Surprise!? Huawei Charged

January, 29, 2019|

Huawei Hit with Criminal Charges

The Trump administration on Monday brought criminal charges against Huawei for alleged theft of trade secrets, wire fraud and breach of sanctions, among other violations...

Shutdown Showdown

January, 25, 2019|

Shutdown Update

Rival proposals to end the partial government shutdown failed in the Senate on Thursday, prolonging the impasse that has stymied Washington for weeks but reigniting negotiations between the White House and Capitol Hill over a short-term fix that includes border-security funding...

BuzzFeed Cuts Workforce

January, 24, 2019|

BuzzFeed to Lay Off 15% of Workforce

BuzzFeed is laying off 15 percent of its workforce, about 215 people, sources tell The Hollywood Reporter. CEO Jonah Peretti on Wednesday sent a memo to staffers with the subject line "Difficult Changes" in which he explained that efforts to diversify revenue weren't enough...

Netflix Misses Expectations

January, 18, 2019|

Mixed Results for Netflix

Netflix said Thursday that it added nearly nine million new paying subscribers during the final three months of 2018, beating its own expectations of 7.6 million new subscribers. The service now has 139 million subscribers globally...

Huawei Has Big Trouble

January, 17, 2019|

Huawei Targeted in U.S. Criminal Probe

Federal prosecutors are pursuing a criminal investigation of China’s Huawei Technologies Co. for allegedly stealing trade secrets from U.S. business partners, including technology used by T-Mobile Inc. to test smartphones...

Brexit Vote, No

January, 16, 2019|

Brexit Vote

Britain’s big vote finally arrived Tuesday, and as expected, Parliament handed Prime Minister Theresa May a crushing defeat, rejecting her deal for exiting the European Union by a vote of 432 to 202...

Pacific Gas and Electric Busts Out

January, 15, 2019|

PG&E to File for Bankruptcy

California’s largest power company intends to file for bankruptcy as it faces tens of billions of dollars in potential liability after massive wildfires devastated parts of the state over the past two years...

Ford Struggles Abroad

January, 11, 2019|

Ford to Slash Jobs in Europe

Ford is cutting thousands of jobs, ending production of some models and closing a plant in Europe ahead of a possible alliance with market leader Volkswagen...