Huawei asks Verizon to pay over $1 billion for over 230 patents: source
Huawei Technologies Co Ltd has told Verizon Communications Inc that the U.S. carrier should pay licensing fees for more than 230 of the Chinese telecoms equipment maker’s patents and in aggregate is seeking more than $1 billion, a person briefed on the…
Huawei fights to keep U.S. funds flowing to its rural mobile customers
China’s Huawei Technologies Co Ltd, the world’s biggest telecoms equipment maker, argued on Wednesday that Washington should scrap plans to prohibit wireless companies from using U.S. government funds to buy Huawei gear for their networks.
Pompeo to push in India for more U.S. access to local markets
The United States is open to dialogue to resolve trade differences with India by allowing American companies more access to Indian markets, U.S. Secretary of State Mike Pompeo said on Wednesday ahead of a visit to New Delhi later this month.
Oil tumbles on demand worries; stocks hit by trade, economic fears
Oil prices slid 4% on Wednesday on higher U.S. crude inventories and a bleaker demand outlook, while uncertainty over the U.S.-China trade war and U.S. economic data weighed on stocks.
Wall St. slips; banks fall with prospect of rate cut, energy drops
Wall Street ended down slightly on Wednesday, with bank stocks declining as prospects of a U.S. interest rate cut rose and energy shares tumbling along with oil prices.
Cheaper sensors could speed more self-driving cars to market by 2022
The first heavily automated mass-market vehicles for consumers could go on sale as soon as 2022, if one or more vehicle manufacturers adopt a new sub-$500 lidar sensing package being developed by Silicon Valley startup Luminar.
Stocks dip as banks, energy shares fall
Wall Street ended down slightly on Wednesday, with bank stocks declining as prospects of a U.S. interest rate cut rose and energy shares tumbling along with oil prices.
Philip Green’s Arcadia avoids collapse as creditors back deal
Philip Green’s Topshop-to-Dorothy Perkins fashion empire staved off a collapse into administration on Wednesday as creditors approved his sweetened restructuring plan.
Oil tumbles on demand worries; stocks hit by trade and economic fears
Oil futures sank 4% on Wednesday amid higher U.S. crude inventories and a bleaker demand outlook, while uncertainty over the U.S.-China trade war and U.S. economic data weighed on stocks.
Democratic commissioner questions FCC review of Sprint T-Mobile merger
The senior Democrat on the Federal Communications Commission on Wednesday criticized the FCC’s review of the proposed $26.5 billion tie-up of Sprint Corp and T-Mobile US Inc, saying Republican commissioners moved toward approving the merger without ade…
