News highlights – 16 March

Written by on March 17, 2017 in News with 0 Comments

News highlights for 16 March

REUTERS/Jacky Naegelen

No agreement on timeline for self-driving cars

BERLIN (Reuters) – Carmakers and suppliers gave widely differing timelines for the introduction of self-driving vehicles on Thursday, showing the uncertainties surrounding the technology as well as a split between cautious established players and bullish new entrants. Read more…

Plan for Brexit? Error message on Government website

LONDON (Reuters) – Prime Minister Theresa May’s new “Plan for Britain” website stopped working on Thursday shortly after its launch, offering error messages in place of her vision for the country’s future outside the European Union. Read more…

Snap shares slump to less than $20

SAN FRANCISCO (Reuters) – Snap Inc shares tumbled below $20 on Thursday for the first time since the company’s $3.4 billion public listing after the Snapchat owner received another “sell” rating from an analyst. Read more…

Now, financial firms embrace cloud, ‘fat fingers’ a risk worth taking

NEW YORK (Reuters) – Only two years ago, an outage similar to the one that struck Amazon’s cloud services last month would have reinforced U.S. financial firms’ view that shifting data and systems onto the public cloud was just too risky. Read more…

Social media firms told to tighten up their terms of business

BRUSSELS (Reuters) – European consumer protection authorities will ask social media companies Facebook Inc, Alphabet Inc and Twitter Inc to amend their terms of service within one month or possibly face fines, a source familiar with the matter said on Thursday. Read more…

Baidu leads investment into green cars

SHANGHAI (Reuters) – Baidu Inc said on Friday it had led an investment round into green car start-up NextEV, as the Chinese search engine giant looks for new growth drivers and as competition heats up in the fast-growing electric vehicles market. Read more…

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