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Richard Waters / Financial Times:
Fallout from data collection scandal has not spread much beyond Facebook to include other platforms because it is hard to pinpoint harm from privacy violations   —  It is nearly four weeks since the Cambridge Analytica scandal erupted, and something surprising has happened.  —  Or rather, not happened.
Apr 15, 2018, 9:05 PMIn context
Nicholas Megaw / Financial Times:
Santander becomes first international bank to launch cross-border, blockchain-based payments, in Spain, UK, Brazil, and Poland on Friday, uses Ripple tech   —  Santander has become the first international bank to launch a cross-border payments system based on blockchain …
Apr 12, 2018, 5:50 PMIn context
Hannah Kuchler / Financial Times:
Sheryl Sandberg says Facebook “underinvested” in safety and security and that she and Zuckerberg should have spoken about Cambridge Analytica scandal sooner   —  Sheryl Sandberg, Facebook's second-in-command, said she personally made “mistakes” and that the company had been too slow …
Apr 5, 2018, 6:00 PMIn context
Eric Platt / Financial Times:
Broadcom completes its legal move back to US, exchanges ordinary shares of Broadcom Ltd. on a one-for-one basis for new shares of common stock of Broadcom Inc.   —  Broadcom's sojourn to Singapore — a location that ultimately helped sink its $142bn takeover of US chipmaker Qualcomm — has come to an end.
Apr 4, 2018, 5:50 PMIn context
Financial Times:
Document reveals Facebook was informed in 2014 that Aleksandr Kogan's company's survey app could sell user data, which broke with Facebook's policy at the time   —  Facebook was informed that the app at the centre of a massive data leak could sell user data to third parties …
Mar 29, 2018, 8:35 PMIn context
Alice Woodhouse / Financial Times:
Foxconn subsidiary FIT Hon Teng announces it will acquire Belkin, which owns Linksys and Wemo brands, for $866M, by way of a merger   —  A Hong Kong-listed subsidiary of Taiwan-based iPhone supplier Foxconn said on Tuesday it had agreed to buy US consumer electronics maker Belkin International for $866m by way of a merger.
Mar 26, 2018, 9:46 PMIn context
Martin Arnold / Financial Times:
Saga foundation, representing a group of well-known economists, says it raised $30M and debuts Saga cryptocurrency, which they say will avoid Bitcoin's pitfalls   —  Some of the world's best-known economists on Thursday announced plans to create what could be described as the thinking person's cryptocurrency.
Mar 22, 2018, 3:56 PMIn context
Simon Mundy / Financial Times:
How Reliance Jio, with a $32B investment and 150M subscribers, is turbocharging mobile data consumption in India and triggering a wave of industry consolidation   —  Mukesh Ambani's love affair with telecoms began more than 15 years ago, when he spearheaded a move into the sector by his family's Reliance Industries conglomerate.
Mar 19, 2018, 2:50 AMIn context
Financial Times:
Sources: Paul Jacobs, former Qualcomm executive chairman and son of the founder, informed the company board that he is considering bid to take Qualcomm private   —  James Fontanella-Khan in New Orleans, Tom Braithwaite in San Francisco and Arash Massoudi in Helsinki March 15, 2018
Mar 16, 2018, 12:05 PMIn context
Aliya Ram / Financial Times:
Uber plans to expand UberEats to 100 new cities across Europe, including 40 in UK, 35 in France, says UberEats is profitable in 45 of 200 cities it operates in   —  Uber is increasing investment in food delivery this year with plans to launch its UberEats takeaway app in 100 new cities across Europe …
Mar 12, 2018, 6:50 AMIn context

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