News highlights for 5 November 2017
REUTERS/Carlos Jasso/Illustration
Amazon will be allowed to undercut rivals down under
SYDNEY (Reuters) – Competition laws will allow Amazon to undercut local businesses with loss-making prices when it opens for business in Australia, expected to be later in November, the Australian competition regulator said on Saturday. Read more…
Singapore outlines plan for digital economy
Singapore’s Infocomm Media Development Authority (IMDA) has released its Industry Transformation Map (ITM) for the infocomm media (ICM) sector that outlines the strategies to prepare Singapore for the digital economy. Read more…
Soaring smartphone sales leaves tablet market flat
FRAMINGHAM, Mass – The third quarter of 2017 (3Q17) closed with 40 million tablets shipped globally, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Tablet Tracker. Read more…
Altice will sell mobile services on Sprint network
(Reuters) – U.S. cable operator Altice USA will sell mobile service on wireless carrier Sprint Corp’s network under a new multi-year agreement announced on Sunday, becoming the latest firm to enter the wireless market in a bid to retain customers. Read more…
New property letting website will cut out agents’ fees
(Reuters) – HomeRenter, a new British online property lettings website backed by newspaper publisher Trinity Mirror is to be launched on Monday, offering to cut out the role of traditional letting agents and the hefty fees which they levy on tenants. Read more…
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