Bloomberg Google and Apple Inc complied with an Indian court order to block downloads of the popular app TikTok over government concerns with illicit content, according to people familiar with the decision. The move could handicap the app’s owner, China’s Bytedance Ltd, the world’s most highly valued startup, in one of its most promising markets. An Indian state court had ...
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Apple, Qualcomm settle billions of dollars of licensing dispute
Bloomberg Apple Inc. and Qualcomm Inc. agreed to end a two-year legal battle over billions of dollars of technology licensing fees that threatened the chipmaker’s most profitable line of business. Apple will make a one-time payment to Qualcomm, and the two reached a multiyear agreement whereby Qualcomm will supply chips and license its technology to the iPhone maker in exchange ...
Read More »Trump receives trade setback as WTO ruling may foil US strategy
Bloomberg The debate over whether the World Trade Organization (WTO) has the authority to rule on disputes involving countries’ national security was put to rest, setting up a battle with the US, which has asserted the Geneva-based body doesn’t have the standing to make such decisions. Russia and Ukraine said they won’t appeal a landmark trade decision in which the ...
Read More »T-Mobile CEO defends Sprint merger as opposition mounts
Bloomberg As fears grow that T-Mobile US Inc.’s Sprint Corp. merger will be quashed by regulators, Chief Executive Officer John Legere is leading a personal crusade to rescue the deal. The CEO, known for his straggly hair, magenta T-shirts and Twitter antics, has made frequent trips to Washington since the proposed combination was announced in April of 2018. And he’s ...
Read More »Indonesia president set to win second term, calls for unity
Bloomberg Indonesian President Joko Widodo was poised to win another term running the world’s largest Muslim-majority country, even as opponent Prabowo Subianto signalled he would challenge the outcome. Six top private polling agencies had Widodo, known as Jokowi, ahead of the former general by at least seven percentage points with about 90 percent of the vote counted. While election authorities ...
Read More »UAE, Czech Republic discuss ways to boost economic ties
ABU DHABI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, discussed ways of reinforcing the economic and commercial ties between the UAE and the Czech Republic, as well as partnership opportunities and the exchange of expertise between their public and private sectors, to serve their economic goals. The discussion took place during a meeting between Al Mansouri and ...
Read More »Cityscape Abu Dhabi opens
Abu Dhabi / WAM His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, opened on Tuesday, Cityscape Abu Dhabi, the emirate’s leading property investment and development event, at Abu Dhabi National Exhibition Centre. The three-day property event is being staged under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince ...
Read More »UAE, Japanese official review nation’s senior citizens policy
DUBAI / WAM Hessa Essa Buhumaid, Minister of Community Development, met Akihiko Nakajima, Ambassador of Japan to the UAE, and exchanged views on the UAE’s community development initiatives, and the care for members of society, especially senior citizens. The minister relayed the UAE experience in community care for Senior Emiratis and family cohesion based on diversified policies and legislation following ...
Read More »UAE, US hold talks over cooperation in future technology
Dubai / WAM Omar Sultan Al Olama, Minister of State for Artificial Intelligence and Deputy Managing Director of Dubai Future Foundation (DFF), highlighted the role of building solid international ties, establishing global partnerships, and employing modern technologies across various industries in supporting the UAE’s efforts in developing the industry of the future. He made these remarks while leading a UAE ...
Read More »Kim getting ready for first summit with Russia’s Putin
Bloomberg Russia is preparing for North Korean leader Kim Jong-un’s first summit with President Vladimir Putin, setting the stage for consultations between the long-time allies after Kim’s nuclear talks with the US broke down. Russian officials told a South Korean diplomatic delegation visiting Moscow this week that plans were being made for a summit but offered no details on a ...
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