News highlights – July 25

Written by on July 26, 2016 in News with 0 Comments

News highlights for July 25.

A SoftBank's robot 'pepper', performs during a news conference in Taipei, Taiwan July 25, 2016. REUTERS/Tyrone Siu

A SoftBank’s robot ‘pepper’, performs during a news conference in Taipei, Taiwan July 25, 2016. REUTERS/Tyrone Siu

SoftBank’s robot Pepper to be rolled out in Taiwan later this year

SoftBank Corp’s human-like robot Pepper will be rolled out in Taiwan later this year with about 100 rented units making their appearance in some banks and Carrefour SA shops, executives handling Pepper’s sales in the island said on Monday.

Sprint says to be cash-flow positive next year, shares soar

Sprint Corp reported better-than-expected first-quarter revenue as big discounts attracted more postpaid subscribers, and the No. 4 U.S. wireless carrier said it expected to be cash flow positive next fiscal year after breaking even this year.

The company’s shares surged more than 28 percent to $5.93 on Monday – their biggest intraday percentage gain ever – after it also said it had enough money to fund its business this year.

Facebook, Twitter co-operated with Brazil probe of alleged militants

The judge overseeing the probe that led to the arrest last week of suspected Islamist militants in Brazil said Facebook Inc. and Twitter Inc. co-operated with investigators by providing information about the suspects’ use of both social networks.

Amazon gets permission from UK to explore drone deliveries

Amazon.com Inc said on Monday it has entered into a partnership with the British government to speed up the process for allowing small drones to makes deliveries.

The world’s biggest online retailer, which has laid out plans to start using drones for deliveries by 2017, said a cross-government team supported by the UK Civil Aviation Authority had provided it with the permissions necessary to explore the process.

Daimler’s MyTaxi to merge with Hailo to take on Uber

Daimler will deepen its European footprint in the ride-hailing business when its MyTaxi smartphone app unveils an all-share merger deal with U.K. rival Hailo as soon as Tuesday, three sources briefed on the matter told Reuters.

It is the latest push by traditional carmakers to enter the taxi ride hailing services market dominated by technology companies like Uber. In similar deals earlier this year, Volkswagen took a $300 million stake in Gett and General Motors invested $500 million into Lyft.

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