News highlights – 28 September 2017

Written by on September 29, 2017 in News with 0 Comments

News highlights for 28 September 2017

REUTERS/Sergei Karpukhin

Kremlin backed media outlet defends advertising on Twitter

MOSCOW (Reuters) – The editor-in-chief of Kremlin-backed media outlet RT said on Friday its purchase of advertisements on Twitter was standard commercial practice that was being falsely presented as Russian meddling in U.S. affairs, RIA news agency reported. Read more…

South Korea latest to ban raising money through ICOs

SEOUL (Reuters) – South Korea’s financial regulator on Friday said it will ban raising money through all forms of virtual currencies, a move that follows similar restrictions in China on initial coin offerings. Read more…

Amazon announces new ranges of Echo devices

SEATTLE (Reuters) – Amazon.com has announced a range of new voice-controlled Echo devices, as it gears up for new competition in the category from Apple. Read more…

Toshiba signs chip deal, but press conference canceled

TOKYO (Reuters) – Japan’s Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, overcoming a key – albeit not its last – hurdle as it scrambles for funds to stave off a potential delisting. Read more…

Orange CEO says environment for pan-European mergers not right

PARIS (Reuters) – The chief executive of French telecoms company Orange said he did not see at present opportunities for large pan-European mergers and ruled out buying a stake in media group Vivendi, according to remarks published on Thursday. Read more…

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