Samsung Elec says it will cancel $4.4 billion worth of shares

Samsung Electronics Co Ltd said on Friday it would cancel 4.9 trillion won ($4.4 billion) worth of its shares.

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Dell posts revenue jump ahead of voting on VMware offer

Dell Technologies Inc reported a 15 percent rise in quarterly revenue on Thursday, as businesses were forced to upgrade their systems running on older Windows technology and on strong performance by software maker VMware.

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HP Inc revenue tops estimates on personal systems business

HP Inc's quarterly revenue beat analysts' estimates on Thursday, driven by growth in its personal systems business that sells notebooks and desktops and the acquisition of Samsung's printer business.

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White House to hold roundtable with tech executives on innovation

The Trump administration, which has had sometimes strained relations with high-technology companies, will meet with top tech executives next week to discuss innovation and future jobs, several companies attending and a White House official said on Thursday.

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Exclusive: Boeing eyes Lion Air crash software upgrade in 6-8 weeks

Boeing Co is weighing plans to launch a software upgrade for its 737 MAX in six to eight weeks that would help address a scenario faced by the Lion Air crew during last month's deadly crash in Indonesia, two people briefed on the matter said on Thursday.

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Japan brokers readying for new client surge ahead of SoftBank's mammoth IPO

Japan's stockbrokers are rubbing their hands ahead of SoftBank's record-breaking $21 billion share sale, banking on the telco's brand power and unprecedented marketing campaign to boost business in a country replete with IPO-hungry investors.

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NASA selects nine U.S. companies to vie for moon program funding

NASA on Thursday named nine U.S. companies, including Lockheed Martin Corp , that will compete for funding under the space agency's renewed long-term moon program, a private-public undertaking to develop technology that will explore the lunar surface.

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Amazon's treatment of sellers comes under scrutiny in Germany

Germany's antitrust authority has launched an investigation into whether U.S. ecommerce giant Amazon is exploiting its market dominance in its relations with third-party retailers who use its website as a marketplace.

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Card transactions grow in Brazil as usage increases

Credit and debit card transactions in Brazil grew 14.7 percent in the third quarter from a year earlier, as more Brazilians used cards to pay for goods and services, industry group Abecs said on Thursday.

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Tech executives tell Germany to scrap 'hate-filled' migrant campaign

Scores of tech entrepreneurs in Berlin have signed a letter telling the government to scrap a poster campaign that encourages migrants to go home - saying the message spreads hate and undermines efforts to hire foreign developers.

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Elon Musk ducks out of one Los Angeles tunnel but pursues another

Billionaire entrepreneur Elon Musk has scrapped plans for a high-speed passenger tunnel under the West side of Los Angeles but is moving ahead with a similar proposal across town designed to whisk baseball fans to and from Dodger Stadium.

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Corrected: Shares in struggling drone group Parrot surge after buyout offer

Shares in French drone maker Parrot surged on Thursday after its majority shareholder - the Seydoux family - launched a takeover offer for the company whose shares have been hit by a series of weak results.

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Facebook starts verification for UK political ads

UK advertisers seeking to run political ads on Facebook Inc must now confirm their identity, location and reveal who paid for the ad, the social network said on Thursday as it faces increasing scrutiny following the Cambridge Analytica scandal.

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