News highlights – 24 October 2017

Written by on October 25, 2017 in News with 0 Comments

News highlights for 24 October 2017

Australian Federal Treasurer Scott Morrison
AAP/Sam Mooy/via REUTERS

Australian government makes it easier for fintech to flourish

SYDNEY (Reuters) – The Australian government published draft laws on Tuesday that would let financial technology companies operate without a full licence, a measure it said would encourage innovation without compromising existing levels of consumer protection. Read more…

Nokia will be able to predict if elderly people will fall

Nokia has signed a Memorandum of Understanding (MoU) with St Luke’s Eldercare (SLEC) in Singapore to co-develop and conceptualize innovative solutions for the elderly – to include a trial of what Nokia is billing as Asia’s first “fall prediction” video analytics application. Read more…

5G will benefit many sectors: CTIA survey

Washington – Reflecting the increasing importance of wireless connectivity to the ability of businesses to innovate and compete, seven out of ten leaders across the healthcare, transportation, energy and manufacturing industries believe the U.S. must win the global 5G race to stay economically competitive, according to a survey commissioned by CTIA. Read more…

Facebook to lecture journalists on fake news

Stung by accusations that it allowed its platform to be hijacked by Russian propagandists, and facing looming regulatory crackdowns, Facebook has decided to shift the spotlight onto journalists and lecture scribes on how not to write “fake news.” Read more…

AT&T misses estimates as video competition bites

NEW YORK (Reuters) – AT&T Inc’s quarterly results missed Wall Street estimates as the U.S. No. 2 wireless carrier lost video subscribers to traditional and online TV competitors and fewer of its existing customers upgraded their devices ahead of Apple Inc’s launch of the iPhone X. Read more…

New ‘BadRabbit’ malware hits Russia, others

KIEV/MOSCOW (Reuters) – Cyber attacks using malware called “BadRabbit” hit Russia and other nations on Tuesday, affecting Russian Interfax news agency and causing flight delays at Ukraine’s Odessa airport. Read more…

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