Sun, May 05, 2024

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Huawei Struggles as Trump Declare National Emergency - Wibest Broker

Huawei Struggles as Trump Declare National Emergency

On Wednesday, President Donald Trump announced a national emergency. The declaration is due to threats of China against American technology. And this will affect Huawei’s business transactions in the U.S. The move was made via executive order. After that, Commerce Secretary Wilbur Ross, with a consultation with other top officials, received the approval to stop …

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FB: The picture displays 2 hands having an agreement in an office.

Facebook, FTC Agreement Censured by US Officials

FB – On Monday, the Federal Trade Commission’s settlement proposal to Facebook Inc. was criticized by two U.S. senators after issues surfaced, saying that consumer’s personal data are exploited. Reports said that top officials, possibly even founder Mark Zuckerberg, must be held personally in control. The agency reported that Senators Richard Blumenthal, a Democrat, and …

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Tik Tok China: The icon of Tik Tok is shown on the screen of the phone with a pair of earpods. Wibest Broker

Tik Tok locating its largest users from the US

Tik Tok China – The world’s second-largest economy, China, has been highlighting the expansion of its companies beyond their domestic market and in Asia. In the past few years, some of the country’s biggest technology firms have been catching up with U.S. consumers with their popular and developed mobile applications. According to data compiled, the …

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Facebook Network: FB Imposes Strict Political Ads Rules

FACEBOOK NETWORK – Political advertisement rules have been made tougher by Facebook Inc. in Europe ahead of the bloc’s high profile legislative elections. According to Facebook, it has dedicated resources and staff into protecting the ballot across 27 EU countries on May 26. This comes years after the company was grilled by regulators after suspicions …

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Airbnb and interesting details

Technology Articles: Airbnb Purchases HotelTonight

TECHNOLOGY ARTICLES – In a move to further expand into the hotel-booking venture to appeal to a wider-variety of travelers, Airbnb has just bought HotelTonight, a hotel-seeking app. This comes ahead of the much-anticipated initial public offering of the home-renting firm. The deal was announced on Thursday, although the company didn’t provide the terms of …

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Wibest Broker-data privacy: locks on memory chip, network security concept

Data Privacy: ‘Facts not Fears’ on Security, says Europe

European industry leaders and policy chiefs are brushing off calls for a ban on Chinese vendors over data privacy and network security concerns, saying ‘facts not fears’ should guide the decision over the future of telecom networks in Europe. The US has repeatedly alleged that Chinese telecoms giant Huawei Technologies has been spying for Beijing …

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Stocks around the world, Asian stock markets trade higher

Asian Market: China Stocks Rise after Trump Tariff Delay

ASIAN MARKET – Asian stocks experienced a China-led rise on Monday after US President Donald Trump announced that he would delay planned hikes in tariffs on Chinese imports. Negotiations between the two economic superpowers have made “substantial progress,” Trump said. Last Sunday, Trump tweeted announced that he would delay the scheduled tariff hikes supposed to …

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Huawei gains more against Samsung & Apple's market as price difference matters - Wibest Broker

Huawei gains more against Samsung & Apple’s market as price difference matters

According to the latest research, China’s Huawei gains more share of the smartphone market against Samsung and Apple. Consumers turn to Huawei phones since Samsung and Apple’s premium models are with high price. A tech research firm – Gartner release a market data report on Thursday. The report reveals Huawei shares on smartphone market increases …

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novartis building shot from the outside

Novartis CEO Praises Trump for Rebate Policies

Novartis AG prescription drug prices have been “flat to negative” over the last three years because of high costs for US patients on middlemen tasked to manage drug benefits, according to the company’s chief executive Vas Narasimhan. During an interview, the 42-year-old US doctor who has led the Swiss drugmaker since February 2018 expressed his …

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Alphabet' Google ads app on the screen of smartphone

Alphabet Stocks down on Worries over Spending

Investors sent Alphabet Inc.’s shares down about 3 percent after hours on Monday after the tech company reported a markedly higher fourth-quarter spending on video content, employees, and facilities. Google’s parent company beat Wall Street’s estimates for revenue and profit. However,  the higher reported spending compelled investors to question whether the money poured on Alphabet’s …

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asian stocks a man looking at sheet for asian stocks

Asian Stocks Edge Up on Wall Street Strength

Asian stocks inched up in subdued trade on Thursday after Wall Street ended higher, but political uncertainty in the United States and concerns about weakening global economic growth kept many investors on the sidelines. Financials spreadbetters expect London’s FTSE, Frankfurt’s DAX, and Paris’s CAC to slip slightly when trade session open, with investors awaiting news …

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