News highlights – 12 September 2017

Written by on September 13, 2017 in News with 0 Comments

News highlights for 12 September 2017

Tim Cook, CEO of Apple, speaks as product images are shown behind him during a launch event REUTERS/Stephen Lam

Apple Watch now brings comic stories alive, will drive sales

CUPERTINO, Calif. (Reuters) – More than two years after releasing the Apple Watch, Apple Inc has finally been able to replicate 1940s comic strip technology, an advance that analysts say will spur sales. Read more…

China on the road to ‘hack proof’ computing

BEIJING (Reuters) – China has set up its first “commercial” quantum network in its northern province of Shandong, state media said, the country’s latest step in advancing a technology expected to enable “hack proof” communications. Read more…

Toshiba signs memo to step up talks with Bain

TOKYO (Reuters) – Toshiba Corp has signed a memorandum to step up talks to sell its memory chip business to a group led by private equity firm Bain Capital and chipmaker SK Hynix Inc, the Nikkei newspaper said on Wednesday. Read more…

Bitcoin blow as JP Morgan chief says it is a fraud

NEW YORK (Reuters) – Bitcoin “is a fraud” and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co, said on Tuesday. Speaking at a bank investor conference in New York, Dimon said, “The currency isn’t going to work. You can’t have a business where people can invent a currency out of thin air and think that people who are buying it are really smart.” Read more…

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