Following an influential parliamentary committee calling on Rome to block China’s Huawei to build Italy’s 5G telecom infrastructure, the country’s industry minister stated, Huawei should be allowed to bid for Italy’s 5G spectrum. “We have passed legislation that guarantees national security. With the right defenses, the possibility of (Huawei’s) access is not up for debate,”…
Sources familiar with the matter have disclosed, U.S. chipmaker Nvidia is set to win an unconditional approval from the European Commission over its $6.8 billion acquisition bid to acquire Mellanox Technologies. Known for its powerful graphics chips, Nvidia is looking to boost its data center and artificial intelligence business; acquiring Mellanox will help it better…
Data from the European Commission’s website shows that U.S. chipmaker Nvidia did not offer any concessions to EU antitrust regulators who are examining its $6.8 billion bid to acquire Mellanox Technologies. The European Commission is set to take a decision on Nvidia’s biggest-ever acquisition by December 19. It is to be seen whether the EC…
On Friday, Telenor stated, it has selected Ericsson for creating its fifth-generation (5G) telecoms network in Norway. The development comes in the wake of intelligence reports from across the globe that China’s Huawei could potentially pose an espionage threat. Recently Norwegian security services had also warned against espionage threats arising from Huawei. “Ericsson will modernize…
On Thursday, Australia started an investigation into the potential usage of foreign influence using social media platforms such as WeChat, Facebook, and Twitter. The development comes in the wake of heightened concerns in the country that China is seeking to cast its influence in Canberra’s affairs. In the past, Russia had used social media to…
In a development that underscores deepening legal troubles for Chinese video-sharing app TikTok, a California college student has filed a class-action lawsuit against it alleging that it has transferred private user data to servers in China. The allegations deepen legal troubles for TikTok, owned by Beijing ByteDance Technology Co, in the United States, and comes…
As per a report from the Mail and the Globe, Huawei’s founder Ren Zhengfei stated, the Chinese telecommunication giant wants to boost its factory capacity in Europe to and build 5G equipment there. With these moves, Huawei aims to assuage fears that its equipment could be used by Chinese intelligence for espionage purposes. Huawei also…
On Monday, Paytm, an Indian digital payments company stated it has raised fresh funds totaling to $1 billion from a group of investors which includes existing backers such as SoftBank’s Vision Fund and China’s Ant Financial Services. The funding round saw Paytm being valued at $16 billion. A fresh investment in Paytm by Japan’s SoftBank’s…
On Thursday, Sanjay Mehrotra, the chief executive of American memory chipmaker Micron said, the company’s relationship with China’s Huawei ‘continues to be very good’. Mehrotra made these comments to broadcaster CNN on the sidelines of the Bloomberg New Economy Forum in Beijing.
During a testimony to the U.S. Senate, the FBI said it wished it had taken swifter action with regard to Chinese recruitment of U.S.-based researchers to transfer intellectual property from American laboratories. The admission by John Brown, assistant director of the Counterintelligence Division at the FBI, backed up a Senate subcommittee report which concluded that…
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