The European Union is considering proposals that would effectively amount to a de-facto ban on Huawei Technologies Co. equipment for next-generation mobile networks, four senior EU officials said, adding to mounting international pressure on the world’s largest maker of telecom gear.
Facebook's stock fell as much as 24 per cent after hours on Wednesday over concerns about the impact of privacy issues on the social media company's business, with executives warning that revenue growth would slow and expenses would rise.
Digital businesses have redefined the economic playing field. The effects of Brexit may be our first big test of the capacity of digital business models to weather significant external forces of change.
The European Union is moving to build a high-performance computing industry to challenge U.S. dominance, but it doesn't want to play catch-up. It wants to leapfrog, and it is seeing whether ARM Holdings technology can give it that edge.