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US Commerce Dept. Says American Firms To Be Allowed To Work With Huawei On 5G Standards Setting

The prohibitions that were imposed on companies of the United States in doing business with Huawei Technologies of China will be amended by the Trump administration so that the American companies can work together with the Chinese company to set standards for the development of next-generation 5G...

Zoom Faces Political Trouble In Washington And Beijing; Gets Lobbyists Ready

The virtual video conference meeting service provider Zoom Video Communications that shot to fame during the novel ocornavirus pandemic as millions hooked on to its services during the lockdowns and work from home orders all across the world, is facing political hurdles in the many countries now...

China Approves American Express JV To Start Operations In The Chinese Market

A network clearing license for a joint venture of the United States based credit card offering company American Express has been given the nod by the central bank of China. This will make the American firm the first foreign credit card company that will be launching business in he Chinese market....

Nestle Contemplates Shedding Its Water Business In North America

As a part of its changed corporate strategy to focus to better performing brands, Nestle is exploring a potential sale of a portion of the company’s water business in North America, the said, and added that the sale will include the Pure Life brand.   Regional spring water brands like Poland...

Discriminatory Housing And Job Ads To Be Barred By Google

Any advertisements for housing, employment and credit that are posted on the platforms of Alphabet Inc’s Google that are targeted on the basis of postal code, gender, age, parental status or marital status will be barred by the it, the company has said, as a part of its efforts to tackling unlawful...

Production Of Semi Trucks To Be Accelerated By Tesla: Reports

It was time to bring the Tesla Semi commercial truck to "volume production," Tesla Inc Chief Executive Elon Musk has conveyed to the company’s staff, according to reports, that pinned this message to the jump in the share prices of the Tesla’s rival clean truck maker Nikola Corp.   This...

If TSMC Is Unable To Sell Chips To Huawei, It Will Fill Gap

If the restrictions on the Chinese telecom giant Huawei to buy from United States companies is imposed strictly, any gap created for the Chinese company in terms of semiconductors could be quickly filled in by Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the chairman of the company said on...

US FCC Urged By Chinese Telecom Firms Not To Block Operations In The Country

Tow Chinese telecom companies, Pacific Networks and its wholly owned subsidiary ComNet (USA) LLC, has called of the Federal Communications Commission (FCC) of e United States to not stop them from doing business in the US.    Three state-controlled Chinese telecommunications companies,...

IBM Exits Facial Recognition Segment Over Concerns Of Human Rights Concerns

With the tech giants of the United States coming under fire for extending technology for facial recognition to government agencies, it has beared down hard on the public image of the companies.     This backlash has now forced tech giant IBM to announce that the company was exiting...

Covid-19 Induced Salary Cuts In Emirates And Etihad To Be Extended

Middle East airlines Emirates and Etihad Airways are increasing the period for which their staff will be paid lower salaries till September this year because of the need to save on cash at hand during the economic slump because of the novel coronavirus pandemic.   The pandemic outbreak has...

GM Plans To Pre-Empt Tesla With A New Electric Van: Reuters

A new model of electric van is being developed by General Motors Co with the aim of targeting it for the business users, said a report published by the news agency Reuters. With this development GM now become part of the group of car makers that target the same segment of customers with electric...

Amazon In Negotiations With India’s Bharti Airtel To Pick Up A Stake Worth $2 Billion

Reports from India have suggested that United States based largest e-commerce company of the world Amazon is currently in talks with the Indian telecom and mobile operator Bharti Airtel to pick up a stake in the company for an estimated value of at least $2 billion. Sources reportedly told the...
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