News highlights – 2 October 2017

Written by on October 3, 2017 in News with 0 Comments

News highlights for 2 October 2017

European telecoms companies’ hopes of lighter regulation dashed by EU

BRUSSELS (Reuters) – European Union lawmakers have dashed large telecoms companies’ hopes for lighter regulation as part of efforts to encourage investment in superfast internet networks. Read more…

Indian government weighing options to help weak telcos exit smoothly

The government is considering steps to allow a smoother exit for weaker telcos at a broader policy level as part of revised mergers and acquisition rules, top officials said, a day after the proposed merger between Reliance Communications and Aircel fell through due to legal and regulatory uncertainties. Read more…

Microsoft to end Groove streaming service; offers Spotify migration

(Reuters) – Microsoft Corp said on Monday it would discontinue its Groove Music Pass subscription service, allowing its existing customers to move their playlists and music collections to Spotify. Read more…

BlackBerry’s patent strategy head exits, joins health tech firm – sources

TORONTO (Reuters) – The man who was leading BlackBerry Ltd’s efforts to make money from its patent portfolio has left to join a health technology company, two sources with knowledge of the move said on Monday. Read more…

Nokia committed to creating R&D jobs in France: minister

PARIS (Reuters) – Nokia has reaffirmed its commitment to creating research and development jobs in France, the country’s junior economy minister said on Monday, though the Finnish telecoms maker will still be able to cut hundreds of jobs in other areas. Read more…

Equifax says cyber attack may have hit 2.5 million more U.S. consumers

(Reuters) – U.S. credit reporting firm Equifax Inc said about 2.5 million additional U.S. consumers may have been impacted by a cyber attack at the company last month. Read more…

Supreme Court rejects Samsung appeal in warranty dispute

WASHINGTON (Reuters) – The U.S. Supreme Court on Monday refused to consider a bid by Samsung Electronics Co Ltd to force customers who have filed proposed class-action lawsuits against the company to arbitrate their claims instead of bringing them to court. Read more…

Senate confirms FCC chairman to new five-year term

WASHINGTON (Reuters) – The U.S. Senate on Monday confirmed Federal Communications Commission Chairman Ajit Pai for another five-year term on the telecommunications regulatory panel where he faces decisions over dismantling Obama-era internet protections and a major television station merger. Read more…

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