News highlights – 3 October 2017

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

News highlights for 3 October 2017

UK says WhatsApp lets paedophiles and gangsters operate beyond the law

MANCHESTER, England (Reuters) – Britain said WhatsApp’s end-to-end encryption communication services allowed paedophiles and organised crime groups to operate beyond the reach of the law and called on the messaging service to move faster to help governments catch offenders. Read more…

Auto safety advocates criticize U.S. self-driving car legislation

WASHINGTON (Reuters) – A coalition of auto safety advocates criticized a bill before the U.S. Congress that would allow automakers eventually to sell up to 100,000 self-driving vehicles annually if they could demonstrate they are as safe as current vehicles. Read more…

Foreign government code reviews ‘problematic’: White House cyber official

WASHINGTON (Reuters) – Allowing foreign governments to require reviews of software secrets of technology products built by U.S. companies is “problematic,” the top White House cyber security official said on Tuesday, adding that the increasingly common arrangements presented both security and intellectual property risks. Read more…

Goldman CEO keeps open mind on digital currency bitcoin

(Reuters) – Goldman Sachs Group Inc Chief Executive Lloyd Blankfein said he is keeping an open mind on bitcoin after a media report that the investment bank was exploring a new trading operation dedicated to cryptocurrencies. Read more…

Indian ride-hailing firm Ola in talks to raise $2 billion: sources

NEW DELHI (Reuters) – Indian ride-hailing firm Ola is in talks with investors to raise around $2 billion, two sources said on Tuesday, in a potential boost to its battle with U.S. rival Uber. Read more…

Bank-backed R3 launches new version of its blockchain

NEW YORK (Reuters) – R3 CEV, a New York-based company that runs a consortium of banks, has released a new version of its blockchain platform that it hopes will make it easier for financial firms to use the nascent technology. Read more…

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