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#Information Technologies / Computer Sciences

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‘UFO’ in Congo jungle turns out to be internet balloon

GOMA, Democratic Republic of Congo (Reuters) – An unidentified flying object parachuted into dense Congo jungle to the confusion of local authorities, who detained two people for questioning until a subsidiary of Google parent company Alphabet confirmed the de... More »

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Saudi information security firm Elm to acquire Tabadul

DUBAI (Reuters) – Saudi information security company Elm is to acquire digital services company Tabadul from Saudi Arabia’s sovereign wealth fund, Elm said in a statement on Sunday. The Public Investment Fund (PIF) also owns Elm and was considering an initial ... More »

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Venture firm 83North raises $300 million for new tech fund

LONDON (Reuters) – London-based venture capital firm 83North said on Monday it had raised $300 million for a new fund targeting European and Israeli consumer and enterprise technology firms. 83North, former backer of food delivery company Just Eat and Swedish ... More »

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U.S.-based engineers’ body lifts curbs on Huawei employees

SHANGHAI (Reuters) – The Institute of Electrical and Electronics Engineers (IEEE) said on Monday curbs on employees of Huawei Technologies and its subsidiaries have been lifted, and they would be allowed to participate in a peer review process for its research... More »

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Indonesia cracks down on e-commerce to raise tax collection

JAKARTA (Reuters) – Indonesia is bringing in new rules requiring e-commerce sellers to share data with authorities, while also stressing that they must pay taxes, the finance ministry said on Monday. Surging smartphone use and a rising middle-class income in I... More »

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Amazon’s latest gadget: a self-driving toy car for coders

LAS VEGAS (Reuters) – Self-driving cars, meet Amazon’s self-driving toys. Amazon.com Inc’s cloud unit on Wednesday announced a $399 autonomous toy car, aimed at helping web developers try out some of their own self-driving technology. Customers can train and t... More »

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Venture firm Atomico signs up ex-Uber and Google managers

LONDON (Reuters) – Atomico, which runs Europe’s largest independent venture fund, has hired former managers from Google and Uber to help drive international expansion for its portfolio of more than 50 start-ups and growth stage firms, it said on Thursday. Jamb... More »

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Oracle co-CEO Catz expects acceleration in cloud business

TEL AVIV (Reuters) – Oracle Corp co-CEO Safra Catz said on Monday she expects an acceleration in the company’s cloud business after the software maker last month reported sales from its cloud business that fell short of Wall Street expectations. Catz told repo... More »

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France to spend $1.8 billion on AI to compete with U.S., China

PARIS (Reuters) – French President Emmanuel Macron promised 1.5 billion euros ($1.85 billion) of public funding into artificial intelligence by 2022 in a bid to reverse a brain drain and catch up with the dominant U.S. and Chinese tech giants. The investment i... More »

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Growth, healing: New CEO faces twin tests at India’s Infosys

FILE PHOTO: A Infosys employee stands at the front desk of its headquarters in Bengaluru, India, April 15, 2016. REUTERS/Abhishek N. Chinnappa/File photo MUMBAI (Reuters) – After well over a decade with Capgemini, Salil Parekh is returning home to head unsettl... More »

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

FILE PHOTO: Signage for GlaxoSmithKline is seen on its offices in London, Britain, March 30, 2016. REUTERS/Toby Melville/File Photo The world’s leading drug companies are turning to artificial intelligence to improve the hit-and-miss business of finding new me... More »

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China to implement cyber security law from Thursday

FILE PHOTO: A woman uses a computer in an internet cafe at the centre of Shanghai, China January 13, 2010. REUTERS/Nir Elias/File Photo China, battling increased threats from cyber-terrorism and hacking, will adopt from Thursday a controversial law that mandat... More »

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Britain`s Heathrow says BA still experiencing some disruptions

People wait with their luggage at the British Airways check in desks at Heathrow Terminal 5 in London, Britain May 28, 2017. REUTERS/Neil Hall London’s Heathrow Airport said early on Monday that there were still some disruptions to British Airways (ICAG.L) fli... More »

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BA cancels flights from London as global IT outage causes chaos

People wait with their luggage at Heathrow Terminal 5 in London, Britain May 27, 2017. REUTERS/Neil Hall British Airways canceled all its flights from London’s two biggest airports on Saturday after a global computer system failure caused confusion and chaos, ... More »

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BA CEO Cruz says power supply issue caused global IT failure

Alex Cruz, Chairman and Chief Executive of British Airways attends The British Air Transport Association (BATA) Annual Lecture in London, Britain October 12, 2016. REUTERS/Stefan Wermuth British Airways said a power supply issue was to blame for a global compu... More »

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How artificial life spawned a billion-dollar industry

FILE PHOTO: A DNA double helix is seen in an undated artist’s illustration released by the National Human Genome Research Institute to Reuters on May 15, 2012. REUTERS/National Human Genome Research Institute/Handout/File Photo Scientists are getting closer to... More »

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China sets up $14.6 billion internet investment fund: Xinhua

FILE PHOTO – Customers use computers at an internet cafe in Hefei, Anhui province March 16, 2012. REUTERS/Stringer China has set up a 100 billion yuan ($14.55 billion) fund to support investment in the internet sector, said official news agency Xinhua on Sunda... More »

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Microsoft, Qualcomm back Israel`s Team8 cybersecurity firm

The logo of Microsoft is pictured in Issy-les-Moulineaux, France, August 8, 2016. REUTERS/Jacky Naegelen/File Photo The venture arms of Microsoft (MSFT.O) and Qualcomm (QCOM.O) have invested in Team8, an Israeli creator of cybersecurity start-ups, as big multi... More »

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Silicon Valley`s obscure unicorns could boost 2017 IPO market

The Wall St. sign is seen outside the door to the New York Stock Exchange in New York’s financial district February 4, 2014. REUTERS/Brendan McDermid Social media firm Snap Inc may be the highest profile tech IPO planned for 2017, with the potential to raise b... More »

China renews calls for tighter cyberspace security: CAC

A map of China is seen through a magnifying glass on a computer screen showing binary digits in Singapore in this January 2, 2014 photo illustration. REUTERS/Edgar Su China’s top cybersecurity body reaffirmed its commitment to heightened cybersecurity surveill... More »

Seattle, cloudy with a chance of technology upgrades

SEATTLE For Seattle, home to cloud technology powerhouses Amazon Inc (AMZN.O) and Microsoft Corp (MSFT.O), the process of upgrading the city’s data systems is moving more at glacial dial-up speed than lightning-fast broadband. In 2014, Seattle hired a chief te... More »

TalkTalk hires BAE Systems to investigate cyber attack

LONDON British broadband provider TalkTalk said on Sunday it had hired defense company BAE Systems to investigate a cyber attack that may have led to the theft of personal data from its more than 4 million customers. TalkTalk said on Friday it had received a r... More »

U.S personnel agency chief resigns over massive data breach

WASHINGTON The chief of the U.S. federal hiring office resigned on Friday after massive computer hacks at the agency that put the personal data of more than 22 million Americans at risk, including people seeking sensitive security clearances. The White House s... More »