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Twitter CEO forgoes compensation; long-time board member to leave

Twitter Inc’s chief executive, Jack Dorsey, continued to forego direct compensation and Peter Fenton, a board member since 2009, will leave after the company’s annual meet in May, a regulatory filing showed on Friday. Fenton, who is a partner at venture capital firm Benchmark Capital, will not seek re-election after …

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YouTube tweaks ad strategy to curb content stealing

Alphabet Inc’s (GOOGL.O) YouTube said on Thursday it would place ads on channels only if they reach 10,000 views as it tries to weed out people who make money on the site by stealing content from other sources. The video streaming service also said once a video channel crosses the …

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Apple aims for more control, less cost as it accelerates in chip design

Apple Inc’s decision to stop licensing graphics chips from Imagination Technologies Group Plc is the clearest example yet of the iPhone maker’s determination to take greater control of the core technologies in its products – both to guard its hefty margins and to position it for future innovations, especially in …

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Elon Musk mocks short sellers after Tesla stock surge

As Tesla Inc’s (TSLA.O) strong quarterly vehicle deliveries sent its stock to a record high on Monday, Chief Executive Elon Musk took a swipe at traders betting the luxury electric car company is on a road to ruin. “Stormy weather in Shortville …”, Musk tweeted after Tesla’s better-than-expected quarterly vehicle …

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Toshiba shares tumble after sources say third earnings postponement likely

Shares in Toshiba Corp tumbled on Monday after sources told Reuters that the troubled Japanese conglomerate would likely miss a third deadline to report its quarterly business results. Toshiba shares plunged as much as 9.4 percent in early morning trade, before trimming the loss to about 4 percent, compared with …

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Snapchat adds more accessible search feature

Snap Inc said on Friday its Snapchat messaging app would add an option for users to search through photos and videos that users have posted to the public. The move comes just days after larger rival Facebook Inc stepped up efforts to encourage users to take more photos and edit …

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Toshiba offered $17.9 billion for chip unit by Silver Lake and Broadcom: Nikkei

U.S. private equity firm Silver Lake Partners LP [SILAK.UL] and U.S. chipmaker Broadcom Ltd have offered Toshiba Corp about 2 trillion yen ($17.9 billion) for its chip unit, the Nikkei business daily reported on Friday. About 10 potential bidders are interested in buying a stake in the NAN flash memory …

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Samsung launches Galaxy S8 and dreams of recovery from Note 7

Samsung Electronics Co Ltd (005930.KS) unveiled its Galaxy S8 flagship smartphone as it battles to regain the market leadership it lost to Apple Inc (AAPL.O) after the embarrassing withdrawal of the fire-prone Note 7s. Boasting some of the largest wrap-around screens ever made, the long-awaited S8 is the South Korean …

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Vote to repeal U.S. broadband privacy rules sparks interest in VPNs

The vote by the U.S. Congress to repeal rules that limit how internet service providers can use customer data has generated renewed interest in an old internet technology: virtual private networks, or VPNs. VPNs cloak a customer’s web-surfing history by making an encrypted connection to a private server, which then …

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Chinese tech giant Tencent signs $4.65 billion loan deal

Chinese tech giant Tencent Holdings has signed a $4.65 billion loan deal, Basis Point reported, amid a flurry of fund-raising by China’s internet giants. Tencent, which had an original target of about $2 billion for the loan, inked the deal on March 24 following commitments from a dozen banks, Thomson …

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