News highlights for 13 June
REUTERS/Mike Blake /File Photo
Sprint offers free unlimited data, takes aim at Verizon
NEW YORK (Reuters) – Sprint Corp is offering free unlimited data, talk and text for a year in an aggressive promotion launched on Tuesday, aimed at Verizon customers in an oversaturated U.S. wireless market. Read more…
US poised to heighten scrutiny of Chinese Silicon Valley investment
WASHINGTON (Reuters) – The United States appears poised to heighten scrutiny of Chinese investment in Silicon Valley to better shield sensitive technologies seen as vital to US national security, according to current and former US officials. Read more…
There are now 5 billion mobile subs, according to the GSMA
The world’s mobile industry has signed up its 5 billionth unique mobile subscriber, according to GSMA Intelligence, the research arm of the GSMA, which means that more than two-thirds of the global population is now connected to a mobile service. Read more…
Apple is concentrating on self-driving systems, not cars
(Reuters) – Apple Inc is concentrating on technology for self-driving cars, Chief Executive Tim Cook said for the first time in an interview with Bloomberg. Read more…
US Senators plan to introduce fast track self-driving car legislation
WASHINGTON (Reuters) – A bipartisan trio of U.S. senators said on Tuesday they planned to introduce legislation to remove regulatory roadblocks to the introduction of self-driving cars, including sorting out conflicts between state and federal rules. Read more…
Big investors hold their nerve as tech stocks stumble
NEW YORK (Reuters) – Large investors, whose high exposure to large-cap technology stocks boosted their returns during the first quarter of the year, are doubling down on their investments even as stocks like Apple Inc and Facebook Inc stumble. Read more…
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