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Bitcoin averts split as miners back new software upgrade

Bitcoin averts split as miners back new software upgrade

NEW YORK (Reuters) – Digital currency bitcoin on Friday averted a split into two currencies after its network supported an upgrade to its software that would enhance its ability to process an increasing number of transactions. Bitcoin’s miners have signaled their support for the so-called Bitcoin Improvement Proposal (BIP) 91, avoiding a split of bitcoin [...]

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Lyft accelerates efforts to develop self-driving cars

Lyft accelerates efforts to develop self-driving cars

SAN FRANCISCO (Reuters) – Lyft Inc has formed a self-driving car division, company executives said, a bold investment for the second-largest U.S. ride-services firm as it jockeys for position in the highly competitive autonomous vehicle race. The executives said on Thursday the company would soon open a facility in Palo Alto, California, that would eventually [...]

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FTC probing allegations of Amazon’s deceptive discounting

FTC probing allegations of Amazon’s deceptive discounting

WASHINGTON (Reuters) – As part of its review of Amazon’s agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, according to a source close to the probe. The FTC is probing a complaint brought by the advocacy group Consumer Watchdog, which looked at [...]

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