Huawei freaked out at The Wall Street Journal over a report that it secured its global tech dominance on the back of $75 billion in state support from China
$25 billion in tax breaks for tech companiesHuawei said in a statement that the Journal relied on "false information" for its reporting, and characterized it as part of a pattern of "disingenuous" reporting on the company.Huawei did not specify the information it claimed to be false, or provide details to substantiate its claim of an ulterior motive behind the Journal's work.
The US government has also sought to persuade allied governments from freezing Huawei out of any role developing 5G data networks. It instead cited very large expenditure on research and development, which it said far outstrips its rivals.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Brazil 2020: Will Wall Street Return?Brazil peaked in July thanks to Wall Street. It's made a stunning comeback thanks to the Brazilians. Here's how it all goes south in 2020.
Read more »
RBC increases AMD price target to the highest on Wall Street: 'In Lisa Su we trust'RBC Capital Markets bumped up its price target for Advanced Micro Devices stock to the highest on Wall Street.
Read more »
Wall Street idle near record levels in Christmas Eve tradeWall Street hovered near record highs on Tuesday ahead of Christmas break as inv...
Read more »
Huawei is seeking local app partners to help build out its ecosystem for 2020 - Business InsiderHuawei is engaging with developers around the world to build an ecosystem of apps for its core in-house offerings, which will be ready by 2020.
Read more »
Colorado day care owner charged after allegedly hiding toddlers behind a false wallThe owner of a Colorado day care that allegedly used a 'false wall' to hide 26 toddlers in a basement has been arrested and charged, court documents show.
Read more »
Video shows Siberian tiger try to attack young boy at zoo, is blocked by glass wallRob Costelloe filmed the dramatic moment when the Siberian tiger tried to pounce at his son at Dublin Zoo, in Ireland.
Read more »