Technology news

• AT&T says all U.S. states will use its public safety netwowrk

  29-12-2017 17:10
  NEW YORK (Reuters) - AT&T Inc said on Friday that all 50 U.S. states had decided to participate in the nationwide broadband network it is building for first responders as part of a $6.5 billion government contract.
  
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• South Korea students dive into virtual coins, even as regulators crack down

  29-12-2017 16:58
  SEOUL (Reuters) - Hackers have stolen millions, lawmakers are pushing for new taxes and regulations, and a leading financial official has called them a "Ponzi scheme".
  
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• Apple apologizes after outcry over slowed iPhones

  29-12-2017 15:16
  (Reuters) - Facing lawsuits and consumer outrage after it said it slowed older iPhones with flagging batteries, Apple Incis slashing prices for battery replacements and will change its software to show users whether their phone battery is good.
  
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• Trump targets Amazon in call for postal service to hike prices

  29-12-2017 15:02
  WASHINGTON (Reuters) - U.S. President Donald Trump targeted online retailer Amazon on Friday in a call for the country's postal service to raise prices of shipments in order to recoup costs.
  
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• China's Huawei flags slower smartphone and overall revenue growth

  29-12-2017 12:55
  HONG KONG (Reuters) - China's Huawei Technologies Co Ltd [HWT.UL] on Friday flagged overall and smartphone revenue figures for 2017 that represented its slowest growth in four years, and vowed to extend its global reach with more premium products next year.
  
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• Hong Kong eyes blockbuster China tech IPO queue, led by Xiaomi

  29-12-2017 11:46
  HONG KONG (Reuters) - Hong Kong bankers are eyeing a slew of blockbuster IPOs from Chinese technology firms with a total market capitalization of some $500 billion over the next two years, in a sharp contrast to 2017 - the city's worst year for raising equity in a decade.
  
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• India likens cryptocurrencies to Ponzi scheme, cautions investors

  29-12-2017 07:37
  NEW DELHI (Reuters) - India's finance ministry on Friday cautioned investors about the risks of trading in cryptocurrencies such as bitcoin, saying digital currency investments are like "Ponzi schemes."
  
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• SoftBank succeeds in tender offer for Uber shares

  29-12-2017 06:10
  (Reuters) - A consortium led by SoftBank Group Corp will buy a large number of shares of Uber Technologies Inc in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, in a victory for new Chief Executive Dara Khosrowshahi.
  
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• India's Reliance Jio to buy RCom's wireless assets in $3.75 billion deal: sources

  29-12-2017 06:01
  MUMBAI (Reuters) - Debt-laden Reliance Communications has signed a deal to sell its wireless assets to Reliance Jio Infocomm, for a total value of nearly 240 billion rupees ($3.75 billion), two sources familiar with the matter told Reuters on Friday.
  
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