News highlights for 17 May
National Security Agency (NSA) headquarters building in Fort Meade, Maryland. NSA/Handout via REUTERS
US cyber bill would force NSA to share findings
WASHINGTON (Reuters) – A bill proposed in Congress on Wednesday would require the U.S. National Security Agency to inform representatives of other government agencies about security holes it finds in software like the one that allowed last week’s “ransomware” attacks. Read more…
China says US should take some blame for spread of WannaCry
BEIJING (Reuters) – Chinese state media on Wednesday criticized the United States for hindering efforts to stop global cyber threats in the wake of the WannaCry “ransomware” attack that has infected more than 300,000 computers worldwide in recent days. Read more…
Qualcomm escalates war with Apple
(Reuters) – Chipmaker Qualcomm Inc has escalated its patent battle with Apple Inc, suing Foxconn and three other Taiwanese manufacturers that supply iPhone and iPad components for not paying royalties. Read more…
Softbank backed start up increases offer for Intelsat
NEW YORK (Reuters) – OneWeb, the U.S. satellite startup backed by Japan’s SoftBank Group Corp, has increased its merger proposal for Intelsat SA by offering Intelsat’s creditors a smaller discount for their bonds than it had before. Read more…
Digital token for forex traders
NEW YORK (Reuters) – Fintech Investment Group, a U.S.-based commodity trading adviser, plans to launch an initial coin offering in June for its own token that allows investors to trade currencies on a digital platform, company founder Alan Friedland said. Read more…
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