Huawei to stop making flagship chipsets as U.S. pressure bites, Chinese media say - Reuters
SHANGHAI/SHENZHEN, China (Reuters) - Huawei Technologies Co [HWT.UL] will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as the impact of U.S. pressure on the Chinese tech giant grows.
U.
TikTok prepares advertisers for possible app ban - Reuters
(Reuters) - TikTok is preparing advertisers for a possible ban of its app in the United States, ad buyers said, offering refunds for ad campaigns that are unable to run.
The short-form video app’s advertising business is still nascent. TikTok’s anticipated $1 billion in 2020 revenue is a small fraction of its
WeChat U.S. ban cuts off users link to families in China - Reuters
(Reuters) - U.S. President Donald Trump’s ban on transactions using popular Chinese messaging app WeChat will cut ties to families and friends in China, millions of users in the United States fear, as they become the latest casualties in the standoff between the two nations.
WeChat, owned by Chinese internet giant Tencent Holdings Ltd ( 0700.
Nokia's new CEO adopts wait and see strategy in 'dream job' - Reuters
STOCKHOLM/HELSINKI (Reuters) - Nokia’s new chief executive Pekka Lundmark said he will take time to re-acquaint himself with the Finnish telecom equipment maker before setting a strategy, as the company jostles for position in the highly political 5G race.
U.S. government pressure to limit the use of China’s Huawei [HWT.UL]
Mahindra seeks investors for electric vehicle business - Reuters
NEW DELHI (Reuters) - Indian automaker Mahindra & Mahindra is looking for investment partners for its domestic electric vehicles business and is finalising investment plans for its Automobili Pininfarina unit, the group’s managing director said on Friday.
The automaker wants to be a key player in mass-market
Alzheimer's drug from Biogen to get speedy U.S. review - Reuters
(Reuters) - The U.S. Food and Drug Administration will conduct an expedited review of an experimental Alzheimer’s drug from Biogen Inc and Japan’s Eisai Co Ltd, the companies said on Friday, the first application in 17 years to be reviewed by the agency for a treatment of the mind-robbing disease.
Biogen’s shares were up 9% at
Tired of Zoom calls? Company offers at-home hologram machines - Reuters
LOS ANGELES (Reuters) - Looking for a new way to communicate during the pandemic? A Los Angeles company has created phone booth-sized machines to beam live holograms into your living room.
The device made by PORTL Inc lets users talk in real time with a life-sized
Death toll from Beirut port blast rises to 154, says Lebanon state news agency - Reuters
BEIRUT (Reuters) - The death toll from the Beirut port explosion has risen to 154, state news agency NNA cited Lebanon’s health minister as saying on Friday.
Minister Hamad Hasan said one in five of the some 5,000 people injured in Tuesday’s blast had required hospitalisation, and 120 were
Facebook’s dilemma: How to police claims about unproven COVID-19 vaccines - Reuters
LONDON/NEW YORK (Reuters) - Since the World Health Organization declared the novel coronavirus an international health emergency in January, Facebook Inc ( FB.O ) has removed more than 7 million pieces of content with false claims about the virus that could pose an immediate health risk to people who believe them.
Trump issues bans on China's TikTok, WeChat, stoking tension with Beijing - Reuters
WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday unveiled sweeping bans on U.S. transactions with China’s ByteDance, owner of video-sharing app TikTok, and Tencent ( 0700.HK ), operator of messenger app WeChat, in a major escalation of tensions with Beijing.