Google has agreed to buy a $4.5-billion stake in Jio Platforms, the digital arm of Reliance Industries, adding to a series of large investments from the US into the online venture.
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US President Donald Trump said that he was responsible for Prime Minister Boris Johnson’s decision to ban Huawei from Britain’s 5G network from the end of 2027.
British Prime Minister Boris Johnson’s government will ban Huawei from Britain’s 5G network by ordering operators to remove its equipment by 2027.
It was sold as an all-or-nothing moonshot into space, the boldest pay package in corporate history. Now, with Tesla’s stock on a seemingly unstoppable rise, Elon Musk is poised to collect $2.4-billion.
Tesla’s eye-popping run has left stock prognosticators in the dust, brought smaller imitators along for the ride and triggered a race by entrants new and old to cash in.
Apple is getting close to overtaking Saudi Arabia’s state-owned oil company in market valuation, a milestone that would make the technology giant the world’s largest company by that measure.
India’s richest man surged past Silicon Valley tech titan Elon Musk as well as Google co-founders Sergey Brin and Larry Page to become the world’s sixth-richest person.
Shares of Tesla ended down 3.1% on Monday, tapping the brakes on a rally that has boosted the electric car maker’s stock by over 40% in two weeks.
The UK is poised to ban Huawei Technologies from its next-generation mobile networks under a two-step plan to protect critical systems from security threats, a person familiar with the matter said.
Huawei Technologies on Monday reported a 13.1% rise in revenue in the first half of the year, showing slower growth as US officials continue to pressure the company’s suppliers and customers.