Technology Stock
As part of the ongoing trade war with China, Donald Trump thought it would be a great idea to start a tech war with the Chinese as well. It would put tremendous pressure on President Xi Jinping to negotiate and surrender to the terms to be dictated by the United States. The target – Huawei […]
... written on Dec 04 2019The holiday season may have already started to some parents and their kids. Naturally, gadgets would be on the top of “items to bring” list. Those devices, however, are the beasts which are forever hungry for power. Everyone seems to bring along a pack or two of power banks nowadays. But even such power banks, […]
... written on Nov 23 2019Some 6 months after Trump administration officially banned Huawei, the Chinese tech company is still alive and kicking. Even though the war is not over, the battle has been well fought. During this period, key U.S. components and software like Google’s Android operating system, Synopsys’ semiconductor design tools and Skyworks’ radio frequency chips remain unreachable to Huawei. […]
... written on Nov 12 2019Huawei founder and CEO Ren Zhengfei once predicted the Chinese tech giant would be hit so badly by the U.S. ban that it could earn US$30 billion less revenue for the year. That amount was later reduced to US$10 billion. On Tuesday (Nov 5), some five months after Mr. Ren first made the shocking prediction, […]
... written on Nov 06 2019Germany has finally presented its decision over foreign vendors’ participation in building 5G network for the country. In defiance against the U.S. wish, it will not ban Chinese telecoms giant – Huawei Technologies Co. – from its 5G mobile networks, saying that it want’s to create “a level playing field” for all vendors. The […]
... written on Oct 17 2019On Feb 21, President Donald Trump unleashed a tweet – “I want 5G, and even 6G, technology in the United States as soon as possible. It is far more powerful, faster, and smarter than the current standard. American companies must step up their efforts, or get left behind. There is no reason that we should […]
... written on Sep 26 2019The war between China and the U.S. consists of 2 battlefronts – the trade war and the tech war. The trade war is Trump’s attempt to put an end to intellectual property (IP) thefts and forced technology transfers, not to mention to eliminate the barriers to American companies competing in China, all of which the […]
... written on Sep 13 2019Whenever Donald Trump talks to his supporters, he would claim credit in his trade war with China. He repeatedly declared that his import tariffs on Chinese goods would force China to pay “US$100 billion” to the U.S. Treasury. The Chinese, not the Americans, was footing the bill for the tariffs he introduced to punish China, […]
... written on Aug 21 2019Facebook Slapped With $5 Billion Fine – But It’s Such A Joke That The Stock Jumped & Everyone Laughs
After months of investigation following Facebook’s 2018 Cambridge Analytica scandal, the Federal Trade Commission (FTC) decided to slap the company with US$5 billion (£4 billion; RM20.5 billion) fine – the largest ever imposed by the FTC against a tech company. Yet, the punishment was like a mosquito bite to the company. In fact, the punishment […]
... written on Jul 14 2019Against the threat of retaliation – even trade war – from the United States, the French have decided to slap a new tax on American companies. On Thursday (July 11), France’s Senate approved “3% digital tax” on the revenues of multinational firms and tech giants like Facebook, Google and Amazon. Trump administration warned that such […]
... written on Jul 12 2019