Mike Wheatley
Latest from Mike Wheatley
Huawei slams report that China’s government subsidized its global rise
Huawei Technologies Co. Ltd. has gone on the defensive again, lashing out at a report this week that claims it received billions of dollars in financial aid from the Chinese government to secure its position as one of the world’s leading telecommunications firms. The Wall Street Journal said Wednesday that Huawei managed to establish itself ...
Huawei says its replacement for Google services will soon launch in India
China’s top smartphone maker, Huawei Technologies Co. Ltd., is hoping to throw off the shackles of the Android operating system with the launch of its own version of Google Mobile Services. The replacement set of services, called Huawei Mobile Services, would allow the company’s smartphones to run their own versions of Google’s suite of services, ...
Sony struggles to keep up with demand for its image sensors
Sony Corp. is reportedly struggling to keep up with demand for its camera phone image sensors, even as it ramps up its manufacturing operations to full capacity. Terushi Shimizu, head of Sony’s semiconductor business unit, told Bloomberg Tuesday that the company is running its factories at full capacity throughout the holiday period to try to keep ...
Nvidia’s proposed $6.9B acquisition of Mellanox gains EU approval
Computer chipmaker Nvidia Corp.’s planned $6.9 billion acquisition of Israeli networking company Mellanox Technologies Ltd. has been granted unconditional approval by the European Union. The EU’s approval clears a major hurdle and went through without Nvidia having to make any concessions, according to a Dec. 19 regulatory filing with the U.S. Securities and Exchange Commission by ...
Tesla secures $1.4B in funding from Chinese banks
Electric car maker Tesla Inc. is reportedly borrowing 10 billion yuan ($1.4 billion) from a group of Chinese banks in order to fund the ongoing construction of its new vehicle manufacturing plant in Shanghai. The loan, which will be paid back over five years, is being funded by the China Construction Bank, the Agricultural Bank ...
Dell considers buying up the rest of Secureworks
Dell Technologies Inc. is said to be considering buying up the remaining shares of the cybersecurity services company Secureworks Inc., according to a Bloomberg report today. The report, which cites “people familiar with knowledge of the matter,” said Dell is interested in buying the 13.8% of Secureworks’ shares it doesn’t currently own in order to consolidate the ...
Italian minister says Huawei should not be banned from 5G rollout
China’s Huawei Technologies Co. Ltd. has been given a boost after Italy’s new minister of economic development, Stefano Patuanelli, said it should be allowed to participate in the rollout of new 5G networking services in the country. The minister’s comments came just days after an Italian parliamentary committee said that Chinese companies should be banned ...
To take on Amazon, Walmart looks to ‘supercenters,’ edge computing and 5G
Retail giant Wal-Mart Stores Inc. is looking to leverage its existing chain of “supercenters” to gain an edge over its longtime rival Amazon.com Inc. Rather than trying to take on its main rival in e-commerce directly, Walmart plans to use its existing stores to offer customers faster deliveries, better customer service and more access to ...
IBM partners with the University of Tokyo on quantum computing initiative
IBM Corp. said today it’s teaming up with the University of Tokyo to create a new Japan-IBM Quantum Partnership that will focus on advancing the adoption of quantum computers in order to benefit science, industry and society. IBM said the partnership would have three areas of focus, including the development of quantum applications for industry and ...
Ericsson and Microsoft team up on connected car platform
Swedish telecommunications company Ericsson AB said today it’s integrating its Connected Vehicle Cloud with Microsoft Corp.’s Connected Vehicle Platform. Ericsson’s Connected Vehicle Cloud is a kind of nerve center that connects more than 4 million vehicles in 180 countries worldwide, representing around 10% of the overall connected vehicle market. The service provides 24/7 operations and ...