rejection this month of a spate of charges, including blocking rivals in online search advertising.

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Twitter suspends accounts of some alt-right figures: USA Today

(Reuters) - Twitter has suspended several accounts linked to the alt-right movement, a loosely organized group that embraces far-right ideologies including white nationalism, USA Today reported.

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Mouse-maker Logitech finds success by moving beyond PC legacy

BARCELONA (Reuters) - Pioneering computer mouse maker Logitech isn't ready to walk away from the personal computer business just yet, even though its chief executive spends all his time these days thinking how to expand into faster-growing accessory markets.

Read more

Twitter suspends accounts of some alt-right figures: USA Today

(Reuters) - Twitter has suspended several accounts linked to the alt-right movement, a loosely organized group that embraces far-right ideologies including white nationalism, USA Today reported.

Read more

Mouse-maker Logitech finds success by moving beyond PC legacy

BARCELONA (Reuters) - Pioneering computer mouse maker Logitech isn't ready to walk away from the personal computer business just yet, even though its chief executive spends all his time these days thinking how to expand into faster-growing accessory markets.

Read more

Twitter suspends accounts of some alt-right figures: USA Today

(Reuters) - Twitter has suspended several accounts linked to the alt-right movement, a loosely organized group that embraces far-right ideologies including white nationalism, USA Today reported.

Read more

Mouse-maker Logitech finds success by moving beyond PC legacy

BARCELONA (Reuters) - Pioneering computer mouse maker Logitech isn't ready to walk away from the personal computer business just yet, even though its chief executive spends all his time these days thinking how to expand into faster-growing accessory markets.

Read more

Twitter suspends accounts of some alt-right figures: USA Today

(Reuters) - Twitter has suspended several accounts linked to the alt-right movement, a loosely organized group that embraces far-right ideologies including white nationalism, USA Today reported.

Read more

Mouse-maker Logitech finds success by moving beyond PC legacy

BARCELONA (Reuters) - Pioneering computer mouse maker Logitech isn't ready to walk away from the personal computer business just yet, even though its chief executive spends all his time these days thinking how to expand into faster-growing accessory markets.

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Apple, tech stocks show signs of life after Trump thump

Shares of Apple gain 2.3 pct on Wednesday in their biggest increase since President-elect Donald Trump's surprise election victory a week ago

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Twitter suspends accounts of some alt-right figures: USA Today

(Reuters) - Twitter has suspended several accounts linked to the alt-right movement, a loosely organized group that embraces far-right ideologies including white nationalism, USA Today reported.

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Facebook aims for more transparency with video ad data

(Reuters) - Two months after Facebook Inc admitted it had inflated the average time it told advertisers that users were watching their video ads, the company is promising better data to give ad buyers a clearer picture of how they are spending their money.

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Apple, tech stocks show signs of life after Trump thump

Shares of Apple gain 2.3 pct on Wednesday in their biggest increase since President-elect Donald Trump's surprise election victory a week ago

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Koch Industries' investment arm buys more than $2 billion stake in Infor

SAN FRANCISCO (Reuters) - The investment arm of Koch Industries, the industrial conglomerate of the billionaire Koch brothers, is spending more than $2 billion to take a significant stake in enterprise software provider Infor, the companies said on Wednesday.

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Microsoft offers EU concessions over its $26 billion LinkedIn bid

BRUSSELS (Reuters) - Microsoft has offered concessions to EU antitrust regulators over its $26 billion bid for social network LinkedIn, the European Commission said on Wednesday, as the U.S. software company seeks to allay concerns over its largest ever deal.

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Koch Industries' investment arm buys more than $2 billion stake in Infor

SAN FRANCISCO (Reuters) - The investment arm of Koch Industries, the industrial conglomerate of the billionaire Koch brothers, is spending more than $2 billion to take a significant stake in enterprise software provider Infor, the companies said on Wednesday.

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Microsoft offers EU concessions over its $26 billion LinkedIn bid

BRUSSELS (Reuters) - Microsoft has offered concessions to EU antitrust regulators over its $26 billion bid for social network LinkedIn, the European Commission said on Wednesday, as the U.S. software company seeks to allay concerns over its largest ever deal.

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Koch Industries' investment arm buys more than $2 billion stake in Infor

SAN FRANCISCO (Reuters) - The investment arm of Koch Industries, the industrial conglomerate of the billionaire Koch brothers, is spending more than $2 billion to take a significant stake in enterprise software provider Infor, the companies said on Wednesday.

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Microsoft offers EU concessions over its $26 billion LinkedIn bid

BRUSSELS (Reuters) - Microsoft has offered concessions to EU antitrust regulators over its $26 billion bid for social network LinkedIn, the European Commission said on Wednesday, as the U.S. software company seeks to allay concerns over its largest ever deal.

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China's Xi urges cooperation among nations in governance of global internet

WUZHEN, China (Reuters) - Chinese President Xi Jinping on Wednesday called for greater cooperation among nations in developing and governing the internet, while reiterating the need to respect so-called "cyber sovereignty".

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Taiwan to ask for removal of Uber apps from Apple, Google app stores

TAIPEI (Reuters) - Taiwan plans to ask Apple Inc and Alphabet Inc's Google to pull apps of Uber Technologies available in Taiwan on their app stores, a government official said, upping pressure on the ride-hailing firm that is locked in a dispute with the island.

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Snapchat files for one of the biggest tech IPOs in years: sources

(Reuters) - Snapchat has filed for an initial public offering, sources familiar with the situation said on Tuesday, which puts the messaging app a step closer to the biggest U.S. stock market debut since 2014.

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Taiwan to ask for removal of Uber apps from Apple, Google app stores

TAIPEI (Reuters) - Taiwan plans to ask Apple Inc and Alphabet Inc's Google to pull apps of Uber Technologies available in Taiwan on their app stores, a government official said, upping pressure on the ride-hailing firm that is locked in a dispute with the island.

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Snapchat files for one of the biggest tech IPOs in years: sources

(Reuters) - Snapchat has filed for an initial public offering, sources familiar with the situation said on Tuesday, which puts the messaging app a step closer to the biggest U.S. stock market debut since 2014.

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Taiwan to ask for removal of Uber apps from Apple, Google app stores

TAIPEI (Reuters) - Taiwan plans to ask Apple Inc and Alphabet Inc's Google to pull apps of Uber Technologies available in Taiwan on their app stores, a government official said, upping pressure on the ride-hailing firm that is locked in a dispute with the island.

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Britain's Morrisons launches store pick grocery service with Amazon

LONDON (Reuters) - British supermarket Morrisons has further developed its wholesale relationship with Amazon, launching a store pick service for the online retailer's customers, it said on Wednesday.

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Elon Musk-backed AI startup and Microsoft sign cloud agreement

(Reuters) - OpenAI, the non-profit artificial intelligence (AI) research firm backed by Tesla Motors Inc's Elon Musk and other prominent tech executives, has signed an agreement to run most of its large-scale experiments on Microsoft Corp's flagship cloud service, Azure.

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Twitter to upgrade some features to thwart cyber-bullying

(Reuters) - Twitter, facing pressure for not doing enough to curb abusive behavior on its platform, said on Tuesday it would upgrade some features to better combat cyber-bullying.

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Elon Musk-backed AI startup and Microsoft sign cloud agreement

(Reuters) - OpenAI, the non-profit artificial intelligence (AI) research firm backed by Tesla Motors Inc's Elon Musk and other prominent tech executives, has signed an agreement to run most of its large-scale experiments on Microsoft Corp's flagship cloud service, Azure.

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Twitter to upgrade some features to thwart cyber-bullying

(Reuters) - Twitter, facing pressure for not doing enough to curb abusive behavior on its platform, said on Tuesday it would upgrade some features to better combat cyber-bullying.

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Elon Musk-backed AI startup and Microsoft sign cloud agreement

(Reuters) - OpenAI, the non-profit artificial intelligence (AI) research firm backed by Tesla Motors Inc's Elon Musk and other prominent tech executives, has signed an agreement to run most of its large-scale experiments on Microsoft Corp's flagship cloud service, Azure.

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Twitter to upgrade some features to thwart cyber-bullying

(Reuters) - Twitter, facing pressure for not doing enough to curb abusive behavior on its platform, said on Tuesday it would upgrade some features to better combat cyber-bullying.

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Elon Musk-backed AI startup and Microsoft sign cloud agreement

(Reuters) - OpenAI, the non-profit artificial intelligence (AI) research firm backed by Tesla Motors Inc's Elon Musk and other prominent tech executives, has signed an agreement to run most of its large-scale experiments on Microsoft Corp's flagship cloud service, Azure.

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Twitter to upgrade some features to thwart cyber-bullying

(Reuters) - Twitter, facing pressure for not doing enough to curb abusive behavior on its platform, said on Tuesday it would upgrade some features to better combat cyber-bullying.

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Elon Musk-backed AI startup and Microsoft sign cloud agreement

(Reuters) - OpenAI, the non-profit artificial intelligence (AI) research firm backed by Tesla Motors Inc's Elon Musk and other prominent tech executives, has signed an agreement to run most of its large-scale experiments on Microsoft Corp's flagship cloud service, Azure.

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Twitter to upgrade some features to thwart cyber-bullying

(Reuters) - Twitter, facing pressure for not doing enough to curb abusive behavior on its platform, said on Tuesday it would upgrade some features to better combat cyber-bullying.

Read more

Elon Musk-backed AI startup and Microsoft sign cloud agreement

(Reuters) - OpenAI, the non-profit artificial intelligence (AI) research firm backed by Tesla Motors Inc's Elon Musk and other prominent tech executives, has signed an agreement to run most of its large-scale experiments on Microsoft Corp's flagship cloud service, Azure.

Read more

Twitter to upgrade some features to thwart cyber-bullying

(Reuters) - Twitter, facing pressure for not doing enough to curb abusive behavior on its platform, said on Tuesday it would upgrade some features to better combat cyber-bullying.

Read more

Elon Musk-backed AI startup and Microsoft sign cloud agreement

(Reuters) - OpenAI, the non-profit artificial intelligence (AI) research firm backed by Tesla Motors Inc's Elon Musk and other prominent tech executives, has signed an agreement to run most of its large-scale experiments on Microsoft Corp's flagship cloud service, Azure.

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Google announces artificial intelligence group for Google Cloud

(Reuters) - Alphabet's Google announced the formation of an artificial intelligence group for Google Cloud, the tech company's latest gambit to increase its market share in the lucrative cloud computing business.

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Twitter to upgrade some features to thwart cyber-bullying

(Reuters) - Twitter, facing pressure for not doing enough to curb abusive behavior on its platform, said on Tuesday it would upgrade some features to better combat cyber-bullying.

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Google says it will expand operations in London

LONDON (Reuters) - Alphabet Inc's Google said on Tuesday it will expand its London offices to eventually accommodate 7,000 employees, up from around 4,000 at the moment.

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Twitter to upgrade some features to thwart cyber-bullying

(Reuters) - Twitter, facing pressure for not doing enough to curb abusive behavior on its platform, said on Tuesday it would upgrade some features to better combat cyber-bullying.

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Exclusive: Wells Fargo to unveil robo-adviser partnership with SigFig

(Reuters) - Wells Fargo & Co is set to announce a partnership with SigFig for clients to use the robo-adviser's technology and wealth management investment tools.

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Twitter to upgrade some features to thwart cyber-bullying

(Reuters) - Twitter, facing pressure for not doing enough to curb abusive behavior on its platform, said on Tuesday it would upgrade some features to better combat cyber-bullying.

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Facebook's WhatsApp adds secure video calling amid privacy concerns

SAN FRANCISCO (Reuters) - One of the world’s most popular means of communication, Facebook's WhatsApp, is adding fully encrypted video calling to its messaging app on Monday, a move that comes as privacy advocates worry about the potential for stepped-up government surveillance under a Trump administration.

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U.S. internet firms ask Trump to support encryption, ease regulations

WASHINGTON (Reuters) - U.S. internet companies including Facebook Inc and Amazon Inc have sent President-elect Donald Trump a detailed list of their policy priorities, which includes promoting strong encryption, immigration reform and maintaining liability protections from content that users share on their platforms.

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Electric Jaguar SUV highlights auto industry's cross currents

LOS ANGELES (Reuters) - A lot of strange things can be found in Los Angeles, but a battery-powered Jaguar sport utility vehicle is something new even for Southern California.

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Exclusive: IDG in advanced talks to sell itself to Chinese buyout group: sources

SAN FRANCISCO (Reuters) - International Data Group, a pioneer in technology publishing and owner of such venerable names as PCWorld and the market research firm IDC, is in talks to sell itself for more than $1 billion to a Chinese investor group headed by IDG of Greater China chairman Hugo Shong, according to people familiar with the matter.

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Google says working on policy update to restrict ads on fake news sites

(Reuters) - Alphabet Inc's Google said on Monday it is working on a policy update to restrict its ads from being placed on fake news sites as concerns mount about the rapid spread of inaccurate information online.

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Apple stock extends losses after China warning about Trump

SAN FRANCISCO (Reuters) - Apple's stock extended recent losses on Monday after a warning that iPhone sales could suffer if President-elect Donald Trump follows through on campaign threats to impose new tariffs on China.

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Samsung to buy car tech company Harman for $8 billion

SEOUL (Reuters) - Samsung Electronics has agreed to buy Harman International Industries in an $8 billion deal, marking a major push into the auto electronics market and the biggest overseas acquisition ever by a South Korean company.

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Siemens to buy Mentor Graphics in $4.5 billion deal

FRANKFURT (Reuters) - Siemens agreed to buy U.S.-based Mentor Graphics in a $4.5 billion all-cash deal that will further build the German engineering group's software capabilities.

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Bangladesh hopes to recover $30 million more from cyber heist

DHAKA (Reuters) - Bangladesh's central bank hopes to retrieve $30 million more of the $81 million stolen from its account at the New York Federal Reserve in February, two bank officials said on Monday.

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Volkswagen's Audi in talks with China's SAIC Motor on tie-up

BEIJING (Reuters) - Volkswagen's Audi premium brand is in talks with China's largest automaker, SAIC Motor, on a potential long-term collaboration, Audi said in a statement on Monday.

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BMW eyes 100,000 electric car sales in 2017: Sueddeutsche

BERLIN (Reuters) - BMW wants to boost sales of electric cars by two-thirds next year to 100,000 vehicles as the luxury automaker is offering more battery-powered models, Sueddeutsche Zeitung reported, citing Chief Executive Officer Harald Krueger.

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Daimler boss tells German Greens he shares vision of zero-emission cars

BERLIN (Reuters) - The chairman of Germany's largest luxury carmaker, Daimler-Benz, braved boos and a frosty reception as guest speaker at a Greens party congress on Sunday to tell delegates he too wants CO2-free cars on the roads.

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U.S. regulator has opened Audi investigation: Bild am Sonntag

BERLIN (Reuters) - A U.S. government regulator has started investigating Volkswagen's Audi brand over a reported discovery of a new cheat software device at the luxury carmaker, Bild am Sonntag reported, without citing the source of the information.

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Exclusive: Koch Industries nears investment in Infor, in tech push - sources

(Reuters) - The private investment arm of Koch Industries, the industrial conglomerate of the billionaire Koch brothers, is nearing a deal to acquire a significant minority stake in Infor Inc that will value the business software company at roughly $10 billion, according to people familiar with the matter.

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Consumer drone business stumbles, but commercial markets beckon

SAN FRANCISCO (Reuters) - The fledgling drone industry is in the throes of change as weak consumer demand and falling prices drive startups to shift their focus to specialized business applications.

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Global industry groups voice opposition to China cyber security law

WASHINGTON (Reuters) - More than 40 international business and technology organizations representing hundreds of companies on Friday expressed “deep concerns” to the Chinese government about a new cyber security law they said would likely increase the separation between China and the rest of the world economy.

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Facebook to stop ethnicity-based targeting for some ads

(Reuters) - Facebook Inc said on Friday it would no longer allow certain advertisers to exclude racial or ethnic groups when placing ads on its service, following criticism that the practice was discriminatory.

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Twitter outperforms on ads for BuzzFeed's election livestream

(Reuters) - Twitter said it was able to deliver more viewers than promised to advertisers on an election night livestream, good news for the microblogging site as it tries to ward off growing competition for ad dollars from Snapchat and Instagram.

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EU questions U.S. over Yahoo email scanning, amid privacy concerns

BRUSSELS (Reuters) - The European Commission has asked the United States about a secret court order Yahoo used to scan thousands of customer emails for possible terrorism links, following concerns that may have violated a new data transfer pact.

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Tencent splurges with $220 million worth of shares in surprise birthday giveaway

HONG KONG (Reuters) - Chinese tech giant Tencent Holdings Ltd is giving its employees more than HK$1.7 billion ($220 million) worth of company shares to help celebrate its 18th anniversary.

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Financial firms seek RegTech to cut regulatory chores, fight crime

HONG KONG (Reuters) - Financial services firms are increasingly turning to digital technology to meet onerous regulatory demands aimed at fighting financial fraud, creating a niche tech market that is estimated to grow to around $120 billion by 2020.

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Alibaba Singles' Day sales pass 2015 total, but growth rate slows

SHENZHEN, China (Reuters) - Alibaba Group Holding Ltd's Singles' Day sales surged past last year's 91.2 billion yuan ($13.36 billion) total with nearly nine hours left on the clock, but growth was markedly slower than in 2015 as shoppers sought even bigger price cuts.

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History of music

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Tech stocks drop as Wall Street focuses on Trump stimulus

SAN FRANCISCO (Reuters) - Shares of Amazon.com Inc , Alphabet Inc and other technology companies sank on Thursday as Wall Street sold them to pay for infrastructure names that could benefit from potential economic stimulus spending by U.S. President-elect Donald Trump.

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Judge orders Amazon refunds for children's in-app purchases

(Reuters) - A federal judge on Thursday directed Amazon.com Inc to set up a year-long process to reimburse parents whose children made in-app purchases without permission, but rejected a U.S. regulator's request for a $26.5 million lump-sum payout.

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Hyperloop One preparing new funding round

LISBON (Reuters) - Hyperloop One, which is developing a futuristic high-speed transport system, aims to raise hundreds of millions of dollars of fresh capital next year after a first full-scale test that could secure firm orders from clients, its founders said.

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Nvidia's quarterly revenue jumps 53.6 percent

(Reuters) - Nvidia Corp reported a 53.6 percent jump in quarterly revenue, helped by strong demand for the company's graphics processing chips used in personal computers and data centers.

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Google lawyer says Android helps rather than harms competition

BRUSSELS (Reuters) - Google's Android mobile operating system boosts competition rather than hurts it, the company's general counsel said on Thursday, in a rebuttal of EU antitrust charges that it uses the platform to crush rivals.

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Court upholds ban on LinkedIn website in Russia: Ifax

MOSCOW (Reuters) - A Russian court on Thursday upheld a decision to block the website of social networking company LinkedIn, Interfax news agency reported.

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Photoshop maker Adobe to buy video ad firm TubeMogul

(Reuters) - Photoshop software maker Adobe Systems Inc said on Thursday it would buy advertising company TubeMogul Inc for about $540 million, net of debt and cash, giving it a bigger presence in the rapidly growing online video market.

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EU lawmakers approve plans for coordinated mobile broadband boost

BRUSSELS (Reuters) - European Union lawmakers on Thursday approved plans to coordinate the rollout across the bloc of the 700MHz spectrum band for wireless broadband by 2022 to provide faster mobile broadband and improved access to Internet services.

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Tata escalates boardroom battle with Mistry, ousts him as TCS chairman

MUMBAI (Reuters) - India's $100-billion steel-to-software Tata conglomerate sharply escalated a battle with its ousted chairman Cyrus Mistry, sacking him as head of the group's flagship business and blaming him for nearly pushing the group holding firm into losses.

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Trump election ignites fears over U.S. encryption, surveillance policy

WASHINGTON/SAN FRANCISCO (Reuters) - Donald Trump's surprise election victory has alarmed technology companies and civil libertarians fearful that a self-described 'law and order' president will attempt to expand surveillance programs and rejoin a long-running battle over government access to encrypted information.

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At Samsung Electronics, Lee signals more board power in nod to investors

SEOUL (Reuters) - Jay Y. Lee, de facto head of South Korea's sprawling Samsung Group, accelerated taking a board seat at flagship unit Samsung Electronics partly because of investor pressure to improve governance, two people familiar with the matter said.

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Trump victory jolts automakers, lifts Caterpillar, railroads

(Reuters) - The election of Republican Donald Trump as U.S. president put new pressure on automakers and other manufacturers that depend on open trade with Mexico.

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GM to lay off 2,000 workers at two U.S. plants due to slowing sales

(Reuters) - General Motors Co plans to lay off 2,000 employees at two U.S. auto plants in early 2017, the automaker said on Wednesday.

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German carmakers concerned U.S could damage international trade

FRANKFURT (Reuters) - Volkswagen's Chief Executive and Germany's auto industry association VDA expressed concerns that the election of Donald Trump as United States President could have negative impacts for their companies.

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Ireland to formally submit appeal on Apple case this week

DUBLIN (Reuters) - Ireland's government will this week formally submit its appeal against the European Commission's multi-billion-euro demand for back taxes from Apple, Finance Minister Michael Noonan said on Tuesday.

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Exclusive: Broadcom lines up $6.5 billion bridge loan for Brocade buy

NEW YORK (Reuters LPC) - Six banks will be providing a $6.5 billion financing backing chipmaker Broadcom's acquisition of Brocade, a maker of networking switches, software and storage products, two sources familiar with the financing said.

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Tesla buys Germany's Grohmann Engineering to help ramp up electric car production

FRANKFURT (Reuters) - Electric carmaker Tesla Motors Inc has agreed to buy Germany's Grohmann Engineering GmbH, which develops automated manufacturing systems for batteries and fuel cells, as the California-based company seeks to expand its production more than sixfold by 2018.

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Warburg Pincus to buy stake in United Internet webhosting business

FRANKFURT (Reuters) - Private equity fund Warburg Pincus agreed to buy a third of United Internet's webhosting business 1&1 Internet in a deal valuing the business at 2.55 billion euros ($2.82 billion), the German internet provider said on Tuesday.

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UK's National Crime Agency investigating Tesco Bank cyber attack

LONDON (Reuters) - Britain's National Crime Agency (NCA) is leading a criminal investigation into the theft of money from thousands of bank accounts at Tesco Bank, a unit of Tesco Plc , according to a statement from the National Cyber Security Center (NCSC).

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After Uber case, UK union pushes for pay deal at Deliveroo

LONDON (Reuters) - A trade union is seeking recognition from British food delivery firm Deliveroo to allow it to negotiate a collective pay deal for its drivers, in the latest push for greater employment rights that could hit the flourishing 'gig economy'.

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Too early to say how thefts occurred at Tesco Bank: UK watchdog

LONDON (Reuters) - The theft of money from accounts at Tesco bank is unprecedented in Britain and how it happened is still unknown, Britain's financial watchdog said on Tuesday.

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After cyber attacks, Internet of Things wrestles with making smart devices safer

SINGAPORE/TAIPEI (Reuters) - Recent cyber attacks harnessing everyday devices such as cameras, video recorders, printers, routers and speakers are a wake-up call to the hidden dangers of the Internet of Things.

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China regulator warns e-commerce firms on 'Singles Day' sales tactics

SHANGHAI (Reuters) - China's business regulator said it has warned leading online shopping companies, including Alibaba Group Holding and JD.com, against adopting dodgy sales tactics at the upcoming "Singles Day" festival, China's biggest shopping day of the year.

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South Korea prosecutors raid Samsung Electronics in probe over scandal

SEOUL (Reuters) - South Korean prosecutors raided the offices of Samsung Electronics on Tuesday as part of a probe over a political scandal involving President Park Geun-hye and her friend who is alleged to have exerted improper influence in state affairs.

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Wal-Mart Pay in talks with several mobile wallet companies

CHICAGO (Reuters) - Wal-Mart Stores Inc is in talks with several mobile wallet companies to offer more payment options in its Wal-Mart Pay app, an executive at the world's largest retailer said, after signing up JPMorgan Chase & Co last week.

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Facebook partners with news outlets for Election Day live video blitz

NEW YORK (Reuters) - Facebook said on Monday it would partner with 50 broadcast stations, print and online publications for an Election Day live video blitz, as the social media company aims to build on the momentum of its popular Facebook Live video streaming service.

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NBCUniversal in deal to sell ads for Apple News

(Reuters) - Comcast Corp's NBCUniversal will begin selling ads for Apple Inc’s News app next year in an exclusive deal, the companies announced on Monday.

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China adopts cyber security law in face of overseas opposition

BEIJING (Reuters) - China adopted a controversial cyber security law on Monday to counter what Beijing says are growing threats such as hacking and terrorism, but the law triggered concerns among foreign business and rights groups.

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U.S. telecom firm Windstream to buy EarthLink

(Reuters) - Windstream Holdings Inc said on Monday it would buy fellow U.S. telecommunications company EarthLink Holdings Corp in a deal valued at about $1.1 billion, including debt, in a bid to cut costs and better compete with rivals.

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Ubisoft CEO reiterates desire to keep group independent, eyes Netflix series

PARIS (Reuters) - The head of French software games developer Ubisoft reiterated on Monday his desire to keep Ubisoft independent, in the face of pressure from shareholder Vivendi, and added Ubisoft was in talks with Netflix over a series.

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Tesco Bank stops online transactions after 20,000 hit by fraud

LONDON (Reuters) - Tesco Bank's chief executive said on Monday that it was temporarily stopping online transactions after about 20,000 customers had money removed from their accounts after an attack by fraudsters over the weekend.

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'Prince' of Baidu, tipped for top role, resigns after probe: sources

BEIJING (Reuters) - A top Baidu Inc executive, widely seen as a potential successor to chief executive Robin Li, has resigned after an internal company probe found conflicts of interest involving another firm acquired by the Chinese search engine giant.

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Samsung to launch AI digital assistant service for Galaxy S8

SEOUL (Reuters) - Samsung Electronics Co Ltd said on Sunday it would launch an artificial intelligence digital assistant service for its upcoming Galaxy S8 smartphone, seeking to rebound from the Galaxy Note 7's collapse and differentiate its devices.

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Exclusive: Singulato is China's latest e-car newcomer to rev up with big fundraising

BEIJING (Reuters) - Little-known Chinese electric car start-up Singulato Motors is expected to say this week it raised around $600 million in a second fundraising - the latest such move illustrating China's headlong 'gold rush' into all-electric battery cars.

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Autonomous cars to drive chip sector consolidation says NXP

MUNICH (Reuters) - NXP Semiconductor, the world's largest chip supplier to the automotive industry, expects efforts to make self-driving cars will lead to more consolidation in its sector, the company's automotive head told Reuters.

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Deutsche Telekom to launch drone defense system: report

FRANKFURT (Reuters) - Germany's Deutsche Telekom plans to launch a drone defense system this year designed to guard airports, stadiums, car test tracks and critical infrastructure, German weekly Welt am Sonntag reported on Sunday.

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