China's ZTE to set up $180 million fund to invest in tech start-ups

SHANGHAI (Reuters) - Chinese telecom equipment maker ZTE Corp will set up a 1.2 billion yuan ($180.38 million) fund to invest in private technology, media and communication start-ups and diversify its business.

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India's $4 smartphone rings alarm bell on workers' conditions, campaigners say

MUMBAI (Thomson Reuters Foundation) - The Indian makers of a $4 smartphone hope its low price will allow millions of the poorest people to own a mobile phone in a market with only 10 percent penetration.

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Former U.S. Secret Service agent suspected in additional Bitcoin thefts

SAN FRANCISCO (Reuters) - A Secret Service agent who stole money seized by the government in the investigation of underground drug bazaar Silk Road is now suspected of stealing money in at least two other cases, according to court filings unsealed on Thursday.

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Brazil court blocks Facebook funds over WhatsApp dispute: report

RIO DE JANEIRO (Reuters) - A court in Brazil on Thursday blocked 19.5 million reais ($6.07 million) in Facebook Inc funds after the U.S-based social networking company's WhatsApp messaging service failed to turn over messages sought in a drugs case, the G1 news service said.

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Oracle ordered to pay HP $3 billion in Itanium case

SAN FRANCISCO (Reuters) - A California jury ordered Oracle Corp to pay Hewlett-Packard Enterprise Co $3 billion in damages in a case over HP's Itanium servers, an Oracle spokeswoman said on Thursday.

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Uber, Lyft settlement did not require either side to pay: sources

SAN FRANCISCO (Reuters) - A pitched legal battle between ride-hailing rivals Uber and Lyft, involving accusations of hacking and corporate spying, ended with a settlement this week that did not require either company to pay money, according to sources familiar with the agreement.

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Google's diversity efforts show scant progress

SAN FRANCISCO (Reuters) - Alphabet's Google on Thursday released data on its two-year-old initiative to create a more diverse U.S. workforce, saying it had more black, Latino and female employees but still lagged its goal of mirroring the population.

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U.S. opens investigation into fatal Tesla crash

(Reuters) - The U.S. National Highway Traffic Safety Administration said on Thursday it is opening a preliminary investigation into 25,000 Tesla Motors Model S cars after a fatal crash involving a vehicle using the "Autopilot" mode.

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Chipmaker Micron to cut jobs, reports drop in third-quarter sales

(Reuters) - Memory-chip maker Micron Technology Inc said it would implement a restructuring plan to lower costs by focusing on fewer projects, job cuts and other measures.

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U.S. judge requests more information on Uber driver settlement

SAN FRANCISCO (Reuters) - A U.S. judge on Thursday said ride service Uber [UBER.UL] and its drivers have failed to provide enough information for him to rule on a proposed settlement in a lawsuit over driver benefits.

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Ukraine central bank flagged cyber-attack in April: memo

KIEV (Reuters) - Ukraine's central bank urged lenders in April to review security procedures, saying thieves had attempted to steal money from a Ukrainian bank using fraudulent SWIFT transfers, according to a confidential message obtained by Reuters.

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Hertz signs rental deals with Uber and Lyft

(Reuters) - Hertz Global Holdings Inc said it has reached deals with the two largest U.S. ride-hailing companies, Uber Technologies Inc [UBER.UL] and Lyft Inc, to rent cars to their drivers.

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Uber driver data in Kenya helps bridge credit gap

NAIROBI (Reuters) - Sidian Bank has approved its first car loans to experienced Uber [UBER.UL] drivers in Kenya, using a model the ride hailing service hopes can be rolled out across countries in Africa where a lack of customer data limits lending.

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