YouTube to support virtual reality video on its app

By Deborah M. Todd SAN FRANCISCO (Reuters) – YouTube announced two new features Thursday for its Android app that expand the video site's use of virtual reality, giving the new technology its biggest platform yet. The app now supports VR video – a format that gives viewers what the company says are more realistic 360-degree perspectives of films.

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BlackBerry Priv wins plaudits, but price tag questioned

By Euan Rocha TORONTO (Reuters) – BlackBerry Ltd launched its first Android-based device on Friday, with the future of the company's hardware business riding on a slick smartphone called Priv that boasts an impressive array of features and a hefty price tag. The company is betting the Priv's large curved screen, full array of Android apps from the Google Play store and blend of productivity and security features will help it rebuild its share of the smartphone market, which has slid to under one percent. With hacking and data theft issues becoming a bigger concern these days, BlackBerry expects keen interest in its pre-loaded DTEK feature that alerts users every time any app attempts to access data, or turn on the phone's microphone or camera

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Swedbank website down in hacker attack

Swedbank's Swedish website has stopped working after a hacker attack and cannot be reached by its customers, a spokesman said on Friday. The attack means that customers cannot conduct online transactions or contact the bank through the Internet although mobile applications and payments continue to function, Swedbank spokesman Claes Warren said. The website was also hit by a hacker attack in October.

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German private-sector watchdog accuses Zalando of false advertising

A German private-sector competition watchdog has filed for an injunction against online fashion retailer Zalando, it said on Thursday, accusing the group of false advertising. The Centre for Protection against Unfair Competition said in a statement that Zalando had in its online shop misrepresented how many pieces of certain items of clothing were still available, creating the impression that customers needed to act fast to buy them.

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Telus profit, revenue rise; eyes cost cuts as wireless slows

By Alastair Sharp TORONTO (Reuters) – Telus Corp , one of Canada's three big telecoms providers, reported a 4.2 percent rise in quarterly revenue on Thursday as wireless growth slowed and it eyed cost savings.

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China’s JD.com says watchdog accepts request for probe into rival Alibaba’s practices

A Chinese regulator has formally accepted a request by JD.com, the country's second-biggest online retailer, to investigate its rival Alibaba Group Holding Ltd for possible unfair practices during promotions, JD.com's official microblog said on Thursday. Alibaba, China's biggest e-commerce firm, has previously denied accusations outlined in a JD.com letter to the State Administration for Industry and Commerce (SAIC) in the run-up to Nov

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China’s JD.com says watchdog accepts request for probe into rival Alibaba’s practices

A Chinese regulator has formally accepted a request by JD.com, the country's second-biggest online retailer, to investigate its rival Alibaba Group Holding Ltd for possible unfair practices during promotions, JD.com's official microblog said on Thursday. Alibaba, China's biggest e-commerce firm, has previously denied accusations outlined in a JD.com letter to the State Administration for Industry and Commerce (SAIC) in the run-up to Nov. 11 'Singles' Day' promotions, the biggest online shopping day of the year in China

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