Donald Trump declares national emergency over threats against American telecom

Though no countries are specifically named in the emergency declaration, both the Trump administration and Congress have repeatedly singled out China's telecom giants ZTE and Huawei as potential threats to the United States, in particular their... More..

by | Published 4 days ago
Supreme Court rules consumers can sue Apple for App Store monopoly
by | Tuesday, May 14, 2019

Supreme Court rules consumers can sue Apple for App Store monopoly

A practical problem with Apple's theory, wrote Kavanaugh, is that it could give "monopolistic retailers" a way to avoid being sued under antitrust law: They could simply arrange their transactions to be commi...More..

Uber Is Going Public & You Can Invest for $45 per Share
by | Sunday, May 12, 2019

Uber Is Going Public & You Can Invest for $45 per Share

While there will be plenty of investors willing to accept short-term losses for long-term gain, Uber and Lyft will have much more competition in the autonomous taxi market than it now has in the ride-share ma...More..

GM plans to sell Lordstown factory to electrified ute company
by | Saturday, May 11, 2019

GM plans to sell Lordstown factory to electrified ute company

Shares of Workhorse soared more than 214 percent Wednesday after news of the negotiations and Trump's tweet broke. Trucks.com reported the offered a battery-electric prototype for USPS' request. The top...More..

Hackers steal $40m from Bitcoin vault
by | Friday, May 10, 2019

Hackers steal $40m from Bitcoin vault

More than $500 million was hijacked from Japanese exchange Coincheck early a year ago. A wallet is a digital means of storing cryptocurrency . However, the Binance Coin or BNB is down by more than 5% which i...More..

Facebook Co-Founder: It's Time to Break Up the Company
by | Friday, May 10, 2019

Facebook Co-Founder: It's Time to Break Up the Company

In 2012, he purchased a majority stake in the New Republic and spent years trying to turn the magazine into a more digitally driven media company. Hughes called on the USA government to "hold Mark accountable...More..

Trade war: Trump says China 'broke the deal' in trade talks
by | Friday, May 10, 2019

Trade war: Trump says China 'broke the deal' in trade talks

The Shanghai Composite Index fell 1.5% to close at 2,850.95. Trump said Sunday he might expand penalties to all Chinese goods shipped to the United States. "Our industry supports more than 18 million U.S. jobs ...More..

China makes statement on United States planned measures to raise tariffs
by | Thursday, May 09, 2019

China makes statement on United States planned measures to raise tariffs

Thousands of Chinese products - including fruit, vegetables and manufactured goods - would be affected by a decision to raise tariffs , while the USA has indicated that it would also be prepared to target th...More..

Why organizing Uber and Lyft drivers is a big challenge
by | Thursday, May 09, 2019

Why organizing Uber and Lyft drivers is a big challenge

The embattled drivers were seen picketing at airports, on bridges and even outside of Uber's headquarters in New York City , claiming they are being exploited and earning pennies on the dollar as massive com...More..

Iran tensions rise ahead of anniversary of deal pullout
by | Thursday, May 09, 2019

Iran tensions rise ahead of anniversary of deal pullout

The Trump administration has restored USA sanctions and extended them, effectively ordering countries around the world to stop buying Iranian oil or face sanctions of their own. Rouhani said that if the ultim...More..

Google announces more affordable Pixel 3a and 3a XL, starting at $399
by | Wednesday, May 08, 2019

Google announces more affordable Pixel 3a and 3a XL, starting at $399

The event will kick start on Tuesday, May 7 from 10 AM Pacific time (10:30 pm IST), in Mountain View, California. Google CEO Sundar Pichai and other executives will glance at the many features and impro...More..

BP CEO: Trump Is The Wild Card In Oil Markets
by | Sunday, May 05, 2019

BP CEO: Trump Is The Wild Card In Oil Markets

The US had told India and other countries to cut oil imports from the Gulf nation to "zero" by November 4 or face sanctions. The six-month waiver granted to India and others ends on Thursday, May 2. Turke...More..

Berkshire steps into fight for Anadarko on Occidental's side | AP business
by | Saturday, May 04, 2019

Berkshire steps into fight for Anadarko on Occidental's side | AP business

Occidental's smaller size and financial resources make its offer riskier for Anadarko shareholders than the $33bn proposal from Chevron . Chevron declined to say on Friday during its earnings call how it w...More..

Google feels competitors bite as ad profits slip
by | Friday, May 03, 2019

Google feels competitors bite as ad profits slip

Alphabet reported a first-quarter profit of $8.3 billion, down 6 percent from $8.9 billion in the year-earlier period. That figure does not include an expected charge of US$1.7 billion to account for an Eur...More..

Vodafone Confirms It Found Security Vulnerabilities in Huawei Equipment
by | Friday, May 03, 2019

Vodafone Confirms It Found Security Vulnerabilities in Huawei Equipment

The emergence of the security lapses - which according to Bloomberg were also found in Vodafone's networks in the UK, Germany, Spain and Portugal - comes as the USA tells the UK to ban Huawei from forthcoming...More..

Is This Apple’s Much-Anticipated iPhone 11?
by | Friday, May 03, 2019

Is This Apple’s Much-Anticipated iPhone 11?

Previous year alone, Apple spent about $70 billion on the buybacks, which, although the company can easily afford, is still astounding considering that it's five times more than what Apple spends on research an...More..

USA military action in Venezuela 'possible', says Pompeo
by | Thursday, May 02, 2019

USA military action in Venezuela 'possible', says Pompeo

Jorge Rodriguez, the country's information minister, wrote on Twitter that the "military traitors" who were seeking to promote a "coup" were being confronted. The United States and Russian Federation traded w...More..

Google records slowest quarterly growth since 2015 as competition mounts
by | Wednesday, May 01, 2019

Google records slowest quarterly growth since 2015 as competition mounts

The high prices put the phones in close competition to rival flagship devices from Apple and Samsung . They had expected first-quarter revenue of $37.33 billion, or $30.34 billion after accounting for the ...More..

Tesla’s Elon Musk and the SEC resolve dispute over his tweets
by | Monday, April 29, 2019

Tesla’s Elon Musk and the SEC resolve dispute over his tweets

Tesla CEO Elon Musk and the US Securities and Exchange Commission have apparently made nice again after a months-long standoff. The deal requires the entrepreneur to have his tweets about the auto company ...More..

Uber Aims for $84 Billion Valuation in Year's Largest IPO
by | Monday, April 29, 2019

Uber Aims for $84 Billion Valuation in Year's Largest IPO

Uber also said PayPal had agreed to purchase $500 million of stock in a private placement at the price the IPO eventually settles at. The investment is part of a deal to extend the payment company's partne...More..

Amazon is Bringing One-Day Shipping to Prime Members
by | Sunday, April 28, 2019

Amazon is Bringing One-Day Shipping to Prime Members

The two companies over the next few months planning to launch an official YouTube app on Amazon Fire TV devices and Fire TV Edition smart TVs, as well as the Prime Video app for streaming to Chromecast and Chro...More..

Ford pumps $500M into electric-car startup Rivian
by | Saturday, April 27, 2019

Ford pumps $500M into electric-car startup Rivian

In a statement, Ford CEO Jim Hackett says the partnership will bring a fresh approach to Ford's intelligent and electric vehicles. The Ford announcement comes two months after another giant American compa...More..

Tesla Investigates As Model S Bursts Into Flames In Shanghai
by | Thursday, April 25, 2019

Tesla Investigates As Model S Bursts Into Flames In Shanghai

Tesla delivered the very first $35,000 Model 3s to customers over the weekend, while also delivering on a promise that dates back to a time before Tesla's volume model even entered production. A burning T...More..

Tesla eyes 'robotaxis' by 2020 with new self-driving technology
by | Wednesday, April 24, 2019

Tesla eyes 'robotaxis' by 2020 with new self-driving technology

Tesla on Monday unveiled computer hardware for "full self-driving" capabilities as part of its strategy to bring autonomous cars to the mainstream. Made by Samsung Electronics in Texas, the chip now in all v...More..

Pinterest raises US$1.4 billion in IPO
by | Sunday, April 21, 2019

Pinterest raises US$1.4 billion in IPO

That may give it an edge in making money from its user base compared with some of its peers. Though investors have a history of welcoming high profile companies like Pinterest, Zoom also convinced investors o...More..