Trump meets Apple CEO Tim Cook ahead of imposing new trade tariffs on China

The new wave of tariffs which could go into effect from August 1, is likely to cover consumer electronics, including smartphones and tablets. With U.S. President Donald Trump deliberating whether to make good on his threat to impose tariffs on the remaining un-tariffed Chinese exports to the United States, Trump met Apple’s CEO Tim Cook…

US Trade War Responsible For Uber’s IPO Bad Performance: CEO Khosrowshahi

While downplaying the recent volatility in its stock prices, the trade tension that the United States currently has with China and other countries was blamed to be the primary reason for the lackluster performance of the stick of Uber since it launched its IPO in May, said its Chief Executive Dara Khosrowshahi on Tuesday. The…

Trump Describing Auto Imports As Threat To National Security Criticized By Japan’s Toyota

The decision of the United States President Donald Trump to openly declare that auto and auto parts imported into the US were a threat to its national security has been severely criticized by the top Japanese auto maker Toyota Motor on Friday. The Trump administration has announced a delay of six months in the imposing…

Growing Regulatory Scrutiny Of Tech Giants Force Amazon To Soften Image: Analysts

There is a rising concerns among lawmakers in the United States about the increasing of e-commerce company Amazon’s influence over consumers even as the company attempts to relentlessly pursue its objectives of growth and profits in e-retail, cloud computing, advertising and consumer devices. However, faced with such a situation, it appears that Amazon is trying…

No Europe-Wide Huawei Ban Announced By EU Though Concerned By 5G Risks

The European Commission has directed all of the members states of the European Union that each of the countries would be required to exchange data on the perceived risks related ot 5G cybersecurity and detail out measure to tackle such risks by the end of the current year. The Commission however chose to disregard calls…

Britain Allocates Funds For Its Next Super Computer

A super computer that would have the processing power of 10,000 trillion calculations every second would be built at the University of Edinburgh in Scotland, Britain, after the varsity secured a funding of $104 million last week for the project. The announcement of the funding was made by Britain’s Chancellor of the Exchequer Philip Hammond…