One of the primary reasons why Japan could be impacted by the ban on Huawei is intertwined supply chains. On Friday, Japan’s Finance Minister Taro Aso stated, the U.S bid to block Huawei Technologies from purchasing American technology is likely to impact Japanese companies and weign on the country’s economic growth prospects. “There are Japanese…
Although there have been a few instances of Tesla EVs catching fire, they have come mostly after a crash. With Tesla’s OTA software update, Tesla cars such as the Model S and Model S will have revised thermal and charge management settings. On Thursday, following two incidents of Tesla Model S electric vehicles catching fire…
Huawei will need a U.S. government license to purchase U.S. technology. The order will come into effect in the coming days. In a significant development, the U.S. Commerce Department stated it has added China’s Huawei Technologies Co Ltd along with 70 of its affiliates to a “Entity List”, thus placing a ban on the telecom…
WhatsApp has a serious security vulnerability which allows a hacker to install a malicious program on your device and gain access to your personal data. Ireland’s Data Protection Commissioner (DPC) disclosed, that Facebook’s WhatsApp has informed it of a serious security vulnerability on its platform. “The DPC understands that the vulnerability may have enabled a…
Microsoft aims to hire more than 100 local engineers in order to customize its applications for the African market and create new ones that are customized for the continent. In a significant development, Microsoft Corp stated, it will be investing $100 million in Africa in the next five years, so as to open an Africa…
Amazon is embracing this new model based on the feedback from earlier trials which showed that adding Counter to a store’s retail offer helped to increase customer footfall. In a strategic move, Amazon has entered into a collaboration with British clothing chain Next in order to tap its network of stores from which Amazon’s UK…
SoftBank Group Corp’s Vision Fund valued UK-based Greensill Capital at $3.5 billion. Greensill Capital, a UK-based financing group, has confirmed that SoftBank Group Corp’s Vision Fund has invested $800 million in it. Greensill, which provides supply chain funding to companies, said it plans to use the funding in part to accelerate its expansion into Brazil…
Although Foxconn’s chairman Terry Gou plans on retiring in order to run for elections, the company’s filing with Taiwan’s stock exchange shows his name in the proposed candidates for the company’s new board.
The upswing in Bitcoin prices comes at a time of ongoing blockchain and cryptocurrency conference in New York, which is attended by influential market players and big investors. Late on Monday, the price of bitcoin surged to more than $8,000 – its highest level since July 2017. The crypto currency’s rally is gaining further momentum.…
The FCC will now shift its focus on existing Chinese carriers including China Unicom and China Telecom Corp. In a significant development, the Federal Communications Commission (FCC), voted unanimously to block China Mobile Ltd’s bid to provide communication services in the United States citing risks of espionage. China Mobile is owned by the Chinese government.…
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