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Huawei to offer BTC.com Bitcoin wallet in app store

Bloomberg Users of Huawei Technologies’s mobile phones will be able to download Bitcoin wallets on their devices for the first time starting on Friday. Huawei, the world’s third-biggest handset maker, is releasing BTC.com’s Bitcoin wallet in its AppGallery, according to an e-mail statement by the company. The BTC.com wallet will be the first cryptocurrency app offered by Shenzhen-based Huawei. The ...

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Chinese billionaire developer gets 4-yrs prison for UN bribery

Bloomberg A Chinese developer convicted of paying bribes to win backing for his plans to build a United Nations conference centre in Macau was sentenced to four years in prison. Billionaire Ng Lap Seng, 69, was convicted in July of conspiracy, bribery and money laundering, in the biggest UN corruption scandal since the oil-for-food programme in the early 2000s. Prosecutors ...

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Inside Hyundai heir Chung Eui-sun’s plan to fend off Elliott attack

Bloomberg With one of the most tenacious activist investors breathing down his neck, Hyundai Motor Group’s crown prince is preparing to defend his family’s dominance of the world’s fifth-largest automotive empire by seeking to win over shareholders ahead of a looming showdown. After announcing about $1.5 billion in buybacks and stock cancellations in the past month, shareholder returns are “just ...

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