News highlights for 30 August 2017
REUTERS/Illustration/Benoit Tessier/File Photo
China says initial coin offerings (ICOs) causing chaos
SHANGHAI (Reuters) – Launches of new digital currencies, known as initial coin offerings (ICOs), have shaken up social and economic order, created hidden financial risks, and in some cases may amount to fraud, China’s National Internet Finance Association said. Read more…
Amazon and Microsoft have joined forces on virtual assistants
REUTERS – Amazon.com and Microsoft have joined forces to let their voice-controlled virtual assistants talk to each other, offering users the ability to seamlessly tap into work, their homes and shop online. Read more…
Is AR company Magic Leap’s hardware about to be unveiled?
A new image of Magic Leap’s supposedly disruptive spatial computing hardware has been published as part of a patent filing submitted in September 2015 and made public this week. Read more…
Delaware judge sides with Kalanick in Uber spat
GEORGETOWN, Del./SAN FRANCISCO (Reuters) – A Delaware judge on Wednesday stayed a lawsuit brought by Uber Technologies Inc investor Benchmark Capital against ousted Chief Executive Officer Travis Kalanick, handing the embattled executive a victory. Read more…
Toshiba misses deadline for chip business sale
TOKYO (Reuters) – Toshiba Corp failed to seal a deal to sell its prized chip business by a self-imposed deadline of Thursday, raising doubts about whether it can plug a balance sheet hole in time to avoid a delisting and keep the chips unit competitive. Read more…
Expedia looks to CFO to fill CEO post
(Reuters) – Expedia Inc on Wednesday named Mark Okerstrom as its new president and chief executive, replacing Dara Khosrowshahi who left the U.S. travel-booking company to take the top job at car-ride provider Uber Technologies Inc. Read more…
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