Tech companies are increasing going up the value chain for automakers. This partnership is the latest example of this strategic tie-up. In a development that marks the latest collaboration between Silicon Valley and automakers, Aurora, a self-driving car software startup stated it will be partnering with Fiat Chrysler to build autonomous platforms for commercial vehicles.…
Samsung’s Chinese rivals have increased their respective market share at Samsung’s expense. South Korea’s Samsung Electronics Co Ltd stated it plans on pruning the production of its smartphones in China following a fall in market share. Domestic Chinese rivals have squeezed its share in China to less than 1%. The plan to reduce the output…
Australian National University is Melbourne’s top university and its graduates hold senior positions in the government. Hackers were able to gain access to bank account numbers as well as passport details. On Tuesday, one of Australia’s top-ranked university the Australian National University (ANU) stated hackers had breached its cyber defenses in late 2018 and had…
While U.S. based IEEE has lifted its curbs, Beijing-based technology research group The China Computer Federation (CCF) has yet to reciprocate. On Monday, in contrast to the ham fisted stand taken by China, the Institute of Electrical and Electronics Engineers (IEEE) disclosed, it has lifted curbs on employees of Huawei Technologies and its subsidiaries; they…
China’s massive reaction to the U.S. move of placing just a single company – Huawei – on the Entity’s list only confirms the assessment by various intelligence agencies of the role played by the Chinese government in Huawei. China’s technology research group The China Computer Federation (CCF) has suspended its communications with U.S. based Institute…
Speculation is rife that China could use its dominant position as an exporter of rare earths to the U.S. as leverage in the ongoing trade war. On Thursday, China’s commerce ministry stated, Beijing is willing to meet reasonable demand for rare earths from countries, but it would not be acceptable that those countries who use…
U.S., Secretary of State Mike Pompeo made these comments on live television in an interview on Fox Business Network. With China’s government threatening to restrict the sale of rare earth to the U.S., Secretary of State Mike Pompeo kept up the pressure on Huawei Technologies Co Ltd saying telecom equipment maker takes orders from Beijing.…
The secondary listing is of strategic importance to Alibaba since it would provide it with fresh funds which it needs to beat its U.S. rivals; technology is a sector where China lacks behind the U.S.; fresh capital infusion is required in the newer sectors it has expanded into such as cloud computing. According to sources…
Finistere Ventures is intent on investing in technologies in the food sector. On Monday, Finistere Ventures, a food technologies-focused firm has partnered with three Israeli firms to invest up to $100 million in agrifood startups in Israel. Finistere will be joined by Tnuva, Israel’s largest food company that is controlled by China’s Bright Food, beverage…
U.S. trade action against Huawei having intended impact. China has termed the action taken by the United States against Huawei Technologies as “wrong actions” and has called for trade negotiations to continue. China’s comments underscores the effect of U.S. trade action which is cascading through Huawei’s global supply chains. Japan’s Panasonic Corp has joined a…
business-gurus.com 