Fri, May 03, 2024

Tech stocks trading

Wibest-Huawei: A man appears to look at the logo of Huawei.

Huawei CVs Display Contact with Chinese Military

Deeper links are done by the staffs that were previously not acknowledged by the firm between Huawei and China’s military and intelligence bodies appeared. It has revealed a new investigation of CVs of the technology giant’s staff. Concluding at the paper which examines Huawei’s employment records of the staffs, it has determined that “key mid-level …

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Samsung building as seen from the outside

Samsung Electronics Q2 Operating Profit Down

SAMSUNG – The second-quarter operating profit of Samsung Electronics Co Ltd probably plummeted, according to company forecast. The company cited the disruptive US-China trade war as the primary reason for the plunge, with the trade dispute adversely affecting the global chip and smartphone markets. However, the company believes the figure will beat analyst expectations thanks …

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Uber and food delivery business

Uber Eats to Pursue Smaller European Restaurants

Battling Just Eat and Takeaway.com in a crowded market, Uber Eats is opening up its platform to more restaurants in Europe that prefer to use their own delivery staff as it is seeking business with smaller, independent restaurants. Offering a complete range of services, Uber has built its business with a takeaway food delivery unit …

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Businessman using digital table with words of Fintech.

Financial: OakNorth and NIBC Bank Seal an Agreement

On Tuesday, in its first such agreement to be made public, the British financial technology firm OakNorth signed a five-year deal to provide its credit analysis and monitoring platform to Dutch lender NIBC Bank NV. In a February funding round, being Britain’s most valuable financial technology company, OakNorth has raised worth $440 million from investors, …

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— Antitrust Laws: Broadcom name in their office.

Antitrust Laws: Broadcom under EU Investigation

ANTITRUST LAWS – Chipmaker Broadcom is facing investigations from European Union antitrust regulators. The probe aims to see if the company uses exclusivity restrictions to block rivals in the market for TV and modem chipsets. If antitrust regulators find the company guilty, Broadcom could face fines as well as an order to end such practices. …

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