Bloomberg Bids in Taiwan’s auction of fifth-generation networking airwaves have exceeded NT$100 billion ($3.3 billion), a sign of robust demand as carriers race to deploy new wireless networks for applications including smart manufacturing and autonomous cars. Chunghwa Telecom Co, Far EasTone Telecommunications Co, Taiwan Mobile Co and two other rivals are bidding for preliminary licenses to the spectrum they need ...

Bloomberg In the days after the US government said it would bar Huawei Technologies Co from buying vital American components, the Chinese company’s founder, Ren Zhengfei, pulled together an emergency meeting of his top lieutenants at headquarters in Shenzhen. In a large conference room, the billionaire asked for a report from the head of each business unit on how they ...

Bloomberg Chancellor of the Exchequer Sajid Javid promised to unleash “a decade of renewal” when he outlines his budget on March 11 as he seeks to ready the UK for its departure from the European Union. Javid’s office said he will make good on pledges to cut taxes and spread opportunity as he announced the date for the statement, postponed ...

Bloomberg Facebook Inc has shed more light on its efforts to eradicate doctored videos known as deepfakes, addressing an issue it’s identified as an emergent threat ahead of the US election. The operator of the world’s largest social network pledged to remove content that has been “edited or synthesised” beyond adjustments for quality or clarity and is deemed likely to ...

Bloomberg German car production fell to its lowest in almost a quarter of a century as Europe’s biggest economy suffers from the fallout of a global trade war. Automakers including Volkswagen AG, BMW AG and Daimler AG produced 4.66 million vehicles in German factories last year, the weakest since 1996. The country’s VDA car lobby, which published the figures said ...

Bloomberg Uber Technologies Inc. is working on a flying car with Hyundai Motor Co., the first automaker to buy into Uber’s dream for a network of air taxis dotting the skies of major cities. The two companies outlined their partnership at the CES technology conference and plan to show off a full-scale model of the vehicle this week on the ...

War with Iran has been coming at us in slow motion since 1979. Now, ominously, it’s really here, but we don’t seem any better at deflecting revolutionary Iran from its destructive course than we were at the beginning. The Iranian-backed militiamen with their battering ram at the gate of the US Embassy in Baghdad last week looked eerily similar to ...

Michel Barnier, the European Union’s top Brexit negotiator, is the Brussels equivalent of a rock star. For three years, the unflappable 68-year-old Frenchman has been hashing out the terms of the UK’s departure while making sure the remaining 27 members stick together. He is the real survivor of the Brexit saga. The fact that Barnier is still in the job ...

The seemingly impossible, paradoxical news that astronomers had taken a picture of a supermassive black hole captured our imaginations in 2019 for good reason. What they actually showed us was a sort of shadow — a spherical blackness surrounded by a cosmic hurricane of matter and energy — but that was enough to qualify as a sign of real human ...

Cause and effect. Action, reaction. As China cracks down on shadow finance, private companies and state giants alike are learning that the karmic wheel of money can come to a screeching halt. In April 2018, China unveiled far-reaching rules for its financial industry as part of an effort to curb risk. Banks were asked to spin off their wealth-management arms, ...