Federal Communications Commission Chairman Ajit Pai has circulated a draft order asking the five-member panel to approve Ligado Networks’ request to deploy a low-power nationwide network to support next generation 5G wireless. Ligado Networks’ request has drawn fire from some U.S. government agencies as well as by some powerful lawmakers. Earlier this week, the chairman…
Senior administrators in the Trump administration have agreed to further tighten restrictions of semiconductors on Huawei Technologies. Under the newly proposed rules, foreign companies that use U.S. chipmaking equipment will now have to obtain a U.S. license before supplying certain chips to Huawei. According to one of the sources, rule will slash the supply of…
According to court filings by the U.S. Department of Defense (DoD) on Thursday, the DoD is asking permission from the court to reconsider certain aspects of its decision to award a $10 billion cloud computing contract to Microsoft Corp. Last month, a U.S. judge had granted Amazon.com Inc’s request to temporarily halt the DoD from…
On Tuesday, Ming Maa, president of Southeast Asian ride hailer Grab stated, it is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG) and $150 million from Japanese IT services firm TIS Inc, as it attempts to expand its footprint in the financial services. “MUFG’s investment into Grab is a vote of confidence in…
On Tuesday, the head of a European business group in China warned that the world could face a shortage of antibiotics if the pharmaceutical industry’s supply problems posed by the outbreak of China’s coronavirus cannot soon be resolved. Joerg Wuttke, President of the EU Chamber of Commerce told a roundtable in Beijing that the synchronization…
In a statement, French President Emmanuel Macron stated he has had a “great discussion” with U.S. President Donald Trump regarding the introduction of a digital tax planned by France; both countries have agreed to collaborate and avoid further rise in tariffs. According to aa French diplomatic source, Macron and Trump have agreed to hold off…
On Monday, Brazilian President Jair Bolsonaro stated Brazil will not impose a tax on solar energy. The support will boost Brazil’s development of clean sources of power. Bolsonaro’s statement comes in the wake of Brazilian power regulator Aneel saying it will is weighing the pruning of incentives for solar power.
On Friday, Turkey’s official gazette stated, its new domestic electric car project will receive a fixed investment of $3.7 billion (22 billion lira) over a period of 13 years, and will have an annual production capacity of 175,000 vehicles. Its new domestic electric car project, launched on October 30, will receive state support, including tax…
In a complaint filed in the U.S. Court of Federal Claims, Amazon Inc has accused U.S. President Donald Trump of having a bias and exerting “improper pressure” in the awarding of a $10 billion cloud computing contract to its rival, Microsoft Corp. Amazon’s complaint states, Trump had launched a “repeated public and behind-the-scenes attacks to…
In a significant development, the United States has unveiled a procedure which is aimed at protecting its telecommunications networks as well as their supply chains, from national security threats. In May 2019, U.S. President Donald Trump had issued an executive order declaring a national emergency which bars U.S. companies from using telecommunications equipment made by…
business-gurus.com 