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FEops Closes EUR 6 Million Series B Financing

PRESS RELEASE: GENT, Belgium–(BUSINESS WIRE)–September 22, 2017– FEops, a leader in personalized computer modeling for structural heart interventions, announced today that it has secured a 6 million euros investment, led by Valiance, and joined by existing investors Capricorn and PMV. The funding will be used to aggressively implement the company’s product roadmap, centered around FEops […]

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SolarCity to pay $29.5 million to resolve U.S. government allegations

WASHINGTON (Reuters) – SolarCity has agreed to $29.5 million to settle U.S. allegations that it had violated federal law “by submitting inflated claims” to the federal government, the U.S. Justice Department said in a statement on Friday.

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Star Trek: Timelines is adding content from the new Discovery show

Developer Disruptor Beam announced today that it is bringing characters, ships, and stories based on Star Trek: Discovery to its mobile and PC game Star Trek: Timelines. Star Trek: Discovery is the first new show in the franchise since Enterprise went off the air in 2005. The new content will come out at the same […]

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Exclusive: VW moves to secure cobalt supplies in shift to electric cars

LONDON (Reuters) – Germany’s Volkswagen is moving to secure long-term supplies of cobalt, a vital component of rechargeable batteries, as the group accelerates its ambitious shift to electric cars.

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Uber stripped of London license, plans to appeal

LONDON (Reuters) – London stripped Uber on Friday of its license to operate from the end of next week in a huge blow to the taxi service and 3.5 million users in one of the world’s wealthiest cities.

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Food ordering company Olo ties up with Amazon Restaurants

(Reuters) – Online food ordering company Olo said on Friday it has tied up with retailer Amazon.com Inc’s restaurant delivery service.

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At smartphone pioneer HTC: a new, or virtual, reality

TAIPEI/SINGAPORE (Reuters) – When HTC Corp brought back founder Cher Wang two years ago to turn around the struggling Taiwanese mobile phone maker, investors hoped she could stem a sharp loss in market share to Apple and Samsung Electronics .

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Microsoft and Facebook’s 4,000-mile transatlantic internet cable Marea is now complete

A new subsea cable connecting North America with mainland Europe has been completed, promising to meet the growing demand for cloud services with a capacity of 160 terabits per second The 6,600km (4,000 miles) transatlantic cable, nicknamed Marea, lies more than 17,000 feet below the Atlantic and runs from Virginia Beach, Virginia, all the way through to Bilbao […]

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Wal-Mart tests delivering groceries straight to fridge

(Reuters) – Wal-Mart Stores Inc said on Friday it was testing a service in the Silicon Valley to deliver groceries straight to customers’ refrigerators as it looks to gain an edge over Amazon.com.

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Hewlett Packard Enterprise to cut 10% of its employees, continuing its extraordinary layoff legacy

ANALYSIS: CEO Meg Whitman may not have created the culture of layoffs at Hewlett-Packard, but she has embraced the practice with gusto since ascending to the captain’s chair in 2011. And now it appears she’s ready to put a few more notches in her layoff belt. According to Bloomberg, Hewlett Packard Enterprise is set to […]

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