News highlights – 5 September 2017

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

News highlights for 5 September 2017

REUTERS/Yuriko Nakao/File Photo

Western Digital offers to back out of Toshiba bid for better JV position

TOKYO (Reuters) – Toshiba shares rose more than 4 percent on Wednesday after sources told Reuters that Western Digital Corp has offered to drop out of a group bidding for its flash memory chip business to take a stronger position in their joint venture instead. Read more…

EY, others team to build marine insurance blockchain solution

LONDON (Reuters) – Consultancy EY, data security firm Guardtime, Microsoft and ship operator Maersk have joined to build a blockchain-based marine insurance platform that will be the first real-world use of the nascent technology in the shipping industry. Read more…

Facebook figures out how to make money from WhatsApp

(Reuters) – Facebook is gearing up to make money from WhatsApp, the messaging service used by more than a billion people every day, the Wall Street Journal reported on Tuesday. Read more…

Is Musk’s Falcon Heavy ready for Mars trip?

Elon Musk’s SpaceX successfully tested the last of the Falcon Heavy’s three first stage rockets. This brings us to the cusp of launching the first spacecraft capable of taking humans to Mars. Read more…

Regulation of ICOs is healthy for blockchain, long term

BEIJING (Reuters) – It is the interest of the long-term development of blockchain technologies for the rapidly growing market for fundraising through the issue of digital currencies to be regulated, an adviser to China’s central bank said on Tuesday. Read more…

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