News highlights – 19 October 2017

Written by on October 20, 2017 in News with 0 Comments

News highlights for 19 October 2017

REUTERS/Carlos Jasso/Illustration/File Photo – RC1F1E649DB0

Amazon is being offered billions in tax breaks for HQ2

(Reuters) – Amazon.com Inc is receiving offers of billions of dollars in tax breaks and other subsidies from cities and states across North America that are participating in a company contest to pick a location for its second headquarters. Read more…

Vodafone Germany expands billing relationship with Netcracker

Waltham MA – Netcracker Technology announced today that Vodafone Germany, one of Germany’s largest telecommunications service providers, has expanded and extended its billing relationship with Netcracker to bring new cable subscribers onto its Revenue Management platform. Read more…

Facebook, Google et al may have to disclose source of political ad spending

Facebook and Google, along with other online publishers, may soon be required in the US to disclose funding for paid political ads. On Thursday in Washington DC, two US senators proposed a bill called The Honest Ads Act to extend the funding disclosure requirements for political ads on TV, radio, and in print, to online ads. Read more…

PayPal tops estimates on mobile payment surge

(Reuters) – Sharp growth in mobile payments led PayPal Holdings Inc to report a better-than-expected third-quarter profit on Thursday and lift its guidance for earnings through the rest of the year. Read more…

Insurers face $275 million bill from Merck’s cyber attack

NEW YORK (Reuters) – Insurers could pay $275 million to cover the insured portion of drugmaker Merck & Co’s loss from a cyber attack in June, according to a forecast by Verisk Analytics Inc’s Property Claim Services (PCS) unit. Read more…

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