Troubles keep mounting for the We Company as Softbank reportedly calls for shelving the IPO – gpgmail

[ad_1] The troubles for We Company and its main business WeWork are mounting as the Financial Times is reporting that the company’s main backer, Softbank, is pushing for the company to put its troubled public offering on hold. Citing sources familiar with the company and its main investor, the Financial Times said that the cool reception We Company […]

We Company reportedly mulls slashing its valuation ahead of its initial public offering – gpgmail

[ad_1] The Wall Street Journal is reporting that the company formerly known as WeWork is considering slashing its valuation as it looks to woo public market investors. The company is reportedly considering a valuation of somewhere in the $20 billion range for its initial public offering, a figure that’s far less than the $47 billion valuation […]

USB4 Branding Is Reportedly Downright Bad

[ad_1] This site may earn affiliate commissions from the links on this page. Terms of use. The USB-IF has apparently decided to extend the already-confusing naming scheme it used for USB 3.X in new and exciting ways. To briefly recap: Up to USB 3.0, USB branding was sane. With the introduction of USB 3.1, the […]

Alibaba reportedly near finalizing a deal to acquire NetEase’s cross-border e-commerce unit – gpgmail

[ad_1] After weeks of media reports, Alibaba may finally be nearing an agreement to acquire NetEase’s cross-border e-commerce unit, Kaola. Chinese tech news website 36kr reports that a deal may be announced as early as this week and is expected to be worth $2 billion in cash and shares. Kaola will continue to run independently, […]

More than 130 U.S. companies have reportedly applied to sell to Huawei, but the Commerce Department has approved none of them – gpgmail

[ad_1] Trump said in July that some U.S. suppliers would be allowed to sell to Huawei while it remains blacklisted, but so far no vendors have been allowed to do so. Reuters reports that more than 130 applications have been submitted by companies that want to do business with Huawei, but the U.S. Commerce Department […]

Apple reportedly launching new iPhone Pro and iPads with better cameras, 16-inch MacBook Pro and new AirPods – gpgmail

[ad_1] Apple is getting ready for its usual fall iPhone launch event, which is rumored to be happening September 10, though the event hasn’t been officially confirmed this year. A new report from Bloomberg offers a preview of the lineup of hardware products it’s looking to debut this year. There are new iPhones, of course, […]

SoftBank reportedly plans to lend employees as much as $20 billion to invest in its VC fund – gpgmail

[ad_1] SoftBank has a plant to loan up to $20 billion to its employees, including CEO Masayoshi Son, for the purposes of having that capital re-invested in SoftBank’s own Vision venture fund, according to a new report from the Wall Street Journal. That’s a highly unusual move that could be risky in terms of how […]

Huawei employees reportedly aided African governments in spying – gpgmail

[ad_1] A new report from The Wall Street Journal could be another damning piece of evidence for a company already under a good deal of international scrutiny. The paper is reporting that technicians working for Huawei helped members of government in Uganda and Zambia spy on political opponents. The report cites unnamed senior surveillance officers. […]

Huawei and Google were reportedly building a (now suspended) smart speaker – gpgmail

[ad_1] I suspect we’ll be hearing a lot about sidelined Huawei projects in the coming weeks and months. Add this one to the list: The Chinese hardware giant was reportedly teaming with Google on a smart speaker before all hell broke loose with the Trump administration ban. In fact, the device was supposed to make […]