Gadgets & Tech Headlines
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Grab raises $750 million to take on Uber in Southeast Asia
SINGAPORE (Reuters) - Grab, the biggest rival to ride-sharing service Uber Technologies Inc [UBER.UL] in Southeast Asia, has raised $750 million in a funding round, turning up the heat on the U.S. firm now seeking to expand in the region after exiting China.
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Twilio buys video apps software; unveils call-quality features
FRANKFURT (Reuters) - Twilio Inc. isn't a name many consumers will recognize, even though it has recently led a modest revival in the U.S. market for technology initial public offerings by nearly quadrupling in value since its stock market debut in June.
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SWIFT plans measure to help spot fraudulent bank transfers
LONDON (Reuters) - The SWIFT inter-bank messaging network plans to send daily reports to clients to help them more quickly identify unauthorized payment instructions like those used by hackers to steal $81 million from Bangladesh’s central bank in February.
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GM sets Bolt electric car price at $37,495
DETROIT (Reuters) - General Motors Co on Tuesday announced its Chevrolet Bolt electric vehicle will cost under $30,000 after tax breaks, a price that makes it significantly cheaper than the average new U.S. vehicle and sets up a test of whether the technology can go mainstream in the United States.
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Exclusive: Google may face over $400 million Indonesia tax bill for 2015 - government official
JAKARTA (Reuters) - Indonesia plans to pursue Alphabet Inc's
Google for five years of back taxes, and the search giant could face a bill of more than $400 million for 2015 alone if it is found to have avoided payments, a senior tax official said. -
U.S. may seek power to pre-approve self-driving car technology
WASHINGTON (Reuters) - The Obama administration said Monday it was considering seeking the power to review and approve technology for self-driving cars before they hit the road and said U.S. states should not set separate rules.
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CORRECTED-Social entrepreneurs say they face tough hurdles but making headway
SAN FRANCISCO, Sept 16 (Thomson Reuters Foundation) - G reater support from the public, governments and investors is needed to boost the work of entrepreneurs using business for social good, said industry activists and organizers after a Thomson Reuters Foundation poll highlighted these as key issues.
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Bitcoin is money, U.S. judge says in case tied to JPMorgan hack
NEW YORK (Reuters) - Bitcoin qualifies as money, a federal judge ruled on Monday, in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co and other companies.
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UPDATE 3-Britain's May meets Goldman, Amazon, IBM to discuss post-Brexit investment
NEW YORK, Sept 19 (Reuters) - British Prime Minister Theresa May met business chiefs from firms including Goldman Sachs , IBM and Amazon.com on Monday in an attempt to reassure investors after her country's shock vote to leave the European Union.
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