(Newser) – Britain’s government backed down on Tuesday in plans to give Chinese telecommunications company Huawei a limited role in the UK’s new high-speed mobile phone network in a move with wide implications for relations between London and Beijing. . Britain imposed the ban after the United States threatened to …
Read More »Apple Shares Inches Towards $ 400 As Analysts Raise Price Targets Once Again
Text size Al Bello / Getty Images Apple shares climbed to new highs on Monday, crossing the $ 1.7 trillion valuation level for the first time and approaching $ 400 a share, as two more analysts raised the company’s price targets ahead of quarterly earnings. June due July 30. Bullish …
Read More »Don’t fear a loss from Trump: a Biden victory could be positive for these actions, says JPMorgan
The holiday weekend has done nothing to stem the positive momentum in US stocks. Strong US employment data boosted investors on Thursday and futures are higher early Monday, implying a gain of 350 points for the DIA Jones Industrial Average DJIA, + 0.35% out in the open. But coronavirus cases …
Read More »France won’t ban Huawei, but urges 5G telecoms companies to avoid the company
PARIS – The head of the French cyber security agency ANSSI said there would be no outright ban on the use of Huawei equipment in the deployment of the French 5G telecommunications network, but that he was lobbying French telecom companies to avoid switching to the Chinese company. “What I …
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