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Technology Archives - Page 4 of 205 - Article Point

Facebook to promote local news in latest update
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(Reuters) – Facebook Inc Chief Executive Mark Zuckerberg said on Monday the social media website would focus on promoting local news in its latest update.

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'Jackpotting' hackers steal over $1 million from ATMs across U.S.: Secret Service
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WASHINGTON (Reuters) – A coordinated group of hackers likely tied to international criminal syndicates has pilfered more than $1 million by hijacking ATM machines across the United States and forcing them to spit out bills like slot machines dispensing a jackpot, a senior U.S. Secret Service official said on Monday.

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Trump team idea to nationalize 5G network to counter China is rejected
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WASHINGTON (Reuters) – The top U.S. communications regulator, wireless companies and some lawmakers oppose an idea by members of President Donald Trump’s national security team for the government to build a 5G wireless network to counter China spying on phone calls.

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Japan's Aso tells cryptocurrency exchanges to strengthen controls after $530 million theft
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TOKYO (Reuters) – Japanese Finance Minister Taro Aso said on Tuesday that management systems at cryptocurrency exchanges needed to be strengthened after hackers stole $530 million of digital money from Tokyo-based Coincheck.

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China's Wanda Commercial gets $5.4 billion from Tencent-led investors
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HONG KONG (Reuters) – Chinese conglomerate Dalian Wanda Group’s debt-laden commercial property arm will receive a boost from a group of investors, led by technology giant Tencent Holdings, that is set to buy a 14 percent stake in the company for $5.4 billion.

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Japan's Renesas dismisses report on talks to buy Maxim
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TOKYO (Reuters) – Renesas Electronics Corp dismissed a media report that said the Japanese automotive chip maker was in talks to acquire U.S. chipmaker Maxim Integrated Products Inc.

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Alibaba, Foxconn lead $350 million funding in electric car startup
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BEIJING (Reuters) – Alibaba Group Holding Ltd and Foxconn Technology Co Ltd have led a 2.2 billion yuan ($347.74 million) funding round in Chinese electric car maker Xiaopeng Motors as competition escalates in the new energy vehicle (NEV) market.

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Singapore Airlines to boost digital investment to improve revenue, cut costs
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SINGAPORE (Reuters) – Singapore Airlines Ltd will invest “hundreds of millions” of dollars in digital technology over several years as part of a broader transformation designed to remain competitive against global rivals, its chief executive said on Monday.

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Amazon UK to create 400 jobs in a new fulfillment center in Rugby
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LONDON (Reuters) – Amazon UK said on Monday it would open a new fulfillment center in Rugby, central England, increasing its 2,500-strong workforce in the Midlands by another 400 people.

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