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CEO of major Asian bank says 'a big, big challenge' is looming for the global economy (Jul 19, 2020)
Banks could experience "far more damage" to their balance sheets when stimulus measures that are keeping many businesses afloat are rolled back, said Piyush Gupta, group CEO of Singaporean lender DBS.
CNBC
EU competition regulators are seeking information from 400 companies to establish if there are problems in the market for voice assistants such as Alexa and Siri and other internet-connected devices that could lead to antitrust cases.
Reuters
The companies said they will collaborate on technologies that improve operations, optimize production quality and enhance worker safety.
ZDNet
Britain's decision to ban China's Huawei from next-generation 5G telecom networks is the latest blow to the global leader in telecom equipment and could help lay the groundwork for broader changes in the industry.
Reuters
Corning and EnerSys have announced a strategic collaboration to speed 5G deployment by simplifying the delivery of fiber and electrical power to small-cell wireless sites.
Company release
Companies that relocated operations from mainland China to avoid tariffs have seen the purpose of that move 'totally defeated'
South China Morning Post
Microsoft executive Phil Spencer said xCloud would be launched for free to customers of its Xbox Game Pass subscription service.
CNBC
The biggest US banks are setting aside billions of dollars to deal with toxic loans as support from the government falls off in the months ahead, a sign that some of the worst economic damage from the pandemic is still to come.
CNN
Microsoft Corp said on Thursday it had trimmed its workforce across geographies and teams as it entered a new fiscal year from July 1.
Reuters
China will take necessary measures in response to Britain's "discriminatory" ban on Huawei, which has severely damaged China's investment confidence in the country, China's Commerce Ministry said on Thursday.
Reuters
Among the many types of inequality in the United States laid bare by the coronavirus pandemic is the digital divide between those who can access the internet at home and those who can't.
CNN
China reported that the country's economy grew by 3.2% in the second quarter of the year, compared to a year ago.
CNBC
In 2018 Xiaomi released its first electric scooter that appeared across cities from various providers. Today, the company revealed a couple new electric scooter options, fitness band, wireless earphones, TV stick, and a curved gaming monitor.
ZDNet
5G isn't here yet, but that isn't stopping Samsung from looking ahead to the next, next-generation of mobile connectivity.
CNET
The UK's mobile providers are being banned from buying new Huawei 5G equipment after 31 December, and they must also remove all the Chinese firm's 5G kit from their networks by 2027.
BBC News
China's imports in June rose for the first time since the coronavirus crisis paralysed the economy, as government stimulus stoked demand for commodities, while exports, fuelled by medical goods, also rose in a sign the recovery is gaining traction.
Reuters
Google is reportedly in talks to buy a stake in Mukesh Ambani's Jio Platforms, which has been valued at $65 billion.
CNBC
A Covid-19 vaccine developed by the biotechnology company Moderna in partnership with the National Institutes of Health has been found to induce immune responses in all of the volunteers who received it in a Phase 1 study.
CNN
BT's chief has said it would be "impossible" to remove Huawei from the whole of the UK's telecoms infrastructure before 2030.
BBC News
Apple's store closures could've harmed its iPhone sales and led to the company ordering too few OLED panels to meet its contract with Samsung.
CNET
It's part of the company's $2.5 billion pledge to combat California's housing crisis.
engadget
Silver Peak will be combined with HPE's Aruba business unit to bolster its position in the software-defined wide area network market.
ZDNet
The cash will be doled out over the next five-to-seven years.
engadget
Singapore's economy slipped into recession in the second quarter, contracting by a record 41.2% from the previous three months and is facing its biggest slump ever this year as coronavirus lockdown steps hammer the trade-reliant city-state.
Reuters
SoftBank has hired Goldman Sachs to advise it on a potential IPO or sale of chip designer Arm Holdings.
CNBC
Rajeev Misra, the chief executive of the colossal SoftBank Vision Fund, has revealed where he's been investing during the coronavirus pandemic.
CNBC
China is building tens of thousands of 5G base stations every week. Whether it wins technological dominance or not, domestic supply chains may be revived and allow the country to maintain and advance - its position as the factory floor of the world
Yahoo!News
Qualcomm has become the newest high-profile backer of four-year-old Reliance Jio Platforms, which has raised more than $15.7 billion in the past 12 weeks from as many investors.
Yahoo!News
Companies around the world will take on as much as $1 trillion of new debt in 2020, as they try to shore up their finances against the coronavirus, a new study of 900 top firms has estimated.
Reuters
The Trump administration plans to finalize regulations this week that will bar the U.S. government from buying goods or services from any company that uses products from five Chinese companies including Huawei, Hikvision and Dahua, a U.S. official said.
Reuters
Sony is taking a minority stake in Epic, in a strategic investment deal that expands on an existing relationship between both firms.
CNBC
BT and Vodafone have said their UK customers would face mobile phone signal blackouts if they are given three years or less to strip Huawei's equipment out of their 5G networks.
BBC News
Adding to other services like Philo
The Verge
Nvidia has overtaken Intel for the first time as the most valuable U.S. chipmaker.
Reuters
Today, Intel announced Thunderbolt 4, it's newest connectivity standard. You might recall that the company is actually letting go of Thunderbolt 3, with its 40Gbps speeds being offered up to USB 4.0.
Neowin.net
Qualcomm's flagship SoC gets a midcycle upgrade with the latest Wi-Fi standard.
Ars Technica
It could reduce costs but also help the environment
The Verge
The Fenix 6S gets an extra day and a half of life with the built-in solar panel.
engadget
You don't need an Apple TV box to sing along to Apple Music on your TV.
engadget
Ericsson is not sourcing products from Panda Electronics Group, one of the companies named by the United States as potentially controlled by the Chinese military, the Swedish telecom gear maker said on Tuesday.
Reuters
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