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 [...]
Huawei banned from UK’s 5G network after government U-turn July 14, 2020 The government will ban new Huawei products from being a part of the UK’s 5G network from next year and all its existing infrastructure will be removed by 2027 in a major U-turn. Huawei will also be banned from supplying equipment to the UK’s new full fibre broadband network, with the embargo likely to begin [...]
Johnny Depp admits he ‘accidentally’ headbutted Amber Heard during scuffle July 9, 2020 Johnny Depp has admitted to “accidentally” headbutting ex-wife Amber Heard during a fight between the pair at their shared penthouse in Los Angeles in 2015. Depp is suing the Sun’s publisher News Group Newspapers (NGN) and the Sun’s executive editor Dan Wootton over an article from April 2018 that referred to Depp as a “wifebeater”, [...]
South Korean court denies arrest warrant request for Samsung leader June 8, 2020 A court in South Korea has today denied a request for an arrest warrant for Samsung Group heir Jay Y. Lee, after prosecutors sought to charge him with accounting fraud and stock manipulation. Prosecutors had requested an arrest warrant for Lee last week as part of a probe into a controversial 2015 merger of two [...]
Decision looms on second arrest of Samsung boss on fraud allegations June 8, 2020 A South Korean court is expected to rule today on whether to arrest Samsung Group leader Jay Y. Lee on new allegations including accounting fraud and stock manipulation, two years after completing his last jail sentence. Prosecutors requested an arrest warrant for Lee last week as part of a probe into a controversial 2015 merger [...]
Bitcoin’s Price Drops Amid Rumors That Satoshi Moved Coins May 26, 2020 The price of bitcoin (BTC) came close to the $10,000 mark earlier this week but started dropping after blockchain data revealed an early BTC miner moved the rewards it received from a block mined back in 2009. The cryptocurrency has since dropped to $8,780. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week [...]
Former Channel 4 executive launches flexible working creative agency Soursop April 22, 2020 A former Channel 4 and Vice executive has today launched a new creative agency built on a model of flexible and remote working. Soursop will hire staff around the world to work on projects for brands across editorial, advertising, film and TV. The company has secured Samsung and Nike as founding clients and has already [...]
Imagination Technologies boss poised to quit over China Reform raid April 6, 2020 The boss of Imagination Technologies is reportedly on the brink of resigning as a state-owned Chinese company attempts to seize control of the board. Chief executive Ron Black, who has run the firm since December 2018, has signalled his intention to quit in protest at China Reform’s move to appoint four new directors, according to [...]