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Electronics News:

Macquarie backs drone map, electric-vehicle businesses

Macquarie Group, the worlds largest manager of infrastructure assets, has seeded money in a map system for drones and an electric-vehicle sharing business, it said on Monday. ...


Huawei founder says Huawei CFO arrest was politically motivated: BBC

Huawei founder Ren Zhengfei said on Monday that the arrest of his daughter, Huawei Chief Financial Officer Meng Wanzhou, was politically motivated. ...


Britain does not support total Huawei network ban: sources

British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations the Chinese firm and its products could be used by Beijing for spying, people with knowledge of the matter said. ...


Uber agrees to pay VAT in Egypt: tax chief

Uber has agreed to pay value-added tax on its services in Egypt, Egyptian officials said on Monday, a move that may help resolve a long-simmering feud with traditional taxi drivers. ...


Germany bans Wirecard 'shorting' as prosecutors probe FT journalist

Germanys financial watchdog has banned short selling of Wirecard shares due to volatility in the payments firms stock following reports in the Financial Times which are now the subject of an investigation by German authorities. ...


Alibaba is the force behind hit Chinese Communist Party app: sources

A Chinese government propaganda app that recently became a huge hit was developed by Alibaba, two people at the company told Reuters, at a time when the nations tech firms are under global scrutiny over their ties to Beijing. ...


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