Huawei CEO: Effects from USA trade restrictions are limited:The Asahi Shimbun

But Reuters reports that chip experts aren't buying this talk. The Bureau of Industry and Security (BIS) of the U.S. Department of Commerce put Huawei and its affiliates on an "Entity List", which would restrict the sale or transfer of U.S.... More..

by | Published more than a month ago
Does Tesla need to accept its Autopilot is faulty?
by | Monday, May 20, 2019

Does Tesla need to accept its Autopilot is faulty?

NTSB investigators are also probing how the electric Tesla's batteries behave after accidents following several fires. But let's unpack, briefly, what might be going on with these Teslas-and why there isn'...More..

NTSB: Autopilot was in use before Tesla hit semitrailer
by | Monday, May 20, 2019

NTSB: Autopilot was in use before Tesla hit semitrailer

The accident, which involved the Tesla Model 3 driving into and then under a semi's trailer, saw the Tesla's roof sheared completely off the vehicle and its occupant instantly killed. Among seven recommendati...More..

Walmart takes on Amazon in next-day delivery contest
by | Thursday, May 16, 2019

Walmart takes on Amazon in next-day delivery contest

Eligible items may vary by customer location with shipping from the closest fulfillment center. The company plans to reach 75 percent of the USA population with NextDay delivery by year-end, while continuing ...More..

You Can Now Request a Quiet Ride With Uber Black
by | Thursday, May 16, 2019

You Can Now Request a Quiet Ride With Uber Black

Those rides where you just want peace and quiet to reflect and your driver bombards you with endless questions or even worse, they unload on you about something leaving you unsure how to respond. Fine. The prob...More..

Bitcoin tops $8,000 as it hits highest since July 2018
by | Thursday, May 16, 2019

Bitcoin tops $8,000 as it hits highest since July 2018

Bitcoin was last up almost 17% at $8,131 on the Bitstamp exchange, the largest daily percentage jump since early April. Bitcoin advanced 11% from Friday to $6 957.73 as of 09:01 Tokyo time, having earlier ...More..

Crowned by Burger King, meat replacement company Impossible Foods raises $300 million
by | Wednesday, May 15, 2019

Crowned by Burger King, meat replacement company Impossible Foods raises $300 million

On the faux hoofs of Beyond Meats' thunderous initial public offering a couple of weeks ago, Impossible Foods yesterday announced it has raised an additional $300 million in financing, bringing the total ...More..

U.S. stocks plummet on concerns over growth, earnings prospects
by | Wednesday, May 15, 2019

U.S. stocks plummet on concerns over growth, earnings prospects

And on Monday, China announced retaliatory tariffs against the USA, hitting $60 billion in annual exports to China with new or expanded duties that will reach 25 percent. The new tariffs largely affect busine...More..

Amazon offers employees $10,000 to quit, launch delivery business
by | Tuesday, May 14, 2019

Amazon offers employees $10,000 to quit, launch delivery business

TIME reports that the program started a year ago and it's part of the company's plan to launch an independent Amazon delivery business. According to the announcement, Amazon developed the new arm of the ...More..

Stocks Fall After China Announces Retaliatory Tariffs
by | Tuesday, May 14, 2019

Stocks Fall After China Announces Retaliatory Tariffs

A new aid program would be the second round of assistance for farmers, after the Department of Agriculture's $12 billion plan previous year to compensate for lower prices for farm goods and lost sales stemmin...More..

Jury returns $2 billion verdict against Monsanto for couple with cancer
by | Tuesday, May 14, 2019

Jury returns $2 billion verdict against Monsanto for couple with cancer

In addition to the Hardeman and Pilliod cases, a jury in San Francisco previous year initially awarded a man, Dewayne Johnson , $289 million in a case related to non-Hodgkin's lymphoma and glyphosate-based pro...More..

Saboteurs attack Saudi oil vessels amid Middle East tensions
by | Tuesday, May 14, 2019

Saboteurs attack Saudi oil vessels amid Middle East tensions

It is the world's most important oil artery. He emphasized the joint responsibility of the worldwide community to protect the safety of maritime navigation and the security of oil tankers, as these incidents ...More..

China will raise tariffs on some U.S. goods from June 1
by | Tuesday, May 14, 2019

China will raise tariffs on some U.S. goods from June 1

China's finance ministry said it plans to set import tariffs ranging from five percent to 25 percent on 5,140 U.S. products on a target list worth about $60 billion. In a series of tweets on Monday, Trump sa...More..

China still 'cautiously optimistic' on US trade talks despite new tariffs
by | Tuesday, May 14, 2019

China still 'cautiously optimistic' on US trade talks despite new tariffs

China's Vice Premier Liu He gestures to U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer outside the office of the U.S. This week's tariff move is likely to have significan...More..

Supreme Court rules that consumers can sue Apple for App Store practices
by | Monday, May 13, 2019

Supreme Court rules that consumers can sue Apple for App Store practices

If Apple is found to be a monopolist they may have to refund billions to consumers or may even be forced to open up the iPhone to alternate app stores . Apple takes a cut of everything you buy in the iOS App S...More..

Uber starts trading at $42 a share, 6.7% below IPO price
by | Monday, May 13, 2019

Uber starts trading at $42 a share, 6.7% below IPO price

Uber's first day of trading on Friday failed to take off as expected, with shares in the world's largest ride-hailing service trading down in volatile early trading, a surprising turn of events for the large...More..

White House expects China to retaliate over trade tariffs
by | Monday, May 13, 2019

White House expects China to retaliate over trade tariffs

President Donald Trump said on Twitter over the weekend that " We are right where we want to be with China ". Beijing said it would make no concessions on core principles, even as the two sides eye more ...More..

Etihad Seeks To Acquire Additional Stakes In Jet Airways
by | Monday, May 13, 2019

Etihad Seeks To Acquire Additional Stakes In Jet Airways

On April 17, Jet Airways, India's largest private airline at one point of time, made a decision to shut down its operations as the consortium of lenders, led by SBI, refused to consider extending Rs 400 crore e...More..

Oil gains despite mounting US-China trade tensions
by | Monday, May 13, 2019

Oil gains despite mounting US-China trade tensions

Brent is down slightly on the week, on course for its second weekly loss, while USA crude is set for a weekly gain of 0.2% in what would be its first gain in three weeks. The global benchmark contract was tra...More..

Local unemployment rate down slightly from April to March
by | Monday, May 13, 2019

Local unemployment rate down slightly from April to March

This was by and large a solid report". "It seems like there's a little more strength left in the Canadian economy", Brian DePratto, a senior economist at Toronto Dominion Bank, said in a telephone interview. ...More..

Death Of Child Triggers Three-Drawer Chest Recall
by | Monday, May 13, 2019

Death Of Child Triggers Three-Drawer Chest Recall

The company urged consumers to immediately stop using any chests that were not "properly anchored to the wall" and place them in areas where children can not access them. The recall involves Libra style 3-dra...More..

Dyson offers a first glimpse of its electric vehicle plans
by | Sunday, May 12, 2019

Dyson offers a first glimpse of its electric vehicle plans

In other words, a Tesla Model X rival. The patents for Dyson's first electric vehicle have been made public, providing the first glimpse of the auto that the UK-based company hope will compete with the like...More..

VW's E-Car Exceeds Expectations, Still Trails Tesla Model 3
by | Sunday, May 12, 2019

VW's E-Car Exceeds Expectations, Still Trails Tesla Model 3

Design-wise, the ID.3 is still mostly covered in camouflage. It will be the first of more than 20 electric models coming from Volkswagen in the next few years. All models will be capable of 125kW DC fast char...More..

Deleting Alexa recordings doesn't wipe the transcripts
by | Sunday, May 12, 2019

Deleting Alexa recordings doesn't wipe the transcripts

Senators from four different states, including Missouri and IL, are calling on the FTC to investigate the " Amazon Echo Dot Kids Edition ". The complaint also says that the Echo Dot Kids Edition allow...More..

Uber prices blockbuster IPO conservatively to raise $8.1 billion
by | Saturday, May 11, 2019

Uber prices blockbuster IPO conservatively to raise $8.1 billion

The IPO was oversubscribed, but Uber settled for a lower price to avoid a repeat of Lyft's IPO in late March, which priced strongly but was followed by a plunge in the company's shares. Khosrowshahi was accom...More..

Australia two-year government bond yield hits record low ahead of RBA
by | Friday, May 10, 2019

Australia two-year government bond yield hits record low ahead of RBA

At 1506 AEST, it had retreated slightly but was still worth 70.39 United States cents, from 70.00 just before the RBA decision. "The board judged that it was appropriate to hold the stance of policy unchang...More..

GM Announces Makeover of Oshawa Plant
by | Friday, May 10, 2019

GM Announces Makeover of Oshawa Plant

Unifor Canada President Jerry Dias says the announcement is something, but no reason to celebrate. GM announced in November that it would halt production at its Oshawa, Ont. Accompanying Wednesday's announcem...More..

US, China begin crucial trade talks as tariff clock ticks down
by | Friday, May 10, 2019

US, China begin crucial trade talks as tariff clock ticks down

The S&P 500 retreated for a fourth day on Thursday, falling into its worst stretch of losses this year as the deadline for the U.S.to raise tariffs on Chinese goods approached. "They took many, many parts of th...More..

Facebook co-founder calls for company to break up over 'unprecedented' power
by | Friday, May 10, 2019

Facebook co-founder calls for company to break up over 'unprecedented' power

It is time to break up Facebook - mired in several data scandals and privacy violation cases - as Mark Zuckerberg has yielded "unchecked power" and influence " far beyond that of anyone else in the pr...More..

GM's Cruise gets new $1.15 billion investment at $19 billion valuation
by | Thursday, May 09, 2019

GM's Cruise gets new $1.15 billion investment at $19 billion valuation

It would seem investors have both when it comes to this part of the automotive industry as General Motors' Cruise outfit has secured $1.15 billion in new equity. "Having deep resources to draw on as we purs...More..