News highlights – 3 January

Written by on January 4, 2017 in News with 0 Comments

News highlights for 3 January

A prototype of the Cormorant, a drone, is pictured at Urban Aeronautics’ workshop in Yavne, Israel. REUTERS/Amir Cohen

Israel’s ‘flying car’ passenger drone moves closer to delivery

YAVNE, Israel (Reuters) – After 15 years of development, an Israeli tech firm is optimistic it will finally get its 1,500 kg (1.5 tonne) passenger carrying drone off the ground and into the market by 2020. Read more…

Fired from ‘Apprentice,’ Omarosa may get Trump White House job

WASHINGTON, Jan 3 (Reuters) – Omarosa Manigault, best-known for repeatedly being fired on the TV show “The Apprentice,” is being considered for a job in Donald Trump’s White House, a member of the president-elect’s transition team said on Tuesday. Read more…

Phone banking in India gaining currency in masses as government rolls out incentives

Mumbai: Belying sceptics, phone-based banking made rapid advances among the less advantaged last month as they adopted digital payment modes following demonetisation, according to RBI data, with incentives helping to boost the shift. Read more…

Samsung’s chip, screen sales to drive Q4 profit to 3-year high – analysts

SEOUL (Reuters) – Samsung Electronics Co Ltd is likely to forecast its best quarterly profit in nearly three years on Friday, analysts said, with robust memory chip sales easing the pain of the costly failure of a flagship smartphone. Read more…

Toshiba hit by fresh profit padding allegations

TOKYO (Reuters) – Toshiba Corp shares fell more than five percent in early trade on Wednesday after media reported the security watchdog suspects the Japanese conglomerate of misreporting profits by 40 billion yen ($339.59 million) over three years. Read more…

Intel to take stake in German mapping firm HERE in automated driving push

FRANKFURT (Reuters) – U.S. chip maker Intel will take a 15 percent stake in German digital mapping firm HERE, it said on Tuesday, as it seeks to build its presence in automated driving technology. Read more…

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