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News highlights – 15 March

News highlights – 15 March

Written by on March 16, 2017 in News with 0 Comments

News highlights for 15 March Yahoo indictments uncovering relationships with Moscow security services WASHINGTON (Reuters) – Wednesday’s indictments in the United States of four people in a 2014 cyber attack on Yahoo Inc provides the clearest details yet on what some U.S. officials say is a symbiotic relationship between Moscow’s security services and private Russian […]

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Air clears and ZTE shares jump 10 percent

Air clears and ZTE shares jump 10 percent

Written by on March 16, 2017 in News with 0 Comments

HONG KONG (Reuters) – Shenzhen-listed shares of Chinese telecom equipment maker ZTE Corp jumped 10 percent on Thursday, resuming trading after a nine-day halt and catching up with gains in its Hong Kong shares that were sparked by the settlement of a U.S. sanctions case. ZTE said earlier this month that it had agreed to […]

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Apple, Google, others back away from fight over travel bans

Apple, Google, others back away from fight over travel bans

Written by on March 16, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – Apple Inc, Alphabet Inc’s Google and Facebook Inc are among more than 60 technology companies that appear to have backed away from the legal fight against U.S. President Donald Trump’s controversial travel ban, deciding not to put their weight behind a lawsuit seeking to block the second version of his executive […]

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Nasdaq provides blockchain technology to trade advertising contracts

Nasdaq provides blockchain technology to trade advertising contracts

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

NEW YORK (Reuters) – Nasdaq Inc has provided blockchain technology to run a new exchange to trade guaranteed advertising contracts as more mainstream finance projects using the record keeping software move into the real world. The New York Interactive Advertising Exchange (NYIAX), which is set to launch in the fourth quarter of 2017, will provide […]

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News highlights – 14 March

News highlights – 14 March

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

News highlights for 14 March Japanese state fund may buy into Toshiba’s memory chip business TOKYO (Reuters) – A Japanese state-backed fund may invest in Toshiba Corp’s memory chip business as a minority partner – a move that would help the government prevent a sale to bidders it deems risky to national security, sources familiar […]

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Snap reduces advertising revenues forecast for 2017

Snap reduces advertising revenues forecast for 2017

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

(Reuters) – The 2017 advertising revenue forecast for Snap Inc’s Snapchat has been trimmed by $30 million due to higher than expected revenue sharing with its partners, digital marketing firm eMarketer said in its latest ad spending forecast on Tuesday. While that still represents growth of more than 157 percent from last year, it is […]

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Intel will buy Mobileye for its deluge of data, so much data

Intel will buy Mobileye for its deluge of data, so much data

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

SAN FRANCISCO (Reuters) – To understand Intel’s $15.3 billion proposed acquisition of Israel’s Mobileye, imagine the data created and compiled by a self-driving car scanning the road and objects around it as a potential source of revenue. That data, says Intel Corp Chief Executive Brian Krzanich, is the key to the deal, and may see […]

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News highlights – 13 March

News highlights – 13 March

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

News highlights for 13 March Intel buys Mobileye – the driverless car arena hots up JERUSALEM/DETROIT (Reuters) – Intel Corp agreed to buy Israeli autonomous vehicle technology firm Mobileye for $15.3 billion on Monday in a deal that could thrust the U.S. chipmaker into direct competition with rivals Nvidia Corp and Qualcomm Inc to develop […]

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Toshiba fails to submit third quarter earnings – again

Toshiba fails to submit third quarter earnings – again

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

TOKYO (Reuters) – Japan’s Toshiba Corp failed to submit audited third-quarter earnings for a second time on Tuesday, gaining a one month extension as its expands a probe into problems at its U.S. nuclear unit Westinghouse. With its financial woes only deepening, Toshiba said it would speed up looking at whether to sell a majority […]

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Facebook bans developers from building in surveillance tools

Facebook bans developers from building in surveillance tools

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

SAN FRANCISCO (Reuters) – Facebook Inc barred software developers on Monday from using the massive social network’s data to create surveillance tools, closing off a process that had been exploited by U.S. police departments to track protesters Facebook, its Instagram unit and rival Twitter Inc came under fire last year from privacy advocates after the […]

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