News highlights – 9 April

Written by on April 10, 2017 in News with 0 Comments

News highlights for 9 April

REUTERS/Toru Hanai/File Photo

Turkey’s Vestel wants to buy Toshiba TV unit

ISTANBUL (Reuters) – Turkey’s Vestel is in talks to buy the television unit of Japan’s Toshiba Corp, an official for the Turkish maker of electronics and home appliances said on Monday, declining to be identified. Read more…

Net neutrality champions blast Pai’s strategy

WASHINGTON (Reuters) – Advocates of landmark net neutrality rules on Friday blasted Federal Communications Commission chairman Ajit Pai’s plans to roll back the Obama era legal framework. Read more…

Uber hit with another class action suit over drivers’ pay

Uber has been hit with a class-action lawsuit alleging the dial-a-ride app maker deliberately cuts driver payouts while at the same time overcharging riders. Read more…

Fidelity joins blockchain alliance IC3

NEW YORK (Reuters) – Fidelity Investments Inc has become the first financial institution to join the Initiative for CryptoCurrencies & Contracts, a group of academic institutions and technology companies looking to develop blockchain-based technology. Read more…

Wonga admits customers’ data stolen in latest corporate breach

LONDON (Reuters) – British lender Wonga has warned customers in Britain and Poland that their personal data may have been stolen in the latest major corporate security breach. Read more…

Oi restructuring: BDO will not replace PwC

SAO PAULO (Reuters) – Accounting firm BDO declined to replace PriceWaterhouseCoopers in the in-court restructuring of Brazilian carrier Oi SA, BDO said in a statement on Friday. Read more…

Twitter: Dorsey forgoes pay, Fenton to leave

(Reuters) – Twitter Inc’s chief executive, Jack Dorsey, continued to forego direct compensation and Peter Fenton, a board member since 2009, will leave after the company’s annual meet in May, a regulatory filing showed on Friday. Read more…

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