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Today's Technology Headlines
Bitcoin soars above $2,400 to all-time high
Wed, 24 May 2017 10:55:13 -0400
(Reuters) - Digital currency bitcoin hit a fresh record high on Wednesday, surging above $2,400, as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology.

NEW YORK (Reuters) - Facebook Inc has signed deals with millennial-focused news and entertainment creators Vox Media, BuzzFeed, ATTN, Group Nine Media and others to make shows for its upcoming video service, which will feature long and short-form content with ad breaks, according to several sources familiar with the situation.

MOSCOW (Reuters) - Russia's postal service was hit by Wannacry ransomware last week and some of its computers are still down, three employees in Moscow said, the latest sign of weaknesses that have made the country a major victim of the global extortion campaign.

JERUSALEM (Reuters) - Microsoft has agreed to acquire cyber security firm Hexadite for $100 million, Israeli financial news website Calcalist reported on Wednesday.

SAO PAULO (Reuters) - Japan's SoftBank Group Corp agreed to invest $100 million in Brazilian ride-hailing app 99, the startup said on Wednesday, capping off a fund-raising round totaling more than $200 million.

PRAGUE (Reuters) - Tech entrepreneurs in central and southeastern European, many of whom already have experience of launching their own businesses, are now having more success at enticing global investors the second time around.

HELSINKI (Reuters) - Finnish mobile game maker Supercell has acquired a majority stake in London-based game studio Space Ape, the British company said on its website.

TOKYO (Reuters) - SoftBank Group Corp said on Wednesday it plans to appoint heads of key overseas subsidiaries to the group's board of directors, as the Japanese firm's business focus moves away from its domestic market.

BEIJING (Reuters) - Germany has made good progress with China on how to introduce quotas aimed at producing more electric vehicles, Foreign Minister Sigmar Gabriel said on Wednesday, adding that more details needed to be worked out.

(Reuters) - Uber Technologies Inc [UBER.UL] said on Tuesday it underpaid its New York City drivers for the past two-and-a-half years, an error that could cost the ride-hailing company tens of millions of dollars.

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FINANCE NEWS
NEW YORK (Reuters) - Morgan Stanley, the biggest U.S. brokerage by head count, told brokers Tuesday ...
NEW YORK (Reuters) - U.S. interest rate futures ended higher on Wednesday as traders scaled back bet...
NEW YORK (Reuters) - Little known private colleges that are already struggling to grow their revenue...
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