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U.S. court to hear fight over Brazil telecom Oi's bankruptcy plan
SAO PAULO (Reuters) - A U.S. bankruptcy court is set to hear a dispute involving Brazilian telecoms company Oi SA and major shareholder Bratel Brasil SA, Bratel said on Wednesday, as investor discontent with Oi's bankruptcy reorganization process shows no signs of abating. -
FBI chief says agency 'deeply concerned' about any company like China's ZTE
WASHINGTON (Reuters) - FBI Director Christopher Wray told a Senate panel on Wednesday that the law enforcement agency is "deeply concerned" about any company like China's ZTE gaining positions of power in the U.S. telecommunications market. -
ISS recommends votes against Facebook CEO Zuckerberg, 4 other directors
BOSTON (Reuters) - Proxy adviser Institutional Shareholder Services on Wednesday recommended investors withhold their support from five Facebook Inc directors, including Chief Executive Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg, citing issues including the social media company's lack of a formal nominating committee. -
U.S. safety agency sends team to investigate Tesla crash
WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration (NHTSA) has sent a team to investigate the crash of a Tesla Inc vehicle that the driver said occurred while the vehicle was in autopilot mode. -
Defence eyes cognitive computing to strengthen information management
The Department of Defence has become one of the first organisations in the world to deploy a highly secure on-premise version of IBM’s Watson cognitive computing platform. -
Cisco quarterly revenue rises 4.4 percent
(Reuters) - Network gear maker Cisco Systems Increported a 4.4 percent rise in quarterly revenue on Wednesday, its second straight quarterly rise, driven by strong growth in its newer businesses such as cyber security. -
Amazon cuts Whole Foods prices for Prime members in new grocery showdown
(Reuters) - Amazon.com Incand Whole Foods Market are making a surgical strike in the already brutal grocery price war. -
Square's bitcoin move has caused internal disagreement: CEO Dorsey
NEW YORK (Reuters) - Square Inc'sdecision to allow users of its mobile app to buy and sell bitcoin this year was a "pretty contentious move within the company" and remains a source of internal tension, the payment processor's CEO Jack Dorsey said on Wednesday. -
Facebook's Zuckerberg to meet European Parliament over privacy
BRUSSELS (Reuters) - Facebook CEO Mark Zuckerberg will meet the leaders of the European Parliament to answer questions about the improper use of millions of users' data by a political consultancy, as pressure on the company's protection of data continues. -
GovPass pilot to launch in October; digital ID project to push 2.8m transactions online
The Digital Transformation Agency (DTA) plans to launch the pilot of its GovPass digital identity program in October, allowing participants to conduct the process of applying for a Tax File Number completely online. -
Pawsey Supercomputing Centre expands cloud with GPU nodes
The Pawsey Supercomputing Centre is expanding its Nimbus service, offering researchers access to GPU nodes. -
DTA to work on blockchain prototype for welfare payment delivery
The welfare payment delivery system will be an early focus of the Digital Transformation Agency’s investigation into the potential of blockchain to deliver more efficient government services. -
Intel plans US$5 billion Israel expansion
Intel says it has submitted plans to expand its production operations in Israel, with the government saying the U.S. chipmaker would invest about US$5 billion. -
US Department of Homeland Security unveils new cyber security strategy
The U.S. Department of Homeland Security on Tuesday unveiled a new national strategy for addressing the growing number of cyber security risks as it works to assess them and reduce vulnerabilities.
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