Bloomberg The European Union (EU) praised “good progress” in tackling risky suppliers of core fifth-generation mobile network equipment and called on other member states to follow suit. With countries in the region under intensifying US pressure to ban China’s Huawei Technologies Co., the bloc published a report that assessed how well governments were reducing security risks in the shift to ...

Bloomberg Intel Corp.’s decision to consider outsourcing manufacturing heralds the end of an era in which the company, and the US, dominated the semiconductor industry. The move could reverberate well beyond Silicon Valley, influencing global trade and geopolitics. The Santa Clara, California-based company has been the largest chipmaker for most of the past 30 years by combining the best designs ...

Bloomberg Elon Musk, whose Tesla Inc. was a major beneficiary of government stimulus in the wake of the last global financial crisis, has soured on the concept. The outspoken chief executive officer of both Tesla and US government contractor SpaceX tweeted that “another government stimulus package is not in the best interests of the people,” in his opinion. A decade ...