News highlights – 11 July 2017

Written by on July 12, 2017 in News with 0 Comments

News highlights for 11 July 2017

REUTERS/Kim Hong-Ji/File Photo

SK Hynix will not abandon its aim for equity in Toshiba chip business

SEOUL (Reuters) – SK Hynix Inc said on Wednesday it does not plan to abandon its aim to gain equity in Toshiba Corp’s $18 billion chip unit – an assertion that is likely to lower chances of success for the preferred bidder consortium it is part of. Read more…

Is Kaspersky a victim in geopolitical sparring match?

MOSCOW (Reuters) – Russian cyber security firm Kaspersky Lab said on Wednesday it had fallen victim to geopolitical sparring between Russia and the United States, but said it was ready to respond to any questions from U.S. officials, the RIA news agency reported. Read more…

Amazon on track for biggest Prime Day in its history

(Reuters) – Amazon.com Inc said on Tuesday its Prime Day sale was on track to be the biggest shopping event in its history by sales. Read more…

Police detain man in Jio data breach

MUMBAI (Reuters) – Police in the western Indian state of Rajasthan on Tuesday detained a man suspected of involvement in what may be a major leak of user data from India’s newest telecoms company Jio, a police official said. Read more…

Microsoft vows to bring broadband via the airwaves

WASHINGTON (Reuters) – Microsoft Corp on Tuesday announced an initiative to bring high-speed internet to millions of rural Americans through unused television airwaves in a long-term bet for user growth. Read more…

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