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The trade war between the United States and China entered a more dangerous phase on Monday, as Beijing allowed its currency to weaken, Chinese enterprises stopped making new purchases of American farm goods and President Trump's Treasury Department formally labeled China a currency manipulator.
New York Times
After so many years of meh
PC World
Shares of chipmakers, retailers, Apple and Wynn Resorts tumble on fears that the U.S. and China's trade war is escalating.
CNBC
But don't expect to hitch a ride in the machine for several years.
engadget
Investors are so nervous about the trade war with China that they are frantically scooping up US government bonds and pushing yields sharply lower in the process.
CNN
IBM announced on Monday a new blockchain network aimed at improving manual and cumbersome supply chain management.
Reuters
List of vulnerable products purchased by the DoD includes Lexmark printers, GoPro cameras, and Lenovo computers.
ZDNet
The Trump administration on Monday designated China a "currency manipulator," after the country's central bank allowed its currency to weaken amid the ongoing trade dispute.
CNN
Japan will remove South Korea from its list of trusted trade partners, deepening a bitter row between the two countries.
BBC News
You won't be able to buy Bitcoin with your Apple Card, and you'd better not hack the iPhone associated with your account.
CNET
New tariff plan wipes out $41 billion in market cap, as analyst sees as much as $3 billion hit to earnings
MarketWatch
Huawei is testing a smartphone equipped with Hongmeng, the company's self-developed operating system, which could potentially go on sale by the end of this year, Chinese state-media outlet Global Times reported.
Reuters
President Donald Trump said Thursday that he will add a new tariff on $300 billion of Chinese-made products on September 1, which would effectively put a tax on all Chinese goods coming into the United States.
CNN
Google, once an exclusive partner for some of Intel's early server chip launches, is now rumored to be considering a swich to AMD's Epyc server platform, according to Lynx Equity Research.
Tom's Hardware Guide
South Korean chipmakers are hitting a dead end in their quest to find alternatives for key Japanese materials that have been slapped with export restrictions, raising the prospect of major disruption to their operations in the coming months.
Reuters
German chipmaker Infineon expects to meet its lowered guidance for the year to Sept. 30, it said on Thursday after posting third-quarter sales and profit in line with market expectations.
Reuters
Intel has applied for licenses to sell some of its products to Huawei following the blacklisting of the Chinese technology giant and a subsequent easing of restrictions on the firm.
CNBC
Cisco has settled with federal, state and local agencies for $8.6 million in a first-of-its-kind whistleblower case involving cybersecurity issues.
CNBC
Huawei doubles down at home and starts taking share in 5G, and isn't using Qualcomm parts to do it
MarketWatch
Fitbit said the outlook change was due to weaker sales of its Versa Lite device.
CNBC
Qualcomm's quarterly revenue and profit forecast fell short of Wall Street targets, driven by Huawei's strong gains in the Chinese smartphone market.
Reuters (via Yahoo! Finance)
Trump's trade wars would directly impact console production
The Verge
The US-China trade war might be having a chilling effect on business investment, but it's not derailing the splurge in share buybacks.
CNN
AMD sees third-quarter sales of up to $1.85 billion, Street expected $1.94 billion
MarketWatch
Apple's iPhone made up less than half of the company's sales for the first time since 2012.
CNBC
Doctors have turned the brain signals for speech into written sentences in a research project that aims to transform how patients with severe disabilities communicate in the future.
The Guardian
Chip designer Dialog Semiconductor is still in the market for takeovers, and any deal it does is likely to be bigger than a recent transaction it did with Silicon Motion, CEO Jalal Bagherli said.
Reuters
Qualcomm and Tencent said on Monday they will cooperate on projects that could include making the Chinese company's videogames play better on devices with Qualcomm chips, and create a 5G version of a Tencent-backed gaming phone.
Reuters
Is Team Red dominating the world?
Techradar
Southeast Asian ride-hailing firm Grab said Monday it will invest $2 billion into Indonesia over the next five years using funds from SoftBank Group.
CNBC
In one of the biggest-ever data breaches, a hacker gained access to more than 100 million Capital One customers' accounts and credit card applications earlier this year.
CNN
The US says if it doesn't get the changes it wants, it will not apply 'developing country' status to countries it thinks no longer qualify for special treatment.
South China Morning Post
After iPhone sales have stalled over the last few quarters, Apple's looking to regain some momentum.
CNET
Profits earned by China's industrial firms fell 3.1% in June from a year earlier, according to the country's National Bureau of Statistics.
CNBC
U.S. President Donald Trump said on Friday he wanted Apple to build its plants in the United States and expects the technology firm to announce it will build one in Texas.
Reuters
Wearers can adjust temperature via a smartphone app.
CNET
The Finnish telecom equipment maker said Thursday that sales increased 7% in the second quarter.
CNN
UPS said Flight Forward could receive FAA certification for multiple drones and pilots as early as this year, potentially becoming the first company to win such approvals.
Reuters
AWS continues to lead the cloud infrastructure market, but Microsoft is gaining ground. Last week, Microsoft reported 64% growth in Azure revenue.
CNBC
Xilinx said its financial results were hurt by the US government ban against China's Huawei Technologies, and it has asked for permission to resume broader shipments to its Chinese customer.
Bloomberg
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