Technology 

White House adviser: U.S.-China trade talks, Huawei arrest are separate

White House trade advisor Peter Navarro looks on as U.S. President Donald Trump participates in a roundtable discussion about trade in Duluth, Minnesota, U.S. June 20, 2018. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – White House trade adviser Peter Navarro on Friday said that the U.S. -China trade truce and the recent arrest of a top Huawei Technologies Co Ltd executive “are two separate events,” calling the timing of events a coincidence. Navarro, in an interview on CNN, also said if the United States and China could not come to an agreement…

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Technology 

Mellanox working with adviser on potential sale: CNBC

The logo of Mellanox Technologies is seen at the company’s headquarters in Yokneam, in northern Israel July 26, 2016. REUTERS/Ronen Zvulun (Reuters) – Chipmaker Mellanox Technologies Ltd has hired a financial adviser to explore a sale after receiving takeover interest from at least two companies, CNBC reported citing people familiar with the matter. The deal is not imminent and may not take place while talks are still at an early stage, according to the report. Mellanox did not immediately respond to a request for comment. Mellanox, which is based in…

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Alastair Cook: England selector Ed Smith wants ex-captain as adviser

Alastair Cook (left) with Ed Smith (centre) and England head coach Trevor Bayliss National selector Ed Smith says he wants England to continue to draw on Alastair Cook’s talent in the future. England’s all-time leading run-scorer is playing in his final Test match after quitting international cricket. But Cook, 33, will continue to play county cricket for Essex – and Smith believes he will be well placed to take a closer look at players. “It’ll be terrific for England cricket to tap into him as a resource,” he told BBC…

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Technology 

SEC scrutiny of Tesla grows as Goldman hints at adviser role

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission has sent subpoenas to Tesla Inc regarding Chief Executive Elon Musk’s plan to take the company private and his statement that funding was “secured,” Fox Business Network reported on Wednesday, citing sources. The electric carmaker’s shares fell as much as 4 percent but cut their losses after Goldman Sachs Group Inc said it was dropping equity coverage of Tesla because it is acting as a financial adviser on a matter related to the automaker. Investors viewed the Goldman statement as confirming…

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Trump’s economic adviser suffers heart attack, tweets president

Image copyright Getty Images US President Donald Trump says his top economic adviser Larry Kudlow has had a heart attack and is now in hospital. He tweeted the news shortly before his widely-anticipated meeting with North Korean leader Kim Jong-Un in Singapore. Mr Kudlow accompanied the US president to last weekend’s G7 summit in Canada that ended in disarray, with Preisdent Trump retracting his endorsement of a joint statement. Mr Kudlow joined the Trump administration earlier this year. “Our Great Larry Kudlow, who has been working so hard on trade…

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Technology 

Proxy adviser ISS recommends votes against two Tesla directors

BOSTON (Reuters) – Proxy adviser Institutional Shareholder Services recommended on Friday that investors cast proxy votes against Tesla Inc (TSLA.O) directors Antonio Gracias and James Murdoch. FILE PHOTO: A Tesla charging station is seen in Salt Lake City, Utah, U.S. on September 28, 2017. REUTERS/Lucy Nicholson/File Photo ISS also recommended investors vote for Tesla director Kimbal Musk, and also backed two shareholder resolutions to be voted on at the car maker’s annual meeting on June 5, according to a copy of its voting recommendations seen by Reuters. Reporting by Ross…

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Technology 

Big proxy adviser ISS does not support Facebook’s Zuckerberg in proxy vote

BOSTON (Reuters) – Top proxy adviser Institutional Shareholder Services on Wednesday recommended Facebook Inc investors withhold support from five directors including Chief Executive Mark Zuckerberg and vote in favor of shareholder proposals aimed at improving the social media company’s response to problems like election interference and harassment. FILE PHOTO: Facebook CEO Mark Zuckerberg speaks at Facebook Inc’s annual F8 developers conference in San Jose, California, U.S. May 1, 2018. Picture taken May 1, 2018. REUTERS/Stephen Lam/File Photo Facebook has come under scrutiny over the way it handles personal data after…

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