UK takes U.S. Concerns on Huawei very seriously: Foreign Secretary Dominic Raab

On Monday, UK’s Foreign Secretary Dominic Raab stated, Britain takes U.S. concerns on China’s telecoms equipment maker Huawei Technologies very seriously. Last month, Britain allowed Huawei a limited role in building the country’s 5G mobile network, despite U.S. concerns on Huawei. “There has been market failure in terms of high trust vendors being able to…

One idiot moment can impact decades of due diligence

British Prime Minister Boris Johnson is scheduled to meet senior ministers on Tuesday to decide on whether the UK will allow China’s Huawei to participate in building the country’s critical 5G mobile infrastructure. The United States views Huawei as a company of particular concern and it sees Huawei’s participation in building a critical infrastructure as…

Vodafone Group PLC exits Facebook’s Libra crypto currency project

In a statement, Facebook’s Libra Association said, Britain’s Vodafone Group PLC has left its global digital currency initiative. In recent months, Facebook’s digital currency has seen an exodus of its backers midst increased regulatory scrutiny, including financial companies such as Mastercard Inc and Paypal Holdings Inc. In June 2019, Facebook had announced a plan to…

Using Huawei 5G equipment would be act of madness for UK: US officials

As per a report from the Guardian Newspaper, officials from the U.S. government have provided the British government with additional newer evidence concerning the risks of involving Huawei in developing its future 5G mobile networks. Ahead of Britain’s decision to include Huawei in developing its 5G networks, officials from both countries exchanged views on whether…

Car production in Britain will take significant hit if Brexit leads to tariffs with EU: Society of Motor Manufacturers and Traders

A British trade body has warned that the country’s annual car production is likely to drop by a third to 1 million by 2024 if Brexit leads to tariffs with the European Union; the output will be lost to other nations. Britons are staring at an elections in just over two weeks with Prime Minister…

Mark Zuckerberg defends Facebook’s encryption plans despite concerns on terrorism and child abuse

Clearly FB is eager to leave behind its scandalous past, especially its relation with Cambridge Analytica, and is eager to portray itself as a more secure platform for consumers. In a significant development, Facebook Inc’s Chief Executive Officer, Mark Zuckerberg defended his decision to encrypt Facebook’s messaging services despite growing concerns on criminal activity and…