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Updated: 24 min 12 sec ago

Huawei is a risk so Britain must change course on 5G, ex-MI6 spymaster says

Thu, 05/16/2019 - 15:39
China's Huawei poses such a grave security risk to the United Kingdom that the government must reconsider its decision to give it a limited role in building 5G networks, a former head of Britain's MI6 foreign spy service said on Thursday.

Who burned Notre Dame? Brussels goes after fake news as EU election nears

Thu, 05/16/2019 - 14:26
The European Union has launched a coordinated fight against fake news ahead of this month's European Parliament elections, but officials acknowledge there are limits to what can be achieved against a danger barely recognized a few years ago.

High winds force SpaceX to postpone first launch of Starlink satellites

Thu, 05/16/2019 - 10:51
Billionaire Elon Musk's SpaceX postponed a planned Wednesday night blastoff of a Falcon 9 rocket carrying the first 60 satellites for his new Starlink internet service, citing excessive winds over the Florida launch site.

SpaceX postpones satellite launch in Florida due to high winds

Thu, 05/16/2019 - 10:09
Elon Musk's SpaceX postponed its planned Wednesday night blastoff of a Falcon 9 rocket carrying the first cluster of satellites for his new Starlink internet service, citing excessive winds over the Florida launch site.

Tesla to update battery software following car fires

Thu, 05/16/2019 - 08:51
Tesla Inc will update its battery software after two recent fires involving its Model S electric vehicles (EV) in Shanghai and Hong Kong, the U.S. automaker said on Thursday, adding that investigations into the incidents are ongoing.

Trump administration hits China's Huawei with one-two punch

Thu, 05/16/2019 - 07:48
The Trump administration on Wednesday took aim at China’s Huawei Technologies Co Ltd, banning the firm from buying vital U.S. technology without special approval and effectively barring its equipment from U.S. telecom networks on national security grounds.

Cisco beats earnings target, says has cushioned supply chain from tariffs

Thu, 05/16/2019 - 06:17
Cisco Systems Inc reported better-than-expected quarterly earnings on Wednesday and gave an upbeat sales forecast for the current period, saying that minimal sales exposure to China and changes to its supply chains have helped cushion the blow of U.S.-China trade dispute.

SpaceX to launch first satellites for Musk's Starlink internet service

Thu, 05/16/2019 - 05:54
Elon Musk's SpaceX was due to launch 60 small satellites into low-Earth orbit on Wednesday, part of his rocket company's plan to sell Internet service beamed from space to fund his grander interplanetary ambitions.

China's Huawei, 70 affiliates placed on U.S. trade blacklist

Thu, 05/16/2019 - 05:41
The U.S. Commerce Department said on Wednesday it is adding Huawei Technologies Co Ltd and 70 affiliates to its so-called “Entity List” - a move that bans the telecom giant from buying parts and components from U.S. companies without U.S. government approval.

Cisco earnings beat, expects minimal impact from U.S.-China trade war

Thu, 05/16/2019 - 05:35
Cisco Systems Inc reported better-than-expected quarterly earnings on Wednesday and gave an upbeat sales forecast for the current period, as its reduced exposure to China is expected to cushion any blows from an ongoing trade war.

Lawmakers seek probe on U.S. hacking services sold globally

Thu, 05/16/2019 - 05:21
U.S. lawmakers are pushing legislation that would force the State Department to report what it is doing to control the spread of U.S. hacking tools around the world.

Tesla's New York solar factory making other products in bid to boost jobs

Thu, 05/16/2019 - 05:10
Tesla Inc on Wednesday said its solar factory in Buffalo, New York, would become the "manufacturing home" for its electric vehicle Supercharger cabinets and other energy storage products as it seeks to meet employment targets tied to state subsidies.

Big U.S. hedge funds regain ardor for FAANGs in first quarter: filings

Thu, 05/16/2019 - 04:23
Some of the biggest, highest-profile U.S. hedge fund investors and money managers fell back in love with FAANGs in the first quarter, according to regulatory filings released on Wednesday.

Buffett's Berkshire unveils $861 million Amazon stake

Thu, 05/16/2019 - 04:22
Warren Buffett's Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief Executive Jeff Bezos.

Trump order clears way for barring Huawei from U.S. telecommunications networks

Thu, 05/16/2019 - 04:19
President Donald Trump on Wednesday signed an executive order declaring a national emergency and barring U.S. companies from using telecommunications equipment made by firms posing a national security risk, paving the way for a ban on doing business with China's Huawei Technologies Co.

Buffett's Berkshire reveals $861 million Amazon stake

Thu, 05/16/2019 - 03:44
Warren Buffett's Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief Executive Jeff Bezos.

IDC forecasts over 7% global decline in 2019 semiconductor revenue

Thu, 05/16/2019 - 03:39
Worldwide semiconductor revenue is expected to fall 7.2% in 2019 after three straight years of growth, as the industry grapples with slowing smartphone sales and weak demand in China, research firm International Data Corporation (IDC) said on Wednesday.

Cisco quarterly earnings beat estimates; shares rise

Thu, 05/16/2019 - 03:31
Cisco Systems Inc reported quarterly earnings above analysts' estimates on Wednesday, boosted by growth in its traditional business of selling switches and routers, as well as strength in its focus areas such as cyber security.

FCC delays review of spectrum assigned to vehicle communication

Thu, 05/16/2019 - 03:04
Federal Communications Commission Chairman Ajit Pai on Wednesday delayed plans to begin in June a comprehensive review of a valuable band of spectrum reserved for vehicles to communicate with one another.

FCC set to let phone companies block more robocalls

Thu, 05/16/2019 - 03:04
U.S. Federal Communications Commission (FCC) Chairman Ajit Pai on Wednesday proposed allowing phone companies to block unwanted "robocalls" by default in a bid to reduce the flood of nuisance calls from telemarketers and scammers.

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