The US has advanced a sweeping package of legislation intended to boost the country’s ability to compete with Chinese technology.
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Xiaomi’s quarterly profit beat estimates after the world’s third largest smartphone maker narrowed the gap with market leaders Samsung Electronics and Apple in shipments.
Huawei founder Ren Zhengfei has called on the company’s staff to “dare to lead the world” in software as the company seeks growth beyond the hardware operations that US sanctions have crippled.
Zhang Yiming, founder of TikTok owner ByteDance, told employees he will step down as CEO and be succeeded by human resources chief Liang Rubo, the company disclosed on Thursday.
Facebook’s oversight board on Wednesday upheld the company’s suspension of former US President Donald Trump in a verdict that may signal how the company will treat rule-breaking world leaders in the future.
US President Joe Biden on Thursday promised to outspend China on innovation and infrastructure to prevent it from overtaking the US to become the world’s most powerful country.
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Former US President Donald Trump, who has been banned from Twitter and other major social media platforms, said he’s working on his own platform to reach his followers that could be announced soon.
China has blasted US President Joe Biden’s administration for imposing new restrictions on national tech champion Huawei Technologies, saying the US “isn’t a reliable country that is to be trusted”.
The Biden administration this week amended licences for companies to sell to China’s Huawei Technologies, further restricting companies from supplying items that can be used with 5G devices, sources said.