News highlights – 18 September

Written by on September 19, 2016 in News with 0 Comments

News highlights for 18 September

A man touches a mannequin as he tries out a M2 Co.Ltd's "E-mote" system and the monitor shows the image from the VR device at Tokyo Game Show 2016 in Chiba, east of Tokyo, Japan, September 15, 2016. REUTERS/Kim Kyung-Hoon/File photo

A man touches a mannequin as he tries out a M2 Co.Ltd’s “E-mote” system and the monitor shows the image from the VR device at Tokyo Game Show 2016 in Chiba, east of Tokyo, Japan, September 15, 2016. REUTERS/Kim Kyung-Hoon/File photo

Tokyo gamers slapped down for virtual groping

TOKYO (Reuters) – Virtual reality got a little too real at the Tokyo Game Show on Friday when gamers lined up at one exhibition and got touchy-feely with a mannequin that with VR goggles transformed into a female anime character. The show’s organizer told software developer M2 Co. to stop visitors fondling the dummy’s breasts, which with built-in sensors prompted the anime image in the goggles to move. Read more…

Apple tax row raises $2.1 trillion question for forex traders

LONDON (Reuters) – If the fallout from a huge EU tax bill handed to Apple includes a push to encourage U.S. firms to bring more profits onshore, recent history suggests the impact for the dollar can only be positive. Read more…

Delta puts price tag on systems outage: $150 million in pretax income

Delta said that its IT outage in August hurt the bottom line for the September quarter and will result in a $150 million hit to operating profits in the third quarter. One of those big glitches was the systems failure that Delta attributed to power outages. Read more…

Central banks confirm formed task force on payments fraud

NEW YORK (Reuters) – A committee of the world’s major central banks said on Friday it has launched a task force to examine cyber security in cross-border banking and to ensure interbank payments are protected, confirming an earlier Reuters report. Read more…

Bank of England aims to revamp interbank payment system by 2020

LONDON (Reuters) – The Bank of England said on Friday it aimed to revamp the system that underpins British banking and trading in the City of London by 2020 to boost its defenses against cyber-attacks and widen the number of businesses that can use it. Read more…

Apple Japan unit ordered to pay $118 million tax for underreporting income: media

TOKYO (Reuters) – An Apple Inc iTunes unit in Japan was ordered to pay some 12 billion yen ($118 million) in tax by local authorities after underreporting income, media reported Friday. The unit has since paid the amount, the reports said. Read more…

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