Britain is faced with the crucial question of whether or not to risk its equation with Beijing in the process of agreeing to Donald Trump administration’s proposal to disbar Huawei in order to stop them from constructing next-generation phone networks and computers. The company is the leader in China’s telecommunications industry. Apart from Britain, various… Continue reading US Asks Friends To Fight China’s Huawei
Category: Business
Tech Giants Vested With Too Much Power, Says Democratic Representative
Democratic Representative Alexandria Ocasio-Cortez has become an ardent social media user in Washington but the New York freshman stated that Silicon Valley firms had excessive power and that the present monopoly trend is economically and societally unsustainable. Ocasio-Cortez’s made these comments shortly after several HuffPost, BuzzFeed and other news organizations’ journalists were laid off. On… Continue reading Tech Giants Vested With Too Much Power, Says Democratic Representative
Saudi Cuts Its Exposure To Tesla: Report
It’s time to cringe the eyebrows of the management of Tesla as Saudi Arabia has withdrawn an insurance policy from its investment in the company, which was initiated to diversify the economy of the country. This has significantly reduced the net exposure of the stock. To be precise, the Public Investment Fund or PIF of… Continue reading Saudi Cuts Its Exposure To Tesla: Report
M&S To Use Ocado As Its Food Delivery Partner, Ocado Shares Jump
Word that Marks & Spenser which has been exploring online food delivery options to compete with rivals like Sainsbury’s could use services of Ocado had led to spike in its shares by nearly 6.7 %. Mail had reported last week that M&S may buy food distribution centers and vans from Ocado or allow the latter… Continue reading M&S To Use Ocado As Its Food Delivery Partner, Ocado Shares Jump