Going by its tease, expect at least five color options for the new iphones. Apple Inc is slated to host an event on September 10 at the Steve Jobs Theater in its California campus. It is widely expected that Apple will unveil its latest iphone models during the event. In an invite to the event…
In recent years, Huawei has shot up surprising fast into the global smartphone business. A U.S. ban citing theft of intellectual property and being a threat to U.S. national security has however crippled its sales outside China. On September 18 Huawei Technologies plans to launch its new Mate 30 line of smartphones in Munich, said…
Cyberreason’s strength lies in its core offering – Endpoint Protection Platform. On Tuesday, Antivirus startup Cybereason disclosed, it has raised $200 million in investment from Japan’s SoftBank Group Corp. Founded in 2012, so far the Boston-based company has managed to raise $400 million in funding rounds. Previously it raised capital from Spark Capital, CRV, and…
The layoffs are expected to be in the hundreds and is likely to effect those in research positions in the company.
Nokia should be able to gain stronger traction in the 5G race, given the impact of the U.S.-China trade war on Huawei. According to Markus Borchert, Nokia’s president of Greater China, Nokia Oyj is not immune from the U.S.-China trade war. “The uncertainty has impacted the investor community and the economy at large. At Nokia…
Senator Marco Rubio files legislation which prevents certain companies from seeking damages in U.S. patent courts. In a significant development, U.S. Senator Marco Rubio has filed legislation aimed at preventing Huawei Technologies Co Ltd from seeking damages in U.S. patent courts. The move comes after the Chinese company demanded that Verizon Communications Inc pay $1…
Under pressure from the U.S.-China trade war, Huawei’s CEO Ren Zhengfei sees a revival of the company’s fortunes only in 2021. As per a report from Bloomberg, Huawei Technologies Co Ltd is preparing for a 40% to 60% decline in sales from the international market. According to Bloomberg’s report which cites sources familiar with the…
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…
The upswing in Bitcoin prices comes at a time of ongoing blockchain and cryptocurrency conference in New York, which is attended by influential market players and big investors. Late on Monday, the price of bitcoin surged to more than $8,000 – its highest level since July 2017. The crypto currency’s rally is gaining further momentum.…
The strategic move can potentially benefit both Apple and Foxconn as it can significantly diminish the impact of the U.S.-China trade war, as well as take advantage reduced import duties. According to a source familiar with the matter at hand, Apple Inc will begin assembling its high-end iPhones in India through a local unit of…
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