Musk insists Tesla does not need more capital, predicts profit soon

(Reuters) - Tesla Inc will be profitable in the third and fourth quarters of this year and will not have to raise any money from investors, billionaire Chief Executive Elon Musk said on Friday, driving shares in the electric carmaker higher.

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Facebook CEO Zuckerberg's 2017 pay rose 54 percent to $8.9 million

(Reuters) - Facebook Inc Chief Executive Mark Zuckerberg's compensation for 2017 rose 53.5 percent to $8.9 million, a regulatory filing showed on Friday.

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'Gold rush' for Wi-Fi on board planes spurs innovation

HAMBURG (Reuters) - Satellite technology to provide Wi-Fi on board planes has matured to a point where more and more airlines are looking to use it, triggering a "gold rush" among suppliers.

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Russia to ban Telegram messenger over encryption dispute

MOSCOW (Reuters) - A Russian court on Friday ordered that access to the Telegram messenger service be blocked in Russia, heralding possible communication disruption for millions of users in the latest clash between global technology firms and Russian authorities.

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Trade war or not, China is closing the gap on U.S. in technology IP race

HONG KONG (Reuters) - China's rising investment in research and expansion of its higher education system mean that it is fast closing the gap with the United States in intellectual property and the struggle to be the No.1 global technology power, according to patent experts.

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Lawmakers question FBI over San Bernardino suit against Apple

(Reuters) - A bipartisan group of lawmakers in the U.S. House of Representatives on Friday sent a letter to FBI Director Christopher Wray questioning the law enforcement agency's decision to take Apple Inc to court to force the company to help unlock a mass shooter's iPhone.

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Singapore watchdog sets interim measures for Uber-Grab deal

SINGAPORE (Reuters) - Singapore's competition watchdog on Friday outlined a set of interim measures for ride-hailing firms Grab and Uber Technologies to ensure an open market as it continued its investigation into their merger in the city-state.

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Singapore to test facial recognition on lampposts, stoking privacy fears

SINGAPORE (Reuters) - In the not too distant future, surveillance cameras sitting atop over 100,000 lampposts in Singapore could help authorities pick out and recognize faces in crowds across the island-state.

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Philippines' watchdog probes Facebook over Cambridge Analytica data breach

MANILA (Reuters) - The Philippines' privacy watchdog said on Friday it has started investigating Facebook Inc over a data breach involving British firm Cambridge Analytica that affected more than a million Filipino users of social media.

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Microsoft auditing partner KPMG's anti-piracy work in India after complaint: documents

NEW DELHI (Reuters) - Microsoft Corp is investigating the methods partner KPMG uses to crack down on the illegal use of its software in India, after a complaint from a senior member of the country's ruling political party, documents seen by Reuters showed.

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Source: Reuters