News highlights – 24 February

Written by on February 24, 2017 in News with 0 Comments

News highlights for 24 February

REUTERS/Jason Lee/File Photo

Chinese regulator ponders short cut for IPO process

HONG KONG (Reuters) – China’s securities regulator is considering offering a shortcut for some of the country’s largest technology companies to list their shares, allowing them to jump a long line of applicants and boost domestic bourses, according to six people with knowledge of the proposals. Read more…

Singapore regulator disrupts the sharing disruptors

SINGAPORE (Reuters) – Singapore, a keen early adopter of the sharing economy, has fired a warning shot across the bow of Airbnb and Uber with tighter rules that could shake up their business models and growth ambitions in Asia. Read more…

Deutsche Telekom pushing NarrowBand-IoT, launch soon

Deutsche Telekom pushes the implementation and commercial expansion of the new, standardized and cost-effective NarrowBand-IoT technology across Europe. In Germany, Deutsche Telekom will commercially launch NB-IoT in the second quarter of 2017, and already runs several pilots with large customers, Read more…

Uber troubles escalate over sexual harassment issue

SAN FRANCISCO (Reuters) – Early investors in Uber Technologies Inc wrote to the ride-hailing company on Thursday to criticize it for failing to end a toxic culture of harassment. Read more…

Tesla burns cash, Musk spooks investors

SAN FRANCISCO (Reuters) – Tesla Inc Chief Elon Musk has taken big risks repeatedly since going public in 2010, but investors were spooked on Thursday after he said the electric car company could get “close to the edge” as it burns cash ahead of its crucial Model 3 launch. Read more…

Imminent US approval sends bitcoin to three year high

LONDON (Reuters) – Digital currency bitcoin hit its highest levels in more than three years on Thursday and came within $3 of an all-time peak, on speculation that the first bitcoin exchange-traded fund (ETF) is set to receive approval from the U.S. financial regulator. Read more…

Tags: , , , ,

About the Author

About the Author: From our press centre we select the top industry news stories from the leading online publications and wire services and bring them straight to you. .


If you enjoyed this article, subscribe now to receive more just like it.

Subscribe via RSS Feed

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.