Viacom's weak forecast shows need for merger: analysts

NEW YORK (Reuters) - Viacom Inc could gain a leg up in negotiations with distributors and ward off declines in U.S. ad revenue and sales by finding a merger partner, analysts said on Friday.

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Apple to launch watches that can make calls: Bloomberg

(Reuters) - Apple Inc plans to release a version of its smartwatch later this year that can connect directly to cellular networks, Bloomberg reported on Friday, citing people familiar with the matter.

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Volkswagen brand CEO says Tesla has abilities Volkswagen lacks

FRANKFURT (Reuters) - Volkswagen the world's largest carmaker by sales, is looking to loss-making startup Tesla for inspiration on how to improve its core business, the VW brand's chief executive Herbert Diess said in an interview published on VW's website.

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Tesla lowers price of Model X, saying margins improved

SAN FRANCISCO (Reuters) - Tesla Inc on Friday lowered the base price of its Model X SUV to $79,500 and said improving margins were behind the move, which came as the automaker is ramping up production of its new lower-priced Model 3.

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Google developing technology for Snapchat-like media content: Wall Street Journal

(Reuters) - Alphabet Inc's Google is developing technology to create media content along the lines of Snap Inc's "Discover" platform, the Wall Street Journal reported, citing people familiar with the matter.

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Uber knowingly rented out faulty cars, WSJ says; firm says problem fixed

SINGAPORE (Reuters) - Uber Technologies Inc [UBER.UL] knowingly rented its drivers defective cars at risk of catching fire, the Wall Street Journal reported on Friday, and the ride-hailing firm said it moved to fix the problem after one of the vehicles suffered a blaze.

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Elliott discloses NXP stake, to push for higher price in Qualcomm deal

(Reuters) - Activist investor Elliott Management Corp on Friday disclosed a 6 percent stake in chipmaker NXP Semiconductors NV and indicated it was pushing for a higher price tag in NXP's pending sale to Qualcomm Inc for $38 billion in cash.

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Chinese chatbots apparently re-educated after political faux pas

BEIJING/SHANGHAI (Reuters) - A pair of 'chatbots' in China have been taken offline after appearing to stray off-script. In response to users' questions, one said its dream was to travel to the United States, while the other said it wasn't a huge fan of the Chinese Communist Party.

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TIM says Vivendi's 'direction' role due to management change, JV

MILAN (Reuters) - Top investor Vivendi last month notified the board of Telecom Italia (TIM) that it was "directing and coordinating" the phone company because it planned to appoint one of its own managers at the Italian group, TIM said on Friday.

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Facebook offers tool to combat fake news in Kenya ahead of polls

NAIROBI (Reuters) - Facebook rolled out a tool this week to help Kenyan users spot fake news ahead of a hotly-contested presidential election that has seen supporters of rival candidates trade bitter words online.

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Source: Reuters