Secretary of State Michael Pompeo signaled Wednesday that U.S. efforts to bar Chinese technology from U.S. computers and smartphones in the name of national security will extend well beyond the push to force a sale or shutdown of TikTok, as he promoted a “clean network” initiative. Pompeo said the U.S. wants to see untrusted Chinese … Read more Pompeo Urges Cutting Ties With Chinese Tech Companies, Apps
Jul.30 — Apple Inc. Chief Executive Officer Tim Cook said that store closures related to the Covid-19 pandemic are weighing on sales of the iPhone and wearable devices more than the iPad and Mac. The company just reported earnings. Cook spoke to Bloomberg’s Emily Chang and she reports on “What’d You Miss?”
During today’s testimony before a Congressional antitrust panel, Mark Zuckerberg went off-script a little bit — at least the script we expected — pointing out how Facebook Inc. lags behind a number of competitors, including Alphabet Inc., Amazon.com Inc. and Apple Inc. Zuckerberg isn’t hesitating to use some sharp elbows, pointing out that Amazon is … Read more Zuckerberg Defends Efforts to Stop Election Interference, Hate Speech on Facebook
Apple CEO Tim Cook told a congressional hearing featuring the CEOs of four of America’s largest tech firms, “I am here today because scrutiny is reasonable and appropriate. We approach this process with respect and humility, but we make no concession on the facts… if Apple is a gatekeeper, what we’ve done is open the … Read more Scrutiny approached ‘with respect and humility’ -Tim Cook
The lowering of the American flag from the consulate in Chengdu caps a week in which U.S.-China relations spiraled to new lows, engulfing global markets and businesses. For months now, ties between the world’s two biggest economies have been marred by allegations of espionage and intellectual-property theft, a blame game over the coronavirus pandemic, criticism … Read more American Flag Lowered at U.S. Consulate in Chengdu, China
Jul.22 — Ross Gerber, chief executive officer of Gerber Kawasaki Wealth and Investment Management, talks about Tesla Inc.’s results and outlook. Tesla posted a fourth consecutive quarterly profit, a milestone that could pave the way for the electric car-maker to join the ranks of the blue-chip S&P 500 Index. He also discusses the tensions between … Read more Tesla’s Accomplishment ‘Incredible’: Gerber Kawasaki Wealth
Jul.16 — Voice assistants such as Apple Inc.’s Siri and Amazon.com Inc.’s Alexa face scrutiny as European Union regulators opened a sweeping antitrust inquiry into how technology companies use data to gain a tight grip on growing markets. EU Competition Commissioner Margrethe Vestager comments on the probe at a press conference in Brussels.