News highlights – 7 August 2017

Written by on August 8, 2017 in News with 0 Comments

News highlights for 7 August 2017

REUTERS/Rick Wilking

Avaya finalises deal to exit Chapter 11

WILMINGTON, Del (Reuters) – A path has been cleared for telecommunications company Avaya Inc to exit Chapter 11 bankruptcy in an agreement with its senior creditors and the government’s pension insurer, Avaya said in a statement on Monday. Read more…

CBS Signs deal with AT&T for DirectTV Now content

(Reuters) – CBS Corp said on Monday it signed a deal for its shows to feature on AT&T Inc’s DirecTV Now online streaming service. Read more…

Softbank mulling stake in Uber or Lyft

TOKYO (Reuters) – SoftBank Group, a prolific investor in global technology startups, reported a sharp rise in quarterly profits and said it would be interested in parking funds in ride-hailing firms Uber Technologies or Lyft in the future. Read more…

Are chatbots chatting up shoppers for sex?

TECH COMPANIES PITCH chatbots to businesses as a way to keep customers coming back for more. A new bot built by Microsoft employees in their spare time is designed to do exactly the opposite.The chatbot, tested recently in Seattle, Atlanta, and Washington, lurks behind fake online ads for sex posted by nonprofits working to combat human trafficking, and responds to text messages sent to the number listed. Read more…

Netflix buys comics publisher 

(Reuters) – Netflix Inc on Monday said it has bought comics publisher Millarworld, bringing on board renowned comic book writer Mark Millar and a host of character franchises it can mine for TV shows and movies. Read more…

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