Twitter suspends over 70 million accounts in two months: Washington Post

Twitter Inc suspended more than one million accounts a day in recent months to lessen the flow of misinformation on the platform, the Washington Post reported on Friday, citing data it obtained.

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Wireless speaker maker Sonos files for IPO

Sonos Inc, a maker of hi-tech wireless speakers, filed for an initial public offering on Friday, riding on the back of increasing popularity of streaming music through smartphone apps on connected audio systems.

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California agency opens third probe into Tesla's Fremont factory

A California agency for occupational safety said on Thursday it opened a third investigation at Tesla Inc's factory in Fremont, California, following a complaint.

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Ant Financial mega-fundraising leads sovereign investments in second quarter

Ant Financial's record-setting $14 billion funding round led sovereign investor transactions in the second quarter against a backdrop of rising interest in tech-related start-ups, although overall deal values fell slightly.

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Spain's Cabify denies reports it may sell to U.S. peer Lyft

Spanish ride-hailing app Cabify said on Friday it had held no talks over selling any part of its business, after newspaper El Confidencial said it was considering selling to U.S. peer Lyft.

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HTC's June sales slump 68 percent, biggest drop in over two years

Taiwanese smartphone maker HTC Corp said its sales fell nearly 68 percent in June, its biggest slump in more than two years, as the struggling firm continues to lose customers amid intensifying competition with nimbler manufacturing rivals.

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As inflation soars, Facebook drives trading in Argentina's barter clubs

At an abandoned train station in Buenos Aires' working-class suburb of San Miguel, hundreds of Argentines gather with bags of clothes, rice, flour and sugar to trade.

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Daimler gets green light for self-driving vehicle tests in Beijing

China's capital city has given the green light to German auto maker Daimler AG to test self-driving cars on real roads, making it the first international car maker to be granted such a license in Beijing, the company said on Friday.

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LG Electronics says second-quarter profit likely up 16.1 percent, misses analyst estimates

South Korea's LG Electronics Inc on Friday said operating profit likely rose 16.1 percent in April-June, albeit weighed down by higher marketing expenses for new products in its TV, smartphone and appliance divisions, analysts said.

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China considering further reduction in electric-vehicle subsidies: Bloomberg

China is considering a further reduction in electric-vehicle subsidies next year, Bloomberg reported on Friday, citing unnamed sources.

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Samsung Electronics profit growth slows on smartphone weakness

South Korean tech giant Samsung Electronics Co Ltd estimated on Friday earnings grew at the slowest pace in more than a year in the second quarter, as analysts said weak smartphone sales likely offset record high chip earnings.

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China's ZTE names new top executives in step towards U.S. ban lifting

ZTE Corp has appointed a new team of top executives including a CEO to comply with a deal it made with the United States to end a ban on U.S. firms supplying parts to China's second-biggest telecommunications equipment maker.

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Micron says China ban unfair but won't hurt revenue

Micron Technology Inc on Thursday played down the likely impact on its business of a temporary Chinese ban on some chip sales but said it would appeal a decision that has added to U.S.-China trade tensions.

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Venture firm Atomico signs up ex-Uber and Google managers

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.

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EU lawmakers reject tough line on copyright reform

EU lawmakers have opted not to take a tough line on an EU copyright overhaul aimed at making Google, Facebook and other tech giants share revenues with publishers, broadcasters and artists after lobbying by internet companies.

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Altice, Huawei tie-up aims to make Portugal a European leader in 5G

The Portuguese unit of telecoms firm Altice, the country's largest operator, is working with Chinese electronics giant Huawei to make Portugal a leader within Europe in the development and roll-out of next-generation 5G networks.

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Reliance launches fiber broadband, after disrupting India's telecoms market

Reliance Industries, which has upended India's telecoms sector with its cheap mobile data plans, launched its fiber broadband system on Thursday in a push to make deeper inroads into the country's wireless and fixed-line internet industry.

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Singapore proposes fines on Grab, Uber, says merger harms competition

Singapore's anti-trust body proposed fines on ride-hailing firms Grab and Uber, provisionally finding that their merger had reduced competition and suggesting remedies such as the sale of their car-leasing businesses.

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Exclusive: Russia's telecoms security push hits snag - it needs foreign help

Russian telecoms operators will have to use foreign technology to comply with a law on storing data, two industry sources with knowledge of the matter said, even though Vladimir Putin told his government to ensure local companies produced the equipment.

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UK banks told to show their backup plans for tech shutdowns

British banks and other financial services firms were given three months on Thursday to explain how they can avoid damaging IT breakdowns and respond to the growing threat of cyber attacks.

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Source: Reuters