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Son names AI professor to SoftBank board

Bloomberg Masayoshi Son can’t stop talking about how artificial intelligence (AI) is going to change the world. Now SoftBank Group Corp will finally have a board member who is an expert on the subject. SoftBank named a new director: Yutaka Matsuo, a professor at the University of Tokyo who focuses on social network mining, natural language processing and AI. SoftBank ...

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Apple’s China business faces fresh blow from Huawei ban

Bloomberg The US crackdown on Huawei Technologies Co could make Apple Inc’s already troubled business in China even more difficult, hobbling iPhone sales in the world’s biggest smartphone market and disrupting the company’s supply chain, according to analysts. US President Donald Trump effectively banned US companies from working with Huawei. That’s sparked concern on Wall Street about potential retaliation by ...

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China surveillance tycoons lose billions as US tensions rise

Bloomberg Escalating tensions between Washington and Beijing are wiping billions from the net worth of China’s richest surveillance tycoons. The billionaires behind Hangzhou Hikvision Digital Technology Co and Zhejiang Dahua Technology Co have watched their combined fortunes sink by more than $8 billion since March 2018 as shares of both companies sank on speculation of potential US sanctions. The losses ...

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