Technology

Britain set to ban Huawei from 5G, though timescale unclear

Britain set to ban Huawei from 5G, though timescale unclear

Published 13/07/2020

LONDON (Reuters) - Prime Minister Boris Johnson is set to ban Huawei from Britain’s 5G network in a landmark decision that will anger Beijing but [more…]

Alibaba’s Jack Ma sells $8.2 billion worth shares, stake dips to 4.8%: filing

Alibaba’s Jack Ma sells $8.2 billion worth shares, stake dips to 4.8%: filing

Published 13/07/2020

SHANGHAI (Reuters) - Alibaba Group Holding Ltd co-founder Jack Ma has cut his stake in the company over the past year to 4.8% from 6.2%, [more…]

UK government to make Huawei statement on Tuesday

UK government to make Huawei statement on Tuesday

Published 13/07/2020

LONDON (Reuters) - British minister Oliver Dowden will make a statement to parliament on Huawei some time after 1130 GMT on Tuesday, the opposition Labour [more…]

Alphabet’s Google commits $10 billion to accelerate digitization in India

Alphabet’s Google commits $10 billion to accelerate digitization in India

Published 13/07/2020

NEW DELHI (Reuters) - Alphabet Inc’s Google on Monday said it would spend around $10 billion in India over the next five to seven years [more…]

Electric car maker Fisker to go public through SPAC deal at $2.9 billion valuation

Electric car maker Fisker to go public through SPAC deal at $2.9 billion valuation

Published 13/07/2020

(Reuters) - Electric car maker Fisker will go public through a merger with a blank check company backed by private equity firm Apollo Global Management [more…]

UK will place priority on national security in Huawei decision, minister says

UK will place priority on national security in Huawei decision, minister says

Published 13/07/2020

LONDON (Reuters) - Britain will place a “huge priority” on national security when considering Chinese telecoms firm Huawei’s role in the country’s 5G network, justice [more…]

Smartphone shipments in China fall 16% in June: government data

Smartphone shipments in China fall 16% in June: government data

Published 13/07/2020

SHANGHAI (Reuters) - Smartphone shipments in China fell 16% in June compared with a year earlier, according to government data released on Tuesday. The numbers [more…]

Tesla slashes Model Y SUV price as pandemic weighs on auto sector

Tesla slashes Model Y SUV price as pandemic weighs on auto sector

Published 12/07/2020

(Reuters) - Tesla Inc (TSLA.O) cut the price of its sport utility vehicle Model Y by $3,000, just four months after its launch, as the [more…]

Reliance’s digital unit wins Qualcomm backing in boost to 5G plans

Reliance’s digital unit wins Qualcomm backing in boost to 5G plans

Published 12/07/2020

NEW DELHI (Reuters) - India’s Reliance Industries said on Sunday Qualcomm Inc’s investment arm will buy a 0.15% stake in its digital unit Jio Platforms [more…]

Huawei to request UK to delay 5G network removal – The Times

Huawei to request UK to delay 5G network removal – The Times

Published 12/07/2020

(Reuters) - China’s Huawei Technologies has requested a meeting with UK Prime Minister Boris Johnson to work out a deal to delay its potential removal [more…]