News highlights for 26 April
Ajit Pai, Chairman of U.S Federal Communications Commission
REUTERS/Eric Gaillard
Pai to reverse net neutrality rules, trouble ahead
WASHINGTON (Reuters) – The head of the U.S. Federal Communications Commission on Wednesday proposed overturning the landmark 2015 Obama-era net neutrality rules that prohibit broadband providers from giving or selling access to certain internet services over others. Read more…
Nokia reports slowing decline in sales, better times for networks market
HELSINKI (Reuters) – Finnish network equipment maker Nokia reported on Thursday a slowing rate of sales decline, saying the global networks market was showing signs of recovery. Read more…
Vietnam says Facebook will work to prevent illegal content
HANOI (Reuters) – Vietnam’s government said Facebook has committed to work with it to prevent content that violates the country’s laws from appearing on its platform. Read more…
Robo advisers becoming popular in China’s finance sector
HONG KONG (Reuters) – China’s wealth management industry is preparing for a boom in automated investment advice and trading programs, or robo advisors, as brokerages, banks and insurers look for a cheaper way to increase revenue from retail clients. Read more…
AI may be great, but security concerns and user experience might thwart its potential
Boston – AI concepts are set to revolutionize the connected world, but the actual user experience and concerns about privacy and security are obstacles that can prevent AI from reaching its potential, says a new study from the User Experience Strategies (UXS) service at Strategy Analytics. Read more…
Didi eyes overseas market, raises $5 billion
BEIJING (Reuters) – Didi Chuxing, China’s top ride-hailing firm, is set to raise a $5 billion funding round that values the company at about $50 billion. Read more…
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