Technology

MEXICO CITY (Reuters) – Mexico’s America Movil, the largest telecommunications firm in Latin America by number of subscribers, saw its net profit slide 94 percent in the second quarter, hammered by currency-related swings. FILE PHOTO: The logo of America Movill is seen on a wall at the company’s corporate offices in Mexico City, Mexico March
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(Reuters) – Netflix Inc’s subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 percent on fears that the company’s rapid expansion is slowing. The streaming video pioneer added 5.2 million customers from April through June, 1 million fewer than forecasts from Thomson Reuters I/B/E/S, as
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NEW YORK (Reuters) – BlackRock Inc (BLK.N) Chief Executive Larry Fink on Monday said the world’s largest asset manager has assembled a working group to look at blockchain technology and cryptocurrencies such as bitcoin, but cautioned he does not see massive investor demand. FILE PHOTO: Larry Fink, Chief Executive Officer of BlackRock, takes part in
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LONDON (Reuters) – Global regulators have published a framework for “vigilantly” monitoring risks from crypto-assets like bitcoin BTC=BTSP and ether, even though they don’t pose a major risk to financial stability for now. FILE PHOTO: Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture,
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(Reuters) – The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE Corp, allowing China’s second-largest telecommunications equipment maker to resume business. FILE PHOTO: A ZTE smart phone is pictured in this illustration taken April 17, 2018. REUTERS/Carlo Allegri/Illustration/File Photo The Commerce Department removed the ban shortly after
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WASHINGTON (Reuters) – Republican U.S. Senator Marco Rubio criticized on Friday the decision by the United States to lift a ban on suppliers selling to ZTE Corp <000063.SZ), allowing China’s second-largest telecommunications equipment maker to resume business. FILE PHOTO: Senator Marco Rubio (R-FL) arrives for a Senate Intelligence Committee hearing evaluating the Intelligence Community Assessment
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JAKARTA (Reuters) – Social media giant Facebook has assured the Indonesian government that personal data of about one million of its citizens had not been improperly accessed by political consultancy Cambridge Analytica. FILE PHOTO: A 3D plastic representation of the Facebook logo is seen in this illustration in Zenica, Bosnia and Herzegovina, May 13, 2015.
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(Reuters) – Broadcom Ltd made an $18.9 billion bid for software firm CA Inc on Wednesday, the latest in the company’s acquisition spree aimed at diversifying beyond semiconductors. FILE PHOTO: Hock Tan, CEO of Broadcom, speaks on the floor of the New York Stock Exchange shortly before the opening bell in New York, U.S., February
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