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S.Korean chat app firm Kakao plans blockchain unit

SEOUL (Reuters) – Kakao Corp, South Korea’s largest messaging app operator, said on Monday it is planning to establish a unit focusing on blockchain technology. Source
Posted On 06 Mar 2018

Telia sells Azercell stake in gradual exit from Eurasia

STOCKHOLM (Reuters) – Nordic telecom group Telia on Monday said it had sold its stake in Azerbaijan mobile operator Azercell, which it co-owns with Turkcell, part of a shift to focus on its main markets in Nordic and Baltic countries. Source
Posted On 06 Mar 2018

IBM settles legal dispute with diversity officer hired by Microsoft

(Reuters) – International Business Machines Corp on Monday said it settled a trade secrets lawsuit it brought against its former chief diversity officer who left for a similar job at Microsoft Corp. Source
Posted On 06 Mar 2018

Airbnb willing to make concessions in Singapore: policy chief

SINGAPORE (Reuters) – Home-booking company Airbnb is willing to make some concessions on short-term rentals in Singapore in an attempt to appease concerns of the government, a top executive said on Monday. Source
Posted On 06 Mar 2018

Amazon mulling checking-account like product with big banks: WSJ

(Reuters) – Inc is in talks to create a checking-account-like product with big banks such as JPMorgan Chase & Co , the Wall Street Journal reported, citing people familiar with the matter. Source
Posted On 06 Mar 2018

Take up stalled self-driving car bill, automakers urge U.S. Senate

WASHINGTON (Reuters) – Major automakers on Monday joined forces with tech companies and a variety of interest groups to urge the U.S. Senate to take up, before the end of May, a stalled bill aimed at speeding the deployment and testing of self-driving cars. Source
Posted On 06 Mar 2018

Proxy firm Glass Lewis opposes Tesla’s massive stock award to Musk

(Reuters) – Influential proxy advisory firm Glass Lewis said Tesla Inc shareholders should vote against a proposal to grant Chief Executive Officer Elon Musk performance-based stock options worth about $2.62 billion. Source
Posted On 06 Mar 2018

UK firm pilots using blockchain to help BMW source ethical cobalt

LONDON (Reuters) – Automaker BMW is working with a London-based start-up to use transaction-recording technology blockchain to prove batteries for its electric vehicles will contain only clean cobalt, the start-up’s CEO said. Source
Posted On 06 Mar 2018

Microsoft to offer governments local version of Azure cloud service

SAN FRANCISCO (Reuters) – Microsoft Corp on Monday said it will soon make it possible for government clients to run its cloud technology on their own servers as part of a concerted effort to make Azure more appealing to local and federal agencies. Source
Posted On 06 Mar 2018

EU eyes tax on tech giants closer to 2 percent than 6 percent of revenue: Le Maire

PARIS (Reuters) – The European Union this month will unveil plans to tax large global tech companies’ revenue at a rate in the 2-to-6-percent range, though more likely closer to 2 than to 6 percent, French Finance Minister Bruno Le Maire said in a newspaper interview....
Posted On 04 Mar 2018