MI6 chief thanks China for ‘free publicity’ after leaked ‘James Pond’ spoof mocks western intelligence THE NAME'S POND, JAMES POND The head of MI6 makes an unprecedented response to China’s state news agency after it released a James Bond spoof mocking western intelligence.
Ericsson acquires cloud-based group Vonage for record £4.6bn ERICSSON ACQUIRES Ericsson has paid $6.2bn in cash for cloud-based services group Vonage in its biggest acquisition yet.
‘You’re free to go’: Huawei CFO Meng Wanzhou reaches shock deal with US Meng Wanzhou, Huawei’s chief financial officer and the daughter of the company’s founder, Ren Zhengfei, has resolved criminal charges against her as part of a shock deal with the US Justice Department that paves the way for her to return to China. The agreement with Wanzhou calls for the Justice Department to dismiss fraud charges [...]
China court rejects Canadian citizen’s death sentence appeal August 10, 2021 A Chinese court has upheld today a death sentence against Canadian citizen Robert Schellenberg for drug smuggling. Schellenberg has been detained in China since 2014 after he was accused of drug smuggling. In December 2018, he was sentenced to 15 years in jail and he appealed for a retrial. But the Dalian intermediate people’s court [...]
Huawei revenues collapse nearly a third as it peddles against US sanctions August 6, 2021 Chinese telecoms giant Huawei Technologies has watched its revenue collapse by almost a third so far this year, as it peddles against the waters of US sanctions. Revenue hit $49.5bn in the six months to June, down 29 per cent, the group reported today. With its handset business struck by US sanctions, the UK’s decision [...]
Huawei profit slumps as UK ban hammers sales June 13, 2021 The UK’s decision to blacklist Huawei has hammered sales and profit at the controversial Chinese tech giant, new figures have shown. Accounts for Huawei Technologies, the company’s UK subsidiary, reveal revenue slumped 27.5 per cent to £913.3m in 2020. Pre-tax profit fell from £48m to £36.5m. The government last year banned Huawei from building the [...]
Former Huawei executive in court over China spying accusations June 1, 2021 A former Huawei executive and an ex-Polish secret services agent have appeared in court over allegations they carried out state-sponsored spying for China. Weijing Wang and Piotr Durbajlo, who were arrested in 2019 and have both pleaded not guilty, were in court for the start of the trial in Warsaw this morning. Polish prosecutors allege [...]
Ericsson warns of losing China market share amid Huawei spat May 24, 2021 Ericsson has warned that it may end up with a lower share of China’s telecoms market following the rollout of 5G due to an ongoing spat over controversial tech firm Huawei. The telecoms company has been thrown into the middle of a row between China and Sweden after its home country’s government last year banned [...]
UK spooks warn councils over ‘smart city’ cyber attack threat May 7, 2021 Smart cities that use technology to make services more efficient are an “attractive” target for cyber attackers looking to disrupt British infrastructure or steal data, UK spooks have warned. The National Cyber Security Centre (NCSC), which is part of GCHQ, today issued a new set of security principles for local authorities to ensure their networks [...]
Huawei and Dutch telecoms firm hit back over spying report April 19, 2021 Huawei and Dutch telecoms firm KPN have hit back at claims that the Chinese tech giant was able to eavesdrop on mobile users following a media report that has reignited the row over telecoms security. A story published in Dutch newspaper De Volkskrant this weekend cited a 2010 report by consultancy Capgemini for KPN, which [...]