News highlights – 1 October 2017

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

News highlights for 1 October 2017

An advertisement of taxi-hailing app Beat is seen at a kiosk next to a taxi rank in Athens, Greece, September 29, 2017. The advertisement reads “Your taxi, your route, your city”. REUTERS/Alkis Konstantinidis

Greek plan to regulate taxi apps draws customers’ ire

ATHENS (Reuters) – A Greek government plan to regulate taxi-hailing apps, such as Taxibeat and Uber, has angered many consumers who are worried it could disrupt a popular service for their daily commute. Read more…

Google relaxes rules on free news stories, plans subscription tools

SAN FRANCISCO (Reuters) – Google announced on Sunday that subscription news websites would no longer have to provide users three free articles per day or face less prominence in search results, relaxing its rules following complaints from media giants like News Corp that their sales were suffering. Read more…

Facebook to give Russia-linked ads to U.S. Congress on Monday

NEW YORK – Facebook Inc said it plans on Monday to turn over to the U.S. Congress copies of some 3,000 ads that the social network says were bought on Facebook likely by people in Russia in the months before and after the 2016 U.S. election. Read more…

Uber’s path to win back London: data, fines and fees

(Reuters) If history is a guide, Uber Technologies new Chief Executive Dara Khosrowshahi is likely to dangle data sharing and a promise to pay fines and fees when he sits down with London officials to negotiate the ride service’s future in one of its most important markets. Read more…

Equifax reviews its top lawyer’s role in executive stock sales: WSJ

(Reuters) – Equifax Inc is reviewing its Chief Legal Officer John Kelly’s involvement in stock sales by company executives made weeks before the credit-reporting service disclosed a massive data breach, the Wall Street Journal reported on Sunday. Read more…

Security firm finds some Macs vulnerable to ‘firmware’ attacks

(Reuters) – Since 2015, Apple Inc has tried to protect its Mac line of computers from a form of hacking that is extremely hard to detect, but it has not been entirely successful in getting the fixes to its customers, according to research released on Friday by Duo Security. Read more…

China’s bitcoin market alive and well as traders defy crackdown

SHANGHAI (Reuters) – Weeks after Beijing banned fundraising through token launches and ordered some bitcoin exchanges to shut, casting a chill over the cryptocurrency industry, traders say that the market is far from dead. Read more…

RCom calls off Aircel merger; blames legal uncertanities, policy directives for delay

Reliance Communications (Rcom) has called off its merger with Aircel. “Merger agreements with Aircel allowed to lapse by mutual consent,” said the statement released by the Anil Ambani company. The reason given was “Inordinate delays caused by legal and regulatory uncertainties, various interventions by vested interests, policy directives impacting bank financing for telecom and changed industry dynamics,” said the telco in its statement Sunday. Read more…

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