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News highlights for 9 November 2017 AT&T ready to litigate over Time Warner deal (Reuters) – AT&T Inc is ready to litigate if the U.S. Department of Justice blocks its $85.4 billion Time Warner Inc deal, Chief Executive Randall Stephenson said on Thursday. Read more… Asia fintech start ups wow investors in Hong Kong A […]
LISBON (Reuters) – People should worry about online data collection by technology companies because it gives them unparalleled insight into users lives, the creator of one of the biggest web browsers, Opera, said on Thursday. Jon von Tetzchner said the situation was already comparable to George Orwell’s dystopian novel ‘1984’, since “everyone is being followed […]
NEW YORK/WASHINGTON (Reuters) – U.S. antitrust regulators and AT&T Inc sparred on Wednesday over whether the wireless carrier would be required to sell Time Warner Inc’s CNN cable network as a condition of approval of its deal to buy the media company. The U.S. Department of Justice has demanded significant asset sales in order to […]
LISBON (Reuters) – The “remorseless” growth of cyber crime is leading to 4,000 ransom attacks a day and gangs’ technological capability now threatens critical parts of the financial sector, the head of Europol said on Wednesday. Online criminals have become so sophisticated that gangs have created “conglomerations” with company structures that specialize in different criminal […]
News highlights for 8 November 2017 Sprint will accelerate network investment after failed merger talks NEW YORK (Reuters) – Sprint Corp will accelerate investment in its network as it plots a future as a standalone company, its chief executive officer said on Wednesday, days after the No. 4 U.S. wireless carrier and rival T-Mobile US […]
MANILA (Reuters) – The outsourcing industry in the Philippines, which has dethroned India as the country with the most call centers in the world, is worried that the rise of artificial intelligence (AI) will eat into the $23 billion sector. AI-powered translators could dilute the biggest advantage the Philippines has, the wide use of English, […]
(Reuters) – Snap Inc is redesigning its disappearing-message app Snapchat in an attempt to reach a broader audience, going back to the drawing board as Wall Street clobbered it for another quarter of slowing user growth. The Venice, California-based firm, whose March stock market debut was the hottest of any tech stock in years, reported […]
FRANKFURT/BERLIN (Reuters) – Germany’s ruling conservatives oppose selling the state’s holding in Deutsche Telekom to raise billions of euros for a national broadband upgrade, preferring instead to divest stock in Deutsche Post, a senior source said. “Can we privatise companies to this end? Yes we can,” said the source, from Chancellor Angela Merkel’s Christian Democratic […]
News highlights for 7 November 2017 Twitter says it will roll out 280 character tweets (Reuters) – Microblogging website Twitter Inc, known for its iconic 140-character tweets, said on Tuesday it would roll out 280-character tweets to users across the world. Read more… StarHub and KT Kinetics launch supply chain robots StarHub and ST Kinetics […]
KATHMANDU (Reuters) – A bank in Nepal is the latest victim in a string of cyber heists targeting the global SWIFT bank messaging system, though most of the stolen funds have been recovered, two officials involved in the investigation confirmed on Tuesday. Hackers last month made about $4.4 million in fraudulent transfers from Kathmandu-based NIC […]
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