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Tencent results blow past forecasts on strength in games, WeChat

/  16.08.2017  /  Technology 

HONG KONG (Reuters) – Tencent Holdings Ltd , China’s biggest gaming and social media firm by revenue, trumped forecasts to post its best-ever quarterly results, driven by higher income from smartphone games, payments and online advertising.

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Trump, in tweet, again blasts Amazon over taxes, jobs

/  16.08.2017  /  Technology 

WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday criticized Amazon.com on Twitter over taxes and jobs and accused the global retailer, without evidence, of hurting U.S. localities and causing job losses.

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Fiat Chrysler joins BMW-Intel self-driving car alliance

/  16.08.2017  /  Technology 

SAN FRANCISCO/FRANKFURT (Reuters) – Fiat Chrysler will join an alliance led by BMW to develop self-driving cars, intensifying a race by carmakers and technology companies to develop “robotaxis” which can be called up via smartphone and paid for by the minute.

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Amazon maintains UK investment push with Bristol distribution center

/  16.08.2017  /  Technology 

LONDON (Reuters) – Online retailer Amazon said on Wednesday it would create over 1,000 jobs next year when it opens a distribution center in Bristol, south west England, maintaining its investment push in Britain.

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China Unicom to unveil investment from tech firms on Wednesday: sources

/  16.08.2017  /  Technology 

HONG KONG (Reuters) – Telecoms group China Unicom is set to announce on Wednesday funding from Chinese technology firms and other investors, as part of Beijing’s push for state-owned enterprises to be revitalized with private capital, two people with knowledge of the matter said.

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China e-car newcomer Future Mobility raises $200M in new financing

/  16.08.2017  /  Technology 

BEIJING (Reuters) – A Chinese-funded electric-car startup Future Mobility Corp, led by former BMW and Nissan Motor Co sales executive as president and co-founder, has raised $200 million in its latest round of financing.

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Apple sets record with C$2.5 billion Maple bond market issue

/  16.08.2017  /  Technology 

TORONTO (Reuters) – Apple Inc priced its C$2.5 billion ($1.96 billion) in seven-year bonds in a Canadian-dollar-denominated issue, one of the joint book-running managers said on Tuesday, setting a record amount for an issuer in the Maple bond market.

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Lawsuit over false online data revived after U.S. top court review

/  15.08.2017  /  Technology 

NEW YORK (Reuters) – A federal appeals court on Tuesday revived a California man’s lawsuit accusing Spokeo Inc of publishing an online profile about him that was filled with mistakes.

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Tech companies urge Supreme Court to boost cellphone privacy

/  15.08.2017  /  Technology 

WASHINGTON (Reuters) – More than a dozen high technology companies and the biggest wireless operator in the United States, Verizon Communications Inc , have called on the U.S. Supreme Court to make it harder for government officials to access individuals’ sensitive cellphone data.

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Uber settles U.S. allegations over privacy, security: FTC

/  15.08.2017  /  Technology 

WASHINGTON (Reuters) – Uber has settled allegations with U.S. regulators that the ride-sharing company had made deceptive privacy and data security claims, the Federal Trade Commission said in a statement on Tuesday.

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