A federal judge has dismissed Huawei’s lawsuit challenging a US law that bars the government and its contractors from using the Chinese technology giant’s equipment because of security concerns.
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If the US stock market is like a giant stone wall whose structural integrity depends entirely on the sturdiness of five tech megacaps, it didn’t act like it on Tuesday.
Dell Technologies has sold one of its cybersecurity units, RSA, for $2.1-billion, part of the computer maker’s efforts to streamline its business.
Amazon.com founder Jeff Bezos plans to spend $10-billion of his own fortune to help fight climate change. He will start giving grants later this year to scientists, activists and nonprofits working to protect the Earth.
Apple doesn’t expect to meet its revenue guidance for the March quarter because of work slowdowns and lower smartphone demand, showing that the virus outbreak in China is taking a bigger-than-predicted toll.
Bill Gates paid Tesla a compliment for coaxing the car industry to go electric. If he was expecting kind words in return, he apparently shouldn’t have spoken about challenges that still lie ahead – or about his new Porsche.
The UK said it will spend £1.2-billion – about R23.3-billion – on developing the most powerful weather and climate supercomputer in the world.
Boris Johnson is coming under renewed pressure from key British allies over his controversial decision to give Chinese technology giant Huawei a role in building the UK’s 5G network infrastructure.
US secretary of defence Mark Esper warned that Beijing is moving further outside the international order and that allies using Chinese technology risk undermining Nato.
Facebook CEO Mark Zuckerberg is to offer public support for international tax reform which would see technology giants pay more tax in Europe.