Facebook, Twitter face U.S. Congress over politics and the internet

Top Twitter Inc and Facebook Inc executives will defend their companies before U.S. lawmakers on Wednesday, with Facebook insisting it takes election interference seriously and Twitter denying its operations are influenced by politics.

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Instagram building a standalone shopping app for users: The Verge

Facebook Inc's Instagram is working on building a new standalone shopping app, from which users can browse through goods and buy them directly, the Verge reported, citing two people familiar with the matter.

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Amazon joins $1 trillion club, on pace to overtake Apple

Amazon.com Inc on Tuesday joined Apple Inc to become the second $1 trillion publicly listed U.S. company after its stock price more than doubled in a year as it grew rapidly in retail and cloud computing.

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Mercedes unveils electric car in direct German challenge to Tesla

Mercedes showed on Tuesday how it is "aggressively" gunning for top spot in upscale battery cars market currently dominated by Tesla, as it unveiled the EQC, its first fully electric car, at an event in Stockholm.

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Zara owner Inditex to sell all its brands online by 2020

Inditex, the world's largest clothing retailer and owner of the Zara chain, said on Tuesday it would sell products from all its brands on the Internet around the world by 2020, including in markets where it does not have any stores.

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Germany seeks to curb internet giants' dominance

Germany, seeking to rein in internet giants like Google and Facebook , plans to bolster the powers of its competition watchdog to prevent such companies from becoming monopolies even before they achieve scale.

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Facebook expands Menlo Park headquarters

Facebook Inc opened its newest building at its Menlo Park headquarters as the world's largest social network continues to hire aggressively to support its scorching growth.

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Amazon eyes Chilean skies as it seeks to datamine the stars

Amazon.comĀ is in talks with Chile to house and mine massive amounts of data generated by the country's giant telescopes, which could prove fertile ground for the company to develop new artificial intelligence tools.

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Electric Mercedes opens German assault on Tesla

Mercedes-Benz is set to unveil its much-anticipated electric SUV on Tuesday, marking the start of a German onslaught against Tesla's dominance of the fast-growing market for premium battery cars.

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EU aims at deal on digital tax by year end: document

European Union finance ministers will this week discuss proposals to adopt a tax on companies' digital turnover by the end of the year, a document prepared by the Austrian presidency of the bloc said.

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China's Didi taking new safety steps, to temporarily halt some late night mainland services

Chinese ride-hailing firm Didi Chuxing Technology Co Ltd said on Tuesday it will implement new measures to improve the safety of its platform and will temporarily halt some late-night services in mainland China between Sept. 8 and Sept. 15 as it phases in the measures.

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China lures chip talent from Taiwan with fat salaries, perks

A huge pay rise, eight free trips home a year and a heavily subsidized apartment. It was a dream job offer that a Taiwanese engineer simply could not refuse.

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Indonesia's Go-Jek to partner with peer-to-peer lending firms

Indonesian ride-hailing and online payment company Go-Jek said on Tuesday it will partner with three peer-to-peer (P2P) lending firms as the startup looks to expand its financial technology services in Southeast Asia's biggest economy.

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China explores merger of carriers China Unicom, China Telecom: Bloomberg

The Chinese government is exploring a merger of two of the nation's top wireless carriers to speed up the development of 5G mobile services, Bloomberg reported on Tuesday, citing people familiar with the matter.

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In India, Google races to parry the rise of Facebook

Google retains only a slight lead over Facebook in the competition for digital ad dollars in the crucial India market, sources familiar with the figures say, even though the search giant has been in the country far longer and has avoided the controversies that have dogged its rival.

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Japan's Line raising $1.3 billion via convertible bonds for money businesses

Japan's Line Corp is raising around 148.1 billion yen ($1.33 billion) through convertible bonds to fund the popular chat app operator's aggressive expansion in the financial services business.

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China explores merging China Unicom, China Telecom: Bloomberg

The Chinese government is exploring a merger of two of the nation's top wireless carriers to speed up the development of 5G mobile services, Bloomberg reported on Tuesday, citing people familiar with the matter.

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Amazon India unveils Hindi website, app in battle with Flipkart

Amazon.com on Tuesday launched a Hindi version of its mobile website and app for Android smartphones in a bid to make deeper inroads into India's fast-growing e-commerce market, stepping up its battle with Walmart's Flipkart unit.

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Some Facebook, Whatsapp, Instagram users face temporary outage

Facebook Inc on Monday said a technical problem prevented some users from accessing and posting on the social network as well as messaging app Whatsapp and Instagram, and it had mostly fixed the issue.

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Facebook blocked in Tripoli and other cities as fighting rages: residents

Facebook has been blocked in the Libyan capital of Tripoli and other cities, residents said on Monday as fighting between rival groups raged.

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Source: Reuters