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News highlights – 14 September 2017

News highlights – 14 September 2017

Written by on September 15, 2017 in News with 0 Comments

News highlights for 14 September 2017 Bain adds Dell to its Toshiba consortium TOKYO (Reuters) – Bain Capital, now in the lead to buy Toshiba Corp’s prized memory chip unit, said on Friday it has brought in Dell Inc and other tech firms as new members of its consortium to bolster its bid. Read more… […]

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Mapping company HERE expands to drones, robotics

Mapping company HERE expands to drones, robotics

Written by on September 15, 2017 in News with 0 Comments

FRANKFURT (Reuters) – HERE, the digital mapping company controlled by Germany’s premium carmakers, aims to expand its business not only to offer navigation for self-driving cars but also drones and advanced robotics, Chief Executive Edzard Overbeek told Reuters. “We are expanding our strategy not just in autonomous driving but also in autonomous things,” Overbeek said […]

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Equifax aftershocks continue, CEO to testify to Congress

Equifax aftershocks continue, CEO to testify to Congress

Written by on September 14, 2017 in News with 0 Comments

NEW YORK/WASHINGTON (Reuters) – Nearly 40 states have joined a probe of Equifax Inc’s handling of a massive data breach that exposed valuable information on up to 143 million Americans and sent shares of the credit reporting company tumbling. Congress is also probing the hack, and Equifax’s chief executive, Richard Smith, is expected to testify […]

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News highlights – 13 September 2017

News highlights – 13 September 2017

Written by on September 14, 2017 in News with 0 Comments

News highlights for 13 September 2017 Google to launch mobile payment service in India (Reuters) – Google plans to introduce a localized digital payment service in India as early as next week, technology website TechCrunch reported, citing a report from news site The Ken. The payment service is called Google ‘Tez’. Read more… The decision […]

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iPhone buyers may find fewer deals in saturated market

iPhone buyers may find fewer deals in saturated market

Written by on September 14, 2017 in News with 0 Comments

(Reuters) – U.S. consumers who want Apple Inc’s newest iPhones, including its most expensive model yet, the iPhone X, may find fewer deals as wireless carriers are less willing to offer subsidies on devices in a saturated market. New phone launches have long offered carriers a chance to gain market share by offering incentives such […]

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BT signals that the bill is not dead, it just needs adjusting

BT signals that the bill is not dead, it just needs adjusting

Written by on September 13, 2017 in News with 0 Comments

The debate over whether the bill is dead took an interesting turn today as BT Group chooses Brite:Bill as its billing communications platform provider. The aim, according to BT Group is to transform customer invoices into personalised, interactive communications delivered in the channel of the customer’s choice. Billing communications will be customised with an engaging […]

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Bitcoin slammed as a fraud: beginning of the end for cryptocurrencies?

Bitcoin slammed as a fraud: beginning of the end for cryptocurrencies?

Written by on September 13, 2017 in Features, News with 0 Comments

NEW YORK (Reuters) – Bitcoin “is a fraud” and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co, said on Tuesday. Speaking at a bank investor conference in New York, Dimon said, “The currency isn’t going to work. You can’t have a business where people can invent a currency out of thin […]

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UK financial watchdog warns of risk of investing in ICOs

UK financial watchdog warns of risk of investing in ICOs

Written by on September 13, 2017 in News with 0 Comments

LONDON (Reuters) – Start-ups aiming to raise funds through the issuance of new digital currencies, via so-called initial coin offerings (ICOs), welcomed on Tuesday a warning on the “very high risk” of such investments from Britain’s financial watchdog. The Financial Conduct Authority (FCA) warned consumers that they must be conscious of risks involved in ICOs […]

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News highlights – 12 September 2017

News highlights – 12 September 2017

Written by on September 13, 2017 in News with 0 Comments

News highlights for 12 September 2017 Apple Watch now brings comic stories alive, will drive sales CUPERTINO, Calif. (Reuters) – More than two years after releasing the Apple Watch, Apple Inc has finally been able to replicate 1940s comic strip technology, an advance that analysts say will spur sales. Read more… China on the road […]

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Will the iPhone X catapult Apple valuation above $1 trillion?

Will the iPhone X catapult Apple valuation above $1 trillion?

Written by on September 13, 2017 in News with 0 Comments

(Reuters) – At around $830 billion, Apple Inc’s stock market value on the day of its newest iPhone launch towers over its next-largest rival and has Wall Street asking: Will it be the first listed company to crack the Big T? If history is any guide, the unveiling on Tuesday of the iPhone X – […]

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