News highlights – 7 September

Written by on September 8, 2016 in News with 0 Comments
REUTERS/Benoit Tessier/File Photo

REUTERS/Benoit Tessier/File Photo

News highlights – 7 September

Start up to launch digital currency tracking index

LONDON (Reuters) – A London-based start-up said on Wednesday it would launch the first fund to track an index of digital currencies such as bitcoin in the coming weeks. DLT Financial said it hopes the tracker fund will make such currencies a more attractive investment asset class. Read more…

Uber says that China deal will allow it to focus on India

NEW DELHI (Reuters) – U.S. ride-hailing firm Uber said that the recent deal to fold its China operations into local rival Didi Chuxing would allow it to invest more in India, where it has recorded rapid growth this year, according to a letter to investors obtained by Reuters on Wednesday. Read more…

Box and Google form a partnership to deliver Google Docs

(Reuters) – Alphabet’s Google and online storage company Box Inc on Wednesday announced a partnership that will enable Box’s corporate customers to integrate Google’s suite of word processing, spreadsheets and other productivity tools, known as Google Docs. Read more…

HPE and Micro Focus to merge non-core assets

(Reuters) – Hewlett Packard Enterprise Co (HPE) will spin off and merge its non-core software assets with Britain’s Micro Focus International Plc in a deal worth $8.8 billion, the companies said on Wednesday. Read more…

Google gets a little more time in Android case

BRUSSELS – Alphabet’s Google has been given two more weeks to counter EU antitrust charges that it uses its dominant Android mobile operating system to block competitors, the European Commission said on Thursday. Read more…

EU stance on Apple tax demand triggers increase spending on lobbying

BRUSSELS (Reuters) – U.S. tech giants Google and Facebook are among multinationals spending more in Brussels as the European Commission eyes new business regulation after last week handing Apple a 13-billion-euro tax demand. Read more…

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