Military to military discussions on future 5G networks are going well, said Ellen Lord, the Department of Defense’s under secretary of defense for acquisition and sustainment. With the United States determined to secure and position itself for the next generation of 5G devices, it is conscientiously pushing away Chinese telecommunications equipment maker Huawei Technologies, which…
With this strategic move, Facebook is trying to easing into the online retail market which is dominated by the likes of Amazon.com Inc and Walmart Inc. Facebook-owned Instagram stated, it is testing a feature that allows U.S. users to shop and purchase items that have been tagged for sale through its “checkout” feature. The unveiling…
Chinese telecom company ZTE Corp had been subject to U.S. sanctions. Its controlling state-owned controlling shareholder Zhongxingxin Telecom plan on selling as much as 2% of its shares once the stock has doubled its value. According to regulatory filing, the controlling stakeholders of China’s ZTE Corp’s plan to slash their stake, by as much as…
Boeing had been working on the software upgrade since Lion Air’s crash in October 2018. Following a statement from the U.S. Federal Aviation Administration that it would mandate “design changes” in Boeing’s 737 MAX 8 aircraft, the airplane maker confirmed that it would do so by April. On Sunday, Ethiopian Airlines crash in connection to…
The similarities between the November 2018 Kaspersky Lab’s case, which was dismissed, with Huawei’s lawsuit increases the likelihood that it will meet the same fate. On Thursday, controversial Chinese telecoms equipment maker Huawei Technologies Co Ltd confirmed that it is suing the U.S. government over a section of a defense bill which became law in…
Canada has until midnight on Friday (0500 GMT Saturday) to announce its decision. On Friday, in a potentially significant development, Canada is expected to announce that the extradition hearing against Huawei Technologies Co Ltd’s Chief Financial Officer can proceed, opined legal experts. In December 2018, Canadian police had Meng Wanzhou, Huawei’s CFO in Vancouver at…
Mike Pompeo’s underscores and highlights the growing and significant risks to using Chinese technology given their connection to the Chinese state. On Friday, Mike Pompeo, the Secretary of State of the United States of America highlighted the fact that the countries need to keep their “eyes wide open” on the risks of using Chinese technology…
Tech-savvy KKR has prior experience in the music industry given its earlier deal with Bertelsmann; however negotiations with Vincent Bollore are expected to be tough, especially if KKR and Tencent push for a controlling stake. According to sources familiar with the matter at hand, China’s Tencent Music Entertainment Group and U.S. buyout fund KKR are…
Demisto develops and markets automation tools for information security management, including a chatbot that assists in handling tasks. Palo Alto Networks Inc, a cyber security company stated it would be acquiring Demisto Inc, a U.S.-Israeli information security firm for $560 million using cash and stock. Founded in 2015 by four McAfee executives, Demisto develops and…
Dismissing reports that New Zealand will adopt Britain’s approach, Prime Minister Jacinda Ardern stated, Wellington would independently assess the risk of using China’s Huawei Technologies in its 5G networks. On Monday, New Zealand’s Prime Minister Jacinda Ardern stated, Wellington would independently assess the risk of using China’s Huawei Technologies in its 5G networks. The development…
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