U.S. appeals court hears challenge to net neutrality rules

By David Shepardson WASHINGTON (Reuters) – A U.S. appeals court heard arguments on Friday over the legality of the Federal Communications Commission's net neutrality rules, in a case that may ultimately determine how consumers get access to content on the Internet. The fight is the latest battle over Obama administration rules requiring broadband providers to treat all data equally, rather than giving or selling access to a so-called Web “fast lane.” A three-judge panel, in a hearing that lasted over three hours, questioned lawyers for the FCC and broadband backers about whether the FCC properly extended the sweeping authority it has to regulate telecommunications to Internet service providers

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EU member states agree higher fines for firms for privacy violations

By Julia Fioretti BRUSSELS (Reuters) – Businesses operating in the European Union could be fined up to 4 percent of their annual global turnover for breaching data protection rules under a proposal agreed on Wednesday. The EU is negotiating a data protection law to replace a patchwork of national laws dating back to 1995, aiming to set clearer limits on how companies can use EU citizens’ private data and beef up regulators’ enforcement powers. Under the current system, not all national regulators have the power to levy fines, and when they do the amounts are often paltry compared with the revenues of some of the companies affected, particularly big U.S.

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AppDynamics raises $158 million, showing interest in late-stage financing

SAN FRANCISCO (Reuters) – AppDynamics, a maker of software to manage and analyze applications, has raised $158 million from investors, showing that some highly valued companies are still earning investor enthusiasm despite indications of a pullback in late-stage venture capital. The new funding round, announced by the company on Monday, puts AppDynamics total financing at roughly $450 million

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Florida ‘Facebook killer’ found guilty of second-degree murder

A jury on Wednesday found a Florida man guilty of second-degree murder after he killed his wife and posted a photo of her blood-spattered body on Facebook. Jurors rejected the argument that Derek Medina, 33, acted in self-defense when he shot 27-year-old Jennifer Alfonso eight times in August 2013 at their Miami-area residence, according to a circuit court spokeswoman in Miami-Dade County.

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Tegna CEO looks to rejuvenate local TV

Tegna Inc, the broadcast and digital company that split from Gannett Co Inc earlier this year, has assembled a group of employees to make local broadcast television, including news, more interesting to a younger audience. The McLean, Virginia-based company is also trying to create more original programming and discussing ways to better integrate its lineup with social media, Chief Executive Officer Gracia Martore told Reuters earlier this month

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UK police make fifth arrest in TalkTalk hack inquiry

An 18-year-old youth from Wales who was detained on Tuesday in the fifth arrest connected to a cyber attack on telecoms company TalkTalk was bailed on Wednesday pending further investigations, police said in a statement. Police searched an address in the town of Llanelli on Tuesday and took the youth into custody on suspicion of blackmail. TalkTalk said on Oct

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Minneapolis police arrest two in shooting of Black Lives Matter protesters

By David Bailey and Todd Melby MINNEAPOLIS (Reuters) – Minneapolis police said on Tuesday they have arrested a 23-year-old white man and a 32-year-old Hispanic man over the shooting of five people near a city police station where demonstrators have gathered for more than a week to protest the killing of an unarmed black man by officers. The younger suspect was arrested around 11:20 a.m

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DraftKings hires Exiger to review financial controls, compliance

Daily fantasy sports company DraftKings said on Tuesday it hired regulatory risk and compliance firm Exiger to conduct a review of its financial, operational, compliance and risk controls, as the company and its top competitor, FanDuel, have come under fire from state and federal regulators.

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Sassy woman or machine? Tech giants divided over digital assistants

By Julia Love and Yasmeen Abutaleb SAN FRANCISCO (Reuters) – When users ask Siri, Appleā€™s digital assistant, what she likes to drink, she is quick with an answer. What's your favorite drink?” As the tech giants race to build ever better artificial intelligence platforms, they are obsessing over the nuances of their digital assistants' personalities.

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