News highlights – 6 March

Written by on March 7, 2017 in News with 0 Comments

News highlights for 6 March

REUTERS/Regis Duvignau

Copyright law infringement forces Facebook to stop location services

MILAN/FRANKFURT (Reuters) – Facebook Inc has suspended its location-sharing feature in Italy after a Milan court ruled last year that the social networking giant had violated competition and copyright laws by effectively copying a similar app from a local start-up. Read more…

Blockchain for shipping industry, powered by IBM, Maersk

NEW YORK (Reuters) – IBM and Danish transport company Maersk said they were working together to digitize, manage, and track shipping transactions using blockchain technology. The technology, which powers the digital currency bitcoin, enables data sharing across a network of individual computers. Read more…

Tech industry hit by visa clampdown

SAN FRANCISCO (Reuters) – Technology services company shares dipped on Monday after the Trump administration announced it would temporarily suspend expedited applications for H-1B visas widely used by foreign tech workers. Read more…

Canadian regulator says open access to data vital for fintech industry

TORONTO (Reuters) – Canada’s largest, most influential securities regulator said open access to data is essential to developing financial tech solutions using innovative technology such as blockchain, in a white paper published on Monday. Read more…

Self-driving buses ready to hit San Francisco streets

SAN RAMON, Calif. (Reuters) – A pair of $250,000 autonomous buses began driving around an empty San Francisco Bay Area parking lot on Monday, preparing to move onto a local public road in California’s first pilot program for a self-driving vehicle without steering wheel or human operator. Read more…

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