In a statement by Canadian telecom operator Telus Corp’s Chief Financial Officer Doug French, the telecom operator is scheduled to roll out 5G services with the help of Huawei Technologies Co Ltd’s equipment. “It’s important for us to launch our network when the time is right…” said French in a statement while adding the company…
British network Three is set to join its larger rivals as it rolls out 5G mobile services in major cities including London, Birmingham and Glasgow, from the end of the month. Owned by Hong Kong’s Hutchison, Three launched a 5G home broadband product in central London in 2019. At that time, Three’s Chief Executive, Dave…
According to sources close to the matter at hand, online luxury fashion retailer MyTheresa plans on taking advantage of the robust equity market by listing on the New York Stock Exchange. MyTheresa’s owner, Neiman Marcus, is working with Morgan Stanley on the planned listing, which could be as early as April, said sources. Both, Morgan…
In a statement, the U.S. government said, it was issuing a 45-day extension to Huawei Technologies Co Ltd which allows U.S. companies to continue doing some business with it. The development comes in the wake of the Trump Administration adding the Chinese company to an economic blacklist in May 2019 citing national security concerns. The…
Rogue internet operators have targeted some of London’s top hedge funds and asset managers by cloning their websites and names in an attempt to dupe unsuspecting investors. Although few individuals are known to have fallen to this scam, two of Europe’s most prominent investors Winton and Algebris are among the highest profile names to be…
Tesla Inc is recalling 15,000 Model X SUVs in North America because of a potential issue that can lead to a loss of power steering assist which will make steering harder and increase the risk of a crash. In a statement, the National Highway Traffic Safety Administration (NHTSA) and Transport Canada stated, the aluminum bolts…
The Pentagon is likely to back new U.S. restrictions on China’s Huawei Technologies, reversing its earlier stance to the proposal meant to further crack down on exports to the blacklisted Chinese company, said a source briefed on the matter. The Pentagon’s reversal is likely to make it much harder for U.S. companies to get around…
Samsung Electronics unveiled its latest foldable 5G capable flagship as it surges ahead to maintain its market position in an increasingly competitive phone market. The development marked Samsung’s second attempt at a folding phone, following a delayed rollout in 2019, as it fends off traditional rival in the premium smartphone market, which includes Apple Inc…
In September 2017, credit reporting agency Equifax decided to come clean: it had been hacked and personal sensitive information of 143 million, which was later revised to 147.9 million, U.S. citizens had been compromised. The stolen personal data included names, date of birth, and Social Security numbers. Earlier this week on Monday, the U.S. Department…
On Tuesday, a senior executive from Airbus SE stated, the airplane maker is confident of selling more than 1,000 A321XLR aircraft over the next 10 years. The Airbus A321XLR aircraft has a longer range than the single-aisle A321neo. Francois Caudron, Head of Marketing at Airbus said, the forecast includes a mix of new orders and…
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