News highlights for 13 February
REUTERS/Lucy Nicholson
Apple shares go to record high, push S&P over $20 trillion
SAN FRANCISCO (Reuters) – Apple shares cruised to a record-high close Monday, helping catapult the S&P 500 stock index over the $20 trillion mark in what amounts to a victory for plain-vanilla mutual funds over a bevy of hedge fund managers who recently backed away from the iPhone maker. Read more…
New witness announced in bitcoin exchange hack case
NEW YORK (Reuters) – The trial of two men was delayed on Monday in a case stemming from a probe into a bitcoin exchange and a data breach at JPMorgan Chase & Co after prosecutors revealed a new witness. Read more…
ZTE warns that US imposed sanctions against Iran could impact results
HONG KONG (Reuters) – Chinese telecom equipment maker ZTE Corp warned on Tuesday that penalties it expects to incur for allegedly breaking U.S. sanctions against Iran could impact its results. Read more…
Uber rethinks in Brazil following murders, robberies
SAO PAULO (Reuters) – On a Thursday night last September, Uber driver Osvaldo Luis Modolo Filho accepted a ride request from a teenage couple on the eastern edge of Sao Paulo, to be paid in cash. Read more…
Decision close on Samsung chief arrest in graft scandal
SEOUL (Reuters) – South Korean special prosecutor’s office will decide no later than Wednesday whether to request an arrest warrant for Samsung Group chief Jay Y. Lee, a suspect in a graft investigation that may topple President Park Geun-hye. Read more…
China Mobile Hong Kong migrates to commercial NFV core
China Mobile Hong Kong (CMHK) and Huawei announced they have successfully migrated CMHK services to an NFV-based cloud core network for commercial use. Read more…
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