Business

Tech companies push for new software to break China's 5G lead

America's top tech companies are pushing for a software-based approach to building 5G telecom networks that could help the United States and its allies get past the hardware-based leadership position that China's Huawei currently ...

US restricts technology sales to Chinese semiconductor giant

Washington has ordered US companies to seek permission before selling their technologies to Chinese semiconductor giant SMIC, its latest salvo in the battle for technological dominance over Beijing, the Wall Street Journal ...

Business

Facebook CEO to appear before Congress on currency plan

Facebook CEO Mark Zuckerberg will appear before Congress this month as the tech giant is under pressure from lawmakers and regulators over its massive market power and record of privacy breaches.

Business

Australia PM rules out US-style TikTok ban

Australia's prime minister said Thursday his government has no plan to copy a move by US legislators to ban TikTok unless it agrees to divest from its Chinese owner.

Business

High speed rail between LA and Las Vegas gets $3bn boost

A proposed high-speed rail line linking Los Angeles with the US gambling and entertainment capital Las Vegas moved closer to reality Tuesday with the announcement of a $3 billion government grant.

Business

Five social media chiefs to testify in US Senate

Social media CEOs including Mark Zuckerberg of Facebook and Instagram and TikTok's Shou Zi Chew will face a grilling in the US Senate early next year over online child sexual exploitation.

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