Huawei is planning to cut jobs at its US subsidiary as the Chinese technology giant continues to struggle with its American blacklisting, the Wall Street Journal reported.
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Japanese cryptocurrency exchange Bitpoint suspended all services after losing about ¥3.5-billion (R445-million) in a hack that involved ripple and other cryptocurrencies.
President Donald Trump on Thursday night warned Facebook over its plan to create a digital currency, the libra, a move that poses a new obstacle to the company’s cryptocurrency ambitions.
Virgin Galactic’s sister company, Virgin Orbit, has conducted a drop test of its air-launched satellite booster over California in a key step towards space missions.
The White House is launching an investigation into France’s proposed tax on Internet giants such as Google, Amazon and Facebook, in a move that could lead to US taxes on French imports.
The US said it would grant licences allowing companies to export goods to Huawei but won’t remove the Chinese firm an export blacklist, as talks between the world’s two biggest economies resumed.
When Walmart paid $16-billion for control of India’s e-commerce pioneer Flipkart Online Services from investors, including Naspers, last year, the US retail giant got a little-noticed digital payments subsidiary as part of the deal.
German economics minister Peter Altmaier plans to build up a German cloud service to allow European companies to store data independent of Asian or US rivals such as Amazon.com.
IBM closed its $34-billion purchase of Red Hat, sealing the world’s second largest technology deal ever and setting up the US technology company on a path to try and compete with top software purveyors in the cloud.
Billionaire Richard Branson’s Virgin Galactic plans to go public and become the world’s first listed space-tourism venture, the Wall Street Journal reported.