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Coronavirus accelerates European utilities’ digital drive

MILAN/FRANKFURT (Reuters) – When COVID-19 plunged Italy into lockdown, it was decision time at the Verampio power station. The control room, which runs a fleet of hydroelectric plants across the Piedmont region, hard hit by the pandemic, had to be secured to k... More »

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Microsoft talks to buy TikTok’s U.S. operations spark ire in China

BEIJING/HONG KONG (Reuters) – A potential shotgun wedding to Microsoft Corp (MSFT.O) for TikTok’s U.S. operations provoked an outcry on Monday on Chinese social media as well as criticism from a prominent Chinese investor in TikTok owner ByteDance. The U.S. te... More »

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Republican senators back plan to sell TikTok’s U.S. operations

WASHINGTON (Reuters) – Several Republican senators on Sunday backed a plan by China’s ByteDance to divest the U.S. operations of TikTok after President Donald Trump said on Friday he had decided to ban the popular short-video app. Senator John Cornyn, a Texas ... More »

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Qualtrics float would be ‘win-win’ proposition: SAP CEO

BERLIN (Reuters) – SAP’s (SAPG.DE) plans to float online sentiment tracking business Qualtrics would be a “win-win” proposition, CEO Christian Klein said on Monday, as the business software group confirmed its second quarter results and guidance. SAP would ret... More »

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SAP picked by Moderna to help distribute COVID-19 vaccine candidate

BERLIN (Reuters) – Business software group SAP (SAPG.DE) has been selected by Moderna (MRNA.O) to help distribute the potential COVID-19 vaccine that the U.S. pharmaceuticals company is developing, CEO Christian Klein said on Monday. “Moderna just selected SAP... More »

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Smartphone shipments in China fall 16% in June: government data

SHANGHAI (Reuters) – Smartphone shipments in China fell 16% in June compared with a year earlier, according to government data released on Tuesday. The numbers suggest that handset demand in China remains lukewarm despite the country’s recovery from the corona... More »

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Apple to update developers, possibly signal split from Intel

SAN FRANCISCO (Reuters) – Apple Inc (AAPL.O) on Monday will hold its annual conference for software developers, rolling out new features in its operating systems for iPhones and iPads and possibly signaling a departure from Intel Corp’s (INTC.O) almost 15-year... More »

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IBM exits facial recognition business, calls for police reform

WASHINGTON (Reuters) – International Business Machines Corp (IBM.N) disclosed Monday it will no longer offer facial recognition or analysis software in a letter to Congress calling for new efforts to pursue justice and racial equity, new Chief Executive Office... More »

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Logitech sales surge as working from home boosts demand

(Reuters) – Logitech International (LOGN.S) reported a 13.6% rise in quarterly sales on Tuesday as more people used its computer products while working from home due to the coronavirus crisis. Logitech said demand accelerated in the three months to the end of ... More »

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After the triumph of Animal Crossing, a thin pipeline for Nintendo

TOKYO (Reuters) – The runaway success of Nintendo Co Ltd’s (7974.T) island life simulator Animal Crossing: New Horizons has overshadowed an uncomfortable fact for fans of the Switch console – it lacks upcoming titles. Nintendo on Thursday said Animal Crossing,... More »

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Swiss soldiers pick up smartphones to fight COVID-19

CHAMBLON, Switzerland (Reuters) – In the battle against coronavirus, Swiss soldiers are using smartphones to test a new contact tracing application that could prevent infections while also protecting users’ privacy. Switzerland hopes to launch the app on May 1... More »

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IBM sees shift in client spend priorities, withdraws annual forecast

(Reuters) – International Business Machines Corp’s (IBM.N) clients have shifted priorities toward saving capital in recent weeks because of COVID-19, hitting software sales in particular, new Chief Executive Officer Arvind Krishna said as the company withdrew ... More »

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India’s Infosys suspends FY revenue forecast on coronavirus blow

BENGALURU (Reuters) – India’s Infosys suspended its full-year 2021 revenue forecast on Monday, joining its software outsourcing rivals in flagging a hit to its business as the coronavirus pandemic freezes client activity in the United States and Europe. Infosy... More »

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Rift opens over European coronavirus contact tracing apps

BERLIN (Reuters) – A rift has opened up over the design of smartphone apps to trace people in Europe at risk of coronavirus infection, potentially hindering efforts to curb the pandemic and ease crippling travel restrictions. Scientists and researchers from mo... More »

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Boeing plans to retest Starliner flight after botched mission

(Reuters) – Boeing Co said on Monday it would send its Starliner astronaut spacecraft on another unmanned mission to the International Space Station, months after its last flight was cut short because of a software bug. During the December test, a series of so... More »

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Two U.S. state AGs seek info on Zoom’s privacy practices

(Reuters) – At least two U.S. state attorneys have sought information from Zoom Video Communications Inc following multiple reports that questioned the privacy and security of the video-conferencing app. Zoom’s popularity has surged as employees at businesses,... More »

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Europe’s north-south lockdown divide revealed by Google data

BERLIN (Reuters) – Italy and Spain, the two European countries hardest hit by the new coronavirus, have enforced the most drastic lockdowns to curb the pandemic but one country, Sweden, stands out for allowing life to go on much as before, Google data show. An... More »

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Coronavirus threatens to knock South Korea off 5G leadership perch

SEOUL (Reuters) – South Korea is struggling to retain its lead in global next-generation 5G telecom services, as the coronavirus pandemic further cools sentiment of consumers whose interest in the technology has waned due to cost and quality concerns. The Asia... More »

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Oprah Winfrey donates $10 million for coronavirus relief

LOS ANGELES (Reuters) – Oprah Winfrey said on Thursday she was donating $10 million to coronavirus relief efforts, including a new venture to help get food to vulnerable Americans during the coronavirus epidemic. Winfrey, one of America’s richest and most infl... More »

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Microsoft to divest AnyVision stake, end face recognition investing

(Reuters) – Microsoft Corp on Friday said it would sell its stake in AnyVision, an Israeli facial recognition startup, and said it no longer would make minority investments in companies that sell the controversial technology. The decision marks a policy change... More »

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Think-tank report on Uighur labor in China lists global brands

BEIJING (Reuters) – Tens of thousands of ethnic Uighurs were moved to work in conditions suggestive of “forced labor” in factories across China supplying 83 global brands, an Australian think tank said in a report released on Sunday. The Australian Strategic P... More »

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Elliott targets Twitter, seeking CEO Dorsey’s removal: sources

(Reuters) – Hedge fund Elliott Management Corp has amassed a stake in Twitter Inc (TWTR.N) and is pushing for changes, including removal of the social media company’s chief executive, Jack Dorsey, two people familiar with the matter said on Friday. Twitter is ... More »

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Eight men in frame to run Norway wealth fund, including deputy CEO

OSLO (Reuters) – Eight candidates have applied to head Norway’s sovereign wealth fund, the country’s central bank said on Tuesday, as its board prepares to decide who should steer the global portfolio of assets worth $1.1 trillion through a time of transition.... More »

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European shares flat as Sino-U.S. trade deal in focus- tech gains

(Reuters) – European shares were little changed on Monday as investors shifted their focus to the signing of an interim Sino-U.S. trade deal later this week, while technology stocks rose on a clutch of brokerage upgrades and price-target bumps. The benchmark E... More »

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Apple pushes recycling of iPhone with ‘Daisy’ robot

AUSTIN, Texas (Reuters) – Apple Inc APPL.O is trying to change the way electronics are recycled with a robot that disassembles its iPhone so that minerals can be recovered and reused, while acknowledging rising global demand for electronics means new mines wil... More »

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Twitter suspends accounts linked to Saudi spying case

SAN FRANCISCO (Reuters) – Weeks after U.S. authorities brought a spying case against three Saudi nationals for digging up dissidents’ personal data at Twitter, the company suspended tens of thousands of accounts that appear to be linked to one suspect’s compan... More »

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SEC probes at least two trading firms over NYSE listings: source

(Reuters) – The U.S. securities regulator has asked at least two trading firms for information regarding a broad investigation into initial public offerings and direct listings going back five years on the New York Stock Exchange, a person familiar with the ma... More »

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ByteDance unit establishes venture with Chinese state media firm

SHANGHAI/BEIJING (Reuters) – A unit of ByteDance, the owner of video-sharing platform TikTok, has established a joint venture with a Chinese state media group, official registration documents showed. “The joint venture will focus on partnership in the digital ... More »

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Google, Apple asked if apps like TikTok must disclose foreign ties

WASHINGTON (Reuters) – The chair of a U.S. congressional panel wrote to Alphabet’s (GOOGL.O) Google and to Apple (AAPL.O) on Friday to ask what if any disclosures mobile apps are required to make regarding overseas ties, a concern that follows reports of Chine... More »

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Researchers criticize AI software that predicts emotions

SAN FRANCISCO (Reuters) – A prominent group of researchers alarmed by the harmful social effects of artificial intelligence called Thursday for a ban on automated analysis of facial expressions in hiring and other major decisions. The AI Now Institute at New Y... More »

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Ackman’s Pershing Square makes new bet on Agilent Technologies

BOSTON (Reuters) – Billionaire investor William Ackman’s hedge fund Pershing Square Capital Management said Monday it bought shares in testing equipment company Agilent Technologies Inc, only its second new investment this year as the fund has reported a 51% r... More »

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Global financial watchdogs take aim at Big Tech’s data dominance

LONDON (Reuters) – Google, Alibaba and other “Big Tech” companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition. As Facebook’s plan for its Libra “stablecoin” faces scrutin... More »

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Jeff Bezos says Amazon wants to work more with the Pentagon

SIMI VALLEY, Calif. (Reuters) – Amazon.com Inc founder Jeff Bezos said it would support the U.S. Department of Defense as technology companies vie for more defense contracts and the Pentagon seeks to modernize itself. “We are going to support the Department of... More »

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Emotion-sensing robot launches to assist space station astronauts

WASHINGTON (Reuters) – An intelligent robot equipped with emotion-sensing voice detectors was headed to the International Space Station after launching from Florida on Thursday, becoming the latest artificial intelligence-powered astronaut workmate in orbit. T... More »

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Investor to oppose Instructure’s plans to sell to Thoma Bravo

BOSTON (Reuters) – Rivulet Capital, a large investor in Instructure Inc, on Thursday said it will resist the U.S. educational software company’s plan to sell itself to private equity firm Thoma Bravo for $2 billion, calling the deal too cheap and too hurried. ... More »

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Top U.S. stockpickers keep low profile

NEW YORK (Reuters) – The co-managers of the best stock mutual fund of this decade work out of a small office in Los Angeles, rarely talk with the financial media and have never appeared as guests on CNBC looking to raise their profile. Instead, portfolio manag... More »

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Apple delays movie theater release of ‘The Banker’

(Reuters) – Apple Inc is delaying the planned December movie theater release of movie “The Banker,” one of its first original films, a source close to the company said on Friday, amid ongoing concerns about the period drama. The movie’s debut on Apple’s newly ... More »

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Microsoft updates terms on data privacy amid EU probe

BRUSSELS (Reuters) – Microsoft said on Monday it was updating the privacy provisions of its commercial cloud contracts after European regulators found its deals with European Union institutions failed to protect data in line with EU law. The EDPS, the EU’s dat... More »

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TikTok owner ByteDance plans to launch music streaming: FT

(Reuters) – TikTok owner Beijing ByteDance Technology Co Ltd is in talks with big music labels – Universal Music, Sony Music and Warner Music – for global licensing deals to include their songs on its new music subscription service, the Financial Times reporte... More »

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Made in China: Samsung farms out more phones to fend off rivals

SEOUL (Reuters) – Samsung’s plan to outsource a fifth of its smartphone production to China next year may help it compete with low-cost rivals such as Huawei and Xiaomi but it’s a strategy fraught with risks, people with familiar with the move said. Samsung El... More »

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Culture change is the cutting edge of mental health benefits at work

NEW YORK (Reuters) – When Hartmut Braune comes to work in security communications at SAP, he never knows what emergency will land in his inbox. It is a challenging job, compounded by the fact that Braune also coordinates the company’s global Lighthouse Core Te... More »

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Bolivia’s Morales a dictator? Apple’s Siri says so (in Spanish)

LA PAZ (Reuters) – With political tension mounting in Bolivia over contested elections, Apple Inc’s Siri appeared on Wednesday to briefly take the side of anti-government protesters often terming long-standing President Evo Morales a “dictator.” Asked in Spani... More »

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AppleTV+ debuts streaming TV service with Oprah and Aniston

LOS ANGELES (Reuters) – Apple TV+, the iPhone maker’s entry into the crowded streaming TV market, debuts on Friday as the first “all-original” subscription video service, according to Apple Inc (AAPL.O) Chief Executive Tim Cook. All of the programming is origi... More »

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Microsoft: ‘appreciate’ winning JEDI contract – statement

(Reuters) – Microsoft Corp. (MSFT.O) said in a statement on Saturday that the company appreciates being chosen by the U.S. Defense department (DoD) for the Pentagon’s $10 billion Joint Enterprise Defense Infrastructure Cloud (JEDI) contract. “We look forward t... More »

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U.S. tech firm Maxar taps startup’s software for moon mission

WASHINGTON (Reuters) – (This October 22 story has been refiled to correct headline to say software rather than robotics, first paragraph to clarify that the Olis software would run on a Maxar robotic arm, paragraphs 2 and 3 to state that the robotic arm belong... More »