News highlights for 13 August 2017
Screen grab | Reuters video
Dutch students grow their own biodegradable car
EINDHOVEN, Netherlands (Reuters) – What’s made of sugar, can carry four people and travel at 50 miles (80 km) per hour? A biodegradable car, whose inventors say could be the next step in environmentally friendly motoring. Read more…
Indian government may consider quashing telecom circles
The Indian government may soon consider the telecom industry’s demand of doing away with telecom circles and will work towards the concept of one nation, one network and one licence. Read more…
Russia-linked hackers targeted hotel guests across Europe: security firm
FRANKFURT (Reuters) – A cyber-spying group with suspected links to Russian military intelligence was probably behind a campaign targeting hotel guests in eight mostly European countries last month, researchers at security firm FireEye said on Friday. Read more…
Bond investors give Tesla a $1.8 billion endorsement
NEW YORK (Reuters) – Bond investors on Friday gave a $1.8 billion boost to Tesla Inc’s balance sheet by snapping up the electric car maker’s first foray into the U.S. junk bond market, where yield-hungry investors have raced to lock in relatively higher returns. Read more…
Merkel rounds on German auto executives in opening election rally
DORTMUND, Germany (Reuters) – Chancellor Angela Merkel kicked off her re-election campaign on Saturday with a stinging attack on German auto executives, pressing them to innovate to secure jobs, and win back trust lost by a diesel emissions scandal. Read more…
Facebook OKs local firm’s launch of Moments-like app in China: New York Times
(Reuters) – Facebook Inc, whose social media platform is blocked in China, authorized a local company to launch a photo-sharing application in the country in May, the New York Times reported, citing a person with knowledge of the company’s plans. Read more…
U.S. blockchain company in tie-up on medical artificial intelligence
NEW YORK (Reuters) – U.S. technology company The Bitfury Group has formed a partnership with Insilico Medicine, a Baltimore-based medical artificial intelligence (AI) firm, to create new applications for the healthcare industry using blockchain, Bitfury’s chief executive officer said on Friday. Read more…
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