News highlights – 5 July 2017

Written by on July 6, 2017 in News with 0 Comments

News highlights for 5 July 2017

5 July 2017

The logo of America Movil is pictured on the wall of a reception area in the company’s corporate offices in Mexico City, Mexico. REUTERS/Edgard Garrido

Mexico’s America Movil details argument in telecom dispute

MEXICO CITY (Reuters) – Billionaire Carlos Slim’s America Movil argued on Wednesday against rules brought in by an overhaul of the country’s telecommunications industry, saying in a statement they were unfair and had led to a loss of its business rights. Read more…

U.N. survey finds cybersecurity gaps everywhere except Singapore

GENEVA (Reuters) – Singapore has a near-perfect approach to cybersecurity, but many other rich countries have holes in their defenses and some poorer countries are showing them how it should be done, a U.N. survey showed on Wednesday. Read more…


Facebook, Twitter, Snap to seek soccer World Cup clips from Fox: Bloomberg

(Reuters) – Facebook Inc, Twitter Inc and Snap Inc are seeking online rights to video highlights from Twenty-first Century Fox Inc for next year’s soccer World Cup, Bloomberg reported on Thursday. Read more…

Intel, John McAfee settle lawsuits over antivirus pioneer’s name

NEW YORK (Reuters) – John McAfee, the creator of eponymous antivirus computer software, has settled a lawsuit against Intel Corp  over his right to use his name on other projects after the chipmaker bought his former company. Read more…

Taiwan to spend $33 million over five years on AI research centers

TAIPEI (Reuters) – Taiwan plans to spend T$1 billion ($32.73 million) every year over a period of five years on artificial intelligence research centers, the government said, in a move that will help its technology firms enter the fledgling sector. Read more…

China bike-sharing firm Ofo says raises over $700 million, led by Alibaba, others

HONG KONG (Reuters) – Chinese bike-sharing start-up Ofo said on Thursday it has raised more than $700 million in its latest funding round that was led by Alibaba Group and two others, in the largest such fund-raising in the business that has drawn keen investor interest. Read more…

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