Ferrari bets on tobacco veteran in post-Marchionne era

Ferrari's new boss Louis Camilleri has big shoes to fill but the tobacco industry veteran may have just what is needed to steer the luxury sportscar maker through its next lap, analysts and industry insiders said.

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Spotify's music industry liaison Troy Carter to depart

Troy Carter, who acted as a bridge between Sweden-based Spotify Technology SA and the recorded music industry, will leave the company in early September but remain in an advisory role, Spotify said on Monday.

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Robot hand learns real world moves in virtual training

Researchers backed by Tesla Inc founder Elon Musk and Silicon Valley financier Sam Altman have found a novel way to use software to teach a human-like robotic hand new tasks, a discovery that could eventually make it more economical to train robots to do things that are easy for humans.

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Uber to stop developing self-driving trucks

Uber [UBER.UL] will stop developing self-driving trucks that have been hauling cargo on U.S. highways, the ride-hailing company said on Monday, seeking to focus its autonomous-vehicle technology solely on cars.

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Nokia, T-Mobile US agree $3.5 billion deal, world's first big 5G award

T-Mobile US named Nokia to supply it with $3.5 billion in next-generation 5G network gear, marking the world's largest 5G deal so far and solid evidence of a new wireless upgrade cycle starting to take root.

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U.S. eases export controls for high-tech sales to India: Ross

The United States has eased export controls for high technology product sales to India, granting it the same access as NATO allies, Australia, Japan and South Korea, U.S. Commerce Secretary Wilbur Ross said on Monday.

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Bitcoin slips below $8,000 as investors step away from risk

Bitcoin briefly fell below $8,000 on Monday as investors scaled back their exposure to cryptocurrenices, after a sell-off in shares of technology and internet companies spilled over into other risky assets.

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Taxi strike targeting Uber brings chaos to Spanish cities

Spanish taxi drivers blocked major city streets including Barcelona's Gran Via and Madrid's Castellana on Monday in a protest to pressure the government to curb licences to online ride-hailing services such as Uber.

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Tesla explores building Gigafactory in Europe - WSJ

Tesla Inc is in talks with authorities in Germany and the Netherlands to build its first major European factory, the Wall Street Journal reported on Monday, citing officials involved in the talks.

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India looking to compel e-commerce, social media firms to store data locally

India is considering asking e-commerce and social media firms to exclusively store customer data locally, a move that could affect global giants that operate in the country such as Amazon, Facebook and its messaging service WhatsApp.

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Nokia, T-Mobile US agree $3.5 billion deal, world's first big 5G award

T-Mobile US named Nokia to supply it with $3.5 billion in next-generation 5G network gear, the firms said on Monday, marking the world's largest 5G deal so far and concrete evidence of a new wireless upgrade cycle taking root.

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Germany plans crackdown on online shopping tax fraud

Germany is planning tougher rules for online shopping platforms to help combat sales tax fraud that is estimated to cost the country hundreds of millions of euros in lost revenue, a finance ministry spokeswoman said on Monday.

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CLS, IBM and banks test blockchain app store

Foreign exchange settlement provider CLS, IBM and nine financial institutions, including Barclays Plc and Citigroup Inc, are testing a platform to access blockchain-based applications, the companies said on Monday.

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