Technology 

Huawei Canada executive leaves post as scrutiny of company grows

NEW YORK/OTTAWA (Reuters) – One of Huawei Canada’s top executives on Friday disclosed he was leaving his post after more than seven years with the Chinese telecommunications equipment maker, which is facing heightened scrutiny over security issues from Canada and its allies. FILE PHOTO: Huawei Canada Vice President of Corporate Affairs Scott Bradley stands outside after the B.C. Supreme Court bail hearing of Huawei CFO Meng Wanzhou, who was released on a $10 million bail in Vancouver, British Columbia, Canada December 11, 2018. REUTERS/Lindsey Wasson Scott Bradley disclosed his departure…

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Technology 

Chinese tech investors flee Silicon Valley as Trump tightens scrutiny

SAN FRANCISCO (Reuters) – New Trump administration policies aimed at curbing China’s access to American innovation have all but halted Chinese investment in U.S. technology startups, as both investors and startup founders abandon deals amid scrutiny from Washington. FILE PHOTO: U.S. President Donald Trump and China’s President Xi Jinping shake hands after making joint statements at the Great Hall of the People in Beijing, China, November 9, 2017. REUTERS/Damir Sagolj/File Photo Chinese venture funding in U.S. startups crested to a record $3 billion last year, according to New York economic…

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Sports 

NFL: League under scrutiny for lack of minority coaches

(Reuters) – The National Football League is under the microscope for lack of minority head coaches after a recent slew of firings in the league. FILE PHOTO: Dec 30, 2018; Pittsburgh, PA, USA; Cincinnati Bengals head coach Marvin Lewis looks on before facing the Pittsburgh Steelers at Heinz Field. Mandatory Credit: Charles LeClaire-USA TODAY Sports/File Photo Only two African American head coaches and one general manager remain after multiple coaches were axed on Monday following the end of the regular season. Marvin Lewis left the top job at the Cincinnati…

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Technology 

Huawei expects 2018 revenue to rise 21 percent despite international scrutiny

A man uses his phone as he walks past a Huawei shop in Beijing, China, December 19, 2018. REUTERS/Thomas Peter HONG KONG (Reuters) – Huawei Technologies [HWT.UL] is expected to record a 21 percent jump in revenue for 2018 to $109 billion, its rotating chairman said, marking the Chinese tech giant’s fastest pace of business growth in two years despite heightened global scrutiny of its activities. In his new year’s address to employees, Guo Ping also said Huawei has secured 26 5G contracts and expects its smartphone shipments for 2018…

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Technology 

Robinhood’s checking plan could face regulatory scrutiny

WASHINGTON (Reuters) – Financial technology startup Robinhood could face scrutiny by U.S. regulators over statements that its new checking and savings accounts are insured by an industry-backed protection fund. A photo illustration of Robinhood’s checking and savings accounts provided by Robinhood December 13, 2018. Robinhood/Handout via REUTERS. The uncertainty over the new services underscores the regulatory gray area many new fintech companies operate in, as they look to use new technology to gain footholds in traditional financial services. Robinhood, which is valued at $5.6 billion and has gained popularity with…

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Technology 

Australian watchdog calls for more scrutiny of Google, Facebook

SYDNEY (Reuters) – Australia’s competition watchdog on Monday recommended a new regulatory body be set up to monitor tech giants Facebook Inc and Alphabet Inc’s Google and their dominance of the online advertising and news markets. FILE PHOTO – A 3D printed Facebook logo is seen in front of displayed cyber code in this illustration taken March 22, 2016. REUTERS/Dado Ruvic/Illustration/File Photo The Australian Competition and Consumer Commission (ACCC) said in a preliminary report on the U.S. firms’ market power that extra oversight was justified to ensure advertisers were treated…

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Technology 

China’s ties with Taiwan chip firms under scrutiny as U.S. trade war heats up

TAIPEI (Reuters) – Washington’s decision to cut off U.S. supplies to a Chinese chip-maker spotlights mounting tensions over China’s drive to be a global player in computer chips and the ways in which Taiwan companies are helping it get there. FILE PHOTO: Men walk past a signboard of chipmaker United Microelectronics Corp (UMC) in Hsinchu, Taiwan January 10, 2006. REUTERS/Richard Chung/File Photo Shut out of major global semiconductor deals in recent years, China has been quietly strengthening cooperation with Taiwan chip firms by encouraging the transfer of chip-making expertise into…

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Top stories 

News Daily: ‘Austerity ending’ Budget under scrutiny and Briton bailed in UAE

If you want to get this briefing by email, sign up here ‘A return to spending’ – but is austerity over? Image copyright UK Parliament /Jessica Taylor Philip Hammond’s Budget will come under further scrutiny today after he declared the age of austerity is coming to an end. In a marked change in policy, the chancellor announced billions of pounds of extra public spending and brought forward tax cuts. Have a look at the key points here. But shadow chancellor John McDonnell said it was clear austerity wasn’t over as…

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Technology 

Broadcom facing EU antitrust scrutiny over market dominance: Bloomberg

(Reuters) – Broadcom Inc is facing antitrust scrutiny from the European Union over the possible use of its market dominance to pressure customers to buy its semiconductors, Bloomberg reported on Wednesday. A sign to the campus offices of chip maker Broadcom Ltd is shown in Irvine, California, U.S., November 6, 2017. REUTERS/Mike Blake The preliminary inquiry by the EU focuses on Broadcom’s sales of chips in set-top box hardware used by the cable and satellite industry, Bloomberg reported, citing people familiar with the matter and a questionnaire issued by the…

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Top stories 

MJ Akbar: India minister under scrutiny over #MeToo allegations

Image copyright Getty Images Image caption Mr Akbar has not responded to the allegations against him A former prominent newspaper editor who is now a junior foreign minister is the latest to be named in what is being called India’s #MeToo movement. MJ Akbar is accused of predatory behaviour, including inviting young women to hotel rooms for “meetings”. Neither Mr Akbar nor the foreign ministry have responded to the allegations against him. But another minister, Maneka Gandhi, said all allegations, including those against politicians, must be probed. He is the…

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