Technology

(Reuters) – Activision Blizzard Inc forecast second-quarter profit below estimates on Thursday, as the videogame maker invests in its core franchises to counter intense competition from games such as “Fortnite” and “Apex Legends”. FILE PHOTO: The Activision booth is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, U.S. June 13, 2017.
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FILE PHOTO: The logo of Austrian construction company Porr is pictured behind traffic lights at the company’s headquarters building in Vienna, Austria, March 8, 2016. REUTERS/Heinz-Peter Bader VIENNA (Reuters) – Austrian construction company Porr detected a cyber attack on its communication infrastructure on Thursday and its telephone lines and emails were disrupted, the company said.
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LONDON (Reuters) – British Prime Minister Theresa May fired Defence Secretary Gavin Williamson on Wednesday over the leak of information about Chinese telecoms company Huawei. FILE PHOTO: Britain’s Prime Minister Theresa May and Britain’s Defence Minister Gavin Williamson arrive for a multilateral meeting of the North Atlantic Council with Georgia and Ukraine, during the NATO
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FILE PHOTO: Visitors walk past an advertising billboard for Fitbit Ionic watches at the IFA Electronics Show in Berlin, Germany, September 1, 2017. REUTERS/Fabrizio Bensch (Reuters) – Wearable device maker Fitbit Inc reported better-than expected first-quarter results on Wednesday, benefiting from higher sales of its smartwatches and wearable devices that track daily activities. Shares of
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(Reuters) – Uber Technologies Inc, the world’s largest ride-hailing company, plans an initial public offering that values the company as much as one-third below what the startup’s insiders had hoped for, between $80.5 billion and $91.5 billion. The valuation, outlined in a regulatory filing on Friday, is less than the $120 billion that investment bankers
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WASHINGTON (Reuters) – T-Mobile US Inc and Sprint Corp executives this week urged senior U.S. regulators to approve the proposed tie-up, saying the combined company would have the incentive to slash prices, according to a filing on Thursday. FILE PHOTO: A sign for a T-Mobile store is seen in Manhattan, New York, U.S., April 30,
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(Reuters) – The United States on Thursday added China’s third-largest e-commerce platform to its list of “notorious markets” for violations of intellectual property rights and kept China on its priority watch list for piracy and counterfeiting concerns. FILE PHOTO: Colin Huang, founder and CEO of the online group discounter Pinduoduo, speaks during the company’s stock
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FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany September 6, 2018. REUTERS/Michael Dalder FRANKFURT (Reuters) – German digital payments company Wirecard on Wednesday said all its subsidiaries were subject to regular audits, denying a Financial Times
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