A US proposal to further restrict sales to Huawei has encountered objections within the Trump administration and is being held up as officials debate whether the step could harm exporters.
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Intel gave bullish quarterly and full-year revenue forecasts, driven by a surge in demand for chips that power large cloud computing centres. The shares jumped as much as 7.8% in late trading.
US commerce secretary Wilbur Ross said new rules are coming soon that will put more limits on US companies supplying China’s telecommunications leader Huawei Technologies.
United Nations human rights experts have called for an investigation into allegations that the Saudi Arabian crown prince was involved in the hacking of Amazon.com CEO Jeff Bezos’s phone.
The mobile phone of Amazon.com CEO Jeff Bezos was hacked after receiving a WhatsApp message from the account of Saudi Arabia’s crown prince, it has been claimed.
Tesla’s market value briefly topped $100-billion for the first time, a threshold that will trigger a huge payout for Elon Musk if he can sustain the feat for months.
Huawei founder Ren Zhengfei has said the US is “over-concerned” about the Chinese company and its rise in the world of technology.
Naspers affiliate Tencent is planning a major update to its ubiquitous WeChat messaging app to stave off up-and-comer ByteDance and counter the start-up’s growing dominance of short-form video.
Uber Technologies will sell Uber Eats in India to local rival Zomato in a $172-million deal, underscoring the ride-hailing giant’s effort to cut back on loss-making operations.
Huawei chief financial officer Meng Wanzhou shouldn’t be dispatched to the US because her alleged crimes don’t meet Canada’s legal tests for extradition, her defence lawyers said at the opening of hearings.