News highlights – 18 May

Written by on May 19, 2017 in News with 0 Comments

News highlights for 18 May

Daniel Hajj, CEO and Director of Mexican telecoms company’s America Movil
REUTERS/Edgard Garrido

America Movil plans 4.5G launch this year

MEXICO CITY (Reuters) – Billionaire Carlos Slim’s telecommunications giant America Movil plans to roll out a 4.5G network in Mexico by the end of the year, and gear up for 5G by 2020, CEO Daniel Hajj said at a news conference in Mexico City on Thursday. Read more…

Blockchain token for companies raises $25 million in 15 minutes

NEW YORK (Reuters) – Aragon, a project that creates software to manage companies, has raised $25 million in under 15 minutes late on Wednesday with the sale of its own token, said Luis Cuende, the project’s co-founder. Read more…

Facebook wins dismissal for responsibility about terrorism posts

NEW YORK (Reuters) – A federal judge on Thursday dismissed two lawsuits seeking to hold Facebook Inc liable for supporting terrorist groups by letting them use its social media platform to further their goals, including violence against Jews. Read more…

Bain Capital plans bid for Toshiba chip business

TOKYO (Reuters) – U.S. buyout firm Bain Capital LP plans to bid around 1.5 trillion yen ($13.5 billion) for a majority stake in Toshiba Corp’s chip business, people with knowledge of the matter said. Read more…

Facebook strikes deal to show major league football on Fridays

SAN FRANCISCO (Reuters) – Facebook Inc has struck a deal with Major League Baseball to show 20 of the league’s games live this season in an agreement that expands the social media network further into the world of live programming. Read more…

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