Technology

SEATTLE (Reuters) – Amazon.com Inc (AMZN.O) will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dramatically alter brick-and-mortar retail. The Seattle store, known as Amazon Go, relies on cameras and sensors to track what shoppers remove
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SAN FRANCISCO (Reuters) – Facebook Inc will begin to prioritize “trustworthy” news outlets on its stream of social media posts as it works to combat “sensationalism” and “misinformation,” Chief Executive Mark Zuckerberg said on Friday. The company, which has more than 2 billion monthly users, said it will use surveys to determine rankings on how
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(Reuters) – Amazon.com Inc (AMZN.O) on Friday raised the monthly fee for Amazon Prime, its fast-shipping and video-streaming service, to $12.99 from $10.99, while maintaining the annual fee. The company also hiked the monthly subscription fee for Amazon Prime Student members, its service targeting college students, to $6.49 from $5.49. Existing monthly Prime and Prime
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(Reuters) – Amazon.com Inc (AMZN.O) has short-listed 20 cities, including one in Canada, to build its second headquarters after reviewing 238 proposals and expects to make a decision this year, it said on Thursday. Major U.S. metros such as New York City, Los Angeles and Washington D.C. make the list, along with smaller cities such
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NAIROBI (Reuters) – South Korea’s Samsung Electronics plans to double the annual revenue contribution from its African markets to 20 percent of the firm’s global total in the next five years, the head of its business on the continent said on Monday. Sung Yoon said the electronics giant, which accounts for over half of the
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JAKARTA (Reuters) – Indonesia’s central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because of the risk of losses to the public and even a potential threat to the stability of the financial system. Bank Indonesia (BI) has previously said that cryptocurrencies were not recognized as a legal medium of exchange,
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MONTREAL/SHANGHAI (Reuters) – China’s Bitmain Technologies is eyeing bitcoin mining sites in Quebec, a company spokesman told Reuters, as expectations of a potential Chinese crackdown on cryptocurrency mining make the energy-rich Canadian province an attractive alternative. China has grown into one of the world’s biggest sources of cryptocurrency mining but there are signs Beijing is
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DETROIT (Reuters) – General Motors Co (GM.N) is seeking U.S. government approval for a fully autonomous car – one without a steering wheel, brake pedal or accelerator pedal – to enter the automaker’s first commercial ride-sharing fleet in 2019, executives said. For passengers who cannot open doors, the Cruise AV – a rebranded version of
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(Reuters) – The U.S. House of Representatives on Thursday passed a bill to renew the National Security Agency’s warrantless internet surveillance program, overcoming objections from privacy advocates and confusion prompted by morning tweets from President Donald Trump that initially questioned the spying tool. The legislation, which passed 256-164 and split party lines, is the culmination
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WASHINGTON (Reuters) – An Ohio man was charged in a 16-count indictment on Wednesday for allegedly using malware known as “Fruitfly” to surreptitiously record people by secretly taking over their computer cameras and microphones, the U.S. Justice Department said. The indictment said that from 2003 through early 2017, Phillip Durachinsky, 28, collected data from thousands
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SAN FRANCISCO (Reuters) – Shares of Eastman Kodak Co (KODK.N) more than doubled on Tuesday after the one-time leader in photography became the latest company to jump on the cryptocurrency bandwagon. The storied Rochester, New York-based company said in a statement it is launching a cryptocurrency called “KODAKCoin” for photographers, part of “KODAKOne,” an image
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