News

(Reuters) – T-Mobile US Inc and Sprint Corp are laying the groundwork for special committees of their board of directors to decide on a merger between the third and fourth largest U.S. wireless carriers, according to people familiar with the matter. These board committees are important for the merger because T-Mobile and Sprint are majority […]

RIYADH (Reuters) – Billionaire Saudi Prince Alwaleed bin Talal, who owns investment firm Kingdom Holding, expressed skepticism about cryptocurrencies in an interview with CNBC on Monday, warning that bitcoin was like “Enron in the making”. Prince Alwaleed, whose company invests in major U.S. companies such as Citigroup and Twitter, said a lack of regulation made […]

News highlights for 23 October 2017 Apple sees mobiles themselves as AI platforms TAIPEI (Reuters) – Apple Inc sees its mobile devices as a major platform for artificial intelligence in the future, Chief Operating Officer Jeff Williams said on Monday. Read more… iPhone X demand will be significant, not extraordinary (Reuters) – Days before Apple […]

MEXICO CITY (Reuters) – Mexico’s telecommunications regulator is discussing a proposal that would allow billionaire Carlos Slim’s America Movil to start charging local rivals again for calls made to clients on its network, according to a document seen by Reuters. Rivals such as AT&T and Telefonica have been anxiously awaiting new rates since the Supreme […]

NEW YORK (Reuters) – JP Morgan Chase & Co has partnered with data analytics start-up Mosaic Smart Data to help its fixed-income sales and trading business become more profitable. The bank, whose fixed-income trading revenue slumped last quarter, has signed a multi-year deal to use Mosaic Smart Data’s technology division globally, the companies said in […]

News highlights for 22 October 2017 Apple sued over the term animoji NEW YORK (Reuters) – A Japanese software company is suing Apple Inc in a U.S. court over the trademark for the term “animoji”, alleging the U.S. technology company stole the name to use on a feature of its iPhone X. Read more… Australian […]

(Reuters) – The U.S government issued a rare public warning that sophisticated hackers are targeting energy and industrial firms, the latest sign that cyber attacks present an increasing threat to the power industry and other public infrastructure. The Department of Homeland Security and Federal Bureau of Investigation warned in a report distributed by email late […]

SAN FRANCISCO (Reuters) – Nearly two dozen major companies in technology and other industries are planning to launch a coalition to demand legislation that would allow young, illegal immigrants a path to permanent residency, according to documents seen by Reuters. The Coalition for the American Dream intends to ask Congress to pass bipartisan legislation this […]

(Reuters) – Facebook Inc said on Thursday it has signed up 10 news publishers including the Washington Post and The Economist to take part in a trial that gives its mobile app users access to a limited number of articles a month and then the option to subscribe via the publishers’ own websites. The move […]

News highlights for 19 October 2017 Amazon is being offered billions in tax breaks for HQ2 (Reuters) – Amazon.com Inc is receiving offers of billions of dollars in tax breaks and other subsidies from cities and states across North America that are participating in a company contest to pick a location for its second headquarters. […]
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