International News

Oil near 2019 highs after US ends all Iran sanction exemptions

Singapore: Oil prices were near 2019 highs on Tuesday after Washington announced all Iran sanction waivers would end by May, pressuring importers to stop buying from Tehran. Brent crude futures wer

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World's first 5G communications hardware for autos: Huawei

China’s Huawei Technologies launched on Monday what it said was the world’s first 5G communications hardware for the automotive industry, in a sign of its growing ambitions to become a key supplier to

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Alibaba head's remarks spark debate over China working hours

Beijing: Remarks by the head of Chinese online business giant Alibaba that young people should work 12-hour days, six days a week if they want financial success have prompted a public debate over work

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Facebook Admits To Harvesting Email Contacts Of 1.5 Mn Users Without Consent

After a slew of scandals related to data collection and privacy violations on its platform, Facebook has now been found collecting email contacts of 1.5 Mn new users without their consent or knowledge

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Uber allows women drivers to choose female passengers

After running a pilot program to understand the preference of women drivers in Saudi Arabia, Uber has officially introduced a feature to let the drivers decide the riders. Uber announced the introd

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Tesla Model 3 shouldn't be 100 per cent charged: CEO Elon Musk

Charging smartphones to full 100 per cent may save the hassle on your way back from a long commute, but do not do this to your Tesla Model 3. In a tweet response to a new Tesla Model 3 owner, CEO E

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Oil Prices Hit Five-Month High Above $71 On Libyan Supply Threat

LONDON: Oil hit a five-month high above $71 a barrel on Tuesday, supported by concern that violence in Libya could further tighten supply, although Russian comments signalling willingness to pump more

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Tata Steel Says Supports Logic Of Joint Venture With ThyssenKrupp: Report

MUMBAI: Tata Steel Ltd said on Wednesday that it supports the logic behind a joint venture with ThyssenKrupp, days after the companies submitted proposals to the European Commission to get a nod to th

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US to press allies to keep Huawei out of 5G in Prague meeting: sources

The United States will push its allies at a meeting in Prague next month to adopt shared security and policy measures that will make it more difficult for China’s Huawei to dominate 5G telecommunicati

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Oil prices extend losses as oversupply worries drag

Singapore: Oil prices edged down on Tuesday after a Russian minister said the nation and OPEC may boost crude output to fight the United States for market share, checking a recent rally driven by tigh

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Uber reveals strong growth, huge losses ahead of IPO

Uber is providing a look under the hood of its business in the lead-up to its hotly anticipated debut on the stock market, revealing strong growth but an ongoing struggle to overcome huge losses and r

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Facebook, Instagram and WhatsApp back online

Facebook Inc said it restored services on Sunday after some users could not access its social networking site, photo-sharing network Instagram and messaging app WhatsApp. However, Facebook did not spe

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Sears outlet business should just take Eddie Lampert's money

Come on guys, there really isn’t anything to think about here. Failed Sears Holdings CEO turn post bankruptcy Chairman and hedgie Eddie Lampert late Monday offered to buy the remaining 41% of strug

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Bed Bath & Beyond is failing and the activists savaging management are 100% right

In today’s no-brainer stock analysis tutorial, we have the severely struggling Bed Bath & Beyond. The seller of everything from soda near the checkout aisle to vacuums posted fiscal fourth quarter

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Apple now lets you listen to Podcasts directly on web

Until now, you had to load iTunes to listen to an Apple Podcast. Now, the company has updated the web interface for Podcasts to make it easier for you to listen to your favourite podcasts without the

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Tesla, Panasonic to seek productivity gains before new battery investments

Panasonic Corp and Tesla Inc will continue to make new investments in the US electric carmaker’s Gigafactory as needed, but believe they can squeeze more out of existing resources than previously plan

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Samsung will remain number one smartphone manufacturer for another 10 years

Samsung may be facing severe competition from rival Huawei, but that is no stopping the South Korean giant from retaining its hold on the global market. In a recent interview, Samsung CEO DJ Koh sa

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Yahoo to pay USD 117.5 million in latest settlement of massive breach

San Francisco: Nearly 200 million people who had sensitive information snatched from their Yahoo accounts will receive two years of free credit-monitoring services and other potential restitution in a

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Fiat Chrysler to pay Tesla hundreds of millions of euros to pool fleet

Italian-US carmaker Fiat Chrysler Automobiles NV (FCA) has agreed to pay electric carmaker Tesla Inc hundreds of millions of euros to allow Tesla vehicles to be counted in its fleet to avoid fines for

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Oil edges higher amid tightening global supply, gains capped by economic slowdown

Singapore: Oil prices crept higher on Wednesday, supported by supply cuts by producer club OPEC and US sanctions against oil exporters Iran and Venezuela, but restricted by expectations that an econom

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Oil slips from 5-month highs as economic worries counter tight market

Singapore: Oil prices eased on Tuesday, slipping away from 5-month highs reached earlier in the session as a sluggish economic outlook countered an otherwise tight market. International benchmark B

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Singapore govt sells 6.8 cr shares of DLF for Rs 1,298 crore

New Delhi: Singapore government on Monday sold 6.8 crore shares of DLF for Rs 1,298 crore through an open market transaction, leading to the realty major's stock plunging over 8 per cent. Singapore

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The U.S. economy adds 196,000 jobs, beating expectations

The U.S. economy added a surprisingly robust 196,000 jobs in March, the Labor Department reported on Friday, rebounding from a weak month that prompted markets to question the strength of the labor ma

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Trader who called bitcoin's 84% decline in 2018 now sees $50,000 price target

The world’s largest cryptocurrency by market cap broke above the $5,000 mark for the first time since November and has so far sustained its rally, prompting some analysts to declare an end to the so-c

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Elite US school MIT cuts ties with Chinese tech firms Huawei, ZTE

The Massachusetts Institute of Technology has severed ties with Huawei Technologies and ZTE Corp as US authorities investigate the Chinese firms for alleged sanctions violations, the school said on We

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Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC': sources

Dubai: Saudi Arabia is threatening to sell its oil in currencies other than the dollar if Washington passes a bill exposing OPEC members to US antitrust lawsuits, three sources familiar with Saudi ene

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Amazon shares could surge to $3,000 in two years, Jefferies says

Amazon's (AMZN) stock price could hit $3,000 in just two years, a 65% upside from present levels, according to equity analysts at investment bank Jefferies. In a new note, the Jefferies team led by

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Exports in March to reach USD 32.38 bn; over USD 330 bn in 2018-19: Prabhu

New Delhi: India's exports are expected to reach USD 32.38 billion in March, the highest in any month so far, on account of healthy growth in sectors such as pharmaceuticals, Commerce and Industry Sur

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Tata Motors at near 6-month high; more upside seen

Tata Motors' shares gain as much as 2.96 per cent to Rs 208.95, their highest since October 8, 2018. Stock broke above a resistance at Rs 196.8, the 14.6 per cent Fibonacci retracement level of the

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Don't discriminate against our firms, China's Xi tells New Zealand

President Xi Jinping called upon New Zealand on Monday not to discriminate against Chinese companies during a meeting with Prime Minister Jacinda Ardern, whose country has rejected a bid by Chinese te

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ThyssenKrupp, Tata Steel offer concessions to allay EU concerns

Thyssenkrupp and Tata Steel have offered concessions to address EU antitrust concerns about their planned steel joint venture, the European Commission said on Tuesday. The EU competition regulator,

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Ahead Of Polls, Facebook Shuts Down Sketchy Accounts With Pak Links

With India’s Lok Sabha Polls set to start next week, social media giant Facebook has removed over a 1,000 pages, groups and accounts for violating Facebook’s security policies. Some of these pages ar

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BlackBerry forecasts higher revenue as bets on new tech pays off

BlackBerry Ltd beat estimates for quarterly profit and forecast fiscal 2020 revenue above analysts’ expectations on Friday as its focus on fast-growing markets like autonomous cars and cybersecurity p

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Saudi Aramco world's biggest oil producer in 2018: Fitch

Singapore: Saudi Aramco was by far the world’s biggest oil producer ahead of regional peers like Abu Dhabi National Oil Company (ADNOC) and listed oil majors Royal Dutch Shell, Total and BP, ratings a

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Nippon Steel to bolster overseas business, focus on India

Tokyo: Japan’s Nippon Steel Corp, is set to bolster overseas operations, especially in fast-growing India, to bypass growing nationalism and capitalize on growth abroad as it faces shrinking demand at

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Passengers stranded as WOW Air goes bust

REYKJAVIK: Iceland’s troubled budget carrier WOW Air said it had ceased operations and cancelled all flights on Thursday, stranding thousands of passengers in the low-cost airline industry's latest co

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Ola expands UK operation to three new cities

London: Taxi hailing app Ola on Friday said it has expanded its service footprint to three more cities -- Liverpool, Reading, and Birmingham --in the United Kingdom. "We are delighted to launch our

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Ericsson says no bounty from Huawei 5G security worries

Telecoms equipment supplier Ericsson is yet to see an increase in contract wins on the back of security concerns over China’s Huawei, the Swedish company’s chief executive said on Wednesday The mob

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Microsoft: Seizure of sites Iranian hackers used for attacks

Microsoft said it seized 99 websites used by Iranian hackers to steal sensitive information and launch other cyberattacks. The company said the group, which it has been tracking since 2013, has tri

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Jet Airways Rallied As Much As 23% After Founder's Resignation

Between Monday afternoon and now, shares of Jet Airways have surged as much as 23 percent. On Tuesday the stock rose by 9 percent to touch a high of Rs 278.90, while on Monday it closed 15.46 percent

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Tata Group, GIC, SSG to invest USD 1.16 billion in GMR Airports

GMR Infrastructure said on Wednesday a consortium of Tata Group, an affiliate of Singapore's sovereign wealth fund GIC Private Ltd and SSG Capital Management will invest 80 billion rupees (USD 1.16 bi

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Google to announce deal with Cuba on improving connectivity

Alphabet Inc’s Google plans to announce a memorandum of understanding with Cuban telecoms monopoly ETECSA on Thursday to explore ways of improving connectivity on the Communist-run island, a person fa

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IPL 2019: Now You Can Order Food on Swiggy From Within The Hotstar App, While Watching Cricket

This surely has to be a first of its kind partnership. Food ordering and delivery platform Swiggy has tied up with streaming service Hotstar for this IPL 2019 season. Cricket fans streaming the match

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Apple releases Arcade, game subscription service for Mobile, Desktop, Living Room

Apple announced Apple Arcade, a game subscription service that will feature over 100 new and exclusive games, including original releases from renowned creators Hironobu Sakaguchi, Ken Wong, Will Wrig

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Tesla, Elon Musk win dismissal of lawsuit over Model 3 production

A federal judge in San Francisco dismissed for the second time a securities fraud lawsuit brought by Tesla Inc shareholders alleging that the company made misleading comments about the production stat

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Jet Airways share price jumps amid reports that Naresh Goyal will step down as Chairman; key things to know

Shares of private sector airline surged in trade on Monday after reports that Chairman Naresh Goyal and his wife Anita Goyal are expected to leave the board of the cash-strapped airline on Monday. Jet

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EU to drop threat of Huawei ban but wants 5G risks monitored

The European Commission will next week urge EU countries to share more data to tackle cybersecurity risks related to 5G networks but will ignore US calls to ban Huawei Technologies, four people famili

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Abu Dhabi aims to lure start-ups with investment in new technology hub

Abu Dhabi will commit up to 1 billion dirhams (USD 272 million) to support technology start-ups, it said on Sunday, in a dedicated hub as part of efforts to diversify its economy. US tech giant Mic

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Amazon kicks off Apple sale: iPhone 6S sells for Rs 27,999, iPhone X, Apple Watch, iPad too get big price cuts

If you have been waiting for the next major sale on Apple products, it's time to go shopping. Amazon has begun its Apple Fest sale, offering mega price cuts on a majority of Apple products. One can av

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Hotstar VIP subscription vs DTH plans: Do you need Tata Sky, Dish TV or Airtel TV connection anymore?

Since TRAI implemented the new regulations from February 1, TV viewers have complained of increased costs to consumers. The new concept of the base pack and Network Capacity Fee (NCF) has only proven

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Fitch cuts India GDP growth forecast for FY20 to 6.8%

New Delhi: Fitch Ratings Friday cut India's economic growth forecast for the next financial year starting April 1, to 6.8% from its previous estimate of 7%, on weaker than expected momentum in the eco

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These stats show how truly massive Amazon is becoming

A new research note from Wells Fargo covering Amazon (AMZN) and the world of retail has put forth several head-reeling statistics. In 2018, the number of unique visitors to Amazon represents 74% of

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'The ultimate insult': How U.S.-listed Chinese companies are gaming American investors

As scrutiny over unfair Chinese business practices intensifies amid drawn out U.S.-China trade discussions, investors are debating another contentious issue: minority American shareholders “squeezed o

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Levi Strauss shares jump more than 30% above IPO price at open

After an absence of more than 3 decades, the inventor of the blue jean is back in the public markets. Shares of Levi Strauss (LEVI) began trading Thursday morning on the New York Stock Exchange und

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How U.S.-listed Chinese companies are 'squeezing out' minority investors

As scrutiny over unfair Chinese business practices intensifies amid drawn out U.S.-China trade discussions, investors are debating another contentious issue: minority American shareholders “squeezed o

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S&P 500, Dow end in the red after report China would renege on trade pledges

Stocks lost early gains following a report that some U.S. officials are worrying China may renege on pledges it made with the U.S. around trade talks. “Some U.S. officials are concerned that China

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Huawei leads Asian domination of UN patent applications in 2018

Chinese telecoms giant Huawei led the pack with Asia accounting for more than half of the international patent applications at the World Intellectual Property Organization (WIPO) last year, WIPO said

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American tabloid paid USD 2 million for Bezos private texts

According to the Hill, Lauren's brother, Michael Sanchez, sold the text messages to the tabloid for USD 2 million. Following the story in the tabloid, Bezos had alleged that he was "extorted and bl

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Oil near 2019 highs on OPEC supply cuts, US sanctions

Singapore: Oil prices were near 2019 highs on Tuesday, supported by supply cuts led by producer club OPEC. US sanctions against oil producers Iran and Venezuela are also boosting prices, although t

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Jet Airways stops operations in Abu Dhabi Airport with immediate effect

Mumbai: Jet Airways has grounded its operations at Abu Dhabi Airport from Monday for an indefinite period, citing operational reasons. Abu Dhabi is one of the two international hubs of Jet Airways.

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Why Embassy Office Parks’ REIT offering is expected to get lapped up

The timing could not have been better. Embassy Office Parks’ REIT (real estate investment trust) initial public offering comes at a time when the commercial office space segment is upbeat. Office rent

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US aims to cut Iran oil exports to under 1 mn bpd from May: sources

Washington: The United States aims to cut Iran’s crude exports by about 20 percent to below 1 million barrels per day (bpd) from May by requiring importing countries to reduce purchases to avoid US sa

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California jury awards USD 29 million to woman with cancer who used J&J talc

Oakland: A California jury on Wednesday awarded USD 29 million to a woman who said that asbestos in Johnson & Johnson’s talcum-powder-based products caused her cancer. The verdict, in California Su

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If you invested $1,000 in Alibaba when it went public, here's how much you'd have now

An investment into Alibaba at the close of its first day of public trading would have increased in value by about 92 percent as of Mar. 11, 2019, according to CNBC calculations. Analysts said that th

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Foxconn rejects Microsoft patent lawsuit, says never had to pay royalties

TAIPEI (Reuters) - Taiwan's Foxconn on Tuesday responded to a patent infringement lawsuit filed against it by Microsoft Corp, saying as a contract manufacturer, it has never needed to pay royalties fo

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Alibaba News: BABA Stock Higher on Stake in Chinese Courier

Alibaba (NYSE:BABA) is making a $693 million investment in the Chinese courier company STO Express Co Ltd. This will actually have BABA investing in a new subsidiary of the shipping company. This n

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Google paid former exec USD 35 million after harassment claim

Court documents show Google paid former search executive Amit Singhal USD 35 million in an exit package when the exec was reportedly forced to resign after a sexual assault investigation. Details o

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Microsoft Sues Foxconn Parent Company For Missing Patent-Licensing Payments

Microsoft is suing Foxconn's Taiwanese parent company Hon Hai for the alleged failure of the consumer-electronics manufacturer to comply with a patent-licensing agreement, the media reported. The Wind

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Jet Airways gets ₹2,050 crore loan from PNB

Mumbai: Jet Airways (India) Ltd has secured fresh credit facilities of ₹2,050 crore from state-run Punjab National Bank (PNB) that could provide a temporary lifeline to the cash-strapped airline. The

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Australia watchdog suspends two cryptocurrency exchanges for drug offences

Australia’s anti-money laundering watchdog said on Friday it had suspended license of two cryptocurrency exchanges after a police investigation found the businesses were being exploited for drug traff

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Soft loans of Rs 12,900 crore for sugar mills okayed

New Delhi: In a move to create ethanol capacity under a recently launched scheme, the Union government announced an additional soft loan of Rs 12,900 crore--a loan given at a subsidised interest rate-

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NGT imposes Rs 500 crore fine on Volkswagen for using emission cheating devices

Pune: The National Green Tribunal (NGT) on Thursday ordered the Dieselgate-hit German car giant Volkswagen to pay Rs 500 crore as fine for “intentionally programming its diesel engines with cheat devi

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Oil prices slide on economic slowdown, surging US supply

Singapore: Oil prices fell on Friday amid growing investor jitters over the global economy, after the European Central Bank (ECB) warned overnight of continued weakness and as fresh data showed Chines

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Break-Up Plans Not Contingent On Tata Steel Deal: Thyssenkrupp

FRANKFURT: Thyssenkrupp will continue with its break-up plans even if the steel-to-submarines conglomerate fails to win regulatory approval for a separate joint venture with Tata Steel, Chief Executiv

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Oil edges up on OPEC cuts, US sanctions against Venezuela and Iran

Singapore: Oil edged up on Thursday amid ongoing OPEC-led supply cuts and US sanctions against exporters Venezuela and Iran, although prices were prevented from rising further by record US crude outpu

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Tesla blames misprinted label for China customs hiccup

Tesla Inc said that China’s customs authorities have accepted the electric carmaker’s plan to resolve problems with the clearance of its Model 3 sedans that centered around misprinting of labels. Sha

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Oil falls on rising US production, stockpile build

Sydney: Oil prices fell nearly 1 per cent on Wednesday as bullish output forecasts by two big US producers and a build in US crude stockpiles outweighed ongoing OPEC-led efforts to rein in crude produ

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China charges Canadian, Huawei to sue as spat escalates

NEW YORK (Reuters) - China's government and its leading smartphone maker Huawei Technologies Ltd on Monday stepped up pressure on U.S. and Canadian governments in a dispute over market access that has

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Stocks slide as investors consider potential U.S.-China trade deal

U.S. stocks declined, reversing gains made earlier in the day on the heels of reports of an impending trade deal between the U.S. and China. The S&P 500 (^GSPC) fell 0.39%, or 10.88 points, as of mar

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An $815 Million Snafu Spawned by One of the Wildest Gas Markets

One corner of America’s natural gas market has gotten so volatile, it’s already led to a nearly $1 billion mistake by the region’s biggest utility. Southern California Edison will have to charge cu

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Oil Price Fundamental Weekly Forecast – U.S.-China Trade Deal Will Ease Concerns Over Future Demand

The theme last week in the crude oil market was volatility. U.S. West Texas Intermediate and international-benchmark Brent crude oil futures started and ended the week by posting steep sell-offs. In b

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China stocks surge on reports Sino-U.S. trade deal seen soon

SHANGHAI (Reuters) - Chinese stocks surged on Monday, adding to recent gains after reports that Washington and Beijing are close to reaching a deal to end their year-long trade war, and as China prepa

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Ola confirms Rs 400 Cr funding for EV unit Ola Electric led by Tiger Global, Matrix Partners

Bengaluru-based ride hailing app Ola has raised Rs 400 crore funding led by Ola's early investors Matrix Partners and Tiger Global. A press note shared by the company said that the new business will b

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Jet Airways shares rise 6% after report of chairman Naresh Goyal stepping down

Mumbai: Shares of Jet Airways Ltd jumped as much as 6 percent on Friday, a day after two sources told Reuters that founder Naresh Goyal had agreed to step down as chairman. Goyal, who founded the f

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Venezuela Has $500 Million of Crude Sitting in Ships — but Nobody Wants to Buy It

Venezuela is running out of space to store its sanction-stained crude that few dare to buy, forcing it to reduce output at a time when the world is thirsty for heavy, sulfurous oil. Tankers holding

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Jet Airways' top creditor says no decision made on going to insolvency tribunal

(Reuters) - State Bank of India (SBI) said reports on Monday that it was considering taking heavily indebted Jet Airways Ltd to an insolvency tribunal to recover loans were "speculative", and no such

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Global Markets: Asian shares slip from five-month highs, pound jumps on Brexit delay hopes

SYDNEY (Reuters) - Asian shares lost steam on Tuesday after scaling a five-month high as investors waited to see if Washington and Beijing can clinch a trade deal, while the pound advanced on hopes UK

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Huawei unveils new line of MateBooks at MWC 2019

At MWC 2019, Huawei showcased the latest MateBook X Pro. The top-of-the-line specifications like 91 percent screen-to-body ratio make this the company's latest flagship product. Alongside, Huawei also

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Amazon back in business: Entire product range available again after new FDI e-commerce rules

The stir caused by the revised FDI guidelines in Indian e-commerce seems to have settled down now, at least for Amazon. In a little over three weeks since the government kicked in revised norms on Feb

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Microsoft workers demand it drop USD 480 million US Army contract

Microsoft workers demand it drop USD 480 million US Army contract San Francisco: Some Microsoft Corp employees on Friday demanded that the company cancel a USD 480 million hardware contract to supp

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Vistara, Japan Airlines ink code share agreement

JAL is the fourth code share partner for Vistara after British Airways. Tata-SIA joint venture Vistara and Japan Airlines Friday announced a codeshare pact from February 28, making it the fourth su

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Comba Telecom Partners with Parallel Wireless

Parallel Wireless, Inc., is the world’s first end-to-end software-based unified network solution across All Gs (2G, 3G, 4G, and 5G). Parallel Wireless, Inc., the leading provider of the world’s fir

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Alibaba CEO rules out layoffs this year

In November, Alibaba cut its full-year revenue forecast to between 375 billion yuan and 383 billion yuan (USD 54.4 -55.6 billion). Shanghai: Alibaba Group Holding Ltd expects to avoid layoffs this

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Hyundai Feb 2019 offers: Benefits of upto Rs 1.3 lakh on Elantra, Tucson

Offers limited to 2018 cars; available till February 25. Benefits of upto Rs 1,30,000 on the Elantra and Tucson. Elite i20, i20 Active and Verna available with benefits of upto Rs 50,000. The Gra

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Walmart tilts at windmills: Blames strict enforcement of marketplace model for its travails

Walmart chief executive officer Doug McMillon said it was disappointing that the Indian government had changed norms for foreign direct investment (FDI) in ecommerce without consultation and hoped for

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Sebi fines 2 entities Rs 10 lakh for fraudulent trade in BSE stock options

The regulator imposed a fine of Rs 5 lakh each on Teji Mandi Securities and Vikrant International Pvt Ltd, as per an order. Market watchdog Sebi on Wednesday imposed a total penalty of Rs 10 lakh on

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E-comm market, rising data consumption opportunities to expand in India: Seagate

E-commerce platforms are now moving very-very quickly into mobile as well. Global data storage devices maker Seagate sees the booming e-commerce market as well as mobile phone driven data consumpti

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Qualcomm urges US regulators to reverse course and ban some iPhones

Qualcomm asked for an import ban on some older iPhone models containing Intel Corp chips. Qualcomm Inc is urging US trade regulators to reverse a judge’s ruling and ban the import of some Apple Inc

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Nissan to oppose having same chair as Renault: report

The Japanese automaker holds a 15 per cent, non-voting stake in the French firm. Nissan Motor Co Ltd's independent committee on governance is expected to recommend against the company having the sa

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Oil near 2019 highs amid OPEC cuts, US sanctions

OPEC-member and top crude exporter Saudi Arabia is expected to reduce shipments of light crude oil to Asia. Oil prices were around 2019 highs on Wednesday, propped up by supply cuts led by producer

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Palladium breaks $1,500 level on supply woes; weak dollar lifts gold

Palladium prices broke above $1,500 for the first time on Wednesday due to a prolonged supply deficit, while gold rose to a fresh 10-month high as the dollar struggled before the U.S. Federal Reserve

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China pledges more support for banks' perpetual bonds to boost lending

BEIJING (Reuters) - China will provide further support for banks' perpetual bond issuance, including examining ways to broaden the investor base for such bonds, to help boost lending in the economy, a

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L&T distances itself from Cognizant's Indian bribery case

"We are not aware of any evidence that supports our involvement in making the alleged improper payments":L&T. Infrastructure major Larsen & Toubro (L&T) on Monday said it is not aware of any eviden

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HSBC's 2018 profit misses estimates; China weakness poses growth risks

HSBC reported a profit before tax of USD 19.9 billion for 2018 compared with USD 17.2 billion the year before. HSBC Holdings Plc posted on Tuesday a 15.9 per cent rise in 2018 profit, supported by

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Chinese firms feel heat of Pulwama

People call for a boycott of China products. Ire over the Pulwama attack has spilt over to China with a section of society calling for a ban on Chinese products and boycott of companies with affil

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Brent crude oil slips away from 2019 high after China reports car sales drop

At least partly offsetting the supply cuts has been a surge in US crude oil production by more than 2 million bpd in 2018. Oil prices fell on Monday after climbing to their highest this year earlie

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New Maruti WagonR 2019 vs Renault Kwid: Clash of segments

Can the entry-level Wagon R’s pricing entice consumers away from higher variants of a smaller car like the Kwid? The new 2019 Maruti Wagon R was launched in Jan 2019 at a starting price of Rs 4.19

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DBS forecasts stable loan growth this year after record 2018 profit

Loans grew 6 per cent in constant-currency terms to Singapore dollar 345 billion (USD 254.4 billion) last year. DBS Group Holdings Ltd, Southeast Asia’s biggest lender, forecast stable loans growth

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Cement, fruit shipments from Pakistan among 10 most hit imports after duty hike

Total India-Pakistan trade has increased marginally to USD 2.41 billion in 2017-18 as against USD 2.27 billion in 2016-17. Fresh fruits, cement and leather are among the 10 main imported items fro

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Rupee slides 15 paise vs USD in early trade

The rupee had closed 7 paise lower against the greenback Friday at 71.23. On a weekly basis, it had registered a loss of 8 paise. The rupee weakened by 15 paise to trade at 71.38 against the US dol

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Current Reality Of Augmented Reality And Virtual Reality In Indian Market

In the last few years, only about 170 startups have emerged in the AR/VR space By 2020, the three most prominent markets for AR/VR technologies would be entertainment, manufacturing and healthcare

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How Integrating Artificial Intelligence In B2B Marketing Can Scale Your Business

Digital Marketing Industry Is Steadily Incorporating Artificial Intelligence For Marketing Automation Every year, new advancements within the technology space have assisted businesses by creating n

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Jet Airways share price rises 7.55% on approval of debt resolution plan

Jet Airways share price rises 7.55% on approval of debt resolution plan The Jet Airways share price opened lower at 224.15 and hit an intra day low of 215 before heading north on the bourses. The Jet

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Google paid Apple $9.46 billion in 2018; here’s why

Apple Inc has recently come under scrutiny for its slowing iPhone sales and how the company is not doing as well as it used to do. However, a new report says that Apple could be making money in other

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Tata Steel UK CEO Bimlendra Jha resigns

An email query sent to Tata Steel seeking comment over the resignation remained unanswered. Tata Steel UK CEO Bimlendra Jha, has resigned from the post, a source said. Tata Steel UK is a unit of

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Edelweiss, Bank of Singapore sign MoU for strategic partnership

"This is the first time that an Indian wealth manager of Edelweiss' size and stature is partnering with an offshore private bank,": EFS. Edelweiss Group on Thursday said it has signed a memorandum

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Dutch national joined Goair only last June after the departure of Wolfgang Prock-Schauer in December 2017.

Budget carrier Goair on Wednesday said its chief executive Cornelis Vrieswijk has resigned from the post within nine months, citing personal matters. The former Easyjet executive joined the Wadia g

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Asian Stocks Gain as Positive Trade News Boost Sentiment

Investing.com - Asian equities traded higher in morning trade on Wednesday, with the exception of Australia’s ASX 200, which slipped slightly. China’s Shanghai Composite and the Shenzhen Component

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Stocks rise as Trump signals China trade flexibility

Stocks extended gains after President Donald Trump signaled he may be open to extending a deadline on U.S.-China trade war ceasefire. The S&P 500 (^GSPC) rose 0.3%, or 8.3 points, as of market clos

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Lenksart, Bookmyshow Investor TPG Closes Capital Asia VII Fund At $4.6 Bn

TPG had launched its Asia-focussed fund 25 years back in 1994 It has invested over $11 Bn across 88 deals in 13 countries It counts Indian companies such as Lenskart, Bookmyshow as part of its p

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The Top 3 American Airlines Shareholders (AAL)

As one of the major U.S.-based commercial airlines, American Airlines serves over 350 destinations in 50 countries, with a total fleet of more than 1,500 air crafts, including both mainline and region

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The Top 4 Starbucks Shareholders (SBUX)

Starbucks Corporation's (SBUX) rise to fame started in a single storefront at Seattle's Pike Place Market in 1971. Nearly 40 years later, the company has grown to become one of the most recognizable c

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The Top 4 Amazon Shareholders

On September 4, 2018, Amazon.com Inc. (NASDAQ: AMZN) became the second company after Apple Inc. to cross the $1 trillion market capitalization when its shares briefly hit $2,050.50 in trade. The co

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Who Are the Largest Shareholders of Apple? (AAPL)

Apple, Inc. (AAPL) is one of the largest companies in the United States and the first to achieve a market valuation of $1 trillion on Aug. 2, 2018. Although Apple was able to maintain that historic ma

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Ex-JC Penney CEO: ‘Amazon should be having trouble sleeping at night’

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NCLT rejects Ruias' debt settlement proposal to retake Essar Steel; company hints at challenging verdict

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Exclusive: Boeing nears $3.5 billion 737 MAX jet deal with Japan's ANA - sources

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Shares of India’s IT behemoth Infosys extended gains in trade on Tuesday morning, after the firm reported robust Q3 results on Friday. Infosys share price rallied by more than 3.6% to Rs 727.40. The f

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US, Israel air concerns over China telecom companies: US official

US President Donald Trump’s national security adviser John Bolton raised US concerns about the use of Chinese telecommunications equipment in sensitive sectors during a weekend meeting with Israeli Pr

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Apple's Tim Cook Got 22% Pay Bump in 2018, $12 Million Was Just Bonus

Washington: Apple gave its chief executive Tim Cook a hefty 22 percent pay raise in 2018, bringing his total compensation for the year to almost $15.7 million according to a filing submitted to the Se

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Google, Facebook to pay $450K for Washington state violation

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Japan's economy shrinks most in four years as global risks hit business spending

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The Trump administration on Tuesday raised the stakes in a growing trade showdown with China, announcing 25 percent tariffs on some 1,300 industrial technology, transport and medical products to try t

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Glaxo Sheds $7 Billion in Value After $5 Billion Tesaro Deal

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Amazon cloud chief Andy Jassy said that during the first half of 2018, he was consistently getting requests from customers who wanted Amazon's help not just in the cloud, but also in their own data ce

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Microsoft closed Friday with a larger market cap than Apple’s, making the Redmond software giant the most valuable U.S. stock. Microsoft’s stock rose 0.7% Friday, giving it a market cap of $851 bil

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Facebook reveals 50 million accounts affected by security breach

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Money Funds With $91 Billion Call for Time to Meet EU Regulation

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Bitcoin Falls Further Below $4,000

Bitcoin slid another 4.5 percent to $3,635 at midnight Sunday in New York, according to Bitstamp. It recouped most of the losses by 7:50 a.m. but remains in the red. It’s lost 33 percent in the past w

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Aramco Plans to Invest $500 Billion as Oil Giant Expands Abroad

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Oil-rich South Sudan seeks investment in fragile new peace

JUBA, South Sudan (AP) -- South Sudan is making its first big foreign investment pitch since declaring an end to civil war, but the oil-rich nation faces hesitation from some companies that want to ma

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GameStop to sell Spring Mobile business for $700 million

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Oil slips as U.S. inventories swell, but OPEC may cut supply to avoid glut

SINGAPORE (Reuters) - Oil prices slipped on Thursday after U.S. crude inventories swelled to their highest level since December 2017 amid concerns of an emerging global glut, although the potential fo

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Flipkart Mobiles Bonanza sale: Get irresistible offers on Samsung smartphones

If you are seriously interested on purchasing Samsung smartphones under great discounts, you must get comply with Flipkart's new sale strategy titled "Mobiles Bonanza offers". You can buy these device

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Despite mounting pressure from investors to step down as Facebook chairman as the social media firm faces intense scrutiny on data scandals, Mark Zuckerberg has said he has no plans to retire. In a

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Facebook Messenger Crashes Globally

Several users in the US and Europe on Tuesday reported that Facebook Messenger was not working for them. According to DownDetector.com, a portal that tracks when outages happen in the digital world, t

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SINGAPORE (Reuters) - Oil markets lost steam on Tuesday as a deteriorating economic outlook and a surge in U.S. production outweighed expected supply cuts by the Organization of the Petroleum Exportin

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Even though prices of auto fuel have now gone substantially down, there is another prime difference that diesel and petrol prices are now very close and in some cities diesel is selling at a higher ra

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Petrol, Diesel Prices Reduced By 16-18 Paise Per Litre In Delhi, Mumbai

Petrol, diesel rates: Currently, the fuel prices are reviewed by oil marketing companies on a daily basis Petrol and diesel prices were reduced by 16-18 paise per litre in Delhi and Mumbai on Frida

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China spooks grain trade with anti-dumping probe into Australia barley imports

BEIJING/SYDNEY (Reuters) - China on Monday launched a probe into whether Australian barley suppliers dumped cheap imports into their biggest market over the past year, catching the grain trade on the

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Tata Sons only in preliminary talks with Jet Airways about a deal

By Promit Mukherjee and Stanley Carvalho MUMBAI/ABU DHABI (Reuters) - Indian conglomerate Tata Sons Ltd said on Friday it is in preliminary talks with struggling Jet Airways Ltd but has not made a

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GE Capital sells $1.5 billion healthcare equipment portfolio to TIAA

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BlackBerry adds autonomous cars muscle with $1.4 billion Cylance buy

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Google Pixel phones with Night Sight almost turn night into day, click stellar photos even in dark

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Walmart To Lay Off 40% Workforce At Jabong, Merge It With Myntra

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WhatsApp selects 20 research teams to fight fake news globally

In order to curb the menace of fake news, Facebook-owned WhatsApp said that it has selected 20 research teams from all over the world, including India, as the recipients of the WhatsApp Misinformation

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China Inc's profit growth falls sharply due to funding woes, trade war; bruising of consumer confidence adds pain

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Aviation, oil marketing firms stocks rise as brent crude price inches near $65 per barrel mark

Aviation and oil marketing companies' stocks were the top gainers in trade today as crude oil prices fell to $65.02 per barrel mark marking second consecutive day of decline after US President Donald

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Microsoft resumes Windows 10 October update roll out pledging better quality control

After a delay of more than a month, Microsoft has finally begun rolling out Windows 10 October 2018 Update, after being hit by bugs that caused the company to pull the update offline. Microsoft has

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China state banks seen selling dollars in FX market to arrest yuan losses: traders

SHANGHAI (Reuters) - Major state-owned Chinese banks were seen selling dollars at around 6.97 per dollar in the onshore spot foreign exchange market in early trade on Tuesday, three traders said, in a

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Abu Dhabi National Oil Company hires India's strategic oil storage in Padur, Karnataka

New Delhi: India on Monday signed an initial pact to lease out a part of its underground strategic oil storage at Padur in Karnataka to Abu Dhabi National Oil Co (ADNOC) for storing crude oil, the sec

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Facebook gives Mumbai student over Rs 1 lakh for finding social media bug

Facebook gives Mumbai student over Rs 1 lakh for finding social media bug Facebook runs a bug bounty program under which it rewards researchers for finding bugs within its platform Facebook runs a b

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Now, all iOS users can become WhatsApp beta testers

There's good news for iOS users. WhatsApp has finally had made its beta available to all iOS users, thereby allowing any iOS user to become a beta tester for testing new features on WhatsApp for iO

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AirAsia discounts: Budget airline offers low fares of Rs 399 on domestic, Rs 1,999 on international routes

Bengaluru: Malaysian budget airline AirAsia on Sunday offered low-cost fares on domestic and international routes for travel from May 2019 to February 2020, covering 120 destinations across Asia, Aust

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Need to Change Harassment Policy: Google Bows to Employee Pressure

Google is promising to be more forceful and open about its handling of sexual misconduct cases, a week after thousands of high-paid engineers and others walked out in protest over its male-dominated c

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Facebook starts selling Portal video chat devices in US: Here’s all you need to know

San Francisco: Facebook has made its new smart video chat devices, Portal and Portal+, available for purchase in the US. Consumers can purchase Portal for $199 and Portal+ for $349 from portal.faceboo

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Facebook Messenger planning 'delete' feature for sent messages

San Francisco, Nov 8 (IANS) Facebook is planning to roll out a new update to Messenger that will allow users to delete sent messages from chat threads within 10 minutes of sending. A Twitter user s

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Flipkart And Amazon Not Abusing Market Position in India: CCI

Amazon and its rival in India, the Walmart-owned Flipkart, did not break regulations through their selection of merchants and brands, the Competition Commission of India (CCI) said in a ruling late on

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Jio Diwali Dhamaka offer: JioPhone 2 to go on open sale from November 5, everything you need to know

Moving out from its flash sale model, JioPhone 2 for the first time is set to go on an open sale from November 5 which is today. The sale began at 12pm today and will end on November 12. This is the f

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Petrol price cut by 22 paise per litre in Delhi on Monday; total reduction reaches Rs 4.27 in 19 days on softer international oil rates

Petrol price has been cut by Rs 4.27 per litre and diesel by Rs 2.53 in Delhi in the last 19 days on softer international rates, a pace faster than the spike in prices witnessed in the two-month perio

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Meesho raises $50 million Series C funding, led by Shunwei Capital, DST Partners, RPS Ventures

Meesho, the Bengaluru-based social commerce platform that helps resellers and emerging brands build businesses using social media, has raised $50 million in a Series C funding round. The round was led

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Axis Bank stock rises most on Sensex, Nifty after strong Q2 earnings

Axis Bank stock rises most on Sensex, Nifty after strong Q2 earnings The stock rose up to 3.76% or 23 points to Rs 632.90 on the BSE. The stock which closed at 609.95 on Friday opened with a gain of

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Flipkart Big Diwali Sale: How to Buy Nokia 6.1 Plus For Rs 1,149

The Nokia 6.1 Plus was launched in India at Rs. 15,999 back in August and has been one of the most preferred smartphones in the segment. The Nokia 6.1 Plus recently received Android Pie update and now

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Private Messages of 120 Million Facebook Users Hacked: Report

London, November 3: Hackers have gained access to private messages of nearly 120 million Facebook accounts and already published such messages from 81,000 accounts for generating money, the BBC report

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Chevron quarterly profit doubles as U.S. oil production jumps

(Reuters) - U.S. oil and natural gas producer Chevron Corp said on Friday its quarterly profit doubled as record oil and gas production helped overcome a series of one-time items. With the price of

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ICICI Bank Offers Interest Free Credit Up To Rs. 20,000 For Select Customers

ICICI Bank on Thursday introduced short term credit facility as part of which they can get pre-approved loan of up to Rs. 20,000 for bill payment, online shopping and doing transactions at physical st

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Oil edges up on hopes that U.S. and China can resolve trade dispute

SINGAPORE (Reuters) - Oil prices reversed earlier losses on Friday as hopes rose that the United States and China may resolve their trade disputes soon, easing concerns that an economic slowdown may w

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Rupee Falls 38 Paise to 74.06 Against the US Dollar in Early Trade

Mumbai, October 31: The rupee dropped by 40 paise to 74.08 against the US dollar in early trade Wednesday, amid increased demand of the American currencies from importers and sustained foreign fund ou

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Flipkart Big Diwali Sale: Discount on Google Pixel 3, Pixel 3XL, Xiaomi Poco F1, Honor 9N And More

Flipkart's third major festive ‘Big Diwali Sale’ is live. The 4-day Big Diwali sale will offer massive discounts on mobiles, TVs and appliances, electronic devices, accessories, gold coins, precious j

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Flipkart Diwali Offers on iPhones: iPhone X, iPhone 8, iPhone 7 Plus and more

There is a good news for the users who hold strong liking for the iPhones. These devices are being put up on Flipkart's platform at much greater discounts. So, you have the biggest opportunity to avai

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Apple MacBook Air, iPad Pro Price in India Revealed: Here Are The Details

Apple on Wednesday confirmed the price of its newly-launched iPad Pro, MacBook Air and Mac Mini in India. The 11-inch iPad Pro starts at Rs 71,900 for the Wi-Fi model and Rs 85,900 for the Wi-Fi+ Cell

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With 2.27 Billion Users, Facebook Revenue Hits USD 13.5 Billion in Q3

San Francisco, October 31: Facebook reported $13.5 billion in revenue with a net income of $5.1 billion ($1.76 per share) in the third quarter that ended September 30. Also Read | Blue Films Posted

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Armed Drones, Iris Scanners: China's High-Tech Security Gadgets

The exhibition, which ran Tuesday to Friday in Beijing, emphasised surveillance and monitoring technology just as the Communist government's domestic security spending has skyrocketed. Facial-recognit

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Jet Airways Appoints Goldman Sachs & Boston Consulting as Advisers to Plan Out Revival Strategy

Mumbai, October 30: Jet Airways is in the middle of a severe controversy over the last few months. The airline which has been trying to raise fresh funds, has appointed Goldman Sachs Group and Boston

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IBM to acquire software company Red Hat for $34 billion, its biggest acquisition

IBM said on 28 October had agreed to acquire US software company Red Hat for $34 billion, including debt, as it seeks to diversify its technology hardware and consulting business into higher-margin pr

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One97 communication's losses shoot up 78% to Rs 1,490 crore in FY18

One97 communication's losses shoot up 78% to Rs 1,490 crore in FY18 One97 Communications' revenues from operations, however, grew manifold to Rs 2,987.41 crore in FY2017-18 as against Rs 624.76 crore

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Flipkart Big Diwali sale phone deals revealed: Moto X4 will sell for Rs 10,999, Redmi Note 5 Pro for Rs 12,990

Flipkart Big Diwali sale phone deals revealed: Moto X4 will sell for Rs 10,999, Redmi Note 5 Pro for Rs 12,990 During the sale, Flipkart will be selling the Redmi 6 for Rs 9499, LG G7 ThinQ for Rs 29

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WhatsApp is rolling out Sticker feature for Android, iOS and web

Facebook-owned social messaging platform, WhatsApp is finally rolling out its much awaited Sticker feature for its users. The feature will be available to all WhatsApp users using the chat app on Andr

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Oil prices pulled down by global stock market plunge

SINGAPORE (Reuters) - Oil prices fell on Thursday as Asian shares plunged in the wake of Wall Street's biggest daily decline since 2011, while spreadbetters pointed to a subdued start for European mar

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IRCTC: Bank transaction charges while using Netbanking, Cards and Mobile-Wallets

24 Oct 2018: IRCTC: Bank transaction charges while using Netbanking, Cards and Mobile-Wallets Indian Railways Catering and Tourism and Corporation (IRCTC) offers the facility of booking train ticke

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Amazon Great Indian Festival Sale Live: Top 5 Gadgets You Can Buy

Amazon is back with the “Amazon Great Indian Sale”, just days after the exciting previous sale finished. This time around, there are discounts and exciting offers, with as much as 80% off on major bra

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Flipkart Festive Dhamaka Sale: Buy ZenFone Max Pro (M1), Zenfone 5Z And More on Discounted Price

Flipkart has once rolled out yet another sale. The Festive Dhamaka Sale kicks off today, and it will go on till October 27. During the sale, Flipkart will be offering huge discounts, cash back options

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Netflix announces it will borrow $2 billion to fund original shows and content

US leading media streaming service Netflix Inc has announced it will borrow another $2 billion in new debt to fund original shows and content. Netflix said it intends to use the net proceeds from t

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Teens And Europe Are Giving up on Facebook; But Instagram is The Surprise Gainer

The tough year for Facebook shows no signs of abating. There really is no getting around the fact that people are leaving Facebook, perhaps as a fallout of all the scandals which have dented consumer

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WhatsApp Flooded With Fake News Ahead of Brazil Election

Facebook Inc's popular messaging service WhatsApp has become a political battleground in Brazil's most polarized election in decades, raising concerns that it is distorting debate beyond the public ey

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Rupee In Trouble With Year-end Forecast At 76.50 Per US Dollar

In a Bloomberg survey, the currency expert at ING based out of Singapore has estimated the rupee's forecast for the year end at 76.50 even as the currency is making a rebound. At 11:08, the rupee gain

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Paytm teams up with Softbank, Yahoo to launch QR-based service in Japan

Paytm teams up with Softbank, Yahoo to launch QR-based service in Japan The PayPay service, launched on Sunday, is built around the QR-technology from Paytm that has over 300 million customers and ov

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Brent oil rises back above $80 as Iran sanctions loom

Singapore: Brent crude oil prices rose back above $80 a barrel on Monday as markets were expected to tighten once US sanctions against Iran`s crude exports are implemented next month. Benchmark Bre

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Facebook will spend so much reviewing political ads this year that it will lose money on them

Facebook is spending so much money hiring moderators to review political ads that it will cancel out the revenue those ads generate in this year’s election cycle, says CEO Mark Zuckerberg. “We’re

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Amazon will raise the price of Prime from $99 to $119 in the U.S.

Amazon is increasing the price of its Prime membership in the U.S. for the first time in four years, the company&rsquo;s chief financial officer announced on a call with analysts on Thursday.<

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Yawn: Amazon cloud business just keeps rolling along

It&rsquo;s almost becoming boring reporting that the Amazon&nbsp; cloud had a monster quarter. It&rsquo;s not news at this point, because of course they did. Yesterday, it once again blew away

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In victory for Elliott, Hyundai Motor to cancel $890 million in shares

SEOUL (Reuters) - Hyundai Motor said on Friday it will cancel $890 million worth of treasury shares, its first stock cancellation in 14 years - a plan that comes amid shareholder pressure to i

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Ericsson first-quarter loss shrinks as cost-cuts pay off; shares jump

By Helena Soderpalm and Olof Swahnberg &nbsp; STOCKHOLM (Reuters) - Ericsson beat quarterly profit expectations on Friday as savings started to kick in, fuelling

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China pledges to allow more foreign investment in financial sector by year-end

BOAO, China (Reuters) - China laid out a clearer timetable on Wednesday for opening its financial sector to more foreign investment by the end of 2018, as Beijing looks to fend off growing cri

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Coinbase will support Ethereum ERC20 tokens on its exchange

Coinbase has traditionally been extremely selective when it comes to adding new coins on its platform, but it appears things might be about to change: the San Francisco-based company has annou

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World's Biggest Cryptocurrency Exchange Is Heading to Malta

Binance, the world&rsquo;s largest cryptocurrency exchange by traded value, is seeking a fresh start in the Mediterranean. &nbsp; The company, founded last year i

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Baidu gets the green light to test self-driving cars in China

Chinese search giant Baidu has received approval to begin testing its self-driving cars in Beijing, Reuters reports. It is a sign of China&rsquo;s strong support for the industry in the wake o

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Tim Cook wants ‘well-crafted’ privacy regulations after latest Facebook scandal

Apple CEO Tim Cook, long an staunch advocate for consumer privacy, says that he supports the idea of tech companies facing regulations that specify just how they&rsquo;re able to use customer

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Mark Zuckerberg says Facebook has a ‘responsibility to protect your data,’ but he doesn’t apologize for its data privacy scandal

Facebook CEO Mark Zuckerberg has finally responded to the company&rsquo;s ongoing privacy scandal involving Cambridge Analytica, the data firm with ties to Donald Trump&rsquo;s 2016 presidenti

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Despite High Stock Price, Roku Is No Netflix

Of all the tech companies that went public last year, Roku may have been the biggest surprise hit. Having made itself almost as synonymous with fast-growing streaming video as Netflix, Roku&rs

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Uber and Lyft think they can solve one of medicine’s biggest problems

Ride-sharing companies have plunged into the health-care business, seeing a big opportunity in ferrying the 3.6 million people who miss medical appointments each year to their doctors&#39; off

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Facebook ends its experiment with the alternative ‘explore’ news feed

Facebook is ending its short-lived (and misguided) experiment with the alternative news feed feature called &ldquo;Explore.&rdquo; &nbsp; In a blog post today, Fa

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DoorDash is raising $535 million from SoftBank and others at a $1.4 billion valuation

The food-delivery company DoorDash is receiving a massive injection of cash in the latest iteration of the deal spree staged by SoftBank&rsquo;s Vision Fund. &nbsp;

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California Scraps Safety Driver Rules for Self-Driving Cars

SAN FRANCISCO &mdash; California regulators have given the green light to truly driverless cars. &nbsp; The state&rsquo;s Department of Motor Vehicles said Monday

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Google releases info on 2.4 million 'right to be forgotten' requests

Google has received 2.4 million &quot;right to be forgotten&quot; requests since 2014, most of which came from private individuals, according to its latest transparency report. Europe&#39;s bi

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Udacity grew its revenue over 100% year-over-year in 2017

Online learning platform Udacity had a banner year in 2017, according to a rare glimpse at the (still private) company&rsquo;s financials. It revealed that it had over 8 million students in to

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Hollar — the dollar store mobile app worth $200 million — is looking for a new CEO

Hollar, a Los Angeles-based startup that&rsquo;s trying to reinvent the dollar store for the smartphone age, has commenced a search for a new CEO, multiple sources told Recode.

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Apple confirms it uses Google's cloud for iCloud

A file that Apple updated on its website last month provides the first acknowledgment that it&#39;s relying on Google&#39;s public cloud for data storage for its iCloud services.

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YouTube Live gains automatic captions, chat replay and more

YouTube today announced several new features designed to improve the live streaming experience for both creators and viewers. The most notable additions include the ability to play back a live

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Glossier’s investors have pumped $52 million more into the popular beauty brand

Glossier, the digital-native beauty brand whose products have become a hit among teen girls as well as women in their 20s and 30s, has raised a new $52 million round of financing from its exis

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Microsoft and Xiaomi are partnering to make AI-powered speakers, smartphones, and more

Microsoft and Xiaomi have signed a memorandum of understanding (MoU) to work closely in cloud computing, AI, and hardware. It has so far been uncommon for a US company to partner with a Chines

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Momo buys Tantan, China’s Tinder, for over $600M as Chinese social networks consolidate

WeChat is far and away the biggest messaging platform in China at the moment, and that is helping to drive a push among the smaller players to get together for better scale. Today, Momo, the C

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Apple reportedly adding voice activation to new AirPods this year, water resistance next

Apple&rsquo;s release plans for new AirPods models have been divulged in a Bloomberg report this morning. The Cupertino company is said to be planning to refresh the AirPods, first released in

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Spotify job listing hints the company’s ‘first physical products’ are coming

Spotify so far has been content to partner far and wide on hardware, via its Spotify Connect platform, which allows anyone building a connected speaker, mobile device or piece of AV equipment

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Intel lays out its 5G plans ahead of Mobile World Congress

The big story at last year&rsquo;s Mobile World Congress was 5G. This time out, however, we can expect a lot around 5G. And as for next year&rsquo;s show? Well, then we&rsquo;ll finally start

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Walmart Heirs Lose $15 Billion As Stock Rocked By Sputtering Online Sales Growth

The descendants of Walmart founder Sam Walton saw their fortunes shrivel by $15 billion on Tuesday, after the world&#39;s largest retailer reported slowing online sales growth and a drop in pr

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Anyfin bags €4.8M Series A to let you refinance your existing loans by taking a photo

Anyfin, a startup based in Sweden that easily enables you to refinance your existing loans, including by taking a photo, has picked up &euro;4.8 million in Series A investment. The round is co

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Uber officially launches Uber Express POOL, a new twist on shared rides

Uber has launched Uber Express POOL officially after a lengthy trial period that kicked off in San Francisco last November, and has until now remained available only in that market. Starting t

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Why Facebook’s earliest efforts to kill off Snapchat completely backfired

Snapchat is one of Facebook&rsquo;s greatest threats, and Facebook CEO Mark Zuckerberg may be partly to blame. &nbsp; That&rsquo;s one interesting theory presente

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Telegram has raised an initial $850M for its billion-dollar ICO

It looks like Telegram&rsquo;s billion-dollar ICO has reached its first milestone after the chat app company raised an initial $850 million, according to a filing. &nbsp;

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Pebble founder Eric Migicovsky has joined Y Combinator as a partner

If you follow the startup industry, you likely know the story of smartwatch maker Pebble, including that famous Kickstarter campaign in 2012 that sought $100,000 but wound up raising more than

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Elon Musk’s Boring Company gets preliminary permit for NYC-DC Hyperloop

A 29-minute trip from D.C. to New York may seem too good to be true. And it very well may be. But that isn&rsquo;t stopping Elon Musk from pushing forward with plans to build a Hyperloop along

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Kidtech startup SuperAwesome is now valued at $100+ million and profitable

Technology companies like Facebook and Google are scrambling to catch up to the fact that kids have joined a web originally built for adults, and are using it the way adults do &mdash; by liki

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The Amazon Prime credit card will start giving 5 percent back on Whole Foods purchases

The Amazon-ification of Whole Foods continues. &nbsp; Starting on Tuesday, Whole Foods shoppers who pay with the Amazon Prime Rewards Visa card will earn 5 percen

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J.Crew has hired the Starbucks executive who transformed the coffee chain into a tech innovator

Adam Brotman, a longtime Starbucks executive who helped mold the Seattle coffee giant into one of the most technologically advanced retailers, is leaving the company after nine years for a top

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Sqreen wants to become the IFTTT of web app security

French startup Sqreen recently launched a Security Hub with dozens of plugins to put you in control of the security of your web app. In many ways, it feels like enabling tasks on popular autom

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Google Legally Fired Diversity Memo Author, Labor Agency Says

SAN FRANCISCO &mdash; Google did not break the law when it fired an engineer who wrote a memo critical of the company&rsquo;s diversity efforts, a lawyer for a federal labor agency said.

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President Trump is using tweets from a Facebook executive to argue Russia didn’t influence the election

President Donald Trump found an unlikely ally in his mission to convince the internet that Russia&rsquo;s attempts to interfere in the 2016 U.S. election didn&rsquo;t actually help get him ele

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Uber’s Dara Khosrowshahi perfectly sums up how CEOs feel about taking money from SoftBank

Silicon Valley CEOs mulling whether to accept an investment offer from SoftBank&rsquo;s Vision Fund always seem to have one alternate history in the backs of their minds: &nbsp;

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Snap CEO Evan Spiegel basically says the Snapchat redesign is here to stay

Despite a lot of backlash over a big redesign for the Snapchat app &mdash; which to be sure is a very big deal for a product-centric company like Snap &mdash; Snap CEO Evan Spiegel vigorously

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Oracle grabs Zenedge as it continues to beef up its cloud security play

Oracle announced yesterday that it intends to acquire Zenedge, a 4-year old hybrid security startup. They didn&rsquo;t reveal a purchase price. &nbsp; With Zenedg

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Swiss pharma company Roche is buying Flatiron Health for $1.9 billion

Roche, the global pharmaceutical company from Switzerland, today announced it will scoop up Flatiron Health, a startup analyzing real-time oncology data to help cancer patients and doctors, in

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LiveLike raises $9.6M to get more broadcasters streaming in VR

LiveLike, a startup that powers VR streaming experiences for broadcasters like FOX Sports and Sky, has raised a $9.6M Series B round led by Greycroft Partners and Lepe Partners. This brings to

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Here’s how Google Chrome will block ads starting today

Google has previously outlined its plans to kill annoying ads on web pages in its Chrome browser, and it&rsquo;s turning the feature on in version 64 of the desktop and mobile app today.

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Jewellers use PNB letters to dupe banks of Rs 11,300 crore

New Delhi: Punjab National Bank (PNB), India&rsquo;s second-largest state-owned bank, said on Wednesday that it has detected a Rs 11,346 crore ($1.8 billion) fraud at a Mumbai branch, the impa

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Norwest Venture Partners raises $1.5 billion fund

Norwest Venture Partners has closed a $1.5 billion fund, bringing the total under management to $7.5 billion. &nbsp; The firm will be using the money to invest pr

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Despite Unclear Govt Status On Cryptocurrencies, Car Rental Startup Drivezy Raises $5 Mn Via ICO

&nbsp; P2P Car Sharing Platform Drivezy Raises $10Mn Funding, Announces ICO To Build P2P Sharing Marketplace &nbsp; Car Rental Startup JustRide Tra

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Ripple CEO: 'We are solving a problem measured in trillions of dollars

Western Union confirmed what has been rumored for over a month: it is testing out use of the cross-border payments platform Ripple. &nbsp; Ripple has two main pay

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Cut toxic content or we will take out ads: Hindustan Unilever to Facebook, Google

&nbsp; Hindustan Unilever has threatened to cut investment in online social media platforms like Facebook and Google as it is alarmed at the nature of content available on these

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The Impact Of Blockchain On SaaS

Much of the conversation today about crypto is about Bitcoin and currency. But that&rsquo;s myopic. Soon, we will be talking about how crypto will change the software world. In fact, many foun

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While Amazon doubles down on Alexa, it’s laying off hundreds in other parts of its consumer business

Turns out there are limits to Amazon&rsquo;s growth. &nbsp; The $668 billion technology goliath has laid off a few hundred employees at its Seattle headquarters a

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Facebook lost around 2.8 million U.S. users under 25 last year. 2018 won’t be much better.

Facebook is losing young users even quicker than expected, according to new estimates by eMarketer. &nbsp; The digital measurement firm predicted last year that F

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Facebook confirms test of a downvote button for flagging comments

How can Facebook promote meaningful interaction between users? By letting them downvote inappropriate comments to hide them. Facebook is now testing a downvote button on a limited set of publi

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State Of The IoT: Why So Many Business Leaders Are Paying Attention

Of all the emerging technologies that companies are contending with, the Internet of Things (IoT) is what&rsquo;s keeping business leaders up at night. In fact, according to a new survey by Fo

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At Tencent, Tensions Rise Over the Future of WeChat

WeChat had just turned seven. At a luxury hotel in southern China last month, the anniversary party raged for workers at one of the world&rsquo;s most popular apps. There were lucky draws. Som

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Airbnb’s High-Profile Executive Holes

t a dinner for Airbnb&rsquo;s board two months ago, the company&rsquo;s co-founders and investors agreed that executive hiring would be a top priority for the coming year. With several top pos

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PAX Labs brings on Bharat Vasan as new CEO

PAX Labs has a new CEO. &nbsp; The company, which makes loose-leaf vaporizers, has brought on Bharat Vasan as Chief Executive Officer. &nbsp;

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Twitter is now worth more than Snap

Adding to what&rsquo;s already a Very Weird 2018, Twitter now has a bigger market cap than Snapchat maker Snap after posting a thoroughly interesting earnings beat for its fourth quarter this

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Akamai has laid off 400 workers or 5 percent of global workforce

Akamai, the Cambridge Massachusetts content delivery network and network services provider, announced they had laid off 400 people in their earnings call with analysts yesterday.

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SpaceX landed two of its three Falcon Heavy first-stage boosters

SpaceX has managed an incredible feat alongside its historic Falcon Heavy first test launch today &mdash; landing two of its boosters at once, nearly simultaneously, intact. The first-stage ro

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In Travis Kalanick’s first public appearance since resigning from Uber, his competitive nature was put on trial

The legal saga between tech behemoths Alphabet and Uber began with a bruising condemnation of Uber&rsquo;s former CEO. &nbsp; &ldquo;This case is about one compet

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Broadcom makes final offer in Qualcomm takeover bid

Broadcom Ltd. today made its final offer for beleaguered rival Qualcomm. The new amount, $120 billion, comes as Qualcomm faces legal battles with Apple and a portfolio of antiquated revenue st

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Tesla is connecting 50,000 homes in Australia to create a power grid

The state of South Australia is taking on a revolutionary project to harness solar energy and power 50,000 homes &ndash; but instead of using solar cells at a single location, it&rsquo;s creat

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Former Intel president launches new chip company with backing from Carlyle Group

Ampere, a new chip company run by former Intel president Renee James, came out of stealth today with a brand-new highly efficient Arm-based server chip targeted at hyperscale data centers.</di

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SoftBank has a new public relations chief to help it explain its huge deals

The investing firm at the center of seemingly every major tech deal now has more help to deal with the barrage of interest in its every move. &nbsp; Andrew Kovacs

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Lawsuit Exposes Internet Giant’s Internal Culture of Intolerance

James Damore, the former Google engineer who was fired last summer after authoring a document questioning the company&rsquo;s diversity policies, has filed a lawsuit against the company. In a

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Pulse Labs has raised $2.5 million in seed funding to help voice apps better interact with humans

It was a slow build, but between smart speakers, mobile devices and a growing army of connected home products, voice interfaces are poised to continue growing at a rapid clip. In a majority of

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Amazon reports nearly $2 billion in profit, blowing past Wall Street expectations for holiday quarter

Amazon reported quarterly financials after the bell Thursday for its fourth quarter, the all-important holiday season for the e-commerce giant. And its numbers had some people doing a double t

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Amazon should buy CBS. Here’s why it would be a smart deal.

CBS, home of broad-based hits like &ldquo;NCIS&rdquo; and &ldquo;Big Bang Theory,&rdquo; is exploring a tie-up with Viacom, which owns Nickelodeon, MTV and Comedy Central, as well as Paramount

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Why Samsung Just Split Its Stock For The First Time Ever

Samsung Electronics is now the world&rsquo;s largest chipmaker by revenue, ousting Intel from its 25-year reign as the industry&rsquo;s foremost supplier of semiconductors. At $69 billion in r

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HQ Trivia is raising $15 million at a valuation of more than $100 million from Founders Fund

HQ Trivia, the popular trivia gameshow app, plans to raise money in a new round of financing that values the company north of $100 million, according to multiple sources. &nbsp;

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Apple is about to report its biggest quarter of all time — and it might not be enough

Apple will report its fiscal first quarter results today after the market closes. Join Recode for live Apple earnings coverage and analysis beginning at 4:30 pm ET, 1:30 pm PT. (Update: The nu

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Andrew Ng officially launches his $175M AI Fund

As the founder of the Google Brain deep learning project and co-founder of Coursera, Andrew Ng was one of the most recognizable names in the machine learning community when he became Baidu&rsq

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Amazon, Berkshire, JPMorgan Link Up to Form New Health-Care Company

It&rsquo;s no secret Jeff Bezos has been looking to crack health care. But no one expected him to pull in Warren Buffett and Jamie Dimon, too. &nbsp; News Tuesday

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Google Flights will now predict airline delays – before the airlines do

Google is rolling out a few new features to its Google Flights search engine to help travelers tackle some of the more frustrating aspects of air travel &ndash; delays and the complexities of

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Why China's Home Rental Market Could Be The Next Massive Online Push For Alibaba, Tencent

With a wide range of digital services such as online shopping and payment, Chinese internet giants Alibaba and Tencent already transformed how hundreds of millions of consumers shop and pay. T

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Cake raises $5 million for a swipeable mobile browser

A startup called Cake has an ambitious plan to take on incumbents like Chrome and Safari to build a better browser for mobile devices. The company announced this morning it has raised $5 milli

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Google says it removed 700K apps from the Play Store in 2017, up 70% from 2016

The relatively open nature of Android has made it a target for malware authors and other bad actors of all stripes who often try to get their wares onto your phone through both the official Go

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Amazon is creating a health care company with the help of Warren Buffett and JPMorgan Chase

The health care industry has been on edge over the past year as reports have surfaced laying out Amazon&rsquo;s interest in disrupting the sector. On Tuesday, Jeff Bezos&rsquo;s company perhap

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AI Doesn’t Have to Shrink Your Workforce

The artificial intelligence revolution in business is here, and it has a lot of people worried. In a recent survey of 3,000 executives, a study we conducted at Accenture found that more than t

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A new bot snitches on how your Twitter friends are changing their bios

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For several years, Apple has been steadily designing more and more of the chips powering its iPhones, iPads, Macs and Apple Watches. This creates a better user experience and helps trump rival

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As Kia&rsquo;s longest standing global partnership, the iconic Asia-Pacific Tennis Grand Slam has been part of the Kia partnership family since 2002. Now in the 16th year as Major Partner of t

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Hyundai Motor, Kia Motors flag slow sales growth in 2018

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Traders are betting billions that the hottest stocks of 2017 will get crushed

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Trump's tax cuts are a 'quickly planned looting through a broken window in our nation's character'

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SoftBank succeeds in tender offer for Uber shares

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World Bank raises China 2017 growth forecast, maintains 2018 outlook

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Centerview Partners has crushed 2017 - and its investment bankers are going to make a fortune in 2018 as well

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The Tesla Semi reveal at SpaceX headquarters near Los Angeles in November was easily the most bonkers Tesla event I&#39;ve ever attended. Elon Musk jumping out of an all-electric big rig, bath

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Shares of the Chinese e-commerce giant dived as much as 3.9% on Thursday, the biggest retreat in 10 days according to Bloomberg data. Shares dropped about 1% on Friday. The sell-off has been f

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Alibaba Gets CCI Nod To Invest In Grocery Delivery Startup Bigbasket

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Lexinfintech slashes U.S. IPO size as China reins in micro-lenders

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Trinity Industries to spin off infrastructure businesses, raises share buyback program to $500 million

Trinity Industries Inc. TRN, -0.42% said Tuesday its board has approved a plan to spin off its infrastructure-related businesses in a move expected to be completed in the second half of 2018. Th

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Saudi Aramco Prepares for Biggest Ever IPO with Huge Budget Hike

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SoftBank Investor Lydia Jett Steps Down From Snapdeal Board

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Is Alibaba Eyeing BigBasket to Tap India's Grocery Market?

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Apple confirms deal to buy music discovery app Shazam

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Atos offers to buy Gemalto for 4.3 billion euros to boost cyber security services

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Seagate Still Choppin': To Cut Another 500 Jobs This Year

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Delta has a new baggage fee that's going to annoy tons of passengers

This week, Delta Air Lines updated its basic economy travel policy with the addition of a new checked baggage fee. If you are flying Delta basic economy between the US and Europe or North Afri

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Asia cheers China trade boost, bitcoin shoots for the stars

SYDNEY (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations and investors marvelled at the meteoric ascent of bitcoin, th

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Exclusive: Uber's Chinese rival Didi Chuxing to enter Mexico next year: sources

MEXICO CITY/SAN FRANCISCO (Reuters) - Didi Chuxing, China&#39;s ride-hailing behemoth, plans to expand into Mexico next year, intensifying its global rivalry with Uber, according to two source

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Apple just named its favorite apps and games of the year

Meditation, photo editing and puzzles were the themes of the best apps of the year, as determined by Apple employees. &nbsp; The company on Thursday released its

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Cboe's bitcoin futures market goes live Sunday - but some of Wall Street's biggest banks are sitting it out

Cboe Global Markets&#39; bitcoin futures market will go live Sunday, but some Wall Street banks don&#39;t plan to get involved, according to a report by The Wall Street Journal .

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Bitcoin surges above $12,000 to record high on relentless demand

TOKYO (Reuters) - Bitcoin extended its eye-popping rally on Wednesday, breaking above $12,000 to a record high despite questions about the cryptocurrency&#39;s real value and worries about a d

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Exclusive: Baupost expected to make quick profit in Westinghouse bankruptcy - sources

(Reuters) - Hedge funds led by the Baupost Group LLC are poised to score a $170 million profit in less than three months from a bet tied to Toshiba Corp&#39;s bankrupt nuclear unit Westinghous

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Lamborghini just unleashed the fast SUV in the world

Lamborghini unveiled the all-new Urus SUV on Monday a presentation that could best be described as shambolic. A technical glitch forced Lamborghini to temporarily shut down the launch presenta

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Amazon Australia goes live in time to ruin rivals' Christmas

SYDNEY (Reuters) - Amazon.com Inc&#39;s (AMZN.O) Australian arm began taking orders on Tuesday, ending speculation about the timing of its launch in the world&#39;s No. 12 economy and likely d

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Chipmaker Dialog plunges further on fears Apple could go it alone

LONDON/FRANKFURT (Reuters) - Shares in Dialog Semiconductor dropped about 24 percent on Monday after the company acknowledged for the first time that top customer Apple Inc could develop its o

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CVS made a $69 billion bet it can become the first place you go when you're sick

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Legendary car designer Henrik Fisker is working on self-driving bus that looks straight from the future

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LafargeHolcim chairman says 'unacceptable errors' made in Syria

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Venezuela Maduro gains control over oil contracts amid purge

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Amazon's Alexa is leading the voice-computing market - but the company's openness to rivals shows it's thinking through the implications

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CVS Health is buying Aetna for $69 billion in 2017's biggest deal

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Wipro To Contest $140 Million Lawsuit Filed By National Grid U.S.

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Deutsche Bank hired a head of emerging market fixed income sales in September - and he's just left the company

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Walmart stops selling controversial shirt that encourages lynching journalists

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Federal prosecutors want to seize the Wu-Tang Clan album that Martin Shkreli paid $2 million for

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Bitcoin pauses below record peak; gained 55 percent in November

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Walgreens CEO isn't convinced Amazon will get into healthcare

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Lexus supersized its best-selling RX350 luxury SUV

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T-Mobile's failed Sprint merger could actually be good for wireless carriers

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Tesla fires back at claims its cars suffer from major quality issues

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Bitcoin not big enough to threaten world economy, BoE deputy says

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Uber's third-quarter net loss widens to $1.46 billion - source

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Kaspersky CEO says he would leave if Russia asked him to spy

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Waymo seeks delay of Uber trade secrets trial over new evidence

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Bitcoin soars above $9,000 to new record high

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A would-be Tesla rival that's developing a 1,000-horsepower electric luxury sedan expands, will move into Tesla's neighborhood

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A pair of Boeing 747 jumbo jets just sold on a Chinese website for $48 million

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Microsoft's Skype pulled from Apple, Android China app stores

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Uber paid hackers to cover up massive data breach

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SoftBank funding may spur Uber to re-think tough Southeast Asian market

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American Airlines flights are going without food after listeria found at catering kitchen

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The CEO of investment startup Acorns wants his app to be used by every American with a household income under $100,000

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The head of JPMorgan's giant investment bank is worried 'the next market correction will be painful'

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Steve Bannon is reportedly on the warpath against hedge fund titan Paul Singer

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UPS raises its forecast, citing overseas shipments and expectations for a strong holiday season

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Airbus' deal of the century may not be as great as it sounds

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The Wall Street analysts who called CVS's huge potential deal last month explain why it could 'realign' the entire industry

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AMD's cryptocurrency boost may be nearing its end

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Traders betting against Chipotle made $260 million in a single day on its earnings disaster

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GOLDMAN SACHS: The fastest-growing part of the stock market will surge to a record next year

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Daimler just unveiled an electric heavy-duty truck concept that could rival Tesla's semi

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Two former female Uber engineers have filed a complaint about their pay and allege they were 'ranked' on their looks

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Tesla pro-union leaders marched into the company's Fremont factory demanding some fired workers be rehired

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There's a hole in the theory that the 'Amazon effect' is keeping US inflation down

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McDonald's 'mirror of Starbucks' is revolutionizing the chain's business - here's how

In September, McDonald&#39;s announced that it had added a new set of espresso-based drinks to the menu: a caramel macchiato, a vanilla cappuccino, and an americano. The new dri

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China's Xi Jinping is officially its most powerful leader since Mao

President Xi Jinping has become China&#39;s most powerful leader since Mao Zedong. &nbsp; Xi&#39;s name was added to China&#39;s constitution on Tuesday, the firs

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Bombardier's next generation $73 million Global 7000 private jet just made its air show debut

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Uber may have reached a tipping point in New York City - and that's bad news for taxis

Morgan Stanley auto analyst Adam Jonas published a research note on Monday in which he assessed some trends for raid-hailing-services and taxi patronage in the city that never sleeps. <

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New York City is duking it out for Amazon's headquarters by offering 62.5 million square feet of space

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Volkswagen CEO attacks Tesla for firing hundreds of people while burning through cash

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The president of Goldman Sachs was afraid to make big decisions until he had a one-minute conversation with CEO Lloyd Blankfein

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LONDON (Reuters) - Gold prices shot up on Monday to their highest in close to a year as investors bought safe-haven assets on worries that North Korea might launch more missiles after its sixt

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China services sector expands by most in three months in August - Caixin PMI

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China pledges small increase in funding for BRICS

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Mexico, Canada to stay in NAFTA even if U.S. leaves - minister

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AirAsia CEO says leasing unit sale is 'imminent'

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Total is buying Maersk Oil in a $7.5 billion deal

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Amazon deal for Whole Foods wins U.S. regulatory, shareholder approvals

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European companies seek help dealing with activist investor threat

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North American exodus at PetroChina sparks speculation of company shift

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Oil prices fall on concerns of oversupply as Libyan output recovers

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Dabur Tunisie to be dissolved, liquidation under way

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This week in tech: Could Nikesh Arora be the right man to drive Uber?

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Facebook Inc. is taking another stab at turning its Oculus Rift virtual reality headset into a mass-market phenomenon.

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Uber is Merging with Yandex in $3.7 Billion Russian Ride-Hailing Deal

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American Airlines quits codeshare deals with Qatar, Etihad airlines

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Cabela's shareholders OK $5 billion Bass Pro deal

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China's CITIC Agri Fund buys Dow corn seed assets for $1.1 billion

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Elliott proposes $18.5 billion Oncor deal to top Buffett

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The founders of Robinhood, a no-fee stock trading app, were initially rejected by 75 venture capitalists - now their startup is worth $1.3 billion

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COSCO Shipping, Orient Overseas shares leap after lofty $6.3 billion bid

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Fitness-tracking company Jawbone, once worth $3 billion, is shutting down liquidating its assets

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Tesla wins giant battery contract in Australia, has 100-day deadline

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Exclusive: Zimbabwe maize subsidy adds $118 million to mounting debt

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Amazon cornered Whole Foods into not seeking more bids, filing shows

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U.S. job growth accelerates in June, wages continue to lag

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$1 billion headache for Airbus as Qatar cancels four jets

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Oil prices slump over 1 percent on rise in U.S. output

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Buffett's Berkshire Hathaway nears $18 bln deal for Oncor - sources

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Asia hit by Wall Street stumble, debt yields spike after ECB minutes

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Brokerages Take Heart From IndiGo’s Insistence On Low-Cost Model

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25 Large Retailers Besides J.C. Penney Are Closing Waves of Stores

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Ford's China sales post strongest growth of year in June

BEIJING (Reuters) - Ford Motor Co said its China sales surged 15 percent in June, their strongest pace of the year, as the industry puts the phasing out of a tax cut behind it, adding that it

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Global Stocks Retreat as Investors Question Tech’s Dominance

Global stocks retreated Tuesday as investors doubt whether technology companies can continue to lead markets higher. &nbsp; The Stoxx Europe 600 edged down 0.3% f

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Samsung on track to take Intel's chip crown with record second-quarter earnings

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Facebook fights U.S. gag order that it says chills free speech

SAN FRANCISCO/WASHINGTON (Reuters) - Facebook Inc &lt;FB.O&gt; is challenging a gag order from a U.S. court that is preventing the company from talking about three government search warrants t

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CEO of $425 billion money manager nails the big challenge in measuring GDP

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Samsung plans $18.6 billion South Korea investment amid chip boom

SEOUL (Reuters) - Samsung Electronics Co Ltd said on Tuesday it plans to invest at least 21.4 trillion won ($18.63 billion) in South Korea as it seeks to extend its lead in memory chips and ne

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Tencent wanted to buy WhatsApp, but Mark Zuckerberg swooped in and stole the $19 billion deal while its CEO was having back surgery

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Tesla will start delivering the Model 3 in July - here's everything you need to know about the car

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Thyssenkrupp wants less than 50 percent of Tata steel JV - Handelsblatt

FRANKFURT (Reuters) - German industrial group Thyssenkrupp aims to hold less than half of a steel joint venture it wants to set up with Tata Steel so it can deconsolidate the business from its

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Big pharma turns to AI to speed drug discovery, GSK signs deal

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Gold slips as dollar pares losses, stocks hold ground

BENGALURU (Reuters) - Gold edged lower on Monday as investors shunned safe-haven assets for equities, with Asian stocks remaining near two-year highs, and as the dollar rose from a nine-month

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Asia manufacturing picks up in June but momentum seen slowing into second half

SINGAPORE (Reuters) - Manufacturing activity in Asia&#39;s tech producing economies expanded in June, helped by growing global demand for electronics products, but headwinds in external market

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EU fines Google $2.7B for abusing search monopoly

The European Union on Tuesday slapped technology giant Google with a record fine of &nbsp;&euro;2.42 billion or $2.7 billion for breaching EU antitrust rules by abusing the monopoly it enjoys

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Philip Morris (PM) Gains Despite Tobacco Industry Headwinds

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Walgreens ends its attempt to buy Rite Aid

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GOP touts lower premiums, but other insurance costs to rise

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Oil rises for sixth session, buoyed by U.S. output decline

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Buffett's Berkshire on verge of becoming BofA's top shareholder

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