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AM Prep-Cyber Corner

December 7, 2018

IN THE NEWS: CUBA GETS MOBILE INTERNET SERVICE

HAVANA (AP) — For the first time, average Cubans are eligible to sign up for internet service for their mobile phones. The start of wireless service over smartphones and tablets is a development long awaited on the communist-ruled island. Users began receiving text messages yesterday in the morning from the state telephone monopoly informing them they can buy internet access packages for 3G service. Until now, nearly all Cubans could use their mobile phones only to get their state-run email accounts unless they connected to the internet at a limited number of government-sponsored Wi-Fi spots. Government officials and foreign businesspeople could use their mobiles anywhere to access the 3G network in recent years, though the service wasn’t always reliable.

IN THE NEWS: ADMINISTRATION MEETS WITH HIGH-TECH TITANS

UNDATED (AP) — Top executives from Google, Microsoft, IBM, Oracle and Qualcomm gathered yesterday at the White House amid strained ties between President Donald Trump’s administration and the tech industry and an ongoing trade war with China. The White House described the meeting as a listening session to field ideas for securing American dominance in artificial intelligence, quantum computing, advanced manufacturing and faster wireless technology known as 5G. Trump stopped by during the session, but it was his daughter and adviser Ivanka Trump who conducted most of the session. Some of Trump’s policies on trade and immigration have antagonized the tech industry. For example, his trade war with China has threatens to make products like iPhones more expensive.

ON THE WEB: SEARS’ FUTURE

CYBERSPACE (AP) — Eddie Lampert and his ESL Holdings hedge fund are offering to buy the rest of Sears in a $4.6 billion offer of cash and stock in a move to stave off liquidation. Sears filed for Chapter 11 bankruptcy protection in October. Since then, the company has said it would shut down 142 unprofitable stores in the hopes that it could stay in business. ESL Holdings said in a regulatory filing Thursday that its nonbinding offer for roughly 500 remaining Sears stores will keep about 50,000 employees working.

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Online:

Sears site: http://www.sears.com

by Oscar Wells Gabriel II

Follow Oscar Wells Gabriel II on Twitter at https://twitter.com/OWGabriel2

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