News highlights – 20 February

Written by on February 21, 2017 in News with 0 Comments

News highlights for 20 February

REUTERS/Juan Medina/File Photo

Telefonica sells masts to KKR, cuts debt pile

MADRID (Reuters) – Spain’s Telefonica said on Tuesday it had agreed to sell up to a 40 percent stake in its telecom masts subsidiary Telxius to private equity firm KKR for 1.275 billion euros ($1.35 billion). Read more…

Reliance Jio and Uber to use JioMoney

Reliance Jio and Uber have announced a strategic partnership under which Uber drivers in India will accept JioMoney as a payment option. JioMoney is a PPI (prepaid payment instruments) wallet offered by Reliance Payment Solutions. Read more…

Toshiba wants to raise $8.8 billion through flash memory business sale

TOKYO (Reuters) – Japan’s Toshiba Corp wants to raise at least 1 trillion yen ($8.8 billion) by selling most of its flash memory chip business, seeking to create a buffer for any fresh financial problems, a source with direct knowledge of the matter said. Read more…

Worried? Uber hires former Attorney General to investigate sexual harassment claim

(Reuters) – Uber Technologies Inc has hired former U.S. Attorney General Eric Holder to conduct a review of sexual harassment claims at the ride-hailing service made by a former employee. Read more…

Worries still exist over Windows 10 privacy settings

BRUSSELS (Reuters) – European Union data protection watchdogs said on Monday they were still concerned about the privacy settings of Microsoft’s Windows 10 operating system despite the U.S. company announcing changes to the installation process. Read more…

Rumour mill begins – what will be in the iPhone 8? 3D Selfies, defibrillators? 

With the exciting news that Apple is going to hold a conference in June where it will announce new products – only the 15th time it has done so since 2003 – we felt it was time to write down some wild speculation because, like lemmings, you will click on it and we make money when you do. Read more…

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