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Twitter shares tumble as flat user growth disappoints investors

(Reuters) – Twitter Inc (TWTR.N) shares opened more than 10 percent lower on Thursday after the social media platform disappointed investors with stagnant monthly active user growth in the second quarter. Despite its appeal among celebrities and public figures, Twitter has struggled to sustain its closely watched user growth even …

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Alibaba launches low-cost voice assistant amid AI drive

China’s Alibaba Group Holding Ltd launched on Wednesday a cut-price voice assistant speaker, similar to Amazon.com Inc’s “Echo”, its first foray into artificially intelligent home devices. The “Tmall Genie”, named after the company’s e-commerce platform Tmall, costs 499 yuan ($73.42), significantly less than western counterparts by Amazon and Alphabet Inc’s …

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Google tightens measures to remove extremist content on YouTube

Alphabet Inc’s (GOOGL.O) Google will implement more measures to identify and remove terrorist or violent extremist content on its video sharing platform YouTube, the company said in a blog post on Sunday. Google said it would take a tougher position on videos containing supremacist or inflammatory religious content by issuing …

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Apple poaches top Sony TV executives to boost video content

Apple Inc (AAPL.O) has hired two long-time Sony Pictures Television executives to expand the iPhone maker’s push into original television programming, plunging deeper into a field crowded by Hollywood studios and online streaming services. Jamie Erlicht and Zack Van Amburg, responsible for hit shows such as “Breaking Bad,” “Better Call …

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EU antitrust regulators to investigate $38 billion Qualcomm, NXP deal

EU antitrust authorities opened an investigation on Friday into Qualcomm’s (QCOM.O) $38-billion bid for NXP Semiconductors (NXP.N), ratcheting up pressure on the U.S. smartphone chipmaker to offer concessions to address their concerns. Qualcomm, which supplies chips to Android smartphone makers and Apple (AAPL.P), is set to become the leading supplier …

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French researchers find way to unlock WannaCry without ransom

French researchers said on Friday they had found a last-chance way for technicians to save Windows files encrypted by WannaCry, racing against a deadline as the ransomware threatens to start locking up victims’ computers first infected a week ago. WannaCry, which started to sweep round the globe last Friday and …

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Security experts find clues to ransomware worm’s lingering risks

Two-thirds of those caught up in the past week’s global ransomware attack were running Microsoft’s Windows 7 operating system without the latest security updates, a survey for Reuters by security ratings firm BitSight found. Researchers are struggling to try to find early traces of WannaCry, which remains an active threat …

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Apple tops $800 billion market cap for first time

Apple Inc (AAPL.O) became the first U.S. company to top the $800 billion mark in market capitalization on Tuesday, slightly more than two years after it crossed the $700 billion threshold. The iPhone maker’s shares have gained 33 percent this year and almost 50 percent since the U.S. election in …

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Amazon’s moves beyond retail get Wall Street thumbs up, for now

Amazon.com Inc’s ventures far beyond online retail, from cloud computing to movie making, are raising questions among corporate strategy experts about its focus. The Seattle-based company wowed Wall Street again this week with a 23 percent jump in sales, pushing its shares to an all-time high. But there are concerns …

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Tesla’s big Model 3 bet rides on risky assembly line strategy

Tesla Inc (TSLA.O) Chief Executive Elon Musk took many risks with the technology in his company’s cars on the way to surpassing Ford Motor Co’s market value. Now Musk is pushing boundaries in the factory that makes them. Most automakers test a new model’s production line by building vehicles with …

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