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Showing posts from August, 2017

Britain faces huge costs to avoid power shortages with electric car plan

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LONDON (Reuters) - Britain must plough billions of pounds into new power plants, grid networks and electric vehicle charging points if it is to avoid local power shortages when a planned ban on new diesel and petrol cars begins. from Reuters: Technology News http://ift.tt/2enGSJY

Facebook's Watch goes up against YouTube for ad dollars

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(Reuters) - Facebook Inc launched its Watch video service to U.S. users on Thursday with plans to allow people to submit shows, as the No. 1 social media network vies with Alphabet Inc's YouTube for advertising revenue. from Reuters: Technology News http://ift.tt/2eJluzi

Toshiba misses target date for chip unit sale, increasing business risks

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TOKYO (Reuters) - Toshiba Corp failed to seal a deal to sell its prized chip business by an internal deadline of Thursday, raising doubts about whether it can plug a balance sheet hole in time to avoid a delisting and keep the unit competitive. from Reuters: Technology News http://ift.tt/2guscgA

U.S. labor board files complaint against Tesla over worker rights

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(Reuters) - The U.S. agency in charge of enforcing labor law on Thursday filed a complaint against electric carmaker Tesla Inc , saying it found merit to workers' complaints about unfair labor practices. from Reuters: Technology News http://ift.tt/2eJdJJJ

Samsung secures self-driving car permit in California

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(Reuters) - Samsung Electronics Co Ltd said on Thursday it has received a permit to test self-driving vehicles in California, marking the entry of the world's largest smart phone maker four months after iPhone maker and arch rival Apple Inc received a permit. from Reuters: Technology News http://ift.tt/2gsQWWs

Yahoo must face litigation by data breach victims: U.S. judge

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(Reuters) - A U.S. judge said Yahoo must face nationwide litigation brought on behalf of well over 1 billion users who said their personal information was compromised in three massive data breaches. from Reuters: Technology News http://ift.tt/2eJwIDT

Hellman & Friedman leads race for $5 billion Nets deal: Financial Times

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(Reuters) - U.S. private equity firm Hellman & Friedman is the frontrunner in the race to acquire Nets, Scandinavia's largest payments processor, the Financial Times reported, citing people close to the discussions. from Reuters: Technology News http://ift.tt/2gtW4JD

New Uber CEO promises change, sees IPO in 18-36 months

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SAN FRANCISCO/GEORGETOWN, Del. (Reuters) - Uber Technologies Inc's new Chief Executive Dara Khosrowshahi told employees on Wednesday the ride-services company would change its culture and may go public in 18 to 36 months. from Reuters: Technology News http://ift.tt/2eJaaTU

France's Vivendi confirms outlook as second-quarter shows Canal Plus improving

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PARIS (Reuters) - French media group Vivendi reported better than expected core profit growth for the second quarter on Thursday and confirmed its outlook for the year, saying its struggling Canal Plus pay TV arm was showing signs of improvement. from Reuters: Technology News http://ift.tt/2gtr9gG

Taiwan startup develops laser engraver for general users

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TAIPEI (Reuters) - Muherz, a Taiwan-based start-up, is aiming to bring laser engraving to the masses with its Kickstarter-funded device Cubiio. from Reuters: Technology News http://ift.tt/2eJysNN

Lyft expands ride-sharing service to 32 more states

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(Reuters) - U.S.-based ride services company Lyft Inc said on Thursday it unveiled availability to an additional 32 states, as it looks to take market share from its main rival Uber. from Reuters: Technology News http://ift.tt/2gtW4cB

U.S. labor board files complaint against Tesla over worker rights

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(Reuters) - The U.S. agency in charge of enforcing labor law on Thursday filed a complaint against electric carmaker Tesla Inc , saying it found merit to workers' complaints about unfair labor practices. from Reuters: Technology News http://ift.tt/2wmTjzF

Hellman & Friedman leads race for $5 billion Nets deal: Financial Times

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(Reuters) - U.S. private equity firm Hellman & Friedman is the frontrunner in the race to acquire Nets, Scandinavia's largest payments processor, the Financial Times reported, citing people close to the discussions. from Reuters: Technology News http://ift.tt/2vvMXPo