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TECHNOLOGY NEWS

Reuters shifts Palo Alto ops

Reuters is to move the support and development for most of the products supported by its Palo Alto, California centre -- primarily FX systems -- to Bangkok, Paris and New York, while retaining a small group of IT staff in Palo Alto.

An internal memo from David Green, senior site official at Reuters’ Palo Alto centre confirmed rumours of the closure (FX Week, July 1) and encouraged staff to transfer to the above locations. There will also be a small number of temporary

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