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Equity Monday: HungryPanda raises $70M, trade tensions, and cross-border VC

Equity Monday: HungryPanda raises M, trade tensions, and cross-border VC Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest big news, chats about the coming week, digs into some recent funding rounds and […]

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UK shrinks timetable for telcos to stop installing 5G kit from Huawei

UK shrinks timetable for telcos to stop installing 5G kit from Huawei The UK government has squeezed the timetable for domestic telcos to stop installing 5G kit from Chinese suppliers, per the BBC, which reports that the deadline for installation of kit from so-called ‘high risk’ vendors is now September. It had […]

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The FCC rejects ZTE’s petition to stop designating it a “national security threat”

The FCC rejects ZTE’s petition to stop designating it a “national security threat” The Federal Communications Commission has rejected ZTE’s petition to remove its designation as a “national security threat.” This means that American companies will continue to be barred from using the FCC’s $8.3 billion Universal Service Fund to buy equipment […]

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Huawei reports slowing growth as its operations “face significant challenges”

Huawei reports slowing growth as its operations “face significant challenges” Huawei announced earnings results today showing that its growth has slowed significantly this year as the Chinese telecom equipment and smartphone giant said its “production and operations face significant challenges.” While Huawei did not specify trade restrictions in its brief announcement, the […]

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Huawei plans to divest budget phone unit Honor: reports

Huawei plans to divest budget phone unit Honor: reports Besieged by U.S. tech sanctions, Huawei may be looking to shake up its smartphone business that has taken a hit after losing core semiconductor parts and software services. The Chinese giant is in talks with Digital China Group to sell parts of Honor, […]

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President Trump reportedly has approved the Oracle deal for TikTok’s US operations

President Trump reportedly has approved the Oracle deal for TikTok’s US operations President Donald Trump said has has given his stamp of approval “in concept” on the Oracle bid for the U.S. operations of the wildly popular social media app, TikTok, according to a report from Bloomberg. According to the Bloomberg report […]

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Huawei phones will start running on HarmonyOS in 2021

Huawei phones will start running on HarmonyOS in 2021 Huawei is planning to launch its proprietary Harmony operating system on smartphones in 2021, the firm announced at its annual developer conference in Dongguan on Thursday. The readiness of HarmonyOS handsets will largely be contingent on the number of apps Huawei can attract […]

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More Chinese phones could lose US apps under Trump’s Clean Network

More Chinese phones could lose US apps under Trump’s Clean Network Over a third of the world’s smartphone sales come from Chinese vendors Huawei, Xiaomi and Oppo. These manufacturers have thrived not only because they offer value-for-money handsets thanks to China’s supply chains, but they also enjoy a relatively open mobile ecosystem, […]

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Huawei overtook Samsung in global smartphone shipments for Q2

Huawei overtook Samsung in global smartphone shipments for Q2 Things haven’t exactly been smooth sailing for Huawei in recent years. The company’s rapid trajectory has been disrupted by on-going battles with the U.S. government that have, among other things, blocked its access to Google apps and services. But a new report from […]

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Decrypted: As tech giants rally against Hong Kong security law, Apple holds out

Decrypted: As tech giants rally against Hong Kong security law, Apple holds out It’s not often Silicon Valley gets behind a single cause. Supporting net neutrality was one, reforming government surveillance another. Last week, Big Tech took up its latest: halting any cooperation with Hong Kong police. Facebook, Google, Microsoft, Twitter, and […]

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