US Commerce Secretary Gina Raimondo said Huawei Technologies Co.’s latest phone shows that China remains behind on cutting-edge chip technology.
TOKYO (AP) — Asian shares mostly rose Friday despite worries about the economic outlook and inflation in the U.S. and the rest of the world. The Bank of Japan ended a policy meeting with no major changes, keeping its benchmark interest rate in a range of 0 to 0.1%. In March, it raised the key []
US Commerce Secretary Gina Raimondo said Huawei Technologies Co.’s latest phone shows that China remains behind on cutting-edge chip technology.
Markets in Asia apart from Shanghai’s are broadly higher, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020
Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchanged
By ELAINE KURTENBACH AP Business Writer Markets in Asia apart from Shanghai’s were broadly higher Monday, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020. Oil prices fell while U.S. futures advanced. Hong Kong’s Hang Seng led the region, gaining 1.6% to 16489.08.
The chip powering the Mate 60 Pro phone of sanctioned Chinese company Huawei is not as advanced as American chips, U.S. Commerce Secretary Gina Raimondo said on Sunday, arguing that it shows U.S. curbs on shipments to the telecoms equipment giant are working. Huawei, which has been on a trade restriction list since 2019, surprised the industry and the U.S. government when it released a new phone powered by a sophisticated chip last August. The Huawei Mate 60 Pro was seen as a symbol of China's...
After more than a decade of leaving Big Tech largely to itself, US antitrust enforcers have cranked up the heat, with several high-profile cases underway that could radically change the way the industry's giants do business.Launched under both the Trump and Biden administrations, five major cases from the Federal Trade Commission (FTC) and the Department of Justice (DOJ) are moving forward against major US technology companies -- including two against Google that could see the company split...
US stocks fell on Wednesday, struggling to mount a comeback as investors’ interest rate worries coincided with a fresh slate of corporate earnings. After all three major indexes started the day in the green, the S&P 500 (^GSPC) ended down about 0.6%. The Dow Jones Industrial Average (^DJI) lost a more modest 0.1%. Meanwhile, the […]
If you've watched all of Amazon's Fallout TV show by now, odds are you're either on the verge of - or already have - hopped back into one of the games in the series. You're certainly not alone in the regard, but if you've picked Fallout 4 on Xbox specifically, you might have run into the small problem of achievements just not unlocking.Yup, while it arguably feels like the vast majority of the architecture, gear, and items featured in the show - alongside all those other references, easter...
MicroStrategy Incorporated (NASDAQ:MSTR - Get Free Report) Chairman Michael J. Saylor sold 5,000 shares of the company's stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $1,489.82, for a total value of $7,449,100.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Salesforce, Inc. (NYSE:CRM – Get Free Report) CEO Marc Benioff sold 15,000 shares of the stock in a transaction on Friday, April 12th. The shares were sold at an average price of $295.74, for a total value of $4,436,100.00. Following the completion of the sale, the chief executive officer now owns 12,928,721 shares in the […]