News highlights – 17 October 2017

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

News highlights for 17 October 2017

Facebook buys teen app tbh

(Reuters) – Facebook Inc has acquired tbh, an app popular among teens, as the world’s largest social network looks to attract more users. The app, an acronym for “To be Honest”, allows users to anonymously answer multiple choice questions about friends, who then receive the poll results as compliments. Read more…

Exclusive: Microsoft responded quietly after detecting secret database hack in 2013

(Reuters) – Microsoft Corp’s secret internal database for tracking bugs in its own software was broken into by a highly sophisticated hacking group more than four years ago, according to five former employees, in only the second known breach of such a corporate database. Read more…

Netflix adds more subscribers than expected, shares hit record

(Reuters) – Netflix Inc added more subscribers than expected around the world in the third quarter and projected growth in line with Wall Street forecasts, saying it had a head start on rivals as internet television explodes globally. Read more…

PayPal rolls out Venmo payments to its U.S. retailers

NEW YORK (Reuters) – PayPal Holdings Inc said more than two million U.S. retailers will be able to accept payments through its mobile app Venmo starting this week, seeking to broaden its reach with a brand that has been a hit with young people. Read more…

Mexico tech industry benefits from U.S. anti-immigration stance

SAN FRANCISCO/MEXICO CITY (Reuters) – Amazon, Facebook and other U.S. tech companies are expanding operations south of the border as Mexico works to capitalize on the Trump administration’s anti-immigration stance. Read more…

Airbnb Africa arrivals more than double to 1.2 million

JOHANNESBURG (Reuters) – U.S. short-term rental service Airbnb Inc registered 1.2 million guest arrivals in Africa last year driven by the plugged-in millennial generation, its senior official said on Tuesday. 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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