Exclusive: Western Digital offers to exit Toshiba chip bid for better JV terms

TOKYO (Reuters) - Western Digital Corp has offered to drop out of a group bidding for Toshiba's coveted flash memory chip business to take a stronger position in their joint venture instead, two sources familiar with the matter said on Tuesday.

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HP Enterprise revenue beats on higher demand for networking devices

(Reuters) - Data center technology company Hewlett Packard Enterprise Co reported a better-than-expected quarterly revenue, helped by higher sales for its networking equipment.

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Facebook takes the next step to monetize WhatsApp: WSJ

(Reuters) - Facebook Inc is gearing up to make money from WhatsApp, the messaging service used by more than a billion people every day, the Wall Street Journal reported on Tuesday.

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'Angry Birds' maker Rovio plans IPO to spur growth, M&A

HELSINKI (Reuters) - "Angry Birds" maker Rovio Entertainment Ltd is moving ahead with a long-awaited initial public offering to help fund new games and deals in a consolidating industry, it said on Tuesday.

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Regulation of digital coin offerings needed for healthy market: China central bank adviser

BEIJING (Reuters) - It is the interest of the long-term development of blockchain technologies for the rapidly growing market for fundraising through the issue of digital currencies to be regulated, an adviser to China's central bank said on Tuesday.

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Facebook's pricey cricket bid shows appetite for big sports events

(Reuters) - Facebook Inc's $600 million losing bid to buy the streaming rights to a hugely popular cricket tournament in India shows the social network is willing to spend big bucks for high-profile sporting events to keep users engaged on its platform.

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Deutsche Boerse invests in U.S. 'regtech' startup: source

NEW YORK (Reuters) - German exchange operator Deutsche Boerse Group has participated in a $5 million equity investment in RegTek.Solutions Inc, a U.S. startup providing software to help financial firms comply with trading regulations, according to a source familiar with the situation.

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Fintech pushes EU to explore changes to bank software rules

BRUSSELS (Reuters) - European Union banks facing increasing competition from financial technology firms could find it easier to invest in software under rule changes being discussed with regulators.

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Lenovo settles charges it sold laptops with compromised user security

WASHINGTON (Reuters) - Lenovo Inc, a major laptop maker, has agreed to pay $3.5 million and make changes in how it sells laptops in order to settle allegations it sold devices with pre-loaded software that compromised users' security protections.

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Amazon fears sink Blackstone's $2.8 billion Australian mall sale

SYDNEY (Reuters) - Private equity giant Blackstone Group has called off the sale of its A$3.5 billion ($2.8 billion) Australian shopping mall portfolio, a source said, as the looming arrival of Amazon.com spooks buyers of bricks-and-mortar stores.

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Source: Reuters