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Huawei tries to overturn US ban that cites ‘cyber-exploitation’ risk

Bloomberg Huawei Technologies Co is making a Hail Mary bid to undo a US law that prohibits federal agencies and contractors from buying or using the Chinese telecom giant’s equipment because of the alleged risk of “cyber exploitation” by China. Lawyers for Huawei were due in federal court to convince a judge that the law is an unconstitutional attempt by ...

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Alibaba invests in Taiwan’s Perfect

Bloomberg Chinese internet giant Alibaba Group Holding Ltd has agreed to invest in augmented-reality (AR) startup Perfect Corp in its biggest bet so far in Taiwan, people with knowledge of the matter said. Alibaba is leading a new round of funding for Perfect Corp, according to the people, who asked not to be identified because the information is private. Chinese ...

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Apple’s brand in China takes hit from backlash against Trump

Bloomberg The trade war is taking its toll on Apple Inc, a new survey of Chinese consumer attitudes shows. The company tumbled to No. 24 in an annual report on China’s top brands, falling from No. 11 a year ago. In 2017, before the trade war started, Apple was fifth in this ranking. Meanwhile, Apple’s biggest local rival, Huawei Technologies ...

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