Innovation and Intellectual Property

Short of IT workers at home, Israeli startups recruit elsewhere

Short of IT workers at home, Israeli startups recruit elsewhere

Published 26/06/2017

FILE PHOTO: Employees work at website-designer firm Wix.com offices in Tel Aviv, Israel July 4, 2016. REUTERS/Baz Ratner/File Photo

When Alexey Chalimov founded software design firm Eastern Peak in Israel four years ago he knew he would not find the developers he needed at home.

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China, Canada vow not to conduct cyberattacks on private sector

China, Canada vow not to conduct cyberattacks on private sector

Published 26/06/2017

China and Canada have signed an agreement vowing not to conduct state-sponsored cyberattacks against each other aimed at stealing trade secrets or other confidential business information.

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Even with Whole Foods, Amazon would need many more warehouses to reshape grocery delivery

Even with Whole Foods, Amazon would need many more warehouses to reshape grocery delivery

Published 24/06/2017

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol

If Amazon.com Inc (AMZN.O) hopes to revolutionize grocery delivery, then its bid to buy Whole Foods Market Inc (WFM.O) for $13.7 billion will be just the start of a long and costly process.

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Low U.S. inflation? It`s your phone: BlackRock bond manager

Low U.S. inflation? It`s your phone: BlackRock bond manager

Published 21/06/2017

A man stands in the middle of Grand Central Terminal as he speaks on a cell phone, in New York, September 25, 2013. REUTERS/Zoran Milich

Americans' love of their smartphones and apps may be contributing to the sluggish pace of inflation that is worrying Wall Street and the Federal Reserve, a top bond manager at BlackRock, the world's biggest asset manager, said on Wednesday.

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Thomson Reuters makes its market data blockchain-friendly

Thomson Reuters makes its market data blockchain-friendly

Published 14/06/2017

The logo of Thomson Reuters is pictured at the entrance of its Paris headquarters, France, March 7, 2016. REUTERS/Charles Platiau/File Photo

Thomson Reuters Corp plans to release a tool on Wednesday that will allow customers to plug its market data into systems that run on the digital ledger technology known as blockchain.

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Japan govt-led bid for Toshiba chip unit to include SK Hynix: sources

Japan govt-led bid for Toshiba chip unit to include SK Hynix: sources

Published 14/06/2017

Employee walk past the logo of SK Hynix at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji

A Japanese government-led consortium bidding for Toshiba Corp's chip business will include South Korean chipmaker SK Hynix Inc, sources familiar with the matter said – a move likely to add firepower to the group's bid in the hotly contested auction.

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Western Digital to raise Toshiba chip offer in last-ditch bid: source

Western Digital to raise Toshiba chip offer in last-ditch bid: source

Published 10/06/2017

FILE PHOTO: A Western Digital office building is shown in Irvine, California, U.S., January 24, 2017. REUTERS/Mike Blake/File Photo

Western Digital Corp (WDC.O) plans to raise its offer for Toshiba Corp's (6502.T) prized semiconductor unit to $18 billion or more, a person familiar with the matter said, in a last-ditch effort to clinch a deal both companies consider vital.

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Toshiba unconvinced by Western Digital`s last-ditch chip bid

Toshiba unconvinced by Western Digital`s last-ditch chip bid

Published 09/06/2017

The logo of Toshiba Corp is seen behind cherry blossoms at the company's headquarters in Tokyo, Japan April 11, 2017. REUTERS/Toru Hanai

Toshiba Corp (6502.T) said on Friday it was not convinced by Western Digital Corp (WDC.O) CEO Steve Milligan's effort to win its backing for the U.S. tech firm's revised bid for the Japanese conglomerate's highly prized chip unit.

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In major breakthrough, tiny Utah firm regenerates skin, hair in pigs

In major breakthrough, tiny Utah firm regenerates skin, hair in pigs

Published 08/06/2017

A small U.S. biotech has successfully regenerated skin and stimulated hair growth in pigs with burns and abrasions, paving the way for a scientific breakthrough that could lead to the regeneration of fully functional human skin.

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Amazon lent $1 billion to merchants to boost sales on its marketplace

Amazon lent $1 billion to merchants to boost sales on its marketplace

Published 08/06/2017

FILE PHOTO: An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S., May 21, 2016. REUTERS/Lucy Nicholson/File Photo

Amazon.com Inc has stepped up lending to third-party sellers on its site who are looking to grow their business, a company executive said in an interview on Wednesday.

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