News highlights – 1 February

Written by on February 2, 2017 in News with 0 Comments

News highlights for 1 February

REUTERS/Jonathan Bainbridge/Illustration/File Photo

Mastercard and Unirush fined $13 million over prepaid card bungle

WASHINGTON (Reuters) – The U.S. government on Wednesday fined Mastercard Inc and UniRush $13 million for a failure with prepaid cards that in 2015 left tens of thousands of people unable to pay bills and access cash. Read more…

Indian technology stocks hit over visa fears

SAN FRANCISCO (Reuters) – Shares of Indian technology companies deepened losses on Wednesday as investors worried U.S. President Donald Trump and legislators would impose tougher rules on skilled-worker visas that those firms rely on. Read more…

Machine beats human at poker, a win for AI?

NEW YORK (Reuters) – Artificial intelligence has made history by beating humans in poker for the first time, the last remaining game in which humans had managed to maintain the upper hand. Read more…

Samsung launches web based payments for Android

SEOUL (Reuters) – Tech giant Samsung Electronics Co Ltd said on Thursday it will launch a mobile web payments service for all smartphones powered by Google Inc’s Android mobile operating system in South Korea in the first quarter. Read more…

Nokia bounces back, with stronger than expected profits

HELSINKI (Reuters) – Finnish network equipment maker Nokia reported on Thursday a better-than-expected quarterly profit, as acquisition of Franco-American Alcatel-Lucent and cost cuts helped it in the tough networks market. Read more…

Samsung considers US plant for home appliances

SEOUL (Reuters) – Samsung Electronics Co Ltd may build a U.S. plant for its home appliances business, a person familiar with the matter said, the latest global firm to consider a response to criticism about imports from new U.S. President Donald Trump. Read more…

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