Reuters - Technology Report

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Monday, June 17, 2019

U.S. chipmakers quietly lobby to ease Huawei ban

Huawei's American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical government lobbying, people familiar with the situation said.

JD.com may list logistics unit in future but no plan currently: exec

Chinese e-commerce giant JD.com Inc may list its logistics unit in the future but it currently has no clear plan, a senior company executive said on Monday.

Palestinian contractors poised for riches from Israeli tech firm's takeover

Palestinian engineers working for Israeli chip designer Mellanox Technologies are poised to share a $3.5 million payout when the company's takeover by U.S. chip supplier Nvidia Corp is completed.

Huawei CEO says underestimated impact of U.S. ban, sees revenue dip

Huawei Technologies Co Ltd's founder and CEO Ren Zhengfei said the impact of a U.S. ban on the Chinese company was more severe than expected and warned that revenue would dip to around $100 billion this year and the next.

Nvidia to work with Arm chips, deepening push into supercomputers

Nvidia Corp on Monday said it will make its chips work with processors from Arm Holdings Inc to build supercomputers, deepening Nvidia's push into systems that are used for modeling both climate change predictions and nuclear weapons.

Alibaba proposes one-to-eight stock split ahead of up to $20 billion HK listing

China's Alibaba Group Holding has proposed a one-to-eight stock split ahead of a listing in Hong Kong later this year that is expected to raise up to $20 billion.

Google appoints Stanley Chen to head Greater China sales, operations

Alphabet Inc's Google has appointed Stanley Chen as its managing director of Greater China sales and operations, the company said in a statement on Monday.

Target says payments vendor faces glitch; registers back online

Target Corp on Sunday said it was unable to process select card payments at some stores for nearly 90 minutes due to a vendor-related issue – the second consecutive outage faced by the retailer in a week.

Huawei prepares for 40%-60% fall in international smartphone shipments: Bloomberg

Huawei Technologies Co Ltd is preparing for a 40% to 60% decline in international smartphone shipments, Bloomberg reported on Sunday.

UK PM front-runner Johnson pledges to 'end the digital divide' by 2025

Boris Johnson, the front-runner to replace Prime Minister Theresa May, pledged on Sunday to "end the digital divide" in Britain with the rollout of full fiber broadband by 2025.