Slack Technologies is expected to be valued by investors at $16-billion to $17-billion when it lists its shares publicly next week, according to people familiar with the matter.
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Google is moving some production of Nest thermostats and server hardware out of China, avoiding punitive US tariffs and an increasingly hostile government in Beijing.
Apple has a backup plan if the US-China trade war gets out of hand.
A senior Huawei executive has denied the firm is complicit in alleged repressive actions by the Chinese government, fending off comparisons to those who manufactured the gas chambers in Nazi Germany.
Mega-cap technology and Internet stocks rallied on Monday, extending a recent advance as concerns eased over global trade tensions.
The US’s fight against Huawei justifies Russia’s decision to build a “sovereign Internet” to protect its domestic network from external threats, according to Russian deputy Prime Minister Maxim Akimov.
China’s planned technology security management system could strengthen control on exports including high-end intellectual property, according to state media commentary.
A senior White House official is seeking to delay putting in place portions of a law that limits the US government’s business with China’s Huawei, according to a person familiar with the matter.
Salesforce.com has agreed to buy Tableau Software in an all-stock deal valued at US$15.3-billion in a major bid to build its analytics offering.
Amazon.com plans to spend billions of dollars building a network of thousands of satellites to provide broadband Internet service, CEO Jeff Bezos said.