Fears Of Chinese Retaliation Over Huawei Arrest Makes Cisco Warn US Staff On China Travel

Amidst fears that US executives would be targeted by Chinese authorities following the arrest of the CFO of Huawei – Sabrina Meng Wanzhou, in Canada at the behest of the United States, the employees – especially people in the management positions, of US technology giant Cisco, have been advised not to travel of China except…

Former GCHQ Chief Warns Of Threat To Democracy Because Of Facebook

According to the former head of intelligence agency GCHQ, if there is no proper regulation, it is possible that the social media platform Facebook could turn out to be a threat to democracy. In an interview with BBC, Robert Hannigan said rather than “protecting your privacy” and data, the interest of the social media giant…

UK Prevents Chinese Firm Huawei To Provide Core Tech 5G Equipment

After Australia and New Zealand, Chinese tech company Huawei would also not be allowed to participate in bids for offering technology for the core 5G network that is currently being developed by U.K. telecoms company BT. Any equipment that BT’s existing 3G and 4G networks belonging to the Chinese company would also be taken out.…

AIG CEO Says Catastrophe Losses To Cost Between $750 Million To $800 Million In Q4

The fourth quarter of 2018 so far has been very bad for American International Group Inc (AIG) which is an amount of between $750 million and $800 million for losses because of natural catastrophe, said the chief executive officer of the company. AIG CEO Brian Duperreault said at the Goldman Sachs U.S. Financial Services Conference…

Alibaba aiming to make Belgium e-commerce trade hub

The strategic move will see the Chinese giant increase its footprint in the lucrative EU market. On Wednesday, Alibaba Group Holding Ltd stated it has signed an agreement with the Belgium government to launch an e-commerce trade hub. The move will include investments in logistics infrastructure. The strategic move is part of Alibaba’s Electronic World…