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Till Trump do they part: Top tech firms cut ties with Huawei following US trade blacklisting

1 day ago DieselGasoil Comments Off on Till Trump do they part: Top tech firms cut ties with Huawei following US trade blacklisting
Last week, US President Donald Trump signed an executive order aimed at banning Chinese telecoms like Huawei from selling equipment to the US over an unacceptable risk to national security. Following the order, the US Department of Commerce announced the blacklisting of Huawei along with 70 of its affiliates. The step prevented US-based corporations from Read More

Google thwarts Baltimore ransomware fightback

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Google has inadvertently thwarted attempts by Baltimore’s city government to fight off crippling ransomware. The cyber-attack struck civil computers in Baltimore on 7 May, blocking email accounts and online payment systems. City officials set up GMail accounts to restore communications between citizens and staff. The mass creation of the accounts triggered Google’s GMail defences which Read More

Global stocks climb on muted trade hopes, dollar slips

2 days ago DieselGasoil Comments Off on Global stocks climb on muted trade hopes, dollar slips
NEW YORK (Reuters) – World equity markets rebounded on Friday from the previous day’s sharp fall, boosted after U.S. President Donald Trump said complaints against China’s Huawei Technologies might be resolved within the framework of a Sino-U.S. trade deal. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More

ICYMI: Go Huawei: US is scared of China’s strength, not its online spooks

2 days ago DieselGasoil Comments Off on ICYMI: Go Huawei: US is scared of China’s strength, not its online spooks
Google is kicking Chinese tech giant Huawei off its Android platform over fears it is under the influence of Beijing’s government. Google acted because the US Government told it to. Washington and its spies publicly warn about the threat of Huawei being used as a kind of Trojan horse for Oriental spooks, especially via the Read More

Trump sparks oil rally with Iran spat

2 days ago DieselGasoil Comments Off on Trump sparks oil rally with Iran spat
By Grant Smith on 5/24/2019 Photo: U.S. President Donald Trump. LONDON (Bloomberg) — Just over a week ago, crude prices were surging as attacks on Saudi Arabia’s oil tankers and pipeline network spurred fears that the Middle East was on the brink of military confrontation. In the past two days, however, oil has suffered its Read More

China denounces U.S. ‘rumors’ and ‘lies’ about Huawei ties to Beijing

2 days ago DieselGasoil Comments Off on China denounces U.S. ‘rumors’ and ‘lies’ about Huawei ties to Beijing
BEIJING (Reuters) – China on Friday denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China’s Huawei Technologies Co Ltd was lying about his company’s ties to the Beijing government. A Huawei company logo is seen at the security exhibition in Shanghai, China May 24, 2019. REUTERS/Aly Read More

Venezuela plans to develop 4G network with help from Russia & China

2 days ago DieselGasoil Comments Off on Venezuela plans to develop 4G network with help from Russia & China
Venezuelan President Nicolas Maduro said his government is planning to invite Russian telecom companies, along with Chinese tech giants Huawei and ZTE, to develop a nationwide 4G telecommunication network in the country. “I have ordered to make an investment and, together with China’s technologies, Huawei and ZTE technologies and the technologies of Russian companies, bring Read More

China denounces U.S. ‘rumors’ about Huawei ties to Beijing

2 days ago DieselGasoil Comments Off on China denounces U.S. ‘rumors’ about Huawei ties to Beijing
BEIJING (Reuters) – China on Friday denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China’s Huawei Technologies Co Ltd was lying about his company’s ties to the Beijing government. A Huawei company logo is seen at the security exhibition in Shanghai, China May 24, 2019. REUTERS/Aly Read More

Asian shares at four-month low on deepening U.S.-China trade war

2 days ago DieselGasoil Comments Off on Asian shares at four-month low on deepening U.S.-China trade war
Tokyo (Reuters) – Asian shares hobbled near four-month lows on Friday and crude oil plunged on worries the U.S.-China trade spat was developing into a more entrenched strategic dispute between the world’s two largest economies, pushing investors to safe-haven assets. FILE PHOTO: A man is reflected in an electronic board showing the graph of the Read More