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March 4, 2021

Technology / Media / Telecoms

South Africa’s information regulator says WhatsApp cannot share users’ contact information

Reuters
JOHANNESBURG (Reuters) – Facebook Inc cannot share any contact information it collects from WhatsApp users in South Africa with its other properties without first obtaining authorisation from the country’s Information Regulator (IR), the agency said on Wednesday. 3D printed Facebook and WhatsApp logos and keyboard buttons are placed on a......

South Africa’s information regulator says WhatsApp cannot share users’ contact information

Reuters
JOHANNESBURG (Reuters) – Facebook Inc cannot share any contact information it collects from WhatsApp users with its other properties without first obtaining authorisation from South Africa’s Information Regulator (IR), the agency said on Wednesday. FILE PHOTO: A 3D printed Whatsapp logo is placed on a computer motherboard in this illustration......

U.N. special envoy on Myanmar says 38 killed on Wednesday

Reuters
NEW YORK, March 3 (Reuters) – United Nations special envoy on Myanmar, Christine Schraner Burgener, said 38 people had been killed in the Southeast Asian nation on Wednesday. Myanmar security forces opened fire on protests against military rule on Wednesday, a day after neighbouring countries called for restraint and offered......

Indian mobile carriers buy airwaves for $10.6 billion in auction

Reuters
NEW DELHI (Reuters) – India top three wireless carriers bought airwaves worth 778.15 billion rupees ($10.61 billion) at the close of a two-day spectrum auction, a senior government official said on Tuesday. Reliance Jio, the top carrier by users, bought airwaves worth 571.23 billion rupees, Bharti Airtel spent 186.99 billion......

TeamViewer acquires U.S. augmented reality software firm Upskill

Reuters
FILE PHOTO: The logo of software company TeamViewer AG is pictured during TeamViewer’s initial public offering (IPO) at the Frankfurt Stock Exchange in Frankfurt, Germany, September 25, 2019. REUTERS/Ralph Orlowski/File Photo (Reuters) – German remote connectivity software company TeamViewer said on Tuesday it had acquired Upskill, a U.S. company that......

Chinese fintech platforms should meet capital requirements in two years

Reuters
FILE PHOTO: China’s top banking regulator Guo Shuqing speaks to reporters on the sidelines of the National People’s Congress (NPC) at the Great Hall of the People in Beijing, China, March 5, 2019. REUTERS/Thomas Peter BEIJING (Reuters) – China’s financial technology companies have a maximum of two years to meet......

Goldman’s consumer banking head Omer Ismail joins Walmart’s fintech venture- Bloomberg News

Reuters
Feb 28 (Reuters) – Goldman Sachs Group Inc’s consumer banking chief Omer Ismail is leaving to join Walmart Inc’s fintech venture, Bloomberg reported bloom.bg/3sGgEXn on Sunday citing people with the knowledge of his plans. David Stark, one of his top lieutenants at Goldman, will also join him, the report added.......

SoftBank announces settlement with former WeWork CEO Neumann

Reuters
Feb 26 (Reuters) – SoftBank Group Corp said on Friday it had reached a settlement with WeWork’s special committee and the company’s co-founder and former chief executive, Adam Neumann, putting to rest a legal battle dating back to 2019. SoftBank, the new owner of the office-sharing firm, did not disclose......

Bitcoin falls over 6% to lowest in two weeks

Reuters
FILE PHOTO: A representation of virtual currency Bitcoin is seen in this illustration taken November 19, 2020. REUTERS/Dado Ruvic/Illustration LONDON (Reuters) – Bitcoin fell as much as 6% on Friday to its lowest in two weeks, as a rout in global bond markets sent yields flying and sparked a sell-off......

Facebook switches news back on in Australia, signs content deals

Reuters
By Renju Jose, Jonathan Barrett SYDNEY (Reuters) – Facebook Inc ended a one-week blackout of Australian news on its popular social media site on Friday and announced preliminary commercial agreements with three small local publishers. FILE PHOTO: A 3D-printed Facebook logo is seen in front of a displayed Australian flag......

Autodesk names Debbie Clifford as CFO

Reuters
(Reuters) – AutoCAD software maker Autodesk Inc said on Thursday it has appointed Debbie Clifford as its chief financial officer, effective March 8. Clifford currently serves as chief financial officer at U.S. online survey firm SurveyMonkey. Reporting by Ayanti Bera in Bengaluru; Editing by Shailesh Kuber Source – For more......

Salesforce beats quarterly revenue expectations

Reuters
FILE PHOTO: The company logo for Salesforce.com is displayed on the Salesforce Tower in New York City, U.S., March 7, 2019. REUTERS/Brendan McDermid (Reuters) – Salesforce.com Inc reported better-than-expected fourth-quarter revenue on Thursday, helped by increased demand for its cloud-based software as remote work stretches further into 2021. Revenue in......

INTERVIEW-The school leader getting New Mexico’s tribes online

Reuters
By Jack Graham, Thomson Reuters Foundation * Less than 60% of rural New Mexico’s population has high-speed internet * Students had been using smartphones and parking lot Wi-Fi * Santa Fe Indian School provided laptops to get 700 students online Feb 25 (Thomson Reuters Foundation) – Working with rural tribal......

Klarna transactions value jumps amid ‘buy now, pay later’ boom

Reuters
STOCKHOLM (Reuters) – Swedish “buy now, pay later” company Klarna on Thursday reported a jump in transactions using its platform and in net operating income in 2020, helped by its expansion in the United States and other markets. FILE PHOTO: A smartphone displays a Klarna logo in this illustration taken......

Biden says he will push for funding for semiconductor legislation

Reuters
U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – U.S. President Joe Biden......

EU Commission proposes lower wholesale roaming price caps

Reuters
BRUSSELS (Reuters) – The European Commission on Wednesday proposed further cuts to wholesale roaming tariffs paid by telecoms operators to their counterparts, plus a 10-year extension to rules which ended retail mobile roaming charges across the bloc four years ago. FILE PHOTO: European Union flags flutter outside the European Commission......

LinkedIn says tech issue on platform resolved

Reuters
FILE PHOTO: The logo for LinkedIn Corporation is shown in Mountain View, California, U.S. February 6, 2013. REUTERS/Robert Galbraith (Reuters) – LinkedIn, Microsoft Corp’s professional networking site, said on Tuesday it had resolved a technical glitch on its platform, after thousands of users reported difficulties in accessing the website. Downdetector,......

Exclusive: French antitrust investigators say Google breached its orders on talks with news publishers – sources

Reuters
PARIS (Reuters) – French antitrust investigators have accused Alphabet Inc’s Google of failing to comply with the state competition authority’s orders on how to conduct negotiations with news publishers over copyright, two sources who read the investigators’ report said. FILE PHOTO: The logo of Google is seen at the high......

Bitcoin slides 6% to below $55,000

Reuters
FILE PHOTO: Representation of the virtual currency Bitcoin is seen on a motherboard in this picture illustration taken April 24, 2020. REUTERS/Dado Ruvic/Illustration LONDON (Reuters) – Bitcoin fell more than 6% on Monday after surging to a record $58,354 a day earlier, as a selloff in global equities curbed risk......

Baidu-Geely EV venture names Mobike co-founder as chief

Reuters
BEIJING/SHANGHAI (Reuters) – China’s Baidu Inc and automaker Geely hired Mobike co-founder and former chief technology officer Xia Yiping as chief executive of their new electric vehicle venture, the search engine giant said on Monday. Baidu last month had announced it would set up a company with Zhejiang Geely Holding......

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