News highlights – 16 October 2017

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

News highlights for 16 October 2017

16 October 2017

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Battery startup taps carbon in race to replace lithium-ion cells

DETROIT (Reuters) – In an auto industry race to develop electric vehicle batteries that charge faster and are cheaper and safer than lithium-ion cells, startup Zap&Go will do all that with its carbon-ion alternative ‘within a few years’, a company executive said. Read more…

Huawei aims to challenge Apple and Samsung on technology as well as price

LONDON/HONG KONG (Reuters) – China’s Huawei has unveiled a new line of smartphones that match or even improve on key features offered by Apple or Samsung while undercutting their rivals on price. Read more…

Android co-creator’s startup sued over connector technology

(Reuters) – Two of the best-known names in the smartphone hardware business are squaring off in court over new technology that allows phones to connect to devices like cameras without wires or metal connectors. Read more…

JPMorgan launches payments network using blockchain technology

(Reuters) – JPMorgan Chase & Co said on Monday it launched a new payment processing network that uses blockchain technology, in partnership with Royal Bank of Canada and Australia and New Zealand Banking Group. Read more…

Infineon says has fixed encryption flaw found by researchers

FRANKFURT (Reuters) – Germany’s Infineon Technologies said it was aware of, and had taken action to correct a flaw in the encryption used for secure products such as identity cards that was revealed by researchers. Read more…

Blockchain startup Digital Asset raises $40 million

NEW YORK (Reuters) – Digital Asset, a blockchain startup funded by some of the world’s largest banks, has raised $40 million as it expands globally. Read more…

U.S. Supreme Court to decide major Microsoft email privacy fight

WASHINGTON (Reuters) – The U.S. Supreme Court on Monday agreed to resolve a major privacy dispute between the Justice Department and Microsoft Corp over whether prosecutors should get access to emails stored on company servers overseas. Read more…

North Korea likely behind Taiwan SWIFT cyber heist: BAE

TORONTO (Reuters) – Cyber-security firm BAE Systems Plc said on Monday it believes the North Korean Lazarus hacking group is likely responsible for a recent cyber heist in Taiwan, the latest in a string of hacks targeting the global SWIFT messaging system. Read more…

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