The scores of pages of US indictments handed down on Monday against Huawei don’t explicitly mention anything about 5G networks or China’s spy agency. But they sent a clear message to world leaders.
Author: Agency Staff
EOH Holdings shares plummeted on Tuesday after Eskom published allegations that its former chief procurement officer was involved in acts of misconduct involving the listed technology group.
The former UK deputy prime minister, hired by Facebook last year to lead the company’s lobbying efforts, used his first speech since taking the job to explain how it wants to repair its reputation and be accountable for its impact on society.
It wasn’t all that long ago that Microsoft was the European Commission’s nemesis. Facebook should take some lessons for the software giant to overcome its regulatory challenges.
US prosecutors filed criminal charges against Huawei, China’s largest technology company, alleging it stole trade secrets from an American rival and committed bank fraud by violating sanctions against doing business with Iran.
Bitcoin’s painful 2018 crash continues, with the original cryptocurrency touching the lowest in more than a month on Monday.
Semiconductor stocks fell in early trading on Monday after Nvidia cut its fourth-quarter revenue outlook, citing deteriorating macroeconomic conditions, particularly in China, along with weakness in its gaming and data centre divisions.
Eskom is facing a mounting repair bill at two new coal-fired power stations that are still under construction, compounding its already dire financial situation.
Global technology stocks are bouncing back. But distaste for what was the market’s favourite group as recently as mid-2018 is starting to spread among large swathes of money managers.
Flying cars! So futuristic! A world in which they’re buzzing around the skies must be dazzling — like a Popular Mechanics feature come to life! Well, yeah. About that.