Technology
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World
Huawei launches new smartphones without 5G as U.S. sanctions, chip shortage bite
Richard Yu, CEO of Huawei’s consumer business group, unveils the Chinese tech giant’s new P50 smartphone lineup. Huawei Huawei on…
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UK to study using overhead wires to power long-haul trucks
This photo, from 2019, shows a Scania cargo e-truck being powered by overhead electrical power lines on the A5 autobahn…
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World
The global chip shortage is starting to hit the smartphone industry
A store window in Dublin, Ireland, with iPhones and Samsung Galaxy handsets on display. Artur Widak | NurPhoto | NurPhoto…
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Consortium prepares bid to buy the UK’s biggest chip plant back off Chinese-owned Nexperia
SOPA Images | LightRocket | Getty Images LONDON – A consortium is raising money from banks and private equity investors…
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Billionaire investor Chamath Palihapitiya backs UK insurance start-up as it pivots from drones to cars
Venture capitalist Chamath Palihapitiya. Mark Kauzlarich/Bloomberg via Getty Images LONDON — On June 3, one of London’s hottest days of…
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Ratings agencies downgrade China Evergrande as concerns over junk bonds rise
Major credit ratings agencies this week downgraded China’s most indebted property developer Evergrande, as concerns over Asia’s junk bond sector…
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Uber shares drop as Softbank plans to sell shares to cover Didi losses
SoftBank is selling about one-third of its stake in ride-hailing company Uber to cover losses on its investment in Chinese…
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PayPal comes in light on revenue, profit drops from last year
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images PayPal shares…
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Qualcomm shares rise as revenue pops 63% driven by chip sales
Qualcomm CEO Cristiano Amon. Carlo Allegri | Reuters Qualcomm shares rose over 3% in extended trading on Wednesday after the…
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World
Facebook earnings are out – here are the numbers
CEO of Facebook Mark Zuckerberg walks to lunch following a session at the Allen & Company Sun Valley Conference on…
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