Around the web
19 Feb 202018 Feb 202017 Feb 202014 Feb 202013 Feb 202012 Feb 202011 Feb 202010 Feb 2020
HSBC on Tuesday said it would cut around 35,000 jobs and dramatically overhaul its business after its profit plunged by a third in 2019.
CNN
The mid-range phones will be launched in the second quarter of 2020.
CNET
Exclusive: TCL is making a phone with an extendable screen that you can turn into a tablet. A working prototype was to debut next week, before concern for the coronavirus resulted in a canceled trade show.
CNET
Bezos Earth Fund will fund efforts to protect the planet from effects of climate change.
CNET
Nintendo is likely to struggle to supply sufficient Switch consoles to its US and European markets as soon as April due to a production bottleneck caused by the coronavirus outbreak, according to people with knowledge of the company's supply chain.
Bloomberg
Almost 60% of the firms expect demand to be lower than normal over the next few months, nearly half said their global supply chain had already been affected by the business shutdown, and about a third of them will consider moving operations out of the country if this continues.
Bloomberg
Singapore has reported one of the highest numbers of confirmed coronavirus cases outside China.
CNBC
Japan's recession risks grow as economy skids in fourth quarter, virus clouds outlook (Feb 17, 2020)
Japan's economy shrank at the fastest pace in almost six years in the December quarter as last year's sales tax hike hit consumer and business spending, highlighting a fragile outlook made worse by growing coronavirus risks.
Reuters
The Trump administration will not change its intelligence sharing policy with the United Kingdom despite contentious disagreements over the UK's recent decision to rely on China's Huawei to help build its next generation of super-fast wireless networks, senior administration officials said Friday.
CNN
The U.S. government's antitrust victory over chip supplier Qualcomm drew tough questions for the Federal Trade Commision from a panel of three appellate judges in San Francisco on Thursday.
Reuters
In a year where the 5G radio will be the new iPhone's spotlight feature, Apple has decided to design the phone's antenna itself.
Fast Company
Alibaba had a great quarter to close out 2019, with strong gains in revenue and earnings that topped analysts' forecasts.
CNN
The temporary general license allowing American companies to do business with Huawei has been extended again.
CNET
Samsung Electronics said on Friday that board chairman Lee Sang-hoon, who was sentenced to jail in December for sabotaging union activities, had offered to resign, without elaborating on a reason.
Reuters
U.S. prosecutors on Thursday accused Huawei of stealing trade secrets and helping Iran track protesters in its latest indictment against the Chinese company, escalating the U.S. battle with the world's largest telecommunications equipment maker.
Reuters
A federal judge on Thursday ordered a temporary block on the JEDI cloud contract in response to a lawsuit filed by Amazon.
CNBC
Broadcom on Thursday released a new chip aimed at eliminating choppy phone calls and music on Bluetooth headphones.
Reuters
The US has expanded its lawsuit against Huawei, accusing the Chinese telecoms giant of a "decades-long" plan to steal technology from US firms. Prosecutors said Huawei had violated the terms of partnerships with US companies and stolen trade secrets such as source code and robot technology.
BBC News
Some 242 people died from the new coronavirus in the Chinese province of Hubei on Wednesday - the deadliest day since the outbreak began. There was also a huge increase in the number of cases, with 14,840 people diagnosed with the virus.
BBC News
The crowd is now buying on the news of the coronavirus slowing, even though the stock market is higher now than when the coronavirus first emerged.
MarketWatch
Spanish media is reporting that trade body the GSMA, which organises MWC, will meet to decide whether to cancel the event entirely on Friday.
BBC News
Chinese President Xi Jinping warned top officials last week that efforts to contain the new coronavirus had gone too far, threatening the country's economy, sources told Reuters, days before Beijing rolled out measures to soften the blow.
Reuters
Talk of the risk of the world's two major powers "decoupling" surfaced as their trade battle, which began in 2018, heated up - leading to billions of dollars of tariffs imposed on each other's goods.
CNBC
At its annual February announcement, the company revealed its flagship Galaxy S20 phones featuring a new super large model, the Z Flip foldable and Galaxy Buds Plus.
CNET
US hasn't made evidence public but reportedly shared it with UK and Germany.
Ars Technica
China's Hubei province on Wednesday reported its lowest number of new coronavirus cases since January, lending credence to a prediction from the country's senior medical adviser that the outbreak could be over by April.
Reuters
SoftBank Group's stock was last 10.58% higher on Wednesday morning after skyrocketing more than 12% earlier in the session.
CNBC
Nissan is the latest car maker to temporarily shut one of its factories as it can't get parts from China. The firm will halt production for two days at a plant in Japan which makes the Serena and X-Trail models.
BBC News
How far will Elon Musk go to keep his Tesla stock soaring? He's already gone further than you'd think.
CNN
The Shenzhen, China-based company still will attend the conference in Barcelona, Spain.
CNET
The South Korean electronics giant is holding its annual "Unpacked" event on February 11 where it is expected to launch the phone officially.
CNBC
The White House on Monday will propose a big jump in U.S. government spending on artificial intelligence (AI) and quantum information sciences research and development in its 2021 budget proposal, two people briefed on the plan said.
Reuters
Xerox has boosted its offer to acquire HP to $24 per share, or about $34 billion.
CNBC
But don't get too excited just yet.
engadget
Apple's main iPhone maker Foxconn got the green light on Monday to reopen two major plants in China closed because of the coronavirus and aims to resume production even though only 10% of the workforce has returned so far, a source told Reuters.
Reuters
Britain takes U.S. concerns about its use of Huawei equipment seriously but is confident a trade deal with the United States will be among its first after leaving the European Union, its foreign secretary said on Monday.
Reuters
Local Chinese authorities have not blocked Apple supplier Foxconn from resuming production amid a coronavirus outbreak, they said in a statement on Sunday, denying an earlier report in the Nikkei Business Daily.
Reuters
Singapore's central bank on Sunday said it had advised financial institutions in the city-state to take additional measures and precautions after the government raised its coronavirus alert level.
Reuters
China's Xiaomi, Huawei, Oppo and Vivo are joining forces to create a platform for developers outside China to upload apps onto all of their app stores simultaneously, in a move analysts say is meant to challenge the dominance of Google's Play store.
Reuters
Deutsche Telekom has told supplier Nokia it must improve its products and service to win business installing the German group's 5G wireless networks in Europe, according to internal documents and a source with direct knowledge of the matter.
engadget
67/1504 pages