telecoms
Del Mar (United States) (AFP) - The problem with mobile phones is that people look at them too much. At least, that's according to the man who invented them 50 years ago. Martin Cooper, an American engineer dubbed the "Father of the cell phone," says the neat little device we all have in our pockets has almost boundless potential and could one day even help conquer disease. But right now, we can be a little obsessed. "I am devastated when I see somebody crossing the street and looking at their cell phone. They are out of their minds," the 94-year-old told AFP from his office in Del Mar, Califo...
AFP
Sydney (AFP) - Google violated Australian law by misleading users of Android mobile devices about the use of their location data, a court ruled Friday in a landmark decision against the global digital giant. The US company faces potential fines of "many millions" of dollars over the case, which was brought by the Australian Competition and Consumer Commission (ACCC), the regulators' chief Rod Sims said. The federal court found that in 2017 and 2018 Google misled some users of phones and tablets featuring its Android operating system by collecting their personally identifiable location informat...
AFP
Hong Kong (AFP) - Shares in China's two biggest companies Alibaba and Tencent tumbled in Hong Kong on Thursday in response to media reports that the Trump administration plans to press ahead with a ban on Americans investing in them. Ecommerce titan Alibaba sank almost four percent and internet powerhouse Tencent shed 4.7 in morning trade after the Wall Street Journal said officials in multiple government departments were assessing the impact of an investment ban. Such a move would be another blow to Alibaba, which has come under pressure from Chinese officials as regulators launch an anti-mon...
AFP
New York (AFP) - The New York stock exchange has begun the process of delisting three Chinese telecoms companies as it seeks to comply with an order by the Trump administration barring investment in firms with ties to the Chinese military. It comes as relations between the world's two biggest economies spiral downwards over sore points ranging from trade and the coronavirus to Hong Kong and Xinjiang. Trading in China Mobile Communications, China Telecommunications Corp and China Unicom (Hong Kong) Limited will end within the next week, subject to transactions being settled, the exchange said i...
AFP
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