China on Thursday dismissed Canada’s protests of harsh sentences handed down by Chinese courts to Canadians whose cases are seen as linked to the arrest in Vancouver of a top executive at Chinese tech giant Huawei. The Foreign Ministry and the Chinese Embassy in Canada accused Ottawa of making unwarranted, groundless accusations that “grossly interfered […]
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A Canadian entrepreneur who was charged with spying after his government arrested an executive of Chinese tech giant Huawei faces a possible verdict Wednesday as Beijing steps up pressure on Canada ahead of a court ruling on whether to hand over the executive to face U.S. criminal charges. Michael Spavor and another Canadian were detained […]
A Chinese court on Tuesday rejected a Canadian drug convict’s appeal of a death sentence in what appeared to be an effort to step up pressure on Canada to release a detained executive of tech giant Huawei. The Canadian government condemned the ruling and appealed to China to grant clemency to Robert Schellenberg. His sentence […]
Digital payments company Square Inc. says it has agreed to acquire Afterpay, which provides a “buy now, pay later” option for merchants, in an all-stock deal valued at about $29 billion. Square allows retailers to process credit card transactions using devices that plug into tablets or smartphones. The San Francisco-based company said Sunday it plans […]
Libya’s government-owned telecom Hatif Libya signed on Monday an agreement to improve its fiber optic network with an U.S.-based supplier of open optical networking solutions called Infinera. This project will provide access to internet and mobile services in Libyan areas that were not covered previously by the network and improve the quality and reliability of services for all customers. Infinera will install Automatically Switched Optical Network (ASON) technology, that will enable the Libyan company to dynamically […]
Rana el Kaliouby co-founded and led Boston startup Affectiva, which uses artificial intelligence and computer vision to analyze mood and emotion. Now she’s got a new job as deputy CEO of Smart Eye, after the Swedish eye-tracking company bought Affectiva for $73.5 million in June. The auto industry is the prime market for el Kaliouby […]
Australian telecom giant Telstra announced on Monday that it is currently in talks to acquire Jamaican telco Digicel’s operations in the South Pacific for a rumored bid of $1.5 billion, various media reports highlighted. The Australian offer has been backed up from the government which will support the acquisition not only financially but also in […]
Saudi Arabia is looking to attract investments upwards of $18 billion dollars as part of its bid to construct large-scale data centers across the Kingdom, the country’s Ministry of Communications and Information Technology (MCIT) announced this week. The move – which is part of Saudi Arabia’s Vision 2030 – aims to transform the gulf country […]
Australian operator Telstra has announced that a consortium comprising the Future Fund, Commonwealth Superannuation Corporation and Sunsuper will become a strategic partner in Telstra InfraCo. Towers after agreeing to acquire a 49 percent interest. The telco was approached by the consortium earlier this year and the deal is expected to be completed early next year. […]
A software bug at a major network provider briefly knocked dozens of financial institutions, airlines and other companies across the globe offline during peak business hours in Asia. Akamai, which runs one of the internet’s main content-delivery systems, said the outage Thursday was not caused by a cyberattack, but rather a software bug on a […]