Could decarbonisation be the mega-trend of the next decade? September 28, 2020 US equities have led global stock markets higher over the past decade. In the last ten years, US equities have returned a stellar 292%, compared to just 73% for global equities (as measured by the MSCI USA Index and MSCI AC World ex US Index respectively, in US dollar terms, as at 31 August 2020). [...]
Former BT boss tapped to lead search for Huawei replacement September 23, 2020 Former BT chief executive and trade minister Lord Ian Livingston has been tapped to find alternative telecoms providers to replace Huawei equipment in the UK’s 5G networks. Livingston has been named as chair of a new government task force that will seek to diversify the country’s telecoms supply chain and reduce reliance on high-risk vendors. [...]
Huawei urges US to stop ‘attack’ on global supply chain September 23, 2020 Embattled Chinese tech giant Huawei has said its global supply chain is under attack from the US and called on Washington to reverse its trade bans. US President Donald Trump’s administration has ramped up its crackdown on Huawei, issuing fresh trade bans designed to limit the telecom company’s access to chips. “The US has modified [...]
M&A sprees are addictive… and they cause me to sell, sell, sell September 15, 2020 Aswath Damodaran has a blunt message for companies considering an acquisition: “Don’t do it.” “I firmly believe that acquisitions are an addiction, that once companies start to grow through acquisitions, they cannot stop,” Aswath Damodaran, Professor of Finance at New York University Stern School of Business, told the audience at the CFA Institute Equity Research [...]
Samsung wins $6.6bn US 5G tech deal as Huawei tensions simmer September 7, 2020 Samsung Electronics today said it has won a $6.6bn deal with telecoms giant Verizon to provide wireless communications equipment for 5G in the US. The South Korean electronics magnate is benefiting from a gap in the market left by Chinese rival Huawei, analysts have said, which is banned from working with US companies by the [...]
Microsoft prices folding Surface Duo phone at $1,399 August 12, 2020 Microsoft has said the Surface Duo, its newest dual-screen Android smartphone, will have a starting price of $1,399. The phone folds shut like a book, opting for two separate screens that are synchronised rather than one screen that folds in the middle like recent launches from Huawei and Samsung. The Surface Duo will arrive in stores [...]
Samsung mulls ditching App Store and virtual assistant in possible Google tie-up July 29, 2020 Samsung is said to be considering plans to drop its own Galaxy App Store and its virtual assistant Bixby in favour of signing a deal with Google’s Android competitor. The tie-up would mark a major change for Samsung, which has consistently clung to using its own services rather than adopting Google’s offering. Google has tried [...]
Oliver Dowden: Joe Biden presidency will not change UK Huawei sanctions July 22, 2020 The UK’s sanctions on Huawei are unlikely to be lifted if Joe Biden wins the November US election, according to digital secretary Oliver Dowden. The UK banned Huawei from supplying any more equipment to build the UK’s new 5G network, beginning from next year, after the US leveled sanctions on the Chinese telecoms giant. All [...]
Blockchain technology will only reach its full potential through industry cooperation July 21, 2020 Blockchain has come a long way since I first entered the space in 2011. Back then, altcoins were all just forks of Bitcoin, the same code with some cosmetic differences here and there. These days, we have multiple generations of blockchain with entirely different systems, each with varying and exciting capabilities. There has been a [...]
BMW inks €2bn battery deal with Sweden’s Northvolt July 16, 2020 Auto giant BMW has signed a €2bn(£1.8bn) deal with Swedish energy firm Northvolt to provide battery cells to power its electric vehicles. The Scandinavian company, which was founded by two former Tesla executives, will make the cells using only renewable energy at a new facility in the north of Sweden. In a statement, BMW said [...]