The US government is weighing new limits on sales of chips and other vital components to China’s Huawei Technologies, sparking another furious round of lobbying by technology companies.
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Intel has bought Habana Labs, an Israeli start-up that develops chips for artificial intelligence applications, for about $2-billion to bolster its efforts in the fast-growing market for AI silicon.
China’s ambassador threatened Germany with retaliation if it excludes Huawei Technologies as a supplier of 5G wireless equipment, citing the millions of vehicles German car makers sell in China.
US President Donald Trump signed off on a phase-one trade deal with China, averting the 15 December introduction of a new wave of US tariffs on about $160-billion of consumer goods from the Asian nation.
Oracle executive chairman Larry Ellison said the software giant won’t hire a second CEO to run the business alongside Safra Catz, deciding not to replace the late Mark Hurd.
Adobe reported sales that topped Wall Street estimates, signalling strong demand for the company’s creative and marketing software.
A 20-month trade war between the US and China came to a head this week as a key deadline looms. This Sunday, 15% tariffs are due to kick in on the iPhone.
Comcast’s Sky dominated coverage of Europe’s top club soccer competition in Germany for the past two decades. Now the streamers are taking over.
Europe is poised to lead global growth in electric-car sales next year as governments across the region offer consumers ever-sweeter incentives toward the purchase of new vehicles.
Facebook has hit back at UK home secretary Priti Patel’s calls for a “backdoor” into planned encryption across its messaging apps, saying it would be a “gift to criminals”.