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Updated: 2 hours 10 min ago

Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centres: media

5 hours 24 sec ago
TOKYO (Reuters) - Japanese trading house Mitsubishi Corp plans to set up a joint venture with U.S. data centre operator Digital Realty Trust and build around 10 data centres in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday.
Categories: Technology

Alphabet balloon project to provide limited internet in Puerto Rico

8 hours 39 min ago
(Reuters) - Experimental communications balloons provided by Alphabet Inc in collaboration with AT&T Inc will allow some of the carrier's customers in storm-ravaged Puerto Rico to send texts and access critical information on the internet, Alphabet said on Friday.
Categories: Technology

Florida programmer sentenced to 16 months for bitcoin exchange scheme

Fri, 10/20/2017 - 23:47
NEW YORK (Reuters) - A Florida software engineer was sentenced to 16 months in prison on Friday after being found guilty of scheming to help an illegal bitcoin exchange avoid having banks and regulators look into its activities.
Categories: Technology

Snap lays off 18 employees in recruiting division

Fri, 10/20/2017 - 23:26
SAN FRANCISCO (Reuters) - Social media company Snap Inc said on Friday it had laid off 18 people in its recruiting division, an unusual move for a young company with ambitious growth plans and a likely reflection of tough competition from Facebook Inc .
Categories: Technology

Tech companies to lobby for immigrant 'Dreamers' to remain in U.S.

Fri, 10/20/2017 - 22:46
SAN FRANCISCO (Reuters) - Nearly two dozen major companies in technology and other industries are planning to launch a coalition to demand legislation that would allow young, illegal immigrants a path to permanent residency, according to documents seen by Reuters.
Categories: Technology

Bitcoin soars to record high above $6,000

Fri, 10/20/2017 - 21:55
NEW YORK (Reuters) - Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies.
Categories: Technology

Consumer Reports says Tesla misunderstands 'positive' Model 3 rating

Fri, 10/20/2017 - 21:26
DETROIT (Reuters) - Consumer Reports said on Friday that Tesla Inc had apparently misunderstood the "average" reliability rating the magazine assigned to the electric carmaker's Model 3 sedan this week, calling it generally "positive" for an all-new vehicle.
Categories: Technology

Whole Foods says hacking incident resolved

Fri, 10/20/2017 - 20:46
(Reuters) - Amazon.com Inc's Whole Foods Market said on Friday it had replaced affected point-of-sale systems at venues located within some stores where payment card information had been stolen.
Categories: Technology

Apple hit with trademark lawsuit over iPhone X 'animoji' feature

Fri, 10/20/2017 - 18:56
NEW YORK (Reuters) - A Japanese software company is suing Apple Inc in a U.S. court over the trademark for the term "animoji", alleging the U.S. technology company stole the name to use on a feature of its iPhone X.
Categories: Technology

Paris wants to regulate Asian bike-share operators

Fri, 10/20/2017 - 16:29
PARIS (Reuters) - Paris does not want Asian bike-sharing operators to burst into the city the way Airbnb and Uber did and plans to introduce regulation to ensure an orderly rollout of new bicycle schemes, a top city official told Reuters.
Categories: Technology

London the starting line as Adidas laces up robotic shoe run

Fri, 10/20/2017 - 14:56
LONDON (Reuters) - Adidas has launched the first of six planned city-themed running shoe models in London as it capitalizes on its first Speedfactory, which it has opened in Germany and equipped with time-saving robotics.
Categories: Technology

XPO Logistics adding 6,000 holiday workers on e-commerce outlook

Fri, 10/20/2017 - 14:33
SEATTLE (Reuters) - XPO Logistics Inc said on Friday it is hiring more than 6,000 seasonal workers for the crucial peak holiday season, roughly 20 percent more than last year, as the third-largest publicly traded U.S. logistics company gears up for a surge in e-commerce deliveries.
Categories: Technology

Namibia tells Airbnb hosts to register or face jail

Fri, 10/20/2017 - 13:56
WINDHOEK (Reuters) - Namibia said on Friday that local home owners listed with U.S. short-term rental service Airbnb Inc risk imprisonment if they fail to register with the tourism regulatory body before the end of this year.
Categories: Technology

Uber opens up Paris travel database to help city planners

Fri, 10/20/2017 - 13:54
BRUSSELS (Reuters) - Uber [UBER.UL] said on Friday it would open up its trove of travel data in Paris to the public to help city officials and urban planners better understand transportation needs, as the company seeks to woo national authorities.
Categories: Technology

EU opens investigation into Chinese e-bike imports

Fri, 10/20/2017 - 12:16
BRUSSELS (Reuters) - The European Commission on Friday launched an investigation into the import of electronic bikes (e-bikes) from China after European producers complained that they are being sold at excessively low prices with the help of unfair subsidies.
Categories: Technology

Ride hailing firm Grab secures up to $700 million in debt facilities

Fri, 10/20/2017 - 11:00
SINGAPORE (Reuters) - Singapore-headquartered Grab, the main Southeast Asian rival of Uber Technologies Inc [UBER.UL], said on Friday it had secured debt facilities of up to $700 million to help expand its car rental program.
Categories: Technology

Exclusive: Tech companies to lobby for immigrant 'Dreamers' to remain in U.S.

Fri, 10/20/2017 - 05:00
SAN FRANCISCO (Reuters) - Nearly two dozen major companies in technology and other industries are planning to launch a coalition to demand legislation that would allow young, illegal immigrants a path to permanent residency, according to documents seen by Reuters.
Categories: Technology

SoftBank's big checks are stalling tech IPOs

Fri, 10/20/2017 - 04:47
LAGUNA BEACH, Calif. (Reuters) - Big cash infusions for startups from an ever-expanding group of financiers, led by SoftBank Group Corp and Middle East sovereign wealth funds, have extinguished hopes that the technology IPO market would bounce back this year.
Categories: Technology

Billions in tax breaks offered to Amazon for second headquarters

Fri, 10/20/2017 - 01:40
(Reuters) - Amazon.com Inc is receiving offers of billions of dollars in tax breaks and other subsidies from cities and states across North America that are participating in a company contest to pick a location for its second headquarters.
Categories: Technology

PayPal tops profit estimates, lifts target on mobile payments growth

Fri, 10/20/2017 - 01:04
(Reuters) - Sharp growth in mobile payments led PayPal Holdings Inc to report a better-than-expected third-quarter profit on Thursday and lift its guidance for earnings through the rest of the year.
Categories: Technology

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