News highlights – 17 January

Written by on January 18, 2017 in News with 0 Comments

News highlights for 17 January

Facebook CEO Mark Zuckerberg REUTERS/Stephen Lam/File Photo

Zuckerberg testifies on whether Oculus VR tech was stolen

DALLAS (Reuters) – Facebook Inc chief executive Mark Zuckerberg took the witness stand in Dallas federal court on Tuesday and denied an allegation by a rival company that the virtual-reality technology of Facebook’s Oculus unit was stolen. Read more…

Yahoo Japan rebuffs calls to stop selling ivory on its site

TOKYO/SAN FRANCISCO (Reuters) – Yahoo Japan, the country’s biggest online auction site, is rebuffing calls to end online ivory trading despite Yahoo Inc CEO Marissa Mayer’s misgivings over facilitating a business blamed for the illegal slaughter of African elephants. Read more…

Florida man pleads guilty of massive hack in bitcoin exchange case

NEW YORK (Reuters) – A Florida man pleaded guilty on Tuesday to charges stemming from his employment with an unlicensed bitcoin exchange that prosecutors say was owned by an Israeli who oversaw a massive scheme to hack companies including JPMorgan Chase & Co. Read more…

Smartphone ‘tokens’ for premises access to grow hugely by 2020

In 2016, less than 5 percent of organizations used smartphones to enable access to offices and other premises. By 2020, Gartner, Inc. said that 20 percent of organizations will use smartphones in place of traditional physical access cards. Read more…

Facebook goes to Paris to set up tech incubator

PARIS (Reuters) – Facebook gave the French tech scene a vote of confidence on Tuesday by picking Paris as the location for its first start-ups incubator, a boost for the city as European capitals compete to attract firms post-Brexit. Read more…

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