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Confident Snap brushes off concerns on second day of IPO roadshow

NEW YORK Snap Inc, owner of popular messaging app Snapchat, fended off investor skepticism on the second day of its IPO roadshow on Tuesday, betting on the charisma of CEO Evan Spiegel, 26, whom it introduced as a "once in a generation founder." | Video

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UPS tests drone deliveries, eyes future price changes

Package delivery company United Parcel Service Inc said on Tuesday it will consider raising prices across the board in coming years to offset pressure on margins, particularly from the rising costs of delivering packages to e-commerce customers.

U.S., Feb 21 2017

Toshiba seeks $8.8 billion for chip unit stake as banks fret over risks

TOKYO Japan's Toshiba Corp wants to raise at least 1 trillion yen ($8.8 billion) by selling most of its flash memory chip business, seeking to create a buffer for any fresh financial problems, a source with direct knowledge of the matter said.

BMW, Mobileye in deal to collect map data for self-driving cars

JERUSALEM Israel's Mobileye and German automaker BMW said on Tuesday they signed an agreement to install Mobileye's data generation technology in BMW cars starting with 2018 models.

Feb 21 2017

EU privacy watchdogs say Windows 10 settings still raise concerns

BRUSSELS European Union data protection watchdogs said on Monday they were still concerned about the privacy settings of Microsoft's Windows 10 operating system despite the U.S. company announcing changes to the installation process.

Feb 20 2017

Toshiba wants to pick preferred bidder for chip unit sale by May: source

TOKYO Toshiba Corp wants to pick the preferred bidder or bidders for a majority stake in its chip unit by the end of May and will hold the first round of bids next month, a source with knowledge of the plan said.

Deals Feb 21 2017

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