Greg Maffei President and CEO of Liberty Media
REUTERS/Mike Blake
News highlights for 22 September
Liberty’s F1 growth plan includes gaming, gambling
(Reuters) – Gaming and gambling are among potential growth areas for Formula One as the sport’s new owners seek to develop largely untapped digital markets, Liberty Media chief executive Greg Maffei said on Thursday. Read more…
Grab customers will be able to book driverless car, in large test
SINGAPORE (Reuters) – Users of ride-hailing firm Grab will be able to book driverless cars from Friday as it partners with a start-up testing the technology in Singapore, just days after rival Uber debuted its self-driving vehicles in the United States. Read more…
Galaxy Note 7 back on sale by year end, but it is long road back
FRANKFURT (Reuters) – Samsung Electronics aims to re-launch its flagship Note7 smartphone across Europe well before year-end, but it could well be 2017 before the company fully rebounds from a global product recall tied to defective batteries, a regional executive said on Thursday. Read more…
Tesla sues Michigan over rights to sell cars direct
WASHINGTON (Reuters) – Tesla Motors Inc Thursday sued Michigan Governor Rick Snyder and other state officials in federal court over the state’s refusal to allow the Palo Alto, California automaker to sell vehicles directly to consumers. Read more…
Instagram advertisers double in six months
(Reuters) – Facebook Inc’s Instagram said on Thursday its advertising base more than doubled to exceed 500,000 in the last six months. Read more…
Costs at Virgin Media go through the roof after Brexit
Costs at Virgin Media have so far risen by £7m this year following Brexit, due to increased import costs, the company revealed in a Q&A with staff this week seen by The Register. Read more…
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