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By Eric Auchard, Jussi Rosendahl and Leila Abboud FRANKFURT/HELSINKI (Reuters) – Nokia is hiring software experts, testing new products and seeking sales partners as it plots its return to the mobile phone and consumer tech arena it abandoned with the sale of its handset business. Once the world's biggest maker of mobile phones, the Finnish firm was wrongfooted by the rise of smartphones and eclipsed by Apple and Samsung . It sold its handset business to Microsoft in late 2013 and has since focused squarely on making telecoms network equipment.

The Need for Industrial Cooling

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When most of us think of AC, we think of a cool breeze we receive while indoors during the hot summer months. You’re probably immediately grateful, too, as you try […]

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(Reuters) – Antitrust authorities in Europe failed to find evidence that Apple Inc's deals with record labels and online music streaming services are blocking rivals' access to its music streaming platform, Re/code reported, citing sources. The European Commission, the executive arm of the European Union, started an investigation in April and had sent out questionnaires to several record labels seeking information about their dealings with Apple. The investigation did not turn up evidence of any illegal activity, but the European Union will continue to monitor the market, the report said, citing sources.

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By Joseph Menn LAS VEGAS (Reuters) – Google Inc and Samsung Electronics Co will release monthly security fixes for Android phones, a growing target for hackers, after the disclosure of a bug designed to attack the world's most popular mobile operating system. The change came after security researcher Joshua Drake unveiled what he called Stagefright, hacking software that allows attackers to send a special multimedia message to an Android phone and access sensitive content even if the message is unopened. “We've realized we need to move faster,” Android security chief Adrian Ludwig said at this week's annual Black Hat security conference in Las Vegas.

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Time Warner Inc's shares fell as much as 9 percent after Walt Disney Co alarmed investors with a dour outlook for its cable business, suggesting that more people were switching to video-streaming from paid TV than previously expected. Disney's comments overshadowed Time Warner's strong quarterly results, which were boosted by a deal with video-streaming service Hulu and the release of “Batman: Arkham Knight” and “Mortal Kombat X” videogames. Today is the day after Disney spooked the sector with their comments that cord-cutting is worse than they thought.” Disney cut its profit forecast for its cable networks unit on Tuesday, citing a decline in subscribers.

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By Se Young Lee SEOUL (Reuters) – For four years Samsung Electronics Co Ltd has basked in the success of its Galaxy smartphones, making billions of dollars competing with Apple Inc in the premium mobile market. The coming years are set to be more somber for the South Korean tech giant, as it is forced to slash prices and accept lower margins at its mobile division in order to see off competition from rivals including China's Huawei Technologies Co Ltd and Xiaomi Inc in the mid-to-low end of the market. Behind Samsung's reality-check is the fact it is stuck with the same Android operating system used by its low-cost competitors, who are producing increasingly-capable phones of their own.

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The chief executive of BMW hinted in a German paper that there was potential for another of its “i” electric car models. “Between the i3 and the i8, there is space if you look at it from the number point of view,” Harald Krueger told Frankfurter Allgemeine Sonntagszeitung, when asked if he was planning new models. Krueger also said BMW was in regular contact with major technology companies, including Apple, over connected cars.

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Mark Karpeles, the former head of defunct bitcoin exchange Mt. Gox, was arrested on Saturday in connection with the disappearance of hundreds of millions of dollars worth of the virtual currency, Japanese media reports said. The French-born Karpeles, 30, is suspected of falsifying data on the outstanding balance of the exchange, at one point the world's largest hub for trading the digital currency, they added. When it filed for bankruptcy in February 2014, Mt. Gox said 750,000 customer bitcoins and another 100,000 belonging to the exchange were stolen due to a software security flaw.

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By Julia Fioretti BRUSSELS (Reuters) – Google Inc is refusing to bow to an order from the French privacy watchdog to scrub search results worldwide when users invoke their “right to be forgotten” online, it said on Thursday, exposing itself to possible fines. The French data protection authority, the CNIL, in June ordered the search engine group to de-list on request search results appearing under a person's name from all its websites, including Google.com. Google complied with the ruling and has since received more than a quarter of a million removal requests, according to its transparency report.

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China's Alibaba Group Holding Ltd said on Wednesday it would invest $1 billion into its Aliyun cloud computing arm to challenge Amazon.com Inc's lucrative Web Services division, opening a global front in the battle between the two e-commerce giants. With the global cloud computing market estimated by analysts to be worth about $20 billion, Alibaba said in a statement the investment would go toward setting up new Aliyun data centers in the Middle East, Singapore, Japan and Europe. Although Alibaba and Amazon have so far avoided competing directly in their core business of e-commerce outside China, Aliyun's international expansion takes aim squarely at Amazon Web Services (AWS), an increasingly central and profitable division of the Seattle-based company.