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News highlights for 16 October 2017 Battery startup taps carbon in race to replace lithium-ion cells DETROIT (Reuters) – In an auto industry race to develop electric vehicle batteries that charge faster and are cheaper and safer than lithium-ion cells, startup Zap&Go will do all that with its carbon-ion alternative ‘within a few years’, a […]
TORONTO (Reuters) – Adobe Systems Inc warned on Monday that hackers are exploiting vulnerabilities in its Flash multimedia software platform in web browsers, and the company urged users to quickly patch their systems to prevent such attacks. The warning came after cyber security firm Kaspersky Lab Inc said a group it was tracking, BlackOasis, used […]
(Reuters) – T-Mobile U.S. Inc and Sprint Corp plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according to people familiar with the matter. While it is common for companies not […]
NEW YORK (Reuters) – The U.S. Internal Revenue Service has temporarily suspended a contract worth more than $7 million it recently awarded to Equifax Inc following a security issue with the beleaguered credit reporting agency’s website on Thursday. Equifax, which disclosed last month that cyber criminals breached its systems between mid-May and late July and […]
News highlights for 15 October 2017 Oi’s bondholders demand a meeting SAO PAULO (Reuters) – A group of bondholders that are Oi SA’s largest creditors demanded on Sunday that the company’s top executives meet them as soon as possible to renegotiate a debt plan. Read more… Tesla fires hundreds of employees Reuters) – Luxury electric […]
NEW YORK (Reuters) – U.S. investors including Digital Currency Group have taken part in a pre-sale of basecoin, a crypto-currency to be created by three Princeton University computer science graduates, Intangible Labs CEO and co-founder Nader Al-Naji said. The other investors in Intangible Labs’ basecoin include Bain Capital Ventures, Andreessen Horowitz, and AngelList CEO Naval […]
PARIS (Reuters) – Business travellers to France are in the sights of online rental marketplace Airbnb, according to a senior official on Thursday at the company best known for hosting holidaymakers. Airbnb For Business was launched in 2015 for companies looking for new and cheaper ways to accommodate staff on business trips and for Airbnb […]
NEW YORK (Reuters) – AT&T Inc’s third-quarter video losses sent pay-TV industry shares down on Thursday after Wall Street analysts raised concerns about the continued threat of consumers cancelling their cable and satellite television subscriptions. The No. 2 U.S. wireless carrier, which owns satellite television service DirecTV, said in a filing on Wednesday that it […]
News highlights for 12 October 2017 Fidelity testing VR for customer service training NEW YORK (Reuters) – Fidelity Investments is testing virtual reality technology to train customer service representatives in its call centers across the United States. Read more… OTT video becoming huge in APAC, driven by content OTT video is expected to witness further […]
LONDON (Reuters) – The World Economic Forum is bringing insurers, tech firms and governments together to find ways to tackle risks from new technology such as drones and driverless cars, it said on Thursday. Tech firms have moved fast to develop new products, but assigning liability – who is responsible for any accidents or losses […]
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