Huawei Tries To Dispel EU Concerns Over Cyber Threats Calling For Partnership With Europe

Huawei, the Chinese tech giant and the largest manufacturer of telecommunications equipment in the world, is promising to make Europe the world leader in next generation mobile networks even as the company attempts to allay fears about the company being a threat to national security and the risk to the cyber security for the region.…

Goldman Says War In Streaming Business Will Be Weathered By Netflix

With the likes of Disney and Apple Inc. entering the video streaming business, there are apprehensions about whether Netflix, the pioneer in the video streaming industry, be able to weather and survive the soon-to-start streaming wars. Despite the apprehensions, United States based banking and investment firm Goldman Sachs strongly believes that Netflix will be able…

Renault Chief Executive Thierry Bolloré Ousted In A Corporate ‘Coup’

The chief executive of the French car manufacturer Renault Thierry Bolloré, has been unceremoniously dismissed by the company with immediate effect. The company has also appointed the current finance director, Clotilde Delbos, of the company an interim chief executive. Earlier this week, the Japanese car maker Nissan, Renault’s industrial partner, appointed a new chief executive.…

Multibillionaire Status Of WeWork Founder Adam Neumann Is Now Lost

Following the emergence of reports about the ten-fold increase in losses at the UK subsidiaries of the embattled office space company WeWork touching £76m last year, the company’s co-founder Adam Neumann is no longer a multibillionaire. It is estimated that as of March this year, the personal assets of Neumann was worth $4.1bn (£3.2bn) and…