Markets

Huawei’s Android Alternative OS Will Arrive This Fall, Says CEO

Google on Monday announced that it would restrict Huawei's access to updates of Google's Android operating system and some mobile services in compliance with U.S. He stressed that Huawei can operate with or without American semiconductors. Ren said, " Huawei's 5G is definitely not affected". For now, Huawei has been granted a 90-day extension to provide software updates to Android-powe... [Full Article...]

North Carolina Company Fights Fines And Suit Over Flying Enormous American Flag

I will not compromise ... Gander RV, an outdoor living equipment dealer, posted news of the lawsuit on its Facebook page May 18 , and said the city is "imposing" a $50 per day retroactive fine, dating back to October 15. According the city's civil complaint against Camping World, municipal officials twice warned the company that the flag was in violation of the already-expanded restriction... [Full Article...]

Qualcomm violated antitrust laws with patent licensing practices, USA judge rules

Qualcomm violated antitrust laws with patent licensing practices, USA judge rules She ordered the San Diego-based company to renegotiate licensing agreements at reasonable prices, without threatening to cut off supplies, and ordered that it be monitored for seven years to ensure its compliance. Koh has ruled that the US chipmaker must strike new patent licensing deals without the offending terms. She also found Qualcomm knew its licensing practices harmed competition "yet con... [Full Article...]

The US has eased the Huawei ban for 90 days

The US has eased the Huawei ban for 90 days On Monday, Huawei Technologies was granted a 90-day temporary license across the board, allowing support for existing networks and devices. Those who already have Huawei smartphones will still be able to update apps and push through security fixes, but that hasn't stopped anxious Huawei owners from selling off their smartphones after Google's decision. [Full Article...]

$1 million winning Mega Millions ticket sold near Grand Rapids still unclaimed

It's the 30th largest jackpot in US lottery history and the 13th largest in the 17-year history of the Mega Millions . The Megaplier was 5x. The cash option is about $228 million. On March 1, 54-year-old Warren County resident Michael J. Weirsky hit the $273 million Mega Millions jackpot . According to the game's official website , the odds of winning the jackpot are 1 in 302,575,350. [Full Article...]

British Steel goes into liquidation

British Steel goes into liquidation Greybull Capital , which specialises in trying to turn around distressed businesses, said it had tried to keep British Steel alive but the challenges of Britain's looming exit from the European Union proved insurmountable. European Union steel company shares are now trading at their lowest in almost three years, driven down by poor demand, especially in autos, and cheap imports that can no longer ... [Full Article...]

M&S reveals more details of plans to shut 110 stores

M&S reveals more details of plans to shut 110 stores Chief executive Steve Rowe said M&S would end up with broadly the same number of stores, despite the closures. It said the food closures come as it focuses efforts on larger Simply Food shops with parking access, which will mean shutting and relocating smaller, less busy outlets. [Full Article...]

ARM Suspends Business with Huawei

Instead, ARM warned its employees not to even talk to their counterparts at Huawei unofficially. Ren reportedly said he believes USA companies were working to persuade the US government to co-operate with Huawei. Chipmaker Arm may be based near Cambridge in the United Kingdom and owned by Japanese firm Softbank , but its designs reportedly contain U.S. technology so risked falling foul of the rul... [Full Article...]


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