News highlights for 9 May
REUTERS/Brendan McDermid
Blockchain tech gets the attention of the Fed
WASHINGTON (Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari said on Tuesday that blockchain technology has more potential for being adopted in the future than bitcoin itself. Read more…
‘Throttling’ claims against AT&T to be reheard
WASHINGTON (Reuters) – U.S. government claims that AT&T Mobility illegally slowed down or “throttled” data sent to wireless devices will be reheard, a U.S. appeals court in California said on Tuesday after it dismissed the case last year. Read more…
SFR seeks damages of €2.4 billion from Orange
PARIS (Reuters) – France’s second-biggest telecoms operator SFR is seeking 2.4 billion euros ($2.6 billion) in damages from bigger rival Orange in an antitrust litigation tied to the corporate market in the country. Read more…
Norwegian firms building electric, self steering ships
OSLO (Reuters) – Norwegian fertilizer producer Yara and maritime technology firm Kongsberg Gruppe are teaming up to build what they said would be the world’s first fully electric and self-steering container ship. Read more…
Bitcoin spirals to $1,700
NEW YORK (Reuters) – Digital currency bitcoin hit a record high on Tuesday as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology. Read more…
Asia Pacific will be shielded from decline in Pay TV
Pay-TV revenues are projected to peak globally at $202 billion in 2017, but the subsequent decline will be cushioned by revenue growth in regions like Asia-Pacific. Read more…
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