Tuesday, January 31, 2017

Facebook to develop app for television set-top boxes: WSJ

(Reuters) - Facebook Inc is creating an app for television set-top boxes, including Apple Inc's Apple TV, the Wall Street Journal reported, citing people familiar with the matter.

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New FCC chair vows to shrink industry regulations

WASHINGTON (Reuters) - The new Republican chairman of the U.S. Federal Communications Commission, Ajit Pai, vowed to pare back outdated commission regulations, but declined to say if he will move quickly to overturn the Obama administration's landmark net neutrality rules.

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Tech companies to meet on legal challenge to Trump immigration order

SAN FRANCISCO (Reuters) - A group of technology companies plans to meet on Tuesday to discuss filing an amicus brief in support of a lawsuit challenging U.S. President Donald Trump's order restricting immigration from seven Muslim-majority countries, said a spokesperson for a company organizing the gathering.

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Uber strikes deal with Daimler to add self-driving Mercedes-Benz to fleet

SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] has signed another deal with a major automaker as the popular ride service accelerates efforts to build out one of the world's first fleets of autonomous vehicles.

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Indian IT sector warns against U.S. visa bill

MUMBAI/BENGALURU (Reuters) - India's IT lobby warned on Tuesday that a bill before the U.S. Congress aimed at imposing tougher visa rules unfairly targets some of its members and will not solve a U.S. labor shortage in technology and engineering.

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Canon unlikely to help Toshiba with investment in memory chip business

TOKYO (Reuters) - Japan's Canon Inc said would be difficult to invest in Toshiba Corp's memory chip business, dousing hopes that the struggling conglomerate could count on its business partner for help as it scrambles for funds to offset a multi-billion dollar writedown.

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Nintendo returns to quarterly operating profit but cuts full-year outlook

OSAKA (Reuters) - Japanese videogames maker Nintendo Co Ltd on Tuesday said revenue from its nascent mobile gaming division helped it book its first profit in four quarters, but blunted the announcement with a one-third cut to its full-year outlook.

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