• Huawei CFO Cites $12 Million Home and Health Troubles in Bail Bid
    Bloomberg34 minutes ago

    Huawei CFO Cites $12 Million Home and Health Troubles in Bail Bid

    In court filings, her attorneys paint a picture of a cancer survivor who’s undergone multiple surgeries and needs daily medication to cope with a plethora of health issues, while outlining how her entire family has deep roots in Vancouver, where she’s being held. The CFO’s bail hearing resumes Monday

  • SoftBank Sticks to IPO Price Despite Market Drop, Network Outage
    Bloomberg1 hour ago

    SoftBank Sticks to IPO Price Despite Market Drop, Network Outage

    Including an overallotment of about 160 million shares, SoftBank is selling a total of roughly 1.76 billion shares. Founder Masayoshi Son and his bankers dispensed with a price range and chose to set a single preliminary figure last month, betting that they will be able to sell all of the shares in

  • Google, Facebook Face Australia Crackdown Over Market Power
    Bloomberg1 hour ago

    Google, Facebook Face Australia Crackdown Over Market Power

    In a preliminary report released Monday, the Australian Competition and Consumer Commission said a new or existing watchdog should investigate and monitor how large digital platforms rank and display adverts and news. “The ACCC considers that the strong market position of digital platforms like Google

  • 'Fortnite' streamer charged after alleged domestic assault on Twitch
    Mashable Tech1 hour ago

    'Fortnite' streamer charged after alleged domestic assault on Twitch

    An Australian Fortnite streamer has been charged after allegedly assaulting his partner during a live broadcast on Twitch. Officers from Camden Police were contacted after a witness reported the alleged assault, which took place on Sunday evening. SEE ALSO: 'Fallout 76' banning homophobic players

  • Bloomberg2 hours ago

    Alibaba Weighs Joining Megvii's $500 Million Round, Sources Say

    The Beijing-based company, which already counts Alibaba as a backer, is talking with Chinese private equity investors and is considering a valuation between $3.5 billion to $4 billion, the people said, asking not to be named because the matter is private. The financing, which the company hopes to close

  • The U.S. Has Huawei in Cuffs. China Has the U.S. in Chains
    Bloomberg3 hours ago

    The U.S. Has Huawei in Cuffs. China Has the U.S. in Chains

    (Bloomberg Opinion) -- Imagine you’re a product engineer for a U.S. device brand based in China. You’ve had to submit your passport for annual visa renewal.

  • Trump Team Works to Insulate China Talks From Huawei Case
    Bloomberg3 hours ago

    Trump Team Works to Insulate China Talks From Huawei Case

    The rush of televised interviews with Trump aides ahead of the opening of markets in Asia came amid signs that the dispute over the Dec. 1 arrest in Canada of Huawei Technologies Co. Chief Financial Officer Meng Wanzhou was continuing to escalate. The administration has to satisfy both its hawkish instincts

  • Music Giant Backed by Pony Ma Is Poised to Spin New Billionaires
    Bloomberg5 hours ago

    Music Giant Backed by Pony Ma Is Poised to Spin New Billionaires

    Co-presidents Xie Zhenyu and Xie Guomin are on the brink of becoming billionaires as Tencent Music Entertainment Group prepares a public stock offering in New York that may value the company at $24.5 billion. Edmond Lococo, an external spokesman for Tencent Music, said the company declined to comment

  • Digital Wallet Launched by Dentist Is Valued at $1.2 Billion
    Bloomberg7 hours ago

    Digital Wallet Launched by Dentist Is Valued at $1.2 Billion

    Launched as a peer-to-peer payment app in 2015 by former Samsung Group dentist Lee Seung-gun, Toss expanded into a plethora of financial services from credit scoring to insurance and now wants to become a securities broker. Its latest round of funding also involved Ribbit Capital and valued the company

  • Huawei's CEO Built an Empire. Trump Could Tear it Down
    Bloomberg9 hours ago

    Huawei's CEO Built an Empire. Trump Could Tear it Down

    For Ren, a former People’s Liberation Army soldier turned telecom tycoon, the elegant birds are meant as a reminder to avoid complacency and prepare for unexpected crisis. The arrest places Huawei in the cross-hairs of an escalating technology rivalry between China and the U.S., which views the company

  • Online Property Sales Are Booming in China
    Bloomberg10 hours ago

    Online Property Sales Are Booming in China

    Online distressed property sales are booming in the world’s largest bad-debt market. Global funds like Oaktree Capital Group LLC and Bain Capital LP are getting in on the action but the internet has meant even individuals or smaller companies can snag a bargain. Banks, real estate firms and people

  • Twitter's Jack Dorsey gets roasted for his ignorant tweets about Myanmar
    Mashable Tech12 hours ago

    Twitter's Jack Dorsey gets roasted for his ignorant tweets about Myanmar

    Twitter CEO Jack Dorsey shared with the world what he did on his most recent birthday: travel to Myanmar and do a 10-day silent meditation. Dorsey made a thread on Twitter explaining the experience, and hundreds of people chimed in to remind Jack of the genocide happening in Myanmar that's been

  • China Summons U.S. Envoy Over Huawei CFO
    Bloomberg15 hours ago

    China Summons U.S. Envoy Over Huawei CFO

    Meng was arrested in Vancouver on Dec. 1 on the orders of U.S. authorities for allegedly violating American sanctions on selling technology to Iran. Canada’s ambassador to China was summoned to the ministry on Saturday.

  • Blender Face-Off: Vitamix vs. Blendtec
    Consumer Reports20 hours ago

    Blender Face-Off: Vitamix vs. Blendtec

    High-end blenders sell for $300 to $1,000, and just two brands account for half the models at that price range in our ratings: Vitamix, a regular at the upper echelons of Consumer Reports' rankin...

  • Ways to Save While Shopping at Outlet Malls
    Consumer Reports20 hours ago

    Ways to Save While Shopping at Outlet Malls

    To save money while holiday shopping, it might seem like a good idea to head to the outlets. But beware: Outlet malls can cause even the most disciplined shopper to overspend, especially this tim...

  • Best Fitness Tech Gifts Under $200
    Consumer Reports20 hours ago

    Best Fitness Tech Gifts Under $200

    Need a gift for a tech-obsessed fitness buff? Or does that special someone need a new tech toy to jump-start their fitness resolution in the New Year? Either way, we've got some good ideas for yo...

  • 10 gift ideas under $50 for the person who has everything
    Mashable Tech21 hours ago

    10 gift ideas under $50 for the person who has everything

    The holidays are generally a stressful time, thanks in no small part to the mind-numbing task of having to think of (and not to mention, afford) the perfect presents for our friends and family. If you're out of ideas, allow us to direct you to this roundup of products that are all under $50 and

  • Uber Said to File for IPO
    Bloombergyesterday

    Uber Said to File for IPO

    Like Lyft, Uber this week submitted its IPO filing confidentially to the U.S. Securities and Exchange Commission, said the person, who asked not to be identified because the matter was private. The offering could be the largest IPO next year and one of the five biggest of all time. Bankers have told

  • SantaCon is back to make you regret moving to the city
    Mashable Techyesterday

    SantaCon is back to make you regret moving to the city

    It's the most wonderful time of the year.  That's right, cities around the globe are celebrating that most modern of holidays on Saturday: SantaCon. The annual gathering of revelers dressed as Santa Claus may have originated in San Francisco as a radical act of anti-consumerist mischief, but

  • Critics call NYPD's drone deployment 'a serious threat to privacy'
    Mashable Techyesterday

    Critics call NYPD's drone deployment 'a serious threat to privacy'

    Drones are coming to New York City, and that should worry you.  So argues the New York Civil Liberties Union, which in a Dec. 7 statement blasts the forthcoming NYPD deployment of the flying surveillance bots as "a serious threat to privacy." The 14 police drones, which the New York Times reports

  • Leaked images show what Samsung Galaxy S10 might look like
    Mashable Techyesterday

    Leaked images show what Samsung Galaxy S10 might look like

    Samsung's Galaxy 10 is coming and while we already know it's going to be feature-packed like no other Samsung phone before, we didn't have any idea what it looks like... until now. Two of most-respected phone leakers Evan Blass (@evleaks) and Ice Universe (@Universeice) have had a busy

  • Apple's latest business move hints at a Netflix-like approach with Apple Music
    Mashable Tech2 days ago

    Apple's latest business move hints at a Netflix-like approach with Apple Music

    The music streaming war between Apple Music and Spotify is heating up. As part of what appears to a be series of moves to grow Apple Music, Apple has acquired Platoon, a London-based company that discovers and develops artists by giving them the resources they need to create music and forge relationships

  • Canadian Telecoms Face $1 Billion Cost to Remove Huawei Gear, Globe & Mail Says
    Bloomberg2 days ago

    Canadian Telecoms Face $1 Billion Cost to Remove Huawei Gear, Globe & Mail Says

    (Bloomberg) -- Canada’s Telus Corp. and BCE Inc. may face at least $1 billion in costs if the country bans telecommunications equipment made by China’s Huawei Technologies Co. from their next generation 5G mobile networks, The Globe and Mail reported Saturday, citing unidentified people familiar with

  • China's Ire Finally Flares as U.S. Opens Huawei CFO Case
    Bloomberg2 days ago

    China's Ire Finally Flares as U.S. Opens Huawei CFO Case

    In its first move since Meng Wanzhou was arrested Dec. 1, Chinese Vice Foreign Minister Le Yucheng summoned Canadian ambassador to China John McCallum to urge the immediate release of Huawei’s chief financial officer, the foreign affairs ministry said in a statement Saturday. The move ignored the law

  • 50 years ago, Douglas Engelbart's ‘Mother of All Demos’ changed personal technology forever
    Mashable Tech2 days ago

    50 years ago, Douglas Engelbart's ‘Mother of All Demos’ changed personal technology forever

    Imagine someone demonstrating a jet plane 15 years before Kitty Hawk. Imagine someone demonstrating a smartphone 15 years before the first cellular networks were even launched. Imagine someone demonstrating a controlled nuclear chain reaction 15 years before Einstein formulated e=mc2. On a crisp, overcast