News highlights – 11 October 2017

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

News highlights for 11 October 2017

REUTERS/Sergio Moraes –

Oi submits restructuring plan

BRASILIA/RIO DE JANEIRO (Reuters) – Brazilian phone carrier Oi SA submitted a plan on Wednesday to restructure its 65.4 billion-real ($21 billion) debt burden with a proposal to limit the debt-for-equity swap demanded by creditors to 25 percent of capital. Read more…

Samsung chief begins appeal

SEOUL (Reuters) – The heir to South Korea’s Samsung Group appeared in a packed court on Thursday for the first day of arguments in the appeal of his five-year jail term for corruption. Read more…

TM Forum pushes Open APIs via MEF relationship

LONDON, UK – TM Forum, the industry association driving digital business transformation of the communications industry, announced today the successful extension of four of its Open APIs by MEF in the first release of the Lifecycle Service Orchestration (LSO) Sonata SDK for multi-operator service orchestration. Read more…

Should the First Amendment apply to social media?

Donald Trump’s Twitter account now has 40 million followers. It ranks 21st worldwide among 281.3 million or so accounts. It’s no secret that Trump is proud of his ability to use the account to communicate directly with his constituents. This summer, the president tweeted, “My use of social media is not Presidential—it’s MODERN DAY PRESIDENTIAL.” Read more…

Facebook to launch newer cheaper VR headset

Facebook has unveiled a virtual reality headset that will work without needing an expensive computer, a move designed to kickstart the nascent technology’s slow start. Read more…

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