Snap chief strategy officer leaves in latest executive departure

Snap Inc , the parent of Snapchat messaging, said on Monday Chief Strategy Officer Imran Khan will step down, the latest top-level exit amid pressure to stem a drop in users following a controversial redesign of the app.

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New York regulator approves Winklevoss, Paxos dollar-linked tokens

New York state on Monday approved Gemini Trust Company's and Paxos Trust Company's dollar-linked digital currencies, the first stablecoins to get the nod from the region's regulator.

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China's transport ministry to conduct checks on ride-hailing industry through end-2018

China's transport ministry said on Monday it will conduct checks on the ride-hailing industry through the end of this year as it tries to revamp the fast-growing sector beset with safety issues sparked by a murder case involving a Didi driver.

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Apple supplier shares slide after Trump tells tech giant to make products in U.S.

Shares of Apple Inc suppliers fell across Asia on Monday after U.S. President Donald Trump tweeted that the tech giant should make products in the United States if it wanted to avoid tariffs on Chinese imports.

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Bitcoin rises above $6,300 as N.Y. approves dollar-linked digital currencies

Bitcoin briefly climbed above $6,300 on Monday after New York state's Department of Financial Services approved Gemini Trust Company's and Paxos Trust Company's dollar-linked digital currencies, the first stablecoins to get the nod from the regulator.

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U.S. start-up says its electric drone has longer flight time on single charge

U.S. start-up Impossible Aerospace said on Monday the first of its fully electric quadcopters, which can fly up to two hours on a single charge, nearly five times that of its closest competitors, will be delivered to customers later this year.

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Eros elbows way into China through content licensing deal with iQiyi

Movie production house Eros International PLC on Monday said it partnered with China streaming service iQiyi Inc to provide Indian movies such as Bollywood blockbusters "Dabangg" and "Devdas" in the country.

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Lightyear buys U.S. blockchain start-up Chain; to move business to Stellar

San Francisco technology start-up Chain Inc. has been acquired by Lightyear Corp., a company focused on the Stellar blockchain, Chain Chief Executive officer Adam Ludwin said on Monday.

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Spotlight on Alibaba CEO Zhang as Jack Ma starts retirement countdown

Unlike his charismatic boss, Jack Ma, Alibaba chief executive Daniel Zhang isn't usually one to grab the limelight, let alone make kung fu movies with superstars or dance in public.

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Alibaba's Jack Ma to step down in one year, hand baton to CEO Zhang

Jack Ma, the charismatic co-founder of China's largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in one year to concentrate on philanthropy and education, passing on the reins to trusted lieutenant Daniel Zhang.

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Tencent shuts poker platform amid widening gaming crackdown

Tencent Holdings will shut a popular Texas Hold'Em poker video game, the Chinese tech giant said to its users on Monday, in a further step to comply with intensifying government scrutiny hitting the country's gaming industry.

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SEC halts trading in two cryptocurrency products, citing market confusion

The U.S. Securities and Exchange Commission said on Sunday it was immediately suspending trading in two investment products that track cryptocurrencies, citing confusion in the markets over whether the products are exchange-traded funds (ETFs).

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Riot Blockchain names new leaders as previous boss faces fraud charges

Riot Blockchain Inc, a onetime biotechnology firm that saw its share price skyrocket when it refocused on cryptocurrencies, named a new chief executive after the company's previous boss was accused of involvement in securities fraud.

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Tesla shares reel as executives quit and CEO smokes pot on webcast

Tesla Inc Chief Executive Elon Musk was filmed smoking marijuana and wielding a sword on a webcast, just hours before the automaker said its recently-appointed accounting chief would leave, the latest in a string of unusual behavior and executive departures that have stunned investors.

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Reports that Musk security clearance under review are inaccurate: U.S. Air Force

(This version of the Sep. 7 story corrects to Fox Business Network, from Fox Business News, in paragraph 4)

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Uber-rival Careem expands services into Sudan

Middle East ride-hailing firm Careem said on Sunday it had started a service in Sudan, one of few international companies to enter the country since U.S. economic sanctions were lifted last year.

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Alibaba's Jack Ma to unveil succession plan next week, remain chairman

Alibaba Group Holding Ltd's billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a new generation of leaders but will remain executive chairman for the time being.

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Trump tells Apple to make products in U.S. to avoid China tariffs

U.S. President Trump tweeted on Saturday that Apple Inc should make products inside the United States if it wants to avoid tariffs on Chinese imports.

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Google pulls Russian opposition leader's YouTube advert ahead of vote

Google removed a YouTube advert by Russian opposition leader Alexei Navalny after authorities complained that the videos would violate an election silence law before Sunday's vote for regional governors, an aide to Navalny said on Saturday.

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Russia will spend 10 billion roubles on car demand support in 2019: TASS

Russia will spend about 10 billion roubles ($143 million) on its car demand support program in 2019, Industry and Trade Minister Denis Manturov was quoted as saying by the TASS news agency on Saturday.

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Source: Reuters