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Amazon's review of Toronto could escalate tension with Trump

TORONTO (Reuters) - Amazon.com Inc's inclusion of Canada's largest city on a list of 20 finalists for a massive new campus could escalate tensions between the tech giant and U.S. President Donald Trump.

companyNews reuters.com

UPDATE 1-Businesses warn of risks of tighter rules on U.S. foreign investment

WASHINGTON, Jan 18 (Reuters) - Proposals before the U.S. Senate and House to tighten rules on foreign investment into critical technologies could cause companies to take their research and development overseas to avoid scrutiny, critics said on Thursday.

companyNews reuters.com

BRIEF-Canopy Growth Increases Bought Deal Financing To $200.7 Mln

* CANOPY GROWTH CORPORATION ANNOUNCES INCREASE TO BOUGHT DEAL FINANCING

technologyNews reuters.com

Fears of global crackdown fail to dampen cryptocurrency interest

MIAMI (Reuters) - Worries about a crackdown by global regulators on cryptocurrency trading could slow the pace of bitcoin's rise but should not threaten its existence, investors and market participants at a cryptocurrency conference said on Thursday.

cnn.com

Pentagon considers rewriting its rules for using nukes

The Pentagon is considering recommending a change in policy regarding the use of nuclear weapons that could potentially open the door to a US nuclear response to a massive cyberattack, according to a defense official familiar with a draft of the Trump administration's Nuclear Posture Review who cautions it is not final.

companyNews reuters.com

Businesses warn of risks of tighter rules on U.S. foreign investment

WASHINGTON, Jan 18 (Reuters) - Proposals before the U.S. Senate and House to tighten rules on foreign investment into critical technologies could cause companies to take their research and development overseas to avoid scrutiny, critics said on Thursday.

companyNews reuters.com

BRIEF-H&R Announces $250 Million Senior Unsecured Debenture Financing

* H&R REAL ESTATE INVESTMENT TRUST - THE DEBENTURES WILL CARRY A COUPON RATE OF 3.416% AND WILL MATURE ON JANUARY 23, 2023

technologyNews reuters.com

Amazon shortlists 20 cities, including Toronto, for second headquarters

(Reuters) - Amazon.com Inc has short-listed 20 cities and regions, including Canada's Toronto, for the construction of a second headquarters that it says will generate 50,000 new, high-paying jobs in a $5 billion investment.

companyNews reuters.com

BRIEF-Nuuvera Inc. Announces Increase To Bought Deal Financing

* NUUVERA INC - PURSUANT TO UPSIZED DEAL TERMS, UNDERWRITERS HAVE AGREED TO PURCHASE, 8.2 MILLION UNITS AT C$5.50 PER UNIT FOR GROSS PROCEEDS OF C$45 MILLION Source text for Eikon: Further company coverage:

technologyNews reuters.com

Italy's anti-trust opens probe into Apple, Samsung phone complaints

ROME (Reuters) - Italy's antitrust has opened a probe into allegations that Apple Inc. and Samsung Electronics Co Ltd used software updates deliberately to speed up the ageing process of their products.

technologyNews reuters.com

Software AG takes hit on U.S. tax reform

FRANKFURT (Reuters) - Germany's Software AG on Thursday said it would take a hit in the mid-single digit million euros range for 2017 due to U.S. federal tax reforms.

technologyNews reuters.com

Eni launches world's biggest industrial supercomputer

MILAN (Reuters) - Italian oil and gas group Eni said on Thursday it had installed new capacity at its supercomputing centre near Milan to create the world's most powerful industrial computer.

technologyNews reuters.com

France, Germany to make joint bitcoin regulation proposal at G20 summit

PARIS (Reuters) - France and Germany will make joint proposals to regulate the bitcoin cryptocurrency at the next summit of the G20 group of major economies in Argentina in March, French Finance Minister Bruno Le Maire said on Thursday.

technologyNews reuters.com

Reedeux Media seeks IPO after first coin offering sells out

(Reuters) - U.S. tech startup Reedeux Media said it plans to list on the Nasdaq exchange later this year, seeking a valuation of up to $1 billion after selling out the first tranche of its media cryptocurrency coin offering on Thursday.

technologyNews reuters.com

Schneider Electric says software bug exploited in watershed hack

TORONTO (Reuters) - Schneider Electric SE disclosed on Thursday that hackers exploited a flaw in its software in a watershed hack discovered last month that halted plant operations at an industrial facility.

technologyNews reuters.com

Carl Icahn seeks revision or termination of Xerox-Fujifilm deal

(Reuters) - Xerox Corp investor Carl Icahn on Thursday said he agreed with fellow stakeholder Darwin Deason that a joint venture between Xerox and Fujifilm Holdings should be revised or terminated, and reiterated a change in leadership.

technologyNews reuters.com

Amazon shortlists 20 cities for second headquarters

(Reuters) - Amazon.com Inc has short-listed 20 cities, including one in Canada, to build its second headquarters after reviewing 238 proposals and expects to make a decision this year, it said on Thursday.

technologyNews reuters.com

Carl Icahn seeks revision of Xerox-Fujifilm deal

(Reuters) - Xerox Corp investor Carl Icahn on Thursday said he agreed with fellow shareholder Darwin Deason that a joint venture between Xerox and Fujifilm Holdings should be revised or terminated.

technologyNews reuters.com

Swiss task force to look into blockchain oversight

ZURICH (Reuters) - Switzerland has set up a working group to look into oversight of blockchain technology and initial coin offerings (ICOs) and report back to the government by the end of this year.

technologyNews reuters.com

Google, Temasek investing in Indonesia's Go-Jek as ride-hailing rivalry deepens: sources

SINGAPORE (Reuters) - Google, Singapore investor Temasek and China's Meituan-Dianping are investing in Go-Jek as part of a $1.2 billion fundraising round, bolstering the Indonesian ride-hailing firm in its battle with deep-pocketed rivals Grab and Uber, sources said.

technologyNews reuters.com

Goldman Sachs, Wells Fargo and others invest $38 million in research tech startup

NEW YORK (Reuters) - Goldman Sachs Group Inc has led a $38 million investment round by large banks in Visible Alpha, a young New York-based company that helps investment managers better value the equity research services they receive from brokers.

technologyNews reuters.com

Google, Temasek to come in as new investors in Indonesia's Go-Jek: sources

SINGAPORE (Reuters) - Alphabet Inc's Google, Singapore state investor Temasek and Chinese online platform Meituan-Dianping are investing in Indonesian ride-hailing start-up Go-Jek as part of a $1.2 billion fundraising round, sources familiar with the matter said.

technologyNews reuters.com

China's JD.com says will invest over $3 billion in "rustbelt" regions: Xinhua

SHANGHAI (Reuters) - Chinese online retailer JD.com will invest more than 20 billion yuan ($3.11 billion) in the country's northeastern "rustbelt" regions over the next three years, the Xinhua news agency reported on Thursday, citing the company.

companyNews reuters.com

BRIEF-Axis Auto Finance announces upsize of previously announced financing

* AXIS AUTO FINANCE ANNOUNCES UPSIZE OF PREVIOUSLY ANNOUNCED FINANCING

technologyNews reuters.com

Google, Temasek coming in as new investors in Indonesia's Go-Jek: sources

SINGAPORE (Reuters) - Alphabet Inc's Google , Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing start-up Go-Jek, sources familiar with the matter said.

businessNews reuters.com

Old hands in South Korea Bitcoin market unfazed by threats of ban

SEOUL/HONG KONG (Reuters) - Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent.

technologyNews reuters.com

South Korea considers shutting down domestic cryptocurrency exchanges

SEOUL (Reuters) - South Korean policymakers joined the global chorus of virtual-coin critics on Thursday, saying Seoul is considering shutting down domestic virtual currency exchanges as the new breed of market exposes users to speculative frenzy and crime.

technologyNews reuters.com

South Korea considering shutting down all virtual currency exchanges

SEOUL (Reuters) - South Korea's financial regulator chief said the government is considering shutting down all local virtual currency exchanges in a national policy committee meeting on Thursday.

technologyNews reuters.com

South Korea's financial regulator says considering shutting down all virtual currency exchanges

SEOUL (Reuters) - South Korea's financial regulator chief says the government is considering shutting down all local virtual currency exchanges in a national policy committee meeting on Thursday.

technologyNews reuters.com

Toshiba sees $3.7 billion balance sheet improvement from Westinghouse deal

TOKYO (Reuters) - Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group - a move that would contribute to an improvement of about 410 billion yen ($3.68 billion) in its balance sheet.

technologyNews reuters.com

U.S. enterprise telecoms firm Avaya trades again after bankruptcy

(Reuters) - Avaya Holdings Corp shares started trading on Wednesday on the New York Stock Exchange, the first time the enterprise telecommunications provider has been public in more than a decade.

businessNews reuters.com

Fed fines Taiwan's Mega Bank $29 million for anti-money laundering failures

WASHINGTON (Reuters) - The U.S. Federal Reserve Board said on Wednesday it had fined Taiwan's Mega International Commercial Bank Co. $29 million for anti-money laundering violations and required the company to improve its anti-money laundering oversight and controls.

companyNews reuters.com

BRIEF-Canopy Growth Corp Announces $175 Million Bought Deal Financing

* CANOPY GROWTH CORPORATION ANNOUNCES $175 MILLION BOUGHT DEAL FINANCING

technologyNews reuters.com

Under threat: Cyber security startups fall on harder times

SAN FRANCISCO (Reuters) - A wave of cyber attacks by criminals, spies and hacker activists should make these heady days for U.S. cyber security startups.

Bitcoin (Currency) nytimes.com

Bitcoin Falls Below $10,000 as Virtual Currency Bubble Deflates

The price of one Bitcoin is down 50 percent from its peak as concerns grow that governments may crack down on virtual currency trading.

businessNews reuters.com

Regulatory fears hammer bitcoin below $10,000, half its peak

LONDON/TOKYO (Reuters) - Bitcoin fell as much as 20 percent on Wednesday, piercing below $10,000, while other cryptocurrencies took similar spills due to investor fears that regulators could clamp down on them in an effort to curb speculation.

technologyNews reuters.com

Tom Siebel's billion-dollar software firm raises $100 million

SAN FRANCISCO (Reuters) - C3 IoT, a software company founded and run by longtime Silicon Valley executive Thomas Siebel that helps companies collect and analyze data, has raised another $100 million in a new funding backed by TPG Growth, the company said on Wednesday.

cnn.com

30% down in a week, Bitcoin falls below $10,000

technologyNews reuters.com

Crypto stocks tumble as bitcoin selloff continues

(Reuters) - A slew of blockchain- and bitcoin-related stocks sank on Wednesday following a steep fall in the price of the cryptocurrency over the past few days on fears of regulatory clampdowns.

politicsNews reuters.com

U.S. banking official critiques Senate bill aimed at easing bank rules

WASHINGTON (Reuters) - A top official at a leading U.S. bank regulator is airing concerns about a Senate bill that would ease banking rules, saying parts of it could "significantly weaken" critical protections.

businessNews reuters.com

Bitcoin slumps below $10,000, half its peak, as regulatory fears intensify

LONDON/TOKYO (Reuters) - Bitcoin skidded below $10,000 on Wednesday, halving in value from its peak price, with investors gripped by fears regulators could clamp down on the volatile cryptocurrency that sky-rocketed last year.

technologyNews reuters.com

Citi sees bitcoin potentially halving in value again

NEW YORK (Reuters) - Bitcoin may lose 50 percent of its value from its current level as fears over regulatory clamp-downs have spurred a rout among cryptocurrencies this week, Citi analysts said on Wednesday.

technologyNews reuters.com

IBM shares rise after Barclays double upgrade

(Reuters) - Shares in International Business Machines rose nearly 2 percent on Wednesday, helped by a double-notch upgrade for the company from Barclays ahead of fourth-quarter results on Thursday.

businessNews reuters.com

Bitcoin slumps to $10,000, half its peak price, as regulatory fears grow

LONDON/TOKYO (Reuters) - Bitcoin skidded a further 12 percent on Wednesday, marking an almost halving in value from its peak price, with investors spooked by fears regulators could clamp down on the volatile cryptocurrency that skyrocketed last year.

businessNews reuters.com

Bitcoin jolted by regulation worries, tumbles 11 percent on extended sell-off

TOKYO/LONDON (Reuters) - Bitcoin skidded more than 11 percent on Wednesday, extending a precipitous downturn in fortunes with investors spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.

technologyNews reuters.com

Philippine lawmakers worry China Telecom may be a 'Trojan horse'

MANILA (Reuters) - Opposition members of the Philippine Congress raised concern on Wednesday that China Telecom Corp Ltd, which may enter the Philippine industry, could be a "Trojan horse" aimed at giving China access to state secrets.

technologyNews reuters.com

Standard Chartered creates fintech investment unit

LONDON (Reuters) - Standard Chartered said on Wednesday it had established a business unit to invest in financial technology and promote innovation.

businessNews reuters.com

Asian shares retreat as commodities ease, bitcoin pummeled

TOKYO (Reuters) - Asian equities stepped back from a record high on Wednesday as the region's resource shares were knocked by falling oil and commodity prices while digital currencies tumbled on worries about tighter regulations.

companyNews reuters.com

GLOBAL MARKETS-Asian shares retreat as commodities ease, bitcoin pummelled

* Resource shares lead losses in Asia as oil dips on profit-taking

companyNews reuters.com

Nikkei falls as mining, oil stocks slip, bitcoin-related shares tumble

TOKYO, Jan 17 (Reuters) - Japan's Nikkei share average dropped on Wednesday as mining, oil and shipping stocks lost ground, while bitcoin-related stocks tumbled after the cryptocurrency's value extended its sharp decline on worries over tighter regulation.

businessNews reuters.com

Bitcoin jolted by regulation worries, falls 7 percent on extended selloff

TOKYO/SINGAPORE (Reuters) - Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.

businessNews reuters.com

Bitcoin falls more than 7 percent as regulation worries mount

TOKYO (Reuters) - The price of bitcoin extended its sharp tumble of the past 24 hours, dropping more than seven percent on the Bitstamp exchange on Wednesday, spooked by worries regulators may try to clamp down on the highly-volatile trading in the digital currency.

companyNews reuters.com

GLOBAL MARKETS-Asian shares dip as commodities ease, bitcoin licks wounds

* Resource shares lead losses in Asia as oil dips on profit-taking

Tennis nytimes.com

Retirements Are Down at the Australian Open. Is Money the Reason?

Only one of the 128 singles matches in the Australian Open’s first round ended with a player retiring midmatch, tying the lowest total at a Grand Slam event in the last 10 years.

companyNews reuters.com

BRIEF-ARHT Media increases size of private placement financing to $5 mln

* ARHT MEDIA ANNOUNCES UPSIZING OF PRIVATE PLACEMENT FINANCING

companyNews reuters.com

Nikkei drops; mining, oil and shipping stocks lose ground, Bitcoin shares tumble

TOKYO, Jan 17 (Reuters) - Japan's Nikkei share average dropped on Wednesday morning as mining, oil and shipping stocks lost ground, while Bitcoin-related stocks tumbled after the cryptocurrency's value slid on worries about tighter regulations.

businessNews reuters.com

Asian shares dip as commodities ease, bitcoin licks wounds

TOKYO (Reuters) - Asian stocks stepped back from a record high on Wednesday as the region's resource shares were dented by falling oil and commodity prices while digital currencies tumbled on worries about tighter regulations.

technologyNews reuters.com

YouTube again revises rules to protect advertisers from offensive content

SAN FRANCISCO (Reuters) - Alphabet Inc's Google is making its second attempt in less than a year to protect advertisers on its YouTube user channels from being associated with videos featuring violence, gore or bad language.

PersonalFinance reuters.com

U.S. companies list blockchain ETFs as bitcoin proposals languish

NEW YORK (Reuters) - Investors looking to profit from excitement surrounding bitcoin technology will get a new opportunity this week.

technologyNews reuters.com

Senate advances bill to renew NSA's internet surveillance program

WASHINGTON (Reuters) - The U.S. Senate on Tuesday advanced a bill to renew the National Security Agency's warrantless internet surveillance program, as a final push by privacy advocates to derail the measure came up short.

nytimes.com

Stephen Bannon, California, Bitcoin: Your Tuesday Evening Briefing

Here’s what you need to know at the end of the day.

businessNews reuters.com

Bitcoin falls 25 percent to $10,200 on Bitstamp exchange

SYDNEY (Reuters) - Bitcoin had lost a quarter of its value in early Asian trading on Wednesday as fears grew of a regulatory crackdown after reports that South Korea's finance minister said banning trading in cryptocurrencies was still an option.

technologyNews reuters.com

Chinese carmaker Chery to use Nvidia's self-driving technology

(Reuters) - Nvidia Corp said on Tuesday China's Chery Automobile Co [CHERY.UL] would use its self-driving technology that it has developed with Baidu and ZF Friedrichshafen AG [ZFF.UL].

technologyNews reuters.com

Bitcoin, other cryptocurrencies tumble on government crackdown worries

LONDON/NEW YORK (Reuters) - Bitcoin slid as much as 18 percent on Tuesday to a four-week low, as worries about a regulatory crackdown on the market spread after reports suggested it was still possible that South Korea could ban trading in cryptocurrencies.

technologyNews reuters.com

U.S. warns investors over Venezuela's 'petro' cryptocurrency

WASHINGTON (Reuters) - The U.S. Treasury has warned U.S. investors to approach Venezuela's proposed "petro" cryptocurrency with caution, saying that it may contravene U.S. sanctions against the government of Venezuelan President Nicolas Maduro.

technologyNews reuters.com

Bitcoin, other cryptocurrencies tumble on govt crackdown worries

LONDON/NEW YORK (Reuters) - Bitcoin slid as much as 18 percent on Tuesday to a four-week low, as worries about a regulatory crackdown on the market spread after reports suggested it was still possible that South Korea could ban trading in cryptocurrencies.

companyNews reuters.com

Greenlight's Einhorn bets on Brighthouse, makes money on GM

BOSTON, Jan 16 (Reuters) - Hedge fund manager David Einhorn told investors on Tuesday that he made several new bets, including a "large" one on Brighthouse Financial, late last year and that he made money on automaker General Motors but lost money on Amazon and Tesla .

PersonalFinance reuters.com

Be a money superhero and cosplay on a budget

NEW YORK (Reuters) - If you ever happen to run into Burbank’s Mark Chu-Lin, he might not respond if you call out to him by name.

topNews reuters.com

Bitcoin, rival cryptocurrencies plunge on crackdown fears

LONDON (Reuters) - Bitcoin slid as much as 18 percent on Tuesday to a four-week low, as fears of a regulatory crackdown on the market spread after reports suggested it was still possible that South Korea could ban trading in cryptocurrencies.

companyNews reuters.com

BRIEF-Metatron (MRNJ) Releases BitMeet, A Bitcoin Crypto-Currency Trading Progressive App For All Mobile Platforms

* METATRON (MRNJ) RELEASES BITMEETâ„¢A BITCOIN CRYPTO-CURRENCY TRADING PROGRESSIVE APP FOR ALL MOBILE PLATFORMS Source text for Eikon: Further company coverage:

cnn.com

Bitcoin sinks 20%

Bitcoin tumbled as much as 20% Tuesday.

technologyNews reuters.com

Uber to introduce mandatory rest breaks for UK drivers

LONDON (Reuters) - Uber [UBER.UL] said on Tuesday its British drivers will have to take a six-hour break after they have accepted and made trips with passengers totaling 10 hours as the taxi app responds to criticism over excessive working hours.

technologyNews reuters.com

Google to expand cloud infrastructure with new regions, submarine cables

(Reuters) - Alphabet Inc's Google said on Tuesday it would add five regions and build three new submarine cables as it expands its infrastructure for cloud customers.

technologyNews reuters.com

Qatar central bank to consider topic of virtual currencies: governor

DOHA (Reuters) - Qatar's central bank will consider the topic of virtual currencies and there may be an opportunity in the future to introduce them in Qatar, central bank governor Sheikh Abdullah bin Saud al-Thani said on Tuesday.

technologyNews reuters.com

Qatar central bank chief: will consider issue of virtual currencies

DOHA (Reuters) - Qatar's central bank will consider the issue of virtual currencies and there may be opportunity in future to introduce them in Qatar, central bank governor Sheikh Abdullah bin Saud al-Thani said on Tuesday.

businessNews reuters.com

Bitcoin slides 18 percent on crackdown fears; crypto rivals also plunge

LONDON (Reuters) - Bitcoin tumbled 18 percent on Tuesday to a four-week trough close to $11,000, after reports that a ban on trading of cryptocurrencies in South Korea was still an option drove fears grew of a wider regulatory crackdown.

Bitcoin (Currency) nytimes.com

Feature: Beyond the Bitcoin Bubble

Yes, it’s driven by greed — but the mania for digital cash could wind up building something much more important than wealth.

businessNews reuters.com

Bitcoin slides 14 percent on crackdown fears, hits four-week low

LONDON (Reuters) - Bitcoin slid as much as 14 percent on Tuesday to hit a four-week low below $12,000, as fears grew of a regulatory crackdown after reports that South Korea's finance minister had said banning trading in cryptocurrencies was still an option.

companyNews reuters.com

BRIEF-Schoeller-Bleckmann to profit from new U.S. tax rules in 2018 -CEO

Jan 16 (Reuters) - Schoeller Bleckmann Oilfield Equipment Ag tells Reuters in phone interview:

topNews reuters.com

China's economy set to slow to 6.5 percent in 2018 as government turns off cheap money: Reuters poll

BEIJING (Reuters) - China's economy is expected to cool this year as a government-led crackdown on debt risks and factory pollution drag on overall activity, a Reuters poll showed on Tuesday.

technologyNews reuters.com

JD.com widens Southeast Asia presence by investing in Vietnam's Tiki.vn

BEIJING (Reuters) - Chinese online retailer JD.com Inc has made an investment in Vietnamese e-commerce firm Tiki.vn, expanding its Southeast Asia business amid growing competition in the region from Alibaba Group Holding Ltd and Amazon.com Inc.

technologyNews reuters.com

Google says "no changes" to mapping platform in China after report

BEIJING (Reuters) - Alphabet Inc's Google said on Tuesday it has made "no changes" to its mapping platform in China, denying an earlier media report that claimed it was re-launching the function in China, where many of its services are blocked.

sportsNews reuters.com

Tennis: Prize money row rumbling behind scenes at Melbourne Park

MELBOURNE (Reuters) - Six-times Australian Open champion Novak Djokovic is leading calls for players to be given a greater share of the sport's revenues and have their own union independent of the Association of Tennis Professionals (ATP), a report in the Daily Mail said.

technologyNews reuters.com

JD.com, VNG Corp lead investment in Vietnamese e-commerce firm Tiki.vn

BEIJING (Reuters) - Chinese online retail firm JD.com Inc said on Tuesday it has led an investment in Vietnamese e-commerce firm Tiki.vn, expanding its Southeast Asia business amid competition from Alibaba Group Holding Ltd and Amazon.com Inc.

Banking and Financial Institutions nytimes.com

Democrats Add Momentum to G.O.P. Push to Loosen Banking Rules

The Senate is poised to approve significant changes to the post-crisis financial law. Some moderate Democrats are supporting the effort, even as their progressive colleagues warn that it’s too risky.

technologyNews reuters.com

BlackBerry launches cybersecurity software for self-driving cars

(Reuters) - Canadian software maker BlackBerry Ltd on Monday launched a new cybersecurity software, which identifies vulnerabilities in programs used in self-driving cars.

technologyNews reuters.com

Google to relaunch map service in China: Nikkei

(Reuters) - Alphabet Inc's Google will relaunch its map service in China after an eight-year absence, Nikkei reported on Monday.

technologyNews reuters.com

Any rule on Bitcoin must be global, Germany's central bank says

FRANKFURT (Reuters) - Any attempt to regulate cryptocurrencies such as Bitcoin must be on a global scale as national or regional rules would be hard to enforce on a virtual, borderless community, a director at Germany's central bank said on Monday.

companyNews reuters.com

BRIEF-Trigon Closes First Tranche Of Private Placement Financing

* TRIGON CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT FINANCING Source text for Eikon: Further company coverage:

technologyNews reuters.com

Samsung aims to double Africa's share of its revenues in five years

NAIROBI (Reuters) - South Korea's Samsung Electronics plans to double the annual revenue contribution from its African markets to 20 percent of the firm's global total in the next five years, the head of its business on the continent said on Monday.

technologyNews reuters.com

China to block cryptocurrency platforms that allow centralized trading: Bloomberg

BEIJING (Reuters) - Chinese authorities plan to block domestic access to Chinese and offshore cryptocurrency platforms that allow centralized trading, Bloomberg reported Monday citing sources.

technologyNews reuters.com

Xiaomi taps CLSA, Morgan Stanley, Goldman for IPO sponsor role: sources

HONG KONG (Reuters) - Xiaomi has tapped CLSA, Goldman Sachs and Morgan Stanley as joint sponsors for its proposed IPO, people with direct knowledge of the matter said, in what could potentially value the Chinese smartphone maker at up to $100 billion.

technologyNews reuters.com

Ant Financial says has received approval for new consumer-credit backed securities

BEIJING (Reuters) - China's Ant Financial Services Group has received approval to issue consumer credit-backed securities to institutional investors and the securities are currently in the pricing process, the company told Reuters on Monday.

technologyNews reuters.com

Auto1 says no need for IPO after Softbank invests

BERLIN (Reuters) - German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan's Softbank meant it was under no pressure to launch an initial public offering to fund its pan-European growth plans.

companyNews reuters.com

UPDATE 2-Britain's Carillion collapses as banks refuse to lend it any more money

* PM May's government under pressure over fate of Carillion (Adds details)

technologyNews reuters.com

End of a chip boom? Memory chip price drop spooks investors

SEOUL (Reuters) - After a blistering year-and-a-half long surge, a sudden drop in some memory prices, followed by Samsung Electronics Co's disappointing profit estimate, is causing jitters among investors who had bet the chip boom would last at least another year.

Abbas, Mahmoud nytimes.com

Abbas Calls Oslo Accords Dead and Blasts U.S.: ‘Damn Your Money!’

The Palestinian Authority leader assailed the Trump administration over its handling of the Israeli-Palestinian conflict, vowing to reject American leadership of any peace talks.

technologyNews reuters.com

South Korea says planned ban on cryptocurrency market not yet finalized

SEOUL (Reuters) - South Korea said on Monday that its plans to ban virtual coin exchanges had not yet been finalized as government agencies were still in talks to decide how to regulate the market.

technologyNews reuters.com

Jaguar Land Rover to open R&D center for automated tech in Ireland

LONDON (Reuters) - Britain's biggest carmaker Jaguar Land Rover said on Monday it would open a software engineering center in Ireland, creating 150 jobs to work on advanced automated driving and electrification technologies.

technologyNews reuters.com

Softbank plans $18 billion IPO of mobile phone unit as soon as spring: Nikkei

TOKYO (Reuters) - SoftBank Group Corp plans to list its core mobile-phone unit in Tokyo and overseas as early as this spring, raising some 2 trillion yen ($18 billion) in one of Japan's biggest initial public offerings, the Nikkei newspaper said on Monday.

technologyNews reuters.com

French telcos to spend $3.7 billion to plug network gaps

PARIS (Reuters) - France's mobile telephone operators will spend more than 3 billion euros ($3.7 billion) rolling out a 4G network to ensure there are no coverage gaps by 2020, a government minister said.

cnn.com

Trump owes us money

Donald Trump owes each and every American money. And I don't mean the trickle-down economics kind that supposedly accompanies tax cuts to the one percent. I'm talking a check to every man, women and child for $3,239 per week until his presidency ends.

technologyNews reuters.com

Softbank invests 460 million euros in Germany's Auto1: sources

BERLIN (Reuters) - Japan's Softbank will invest 460 million euros ($561 million) in used-car dealing platform Auto1, marking the first investment in Germany by its Vision Fund, according to sources familiar with the matter.

technologyNews reuters.com

U.S. transport chief to unveil revised self-driving car guidelines

DETROIT (Reuters) - The Trump administration plans to unveil revised self-driving car guidelines this summer as the government works to rewrite regulations that pose legal barriers to robot vehicles, U.S. Transportation Secretary Elaine Chao said on Sunday.

technologyNews reuters.com

Saudi Electricity signs deal with Japanese firms for first EV pilot

KHOBAR, Saudi Arabia (Reuters) - State-controlled Saudi Electricity Co (SEC) has signed a deal with Japanese Tokyo Electric Power Co (TEPCO), Nissan Motor Co and Takaoka Toko for the first electric vehicle (EV) pilot project in the world's largest oil exporter, it said on Sunday.

technologyNews reuters.com

French telcos commit three billion euros to cover network black spots: report

PARIS (Reuters) - France's mobile telephone operators will spend more than 3 billion euros ($3.7 billion) rolling out a 4G network in black spots across the country to ensure there are no coverage gaps by 2020, according to a government minister.

Models (Professional) nytimes.com

Condé Nast Crafts Rules to Protect Models From Harassment

The publishing giant, which is creating a code of conduct for photo shoots, reflecting a new reality in the fashion industry.

Personal Finances nytimes.com

Your Money Adviser: Pay Down Those Credit Cards, Before Rates Rise Further

With the holidays behind us, now is the moment to wipe out balances — before interest rates continue their climb.

technologyNews reuters.com

Exclusive: Current and former Uber security staffers cast doubt on spying claims

SAN FRANCISCO (Reuters) - The former security chief of Uber Technologies Inc. [UBER.UL] swore in a closed legal proceeding that he knew of no attempts to steal trade secrets from anyone, including Alphabet Inc's self-driving unit Waymo, and would be "shocked" if that had occurred.

technologyNews reuters.com

Ex-mobile phone industry executive gets five years for text message scam

NEW YORK (Reuters) - A former mobile phone industry executive was sentenced to five years in prison on Friday after he was found guilty of defrauding cellphone customers by charging them millions of dollars for unwanted text messages.

Home Equity Loans nytimes.com

Your Money: With a Tax Deduction Gone, Is Home Equity a Smart Way to Pay for College?

The new tax law removes the ability to deduct interest paid on home equity loans. Will schools ask less of families, and should parents even use the loans to pay for school?

Clifford, Stephanie nytimes.com

Porn Star Who Claimed Sexual Encounter With Trump Received Hush Money, Wall Street Journal Reports

The $130,000 payment was reportedly made a month before the election. Mr. Trump “vehemently denies” the encounter happened, his lawyer told The Journal.

companyNews reuters.com

RPT-MoneyGram opens office in Brussels

Jan 12 (Reuters) - The U.S. money-transfer company MoneyGram International Inc confirmed on Friday that it had opened an office in Brussels and National Bank of Belgium had granted it license as a payment provider.

businessNews reuters.com

MoneyGram opens office in Brussels

(Reuters) - The U.S. money-transfer company MoneyGram International Inc confirmed on Friday that it had opened an office in Brussels and National Bank of Belgium had granted it license as a payment provider.

companyNews reuters.com

Fields of Gold? Jana seeks new money, allies with impact hedge fund

BOSTON, Jan 12 (Reuters) - Wall Street investor Barry Rosenstein's new impact investing fund aimed at serving environmental and social causes could, if he plays his cards right, enhance his traditional business of pushing companies to boost earnings.

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BlackRock CEO Fink shows no signs of entering bitcoin ETF race

NEW YORK, Jan 12 (Reuters) - BlackRock Inc has profited by being beating its competitors in exchange-traded funds to the punch, but Chief Executive Officer Larry Fink seems happy to be out of step with at least one trend - the race to build a bitcoin fund.

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Google removes gaming apps with pop-up porn malware

(Reuters) - Alphabet Inc's Google said on Friday it took down 60 gaming applications after security firm Check Point said it had discovered new malicious software in the apps available to both children and adults at Google Play Store.

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Facebook changes News Feed; investors click on 'sad'

(Reuters) - Shares of Facebook Inc fell more than 4 percent on Friday and were on track for their worst session in more than three months after Chief Executive Mark Zuckerberg announced changes that he said would hit user engagement in the near term.

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Researchers find pop-up porn malware on Google game apps

BERLIN (Reuters) - Security firm Check Point on Friday said it had discovered new malicious software on 60 gaming apps available to both children and adults at Google Play Store that displayed pornographic ads and tried to trick users into buying premium services.

healthNews reuters.com

Zambia arrests 55 in riots over cholera control rules

LUSAKA (Reuters) - Police in Zambia arrested 55 people in Lusaka after residents rioted over a curfew and ban on street vending imposed to control a cholera outbreak, the government said on Friday.

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After rejecting Uber, London renews Addison Lee's license

LONDON (Reuters) - London has renewed premium car service Addison Lee's license to operate in the capital for the next five years, less than four months after Uber [UBER.UL] was stripped of its license.

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With new Chinese link, Nepal ends India's internet monopoly

KATHMANDU (Reuters) - Nepal has joined hands with China to offer internet services to its citizens, officials said on Friday, ending India's decades-long monopoly of the Himalayan nation's cyber connectivity network.

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Turkey reinstates 1,823 civil servants linked to app used by coup plotters: Anadolu

ANKARA (Reuters) - Turkey on Friday reinstated more than 1,800 civil servants purged after a 2016 failed coup, determining they had no links to the network of a cleric accused of masterminding the putsch, state-run Anadolu news agency said.

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France to vet takeovers of firms in data and artificial intelligence

PARIS (Reuters) - The French government aims to broaden its powers to block foreign takeovers of French companies deemed as strategic, to also include firms involved in data protection and artificial intelligence ('AI'), the finance minister said on Friday.

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Uproar over crackdown on cryptocurrencies divides South Korea

SEOUL (Reuters) - With a tech-savvy population quick to adopt the latest gadgets and a young generation facing dim prospects in the conventional workplace, South Korea has been a fertile ground for virtual currencies.

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China's blockchain fever gets hotter even as regulator queries price surge

SHANGHAI (Reuters) - China's blockchain-related companies extended their bullish run on Friday, as punters brushed aside concerns raised by regulators about the rationality of stock price surges this week.

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Zambia slum residents riot over rules to curb cholera outbreak

LUSAKA (Reuters) - Residents in a slum in Zambia's capital are rioting over a ban on street vending that was imposed to control a cholera outbreak, the government said on Friday.

businessNews reuters.com

Chinese bitcoin miners eye sites in energy-rich Canada

MONTREAL/SHANGHAI (Reuters) - China's Bitmain Technologies is eyeing bitcoin mining sites in Quebec, a company spokesman told Reuters, as expectations of a potential Chinese crackdown on cryptocurrency mining make the energy-rich Canadian province an attractive alternative.

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Facebook to emphasize friends, not news, in series of changes

SAN FRANCISCO/LONDON (Reuters) - Facebook Inc on Thursday began to change the way it filters posts and videos on its centerpiece News Feed, the start of what Chief Executive Mark Zuckerberg said would be a series of changes in the design of the world's largest social network.

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Intel says patches can cause reboot problems in old chips

(Reuters) - Intel Corp on Thursday said that recently-issued patches for flaws in its chips could cause computers using its older Broadwell and Haswell processors to reboot more often than normal and that Intel may need to issue updates to fix the buggy patches.

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Explainer: How chip flaws Spectre, Meltdown work and what's next

LAS VEGAS (Reuters) - Smartphones, PCs and servers across the world have received software updates in recent days to plug security gaps on computer chips that cyber security researchers have described as the most serious threat in years.

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Intel asks some customers to delay security updates: WSJ

(Reuters) - Intel Corp is asking some of it customers to hold off installing patches that address new security flaws that affect nearly all of its processors as the patches have bugs of their own, The Wall Street Journal reported on Thursday.

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IBM names James Kavanaugh as CFO, replacing Schroeter

(Reuters) - International Business Machines Corp said on Thursday Chief Financial Officer Martin Schroeter will move to a new role and will be replaced by company veteran James Kavanaugh, effective Jan. 11.

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SS&C boosts banking software heft with $5.4 billion DST deal

(Reuters) - SS&C Technologies Holdings Inc said on Thursday it would buy DST Systems Inc in a $5.4 billion deal, expanding its financial technology software prowess through its largest deal to date.

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Mexican authorities probe hack of export bank: official

MEXICO CITY (Reuters) - Mexico's attorney general's office is investigating an attempt to hack and rob Bancomext, the government-run export bank, an official said on Thursday.

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AMD chips exposed to both variants of Spectre security flaw

(Reuters) - Advanced Micro Devices Inc said on Thursday its microprocessors are susceptible to both variants of the Spectre security flaw.

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IBM names James Kavanaugh as new CFO

(Reuters) - International Business Machines Corp said on Thursday Martin Schroeter will step down as chief financial officer and will be replaced by James Kavanaugh, effective Jan. 11.

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Dropbox files confidentially for U.S. IPO: source

(Reuters) - Data-sharing business Dropbox Inc has filed confidentially for a U.S. initial public offering, a source close to the matter said on Thursday.

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MoneyGram shares jump on partnership with bitcoin rival Ripple

(Reuters) - Shares of MoneyGram International Inc jumped 10.5 percent on Thursday, after the money-transfer company said it partnered with blockchain firm and bitcoin-rival Ripple.

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Signal partners with Microsoft to encrypt Skype messages

(Reuters) - Encrypted messaging app Signal said it had partnered with Microsoft Corp to encrypt messages on the technology giant's online communications service, Skype.

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U.S. Marshals to hold auction of seized bitcoin on Jan. 22

NEW YORK (Reuters) - The U.S. government will hold an auction of about 3,813 bitcoins that were seized in federal criminal, civil and administrative cases, the U.S. Marshals Service said on Thursday.

technologyNews reuters.com

JPMorgan, Goldman to lead Dropbox in U.S. IPO: Bloomberg

(Reuters) - Data-sharing business Dropbox Inc has filed confidentially for a U.S. initial public offering led by Goldman Sachs Group Inc and JPMorgan Chase & Co , Bloomberg reported, citing people familiar with the matter.

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IBM to reassign 30 percent of Global Services staff in 2018: The Register

(Reuters) - International Business Machines Corp plans to reassign up to 30 percent of the 103,000 staff in its computer service delivery business this year with job cuts through attrition of around 10,000, technology website The Register reported on Thursday, citing unnamed company insiders.

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IBM to reassign 30 pct of Global Services staff in 2018: The Register

LONDON (Reuters) - International Business Machines Corp plans to reassign up to 30 percent of staff in its 103,000 computer service delivery business this year with job cuts through attrition of around 10,000, technology website The Register reported on Thursday, citing unnamed company insiders.

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MoneyGram shares jump on partnership with bitcoin-rival Ripple

(Reuters) - Shares of MoneyGram International Inc jumped 10.5 percent on Thursday, after the money-transfer company said it partnered with blockchain firm and bitcoin-rival Ripple.

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Chinese firms say blockchain work at early stage, after shares surge

HONG KONG (Reuters) - Several Chinese companies, including Easysight Supply Chain and Shenzhen Kingdom Sci-Tech, said on Thursday their investments in blockchain technology were still at an early stage, following steep gains in their share prices.

worldNews reuters.com

Turkey's top court rules that two jailed journalists be released: CNN Turk

ANKARA (Reuters) - Turkey's Constitutional Court ruled on Thursday that jailed journalists Mehmet Altan and Sahin Alpay be released, saying their rights have been violated, broadcaster CNN Turk reported.

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Lockheed enhances capability of its Aegis missile-defense system

(Reuters) - Lockheed Martin Corp said on Thursday it had connected key components of its new long-range discrimination radar (LRDR) with its Aegis Ashore missile-defense system to enhance Aegis's capabilities.

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Bonds bounce, stocks struggle, Bitcoin battered

LONDON (Reuters) - Worries about a U.S.-led trade war put world stocks at risk of their first two day loss of the year on Thursday, while bond markets bounced as China poured cold water on reports that it might stop buying U.S. debt.

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GLOBAL MARKETS-Bonds bounce, stocks struggle, Bitcoin battered

* Benchmark bond markets bounce as China cools U.S. debt talk

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Clariant says respected publicity rules in Huntsman deal

ZURICH, Jan 11 (Reuters) - Swiss specialty chemicals maker Clariant said it believed it had upheld all requirements in announcing a planned Huntsman merger last May after Switzerland's exchange said it was investigating the matter.

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French NGOs file complaint against Samsung Electronics over deceptive marketing

PARIS (Reuters) - Two French rights groups said on Thursday they had filed a complaint against South Korean tech giant Samsung Electronics Co Ltd over alleged deceptive marketing practices.

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Asian shares weaken on trade worries, bonds recover as China rebuts report, Bitcoin slumps

TOKYO (Reuters) - The New Year rally in Asian shares petered out on Thursday due to concerns about rising U.S. protectionism, while bonds rebounded after China's regulator called a report about Beijing slowing or halting of its U.S. bond buying possibly wrong.

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GLOBAL MARKETS-Asian shares weaken on trade worries, bonds recover as China rebuts report, Bitcoin slumps

* Bitcoin skids as S Korea prepares bill to ban cryptocurrency trade

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Bitcoin skids on news S.Korea prepares to ban cryptocurrency trade

TOKYO, Jan 11 (Reuters) - Bitcoin skidded on Thursday, after South Korea's justice minister said a bill to ban cryptocurrency trade was being prepared.

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South Korea's major cryptocurrency exchanges raided by police, tax authorities

SEOUL (Reuters) - South Korea's largest cryptocurrency exchanges were raided by police and tax agencies this week for alleged tax evasion, people familiar with the investigation said on Thursday.

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Senate panel to discuss bitcoin with markets regulators: source

WASHINGTON (Reuters) - The U.S. Senate's financial services panel will hold a hearing next month with the country's top markets regulators to discuss bitcoin amid rising concerns over the risks cryptocurrencies pose to the financial system, a person with direct knowledge of the matter told Reuters.

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UPDATE 1-U.S. Senate panel to discuss bitcoin with markets regulators -source

WASHINGTON, Jan 10 (Reuters) - The U.S. Senate's financial services panel will hold a hearing next month with the country's top markets regulators to discuss bitcoin amid rising concerns over the risks cryptocurrencies pose to the financial system, a person with direct knowledge of the matter told Reuters.

Movies nytimes.com

Purge of Kevin Spacey Gives ‘All the Money in the World’ a Pay Problem

Mark Wahlberg received $1.5 million for reshoots of the kidnapping drama after it cut out the disgraced Spacey. Michelle Williams got just a small per diem.

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South Korea's major cryptocurreny exchanges raided by police, tax authorities

SEOUL (Reuters) - South Korea's largest cryptocurrency exchanges were raided by police and tax agencies this week for alleged tax evasion, people familiar with the investigation said on Thursday.

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Senate to discuss bitcoin risks with top markets regulators: source

WASHINGTON (Reuters) - The U.S. Senate will next month hold a hearing with the country's top markets regulators to discuss the risks posed by cryptocurrencies such as bitcoin, a person with direct knowledge of the matter told Reuters.

technologyNews reuters.com

Brief power outage darkens CES tech, electronics show

LAS VEGAS (Reuters) - The digital economy's big annual trade show, CES, suffered a brief, disruptive plunge into darkness on Wednesday because of a power outage the show's organizers blamed on a glitch caused by heavy rains the day before in usually sunny Nevada.

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Nvidia updates software, says graphic chips not hit by flaws

(Reuters) - Nvidia Corp is updating the software for its graphics processors in response to the Spectre security threat, but its chief executive said on Wednesday its chips were not subject to the same risks as those from Intel and other companies.

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Canadian regulator signals faster adoption of Basel rules

TORONTO, Jan 10 (Reuters) - Canadian banks could adopt new global capital rules more quickly than international rivals, one of the country's senior financial regulators said on Wednesday, with measures set to be introduced later this year bringing them closer to the new requirements.

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Ohio man indicted for using 'Fruitfly' malware to spy on Americans

WASHINGTON (Reuters) - An Ohio man was charged in a 16-count indictment on Wednesday for allegedly using malware known as "Fruitfly" to surreptitiously record people by secretly taking over their computer cameras and microphones, the U.S. Justice Department said.

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Nvidia patches software driver, says GPUs not hit by chip flaws

(Reuters) - Nvidia Corp is having to adapt the software its graphics chips use to connect to other computers in response to the Spectre security threat, but its chief executive declared on Wednesday that its core products were not subject to the same risks as microprocessor makers such as Intel.

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Chinese bitcoin mining giant sets up Swiss subsidiary

ZURICH (Reuters) - Chinese bitcoin mining giant Bitmain Technologies is expanding to Switzerland in a move that will be key to widening its reach, the group told a Swiss newspaper.

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Nvidia patch release adds to scope of Spectre worries

(Reuters) - Graphics specialist Nvidia Corp was the latest chipmaker to say its equipment was vulnerable to the Spectre security threat, broadening the scope of concern for millions of computers beyond their central processors.

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Buffett says he will never invest in cryptocurrencies

(Reuters) - Berkshire Hathaway's Warren Buffett said on Wednesday he will never invest in cryptocurrencies.

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Nvidia releases software patches for Spectre flaw

(Reuters) - Nvidia Corp became the latest chipmaker to release software patches for the Spectre microchip security threat, indicating that the chipset flaw was affecting graphic processors as well as CPUs.

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Finnish police starts investigations over forest company hacking

HELSINKI (Reuters) - Finland's National Bureau of Investigation (NBI) said on Wednesday it would start investigations on a suspected data breach at Metsa Group, one of the Nordic country's largest forest companies.

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Cloud companies consider Intel rivals after security flaws found

SAN FRANCISCO (Reuters) - Some of Intel Corp's data center customers, whose thousands of computers run cloud networks, are exploring using microchips from the market leader's rivals to build new infrastructure after the discovery of security flaws affecting most chips.

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Britain fines Carphone Warehouse 400,000 pounds over data breach

LONDON (Reuters) - Britain's information regulator said on Wednesday it had fined Carphone Warehouse 400,000 pounds ($539,400) after a 2015 cyber attack exposed the personal data of more than 3 million customers.

technologyNews reuters.com

Lenovo to make $400 million one-off charge on U.S. tax reforms

HONG KONG (Reuters) - Lenovo Group Ltd said on Wednesday it expected to make a one-off charge of $400 million for nine months ended in December due to a reassessment of U.S. deferred tax assets.

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Lenovo to make $400 million one-off charge on US tax reforms

HONG KONG (Reuters) - Lenovo Group Ltd said on Wednesday it expected to make a one-off charge of $400 million for nine months ended in December due to a reassessment of U.S. deferred tax assets.

healthNews reuters.com

Florida judge blocks abortion delay law, rules it unconstitutional

(Reuters) - A Florida judge on Tuesday permanently blocked and declared unconstitutional a law requiring a woman to delay an abortion by at least 24 hours after making a visit to a doctor who would have to inform her of possible risks of the procedure.

businessNews reuters.com

Road to bitcoin ETF paved with red tape

NEW YORK (Reuters) - The going is getting tough for U.S. companies hoping to win the race to bring a bitcoin exchange-traded fund to market.

companyNews reuters.com

UPDATE 2-Canada to introduce new stricter bank capital rules

* Transition to new rules to finish in Q4, 2018 (Adds comment from Scotiabank CEO, investor, shares)

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UPDATE 1-Canada to introduce new stricter bank capital rules

TORONTO, Jan 9 (Reuters) - Canada's banking regulator said on Tuesday it would introduce new capital rules stricter than those proposed by global regulators to ensure banks can withstand financial shocks.

politicsNews reuters.com

Senator Warren says U.S. needs to 'rethink' money laundering laws

WASHINGTON (Reuters) - Democratic Senator Elizabeth Warren said on Tuesday the United States needed to review outdated laws for combating money laundering which are creating an undue compliance burden for small and community banks.

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Ford taps Postmates for edge in self-driving delivery race

Las Vegas (Reuters) - Ford Motor Co on Tuesday said it will partner with delivery service Postmates Inc as the automaker starts testing ways to transport people, food and packages using its self-driving cars in a U.S. city during the first quarter.

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Microsoft halts some AMD chip Spectre patches after PCs freeze

FRANKFURT (Reuters) - Microsoft Corp said on Tuesday it had suspended patches to guard against Meltdown and Spectre security threats for some computers running AMD chipsets after complaints by AMD customers that the software updates froze their machines.

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BRIEF-Golden Matrix Group Officially Enters The Bitcoin Market

* GOLDEN MATRIX GROUP, INC. OFFICIALLY ENTERS THE BITCOIN MARKET Source text for Eikon: Further company coverage:

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T-Mobile adds over 5 million customers in 2017

(Reuters) - T-Mobile US Inc said on Tuesday it added more than 5 million net customers in 2017, the fourth straight year it has achieved these figures.

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Apple store in Zurich evacuated as phone battery overheats

ZURICH (Reuters) - An overheated iPhone battery injured a repairman in an Apple store in Zurich and prompted the evacuation of around 50 people from the shop on Tuesday due to smoke, Swiss police said.

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GoPro shares slip again as analysts warn of market saturation

(Reuters) - Shares of GoPro Inc fell again on Tuesday after analysts warned that its products face increasing market saturation, a day after the action-camera maker said it was open to a sale but was not actively pursuing one.

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JPMorgan's Dimon regrets calling bitcoin a 'fraud': Fox

(Reuters) - JPMorgan Chief Executive Jamie Dimon regrets calling bitcoin a 'fraud' but added that he still is not interested in the cryptocurrency at all, he said in an interview on Fox Business on Tuesday.

companyNews reuters.com

BRIEF-JPMorgan's Dimon Regrets Saying Bitcoin Is A 'Fraud' - Fox‍​

* JPMORGAN CHASE CEO JAMIE DIMON REGRETS SAYING BITCOIN IS A 'FRAUD,' BUT STILL ISN'T INTERESTED IN IT - FOX‍​ Source text for Eikon: [ID:http://fxn.ws/2CVFdKk] Further company coverage:

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Samsung profit guidance disappoints, memory outlook cloudy

SEOUL (Reuters) - Samsung Electronics Co Ltd said it would likely rake in a record fourth-quarter profit but the guidance fell short of consensus estimate, spooking investors already worried that a memory chip boom could be ending sooner rather than later.

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Huawei's global ambitions hit by AT&T phone distribution deal's collapse

HONG KONG (Reuters) - Huawei Technologies Co Ltd's [HWT.UL] planned deal with U.S. carrier AT&T Inc to sell its smartphones in the United States has collapsed at the eleventh hour, people with knowledge of the matter said, in a blow to the Chinese firm's global ambitions.

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Philippine SEC warns investors: Be cautious with initial coin offerings

MANILA (Reuters) - The Philippines' Securities and Exchange Commission on Tuesday warned investors to exercise caution when invited to participate in initial coin offerings (ICOs) involving cryptocurrencies.

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China's Huawei hit by last minute collapse of AT&T phone distribution deal

HONG KONG (Reuters) - A deal under which U.S. carrier AT&T Inc was to have sold smartphones made by Huawei Technologies Co Ltd [HWT.UL] has collapsed at the eleventh hour, people with knowledge of the matter said, in a major setback for the Chinese firm's global ambitions.

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Alibaba will 'seriously consider' Hong Kong listing, says founder Ma

SHANGHAI/HONG KONG (Reuters) - Alibaba Group Holding Ltd will "seriously consider" listing in Hong Kong, founder Jack Ma said, potentially providing a powerful boost to the financial hub which is preparing to allow dual-class share listings.

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China's Didi Chuxing to launch bike-sharing platform and brand

SHANGHAI (Reuters) - Chinese ride-hailing application Didi Chuxing plans to launch a bike-sharing platform within its app that will host partner firms such as Ofo as well as its own bike-sharing brand, the company said on Tuesday.

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Intel to form new cybersecurity group amid chip flaw: report

(Reuters) - Intel Corp will create a new internal cybersecurity group in the wake of recently disclosed flaws in its microchips, the Oregonian newspaper reported on Monday, citing a memo sent to company employees.

businessNews reuters.com

Fund managers say bitcoin ETF proposals withdrawn due to SEC concern

NEW YORK (Reuters) - Two U.S. companies shelved proposals to launch bitcoin exchange-traded funds, citing ongoing concerns by the Securities and Exchange Commission (SEC), filings showed on Monday.

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Facebook's Oculus to partner with Xiaomi to build VR headsets

(Reuters) - Facebook Inc's Oculus said on Monday it is partnering with Chinese phone maker Xiaomi Technology Co to make its new standalone virtual reality headset and also revealed that it will launch a version of the product exclusively for the Chinese market.

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Europe's Altice to spin off U.S. operation, simplify business

(Reuters) - Telecoms and cable group Altice NV , which is trying to reassure investors by cutting debt and shoring up business in Europe, said on Monday its board has approved plans to spin-off its U.S. unit from its European operation.

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Google teams with Sony, Lenovo for smart speakers with touchscreens

LAS VEGAS (Reuters) - Alphabet Inc's Google said on Monday its voice-controlled virtual assistant will show up this year in new tablet-like devices designed by LG Electronics Inc and Sony Corp as the technology company seeks to challenge Amazon.com Inc's dominance in a fledgling market.

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U.S. regulators meet with California on fate of vehicle fuel rules

WASHINGTON, Jan 8 (Reuters) - Senior U.S. government officials held talks in recent weeks with California's Air Resources Board (CARB) to discuss the goal of maintaining one set of national requirements for automakers, a move that will determine the fate of vehicle emissions rules.