Mike Wheatley
Latest from Mike Wheatley
NEC to acquire Danish IT company KMD for $1.2B
Japan’s information technology systems company NEC Corp. said today it’s acquiring Denmark’s KMD Holding in a deal valued at 8 billion Danish Kroner ($1.22 billion). The deal, which is NEC’s second-largest acquisition ever, is expected to be finalized in February and will help the firm to tap into the growing public-sector demand for digital services. ...
Trump considers executive order to ban purchases from Huawei and ZTE
U.S. President Donald Trump is taking another stab at Chinese technology firms Huawei Technology Co. Ltd. and ZTE Corp. Trump is looking at issuing a new executive order that would ban U.S. wireless carriers from using equipment manufactured by the two firms, according to a report in Reuters. Such an order would come as a ...
Huawei says it will ramp up 5G wireless development efforts
China’s embattled telecommunications firm and smartphone maker Huawei Technology Co. Ltd. is rolling up its sleeves, vowing to push on with its 5G network development despite its technology being banned by several Western nations. Huawei Chairman Liang Hua told media Tuesday that the firm’s operations remain “normal” even as it faces a “complicated environment” stemming from the ...
China is tracking schoolchildren with chips embedded in uniforms
China’s high-tech surveillance apparatus is moving into schools, with reports that children are being forced to wear “intelligent uniforms” embedded with microchips. The microchipped uniforms have become standard policy at more than 10 schools in China’s Guizhou province and the neighboring autonomous region of Guangxi, according to a report Tuesday in the Epoch Times that quotes local ...
Intel receives $185M grant for Israeli expansion plans
Intel Corp. is being given a handy incentive, a 700 million shekel ($185 million) grant from Israel’s government in exchange for expanding its Fab 28 manufacturing facility there. The U.S. chipmaker announced plans for a $5 billion expansion of the Fab 28 facility in May. Located in the town of Kirya Gal in the south of ...
Satellite startup OneWeb wants to sell a minority stake to Russia’s government
OneWeb Ltd., a U.S.-based startup that’s aiming to launch a constellation of satellites that will bring broadband connectivity to remote areas of the world, is trying to sell a minority stake to Russia’s government. The company was founded in 2012 with the lofty goal of trying to deploy a constellation of microsatellites that would provide ...
Huawei cements its spot as the world’s second-biggest smartphone maker
Chinese smartphone maker Huawei Technologies Co. Ltd. has ridden out a turbulent year to cement its place as the world’s No. 2 manufacturer. The company, which was reported to have surpassed Apple Inc. as the world’s second-biggest smartphone company in terms of sales this summer, said today it has shipped more than 200 million devices in ...
Chinese firms ask employees to boycott Apple in support of Huawei
Chinese companies are said to be banding together in a show of solidarity towards telecommunications firm Huawei Technology Co. Ltd. by encouraging their employees to buy its smartphones and other devices. In some cases, the show of support is going even further, with reports that employees are also being discouraged from buying products from rival ...
China said to be mulling new law that would ban forced technology transfers
Lawmakers in China are reported to be considering a new law governing foreign investments that would prevent the “forced transfer” of technology to Chinese firms. The report from the Xinhua news agency Sunday said the proposed new law would replace existing laws on Chinese and foreign equity joint ventures, nonequity joint ventures and wholly foreign-owned ...
Apple promotes AI chief John Giannandrea to its executive team
Apple Inc. today rewarded its recent hire John Giannandrea with a promotion to its top executive team, handing him a new role as senior vice president of machine learning and artificial intelligence strategy. Giannandrea is a machine learning expert who joined Apple in April, just days after he left previous employer Google LLC, where he established ...