Sony's sets record with three-fold jump in first quarter operating profit

TOKYO (Reuters) - Japan's Sony Corp on Tuesday reported its highest-ever first-quarter operating profit, taking the electronics giant one step toward its highest annual profit in two decades on the back of solid sales of image sensors.

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Ukraine finally battens down its leaky cyber hatches after attacks

KIEV (Reuters) - When the chief of Microsoft Ukraine switched jobs to work for President Petro Poroshenko, he found that everyone in the office used the same login password. It wasn't the only symptom of lax IT security in a country suffering crippling cyber attacks.

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Seed funding slows in Silicon Valley

SAN FRANCISCO, August 1 (Reuters) - The bloom is off seed funding, the business of providing money to brand-new startups, as investors take a more measured approach to financing emerging U.S. technology companies.

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S&P 500 to exclude Snap after voting rights debate

NEW YORK (Reuters) - The S&P 500 will start excluding companies that issue multiple classes of shares, managers of the index said on Monday, a move that effectively bars Snap Inc after its decision to offer stock with no voting rights.

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Bitcoin technology faces split, may create clone virtual currency

NEW YORK (Reuters) - Bitcoin's underlying software code could be split on Tuesday to create a clone called "Bitcoin Cash," potentially providing a windfall for holders of the digital currency.

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Pandora Media's revenue beats on advertising boost

(Reuters) - Pandora Media Inc reported better-than-expected quarterly revenue as advertisers spent more on the online music streaming service amid stiff competition.

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Republicans want tech input on U.S. net neutrality legislation

WASHINGTON (Reuters) - A U.S. congressional committee on Monday asked for input from Google parent Alphabet Inc , Facebook Inc , Comcast Corp , Amazon.com Inc and other major companies on a proposed rewrite of rules governing consumer internet access, according to an email reviewed by Reuters.

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Music streaming company Spotify has 60 million paying subscribers

(Reuters) - Spotify now has 60 million paying subscribers, adding 10 million subscribers in less than five months, a spokeswoman for the music streaming company said on Monday.

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HBO says data hacked, media says 'Game of Thrones' targeted

NEW YORK (Reuters) - U.S. cable channel HBO said on Monday that hackers had stolen upcoming programming, and Entertainment Weekly reported that the theft included a script for an unaired episode of the hit fantasy show "Game of Thrones."

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Lyft appoints former Obama adviser to board

(Reuters) - Ride-hailing company Lyft Inc said on Monday it appointed Valerie Jarrett, an adviser to former President Barack Obama, to its board.

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FireEye researcher hacked; firm says no evidence its systems hit

SINGAPORE/FRANKFURT (Reuters) - Cyber security firm FireEye said on Monday one of its researchers based in Israel had several of his online accounts hacked by unknown attackers, but added the breach did not appear to involve any company systems.

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Apple fails to end lawsuit claiming it 'broke' FaceTime

(Reuters) - Apple Inc has failed in its bid to dismiss a lawsuit claiming it disabled the popular FaceTime video conferencing feature on older iPhones to force users to upgrade.

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Snap's shares slide 3 percent in premarket trading as lockup ends

NEW YORK (Reuters) - Shares of Snap Inc , owner of the Snapchat messaging app, fell 3 percent in premarket trading on Monday as a share lockup ended, allowing for sales by early investors and pushing it further below its March initial public offering price.

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