Boris Johnson’s plan to let Huawei help build the UK’s 5G mobile networks is under threat from mounting opposition to the Chinese company in his ruling Conservative Party.
Author: Agency Staff
It’s not only the economy at stake. South African society is also at risk if the government extends a five-week lockdown without allowing more industries to get back to work.
Uber Technologies withdrew its financial guidance for 2020 and said it will write down about US$2-billion in investments after the coronavirus pandemic upended the ride-hailing business.
Facebook and its partners said their libra cryptocurrency project will now support multiple versions of the digital coins, the majority of which will be backed by individual fiat currencies.
Apple is developing over-ear wireless headphones with parts that can be swapped in and out, seeking to augment its AirPods business with a high-end audio product.
Sony plans to produce far fewer units of its upcoming PlayStation 5 in its first year than it had for the previous-generation console’s launch, according to people familiar with the matter.
Google parent Alphabet is slowing hiring for the remainder of the year, the most drastic action by the Internet search giant since the Covid-19 pandemic began battering its advertising business.
The lockdown gripping much of the world economy has spurred a real-time stress test of the long-heralded digital future.
ByteDance just kicked off a wave of hiring it envisions hitting 40 000 new jobs in 2020, at a time technology corporations across the globe are furloughing or reducing staff.
Airbnb has lined up $1-billion in debt, adding to last week’s same-size haul and boosting a financial cushion it can use to grow and pay bills as the global coronavirus pandemic crushes demand for travel.