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Alphabet posts revenue above expectations, shares rise

Reuters - Mon, 02/01/2016 - 21:17
(Reuters) - Google parent Alphabet Inc reported better-than-expected quarterly revenue on Monday, boosted by strong sales of advertising on mobile devices and YouTube.

EU, U.S. fail to strike data transfer pact deal by deadline

Reuters - Mon, 02/01/2016 - 20:48
BRUSSELS (Reuters) - European and U.S. negotiators missed a deadline to agree a key data transfer pact, the European Union's executive said, with talks snagged over a new oversight role and options for European citizens to seek redress over data privacy violations.

Yahoo to cut 15 percent jobs, close several units: WSJ

Reuters - Mon, 02/01/2016 - 19:12
(Reuters) - Yahoo Inc Chief Executive Marissa Mayer is set to reveal cost-cutting plans that include slashing 15 percent of its workforce, or roughly 1,600 jobs, and closing several business units, the Wall Street Journal reported on Monday.

White House welcomes Facebook move to block private gun sales

Reuters - Mon, 02/01/2016 - 18:13
WASHINGTON (Reuters) - The Obama administration on Monday welcomed Facebook Inc's move last week to prohibit users from using its services to coordinate person-to-person private sales of firearms.

Alphabet to give first peek at cost of 'moonshot' bets

Reuters - Mon, 02/01/2016 - 17:09
(Reuters) - How much is Google-parent Alphabet Inc spending on "moonshots" – self-driving cars, glucose-monitoring contact lenses, Internet balloons and other ambitious projects?

Microsoft's secret weapon for growth in the cloud: email

Reuters - Mon, 02/01/2016 - 16:50
SAN FRANCISCO (Reuters) - In reporting better-than-expected fiscal second-quarter earnings on Thursday, Microsoft Corp. CEO Satya Nadella touted his company's success in the cloud.

Driverless shuttle bus to take to Dutch public roads

Reuters - Mon, 02/01/2016 - 16:41
(This Jan. 28 story has been corrected to remove reference to world first)

Nokia patent sales forecast from Samsung deal hits shares

Reuters - Mon, 02/01/2016 - 10:09
HELSINKI (Reuters) - Nokia said it had settled a lengthy patent dispute with South Korea's Samsung on Monday, but investors were disappointed by the financial terms of the deal.

Nokia settles patent dispute with Samsung

Reuters - Mon, 02/01/2016 - 06:20
HELSINKI (Reuters) - Finland's Nokia on Monday settled its patent dispute with Korea's Samsung, saying the arbitration verdict will boost its patent sales by hundreds of millions of euros.

Thai junta pressures Facebook, Line to censor online posts

Reuters - Sun, 01/31/2016 - 13:51
BANGKOK (Reuters) - Thailand's military government will try to persuade media companies Facebook and Line to comply with court orders to remove content it considers harmful to peace and order, a senior official said Sunday.

Labour asks British government to explain basis of Google tax deal

Reuters - Sat, 01/30/2016 - 22:02
LONDON (Reuters) - Britain's opposition Labour party demanded on Sunday that the finance ministry explain how it arrived at a back tax payment by Internet giant Google that has put the government on the back foot.

Nokia-Samsung patent verdict expected within days

Reuters - Sat, 01/30/2016 - 13:37
HELSINKI (Reuters) - Nokia and Samsung are expected to settle their two-year patent dispute within days, with analysts forecasting a one-time payment of hundreds of millions of euros for the Finnish company.

Facebook to prohibit private firearm transactions on its service

Reuters - Sat, 01/30/2016 - 09:54
WASHINGTON (Reuters) - Facebook Inc prohibited global users from coordinating person-to-person private sales of firearms on its online social network and its Instagram photo-sharing service on Friday, countering concerns that it was increasingly being used to circumvent background checks on gun purchases.

Amazon shares plunge as record profit still misses estimates

Reuters - Fri, 01/29/2016 - 21:50
(Reuters) - Inc posted its most profitable quarter ever on Thursday but the world's No. 1 online retailer still managed to disappoint Wall Street by badly missing estimates, sending its shares down more than 13 percent in after-hours trading.

Xerox to split into two companies, Icahn to get board seats on one

Reuters - Fri, 01/29/2016 - 20:54
(Reuters) - Xerox Corp will split into two companies, one holding its legacy printer operations and the other its business process outsourcing unit, it said on Friday, in a bid to be more nimble after years of trying to integrate the businesses.

Apple building secret team to work on virtual reality: FT

Reuters - Fri, 01/29/2016 - 18:32
(Reuters) - Apple Inc has assembled a large team of experts in virtual and augmented reality and built prototypes of headsets that could one day rival Facebook's Oculus Rift or Microsoft's Hololens, the Financial Times reported.

Blackshades malware co-creator gets five years of probation

Reuters - Fri, 01/29/2016 - 18:20
NEW YORK (Reuters) - An Arizona man who co-created software distributed by an organization called Blackshades that was used to hack into a million computers worldwide was sentenced on Friday to five years of probation.

EU, U.S. officials tackle last hurdles in data pact talks ahead of key deadline

Reuters - Fri, 01/29/2016 - 18:17
BRUSSELS (Reuters) - European and U.S. officials are rushing to finalize a key data transfer pact days before a meeting of EU regulators who are poised to start restricting transatlantic flows of personal data used by firms in the billion dollar online advertising industry.

HSBC says internet banking services down after cyber attack

Reuters - Fri, 01/29/2016 - 17:02
LONDON (Reuters) - HSBC is working with law enforcement to catch those behind a cyber attack that forced its personal banking websites in the UK to shutdown, its second major service outage this month, the bank said on Friday.

BlackBerry wins approval to expand share buyback program

Reuters - Fri, 01/29/2016 - 15:59
TORONTO (Reuters) - BlackBerry Ltd has received approval from the Toronto Stock Exchange to more than double its existing share buyback program and repurchase up to 5.8 percent of its public float, the smartphone maker said on Friday.
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