News highlights – 9 October 2017

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

News highlights for 9 October 2017

REUTERS/Ints Kalnins

Nokia cuts more jobs, halts VR camera production

HELSINKI (Reuters) – Nokia plans to reduce up to 310 jobs from its Nokia Technologies unit and halt development of its virtual reality camera “OZO” and hardware, the Finnish company said on Tuesday. Read more…

Samsung shares jump on memory chip profits

SEOUL (Reuters) – Shares in Samsung Electronics Co Ltd rose 4.5 percent after the market opened in Seoul on Tuesday, as analysts expected the tech giant to announce record profits in memory chips for the July-September quarter. Read more…

EU investigates Dutch, Polish banks for blocking fintech firms

BRUSSELS (Reuters) – EU antitrust authorities are investigating Dutch and Polish banking associations and their members to determine whether financial technology services are being blocked from accessing customer account data. Read more…

Apple boss takes side trip in France to see optical firm

PARIS (Reuters) – Apple boss Tim Cook went out of his way on Monday to single out a small French firm involved with innovative features in the latest iPhones ahead of meeting with President Emmanuel Macron, who has called for a tougher line on technology company taxes. Read more…

Waymo, others launch safety advertising campaign for driverless cars

WASHINGTON (Reuters) – Alphabet Inc’s self-driving car unit Waymo and several groups are launching a campaign aimed at convincing skeptical Americans of what they say is the value and safety of driverless cars, as Congress considers how it will regulate the technology. Read more…

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