News highlights – 5 October

Written by on October 6, 2016 in News with 0 Comments

News highlights for 5 October

REUTERS/Kim Hong-Ji/File Photo

REUTERS/Kim Hong-Ji/File Photo

Replacement Samsung Galaxy Note 7 starts smoking on plane

LOUISVILLE, Ky. (Reuters) – A replacement model of the fire-prone Samsung Note 7 smartphone began smoking inside a U.S. plane on Wednesday, the family that owns it said, prompting fresh investigations by the Consumer Product Safety Commission and the Federal Aviation Administration. Read more…

Samsung asked to consider restructuring and special dividend

SEOUL/NEW YORK (Reuters) – Tech giant Samsung Electronics Co Ltd said on Thursday it will carefully review proposals made by U.S. hedge fund Elliott Management for restructuring and a special dividend, pushing the firm’s shares to a record high. Read more…

Twitter shares drop on news that Google not interested

SAN FRANCISCO (Reuters) – Shares of Twitter slumped 9 percent late on Wednesday after Recode reported that Google, owned by Alphabet, would not move forward with a bid to acquire the social network. Read more…

Fiat Chrysler to be slapped with lawsuit over safety cover up

NEW YORK (Reuters) – A U.S. judge on Wednesday said Fiat Chrysler Automobiles NV must face a lawsuit claiming it defrauded shareholders by overstating its ability to comply with vehicle safety laws. Read more…

NSA contractor nabbed for stealing secret data

WASHINGTON (Reuters) – A National Security Agency contractor has been arrested and charged with stealing highly classified information, authorities said on Wednesday, a data breach that could mark a damaging new leak about the U.S. government’s surveillance efforts. Read more…

TalkTalk gets record fine for allowing hack attack to happen ‘with ease’

The UK Information Commissioner’s Office (ICO) has issued TalkTalk with a record £400,000 fine for allowing attackers to access customer data “with ease”. Read more…

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