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Alphabet in talks to sell Skybox satellite business

  Bloomberg Alphabet Inc. is in talks to sell the Skybox Imaging satellite business it acquired for $500 million less than three years ago, another sign the technology giant is ratcheting back grand ambitions to blanket the globe with internet service. Planet, a satellite imaging startup former known as Planet Labs, may acquire Skybox, according to people familiar with the ...

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Snapchat picks London despite looming Brexit

  Reuters Messaging app Snapchat said it would make London the home of its international operations, delivering another vote of confidence in Britain’s tech standing as the country prepares to leave the European Union. The company, which has 150 million daily users globally, will book sales in countries where it has no local entity in Britain rather than routing them ...

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Microsoft, Qualcomm, Citi Join Israeli Cyber Syndicate

  Bloomberg Team8, founded by veterans of an elite Israeli intelligence unit to solve what they consider the world’s most pressing cybersecurity problems, welcomed Citigroup Inc. and the venture arms of Microsoft Corp. and Qualcomm Inc. into its syndicate. The group of military veterans, who have raised more than $92 million, plan to launch two companies this year. Existing portfolio ...

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