News highlights – 30 November

Written by on December 1, 2016 in News with 0 Comments

News highlights for 30 November

Reddit mascots are displayed at the company's headquarters in San Francisco. REUTERS/Robert Galbraith

Reddit mascots are displayed at the company’s headquarters in San Francisco. REUTERS/Robert Galbraith

Reddit to crack down on abuse after CEO is targeted

(Reuters) – Social media website Reddit Inc, known for its commitment to free speech, will crack down on online harassment by banning or suspending users who target others, starting with those who have directed abuse at Chief Executive Steve Huffman. Read more…

Shamoon virus returns in new Gulf cyber attacks after four-year hiatus

(Reuters) – A version of Shamoon, the destructive computer virus that crippled tens of thousands of computers at Middle Eastern energy companies four years ago, was used in mid-November to attack computers in Saudi Arabia and elsewhere in the region, according to U.S. security firms. Read more…

Netflix allows subscribers to binge-watch shows offline

(Reuters) – Video streaming pioneer Netflix Inc has added an option that allows subscribers to download shows at no additional cost on their mobile device to watch without an internet connection. Read more…

US tech startup giving away self-driving car software

SAN FRANCISCO (Reuters) –, the tech startup that recently pulled the plug on its device to give cars limited self-driving capabilities after being reprimanded by U.S. regulators, has opened up its software secrets to the masses. Read more…

Tech investor Glade Brook to shut hedge fund, favors narrower bets

NEW YORK (Reuters) – Glade Brook Capital Partners LLC is shutting its original hedge fund in favor of a new series of vehicles focused on big bets in public securities, it said in a letter to investors on Tuesday. Read more…

SAP CFO confident on 2016 profit goal, signals higher dividend

FRANKFURT (Reuters) – SAP, Europe’s most valuable technology company, is confident it will hit its 2016 profit target based on its order portfolio in the all-important fourth quarter and sees no obstacle to raising its dividend, Luka Mucic, the company’s chief financial officer, said on Wednesday. Read more…

Amazon looking to convert Italy power stations into data centers

MILAN (Reuters) – Amazon is in talks with utility Enel over the conversion of old power stations in north and central Italy into data centers as it seeks to expand its lucrative cloud services business in the country. Read more…

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