Technology Stock
On 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 2019Does Donald Trump want to kill Huawei or not? After all, it was him who whined, moaned and bitched back in May that the Chinese company was a threat to the U.S. national security. As a result, the Chinese telecom giant was put on a trade blacklist – banning U.S. businesses from selling parts and […]
... written on Jul 02 2019Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor announced at a press conference on Saturday that her highly unpopular extradition bill – which Hongkies called the “Evil Law” – will be “suspended”. She said – “The government has decided to suspend the legislative amendment exercise.” It appeared the 1-million protesters last Sunday had sent shivers […]
... written on Jun 16 2019The next time you exit from your condominium, take a look at the CCTV surveillance camera installed. Chances are the brand is “Hikvision”, the world’s largest supplier of video surveillance products based in Hangzhou, China. Founded in 2001, the company has its presence in a staggering 155 countries worldwide. Hikvision’s net profits in 2018 […]
... written on May 28 2019China and the United States are not likely to hug and kiss each other and end their present trade war, at least not as long as Donald Trump remains as the president. Like it or not, it’s a matter of time before the trade war goes full-blown. The world’s two biggest economic powers are digging […]
... written on May 27 2019Huawei’s CFO (Chief Financial Officer), Sabrina Meng Wanzhou, appears to be preparing for a long legal fight against extradition to the United States. The princess of Huawei is ready to move from her C$5 million (US$3.7 million; £2.8 million; RM15.4 million) six-bedroom house to her newly renovated C$13 million (US$9.6 million; £7.4 million; RM40 million) […]
... written on May 10 2019
