A British Columbia Supreme Court judge will not allow new evidence to be admitted in the U.S. extradition case of Huawei chief financial officer Meng Wanzhou, Associate Chief Justice Heather Holmes said during a case management hearing on Friday. Huawei’s CFO faces fraud charges over misleading investment bank HSBC about her company subsidiary’s activities in Iran, which the U.S. said violated sanctions. Meng and […]
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The EU agreed on Monday to put its digital tax plan on hold, after finance chiefs from the Group of 20 leading economies supported an overhaul of the rules for taxing international companies. “The European Commission has decided to put on hold our work on a proposal for a digital levy until October,” said European Commission spokesman Daniel Ferrie. The proposed tax plan targets tech giants aiming […]
As the world increasingly focuses attention on climate change, Roland Busch, the CEO of Siemens AG, says his company is well-positioned to help manage the challenges. Munich-based Siemens specializes in making buildings, factories and railroads more efficient through digitalization and automation. And its medical unit includes technology that could lead to faster treatments for stroke […]
At this point, the idea of Elon Musk easily playing with the crypto market through social media is reoccurring, as the Tesla Chief strikes once again with another tweet that swung the market in the favor of Dogecoin. Leave it to the “Dogefather” himself to lift the meme-coin from its slump. After witnessing a steady […]
Tesla has finally released through the weekend its beta version 9 update of its full self-driving system, after four years of delay, the automaker’s CEO Elon Musk said in a tweet. Musk had stated earlier in 2018 that version 9 is coming soon, then again in 2019. However, earlier this month, the CEO again swore […]
Swiss-based insurance and mortgage comparison company Comparis.ch has fallen victim to ransomware attack on Wednesday and shut down its website on Thursday out of fear of customer data breach. Comparis.ch is a price and product comparison platforms in Switzerland, specializing in products of health insurers prices, insurance companies’ prices, alongside banks and telecom providers. On […]
Volvo Trucks North America says it will restart production at a plant in southwestern Virginia on Monday despite an ongoing strike and the lack of a labor deal between the company and a union representing nearly 3,000 workers. The company said in a news release that it will implement terms and conditions of a tentative […]
Chinese telecom Huawei agreed earlier this week to sign a 4G patent license agreement with the German car manufacturer Volkswagen. The decision – which joins two U.S. sanctioned companies — is considered one of the biggest patent licensing agreement Huawei provides within the auto making industry. As per the deal, the telecom titan’s 4G mobile […]
Back in 2001, internet connection speeds were estimated to be just 0.1Mbps. In fewer than 20 years, broadband and connectivity have changed in ways we could never have imagined. And the evolution is far from over. Fibre to the Premises (FTTP) takes the fibre optic connection directly from the local exchange into a business’ building, […]
On the face of it, you might think that the QAnon conspiracy has largely disappeared from big social media sites. But that’s not quite the case. True, you’re much less likely to find popular QAnon catchphrases like “great awakening,” “the storm” or “trust the plan” on Facebook these days. Facebook and Twitter have removed tens […]