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News highlights – 9 May

News highlights – 9 May

Written by on May 10, 2017 in News with 0 Comments

News highlights for 9 May Blockchain tech gets the attention of the Fed WASHINGTON (Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari said on Tuesday that blockchain technology has more potential for being adopted in the future than bitcoin itself. Read more… ‘Throttling’ claims against AT&T to be reheard WASHINGTON (Reuters) – U.S. government […]

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Amazon launches Echo Show, video calling and CNN clips

Amazon launches Echo Show, video calling and CNN clips

Written by on May 10, 2017 in News with 0 Comments

(Reuters) – Amazon.com Inc launched Echo Show, a touchscreen device that will allow users to video call and watch clips from CNN, the latest in the company’s series of popular Echo voice-controlled speakers. The device, which will go on sale in June for about $230, will feature Alexa, Amazon’s voice-controlled aide, that can be used […]

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Apple is now worth $800 billion in market capitalisation

Apple is now worth $800 billion in market capitalisation

Written by on May 10, 2017 in News with 0 Comments

NEW YORK (Reuters) – Apple Inc became the first U.S. company to top the $800 billion mark in market capitalization on Tuesday, slightly more than two years after it crossed the $700 billion threshold. The iPhone maker’s shares have gained 33 percent this year and almost 50 percent since the U.S. election in November. The […]

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News highlights – 8 May

News highlights – 8 May

Written by on May 9, 2017 in News with 0 Comments

News highlights for 8 May German firms to form personal data vault for customers FRANKFURT (Reuters) – German finance, auto and publishing firms are in talks to form a European company to store personal data securely so customers can make purchases online from different outlets without punching in their details each time. Read more… Multiple […]

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FCC faced massive DDoS attacks after net neutrality proposal

FCC faced massive DDoS attacks after net neutrality proposal

Written by on May 9, 2017 in News with 0 Comments

WASHINGTON (Reuters) – The U.S. Federal Communications Commission said Monday that its website was hit by deliberate denial of service attacks after the telecommunications regulator was criticized by comedian John Oliver for its plan to reverse “net neutrality” rules. The attacks came soon after Oliver on Sunday urged viewers to file electronic comments with the […]

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Verizon in no hurry to undertake big strategic merger

Verizon in no hurry to undertake big strategic merger

Written by on May 9, 2017 in News with 0 Comments

NEW YORK (Reuters) – Verizon Communications Inc does not see an urgent need to undertake a big strategic merger or acquisition, its chief executive said on Monday, as some Wall Street analysts have urged the wireless company to do. Some analysts believe Verizon needs a more transformative acquisition than its $4.48 billion deal for Yahoo […]

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News highlights – 7 May

News highlights – 7 May

Written by on May 8, 2017 in News with 0 Comments

News highlights for 7 May Citi presents list of companies that are takeover targets for Apple (Walt Disney, others) (Reuters) – Citigroup listed seven companies as potential takeover targets for Apple Inc, including Netflix, Walt Disney and Tesla Inc, as a way to put its cash hoard of more than $250 billion to work. Read […]

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FBI warns businesses of cyber wire fraud via spoof emails

FBI warns businesses of cyber wire fraud via spoof emails

Written by on May 8, 2017 in News with 0 Comments

(Reuters) – Attempts at cyber wire fraud globally, via emails purporting to be from trusted business associates, surged in the last seven months of 2016, the U.S. Federal Bureau of Investigation said in a warning to businesses. Fraudsters sought to steal $5.3 billion through schemes known as business email compromise from October 2013 through December, […]

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European safety rules for drones may include geo-fencing

European safety rules for drones may include geo-fencing

Written by on May 8, 2017 in News with 0 Comments

BERLIN (Reuters) – Europe’s aviation safety authorities have proposed rules for operating small drones that include requirements for geo-fencing technology to prevent them from straying into banned areas and a “dos and don’ts” leaflet to be inserted in retail packaging. With demand booming, both for hobby and commercial use, European regulators have been looking for […]

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News highlights – 4 May

News highlights – 4 May

Written by on May 5, 2017 in News with 0 Comments

News highlights for 4 May Google agrees to pay hundreds of millions to settle Italian tax row MILAN (Reuters) – Alphabet Inc’s Google has agreed to pay 306 million euros ($334 million) to settle a tax dispute with Italy, the company and the country’s tax authority said on Thursday. Read more… Facebook’s content production unit […]

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