China to offer preferential tax treatment for integrated circuit design, software firms

BEIJING (Reuters) – China will offer preferential income tax treatment for companies involved in integrated circuit design and software, in an effort to support the development of the industry, the Ministry of Finance said on Wednesday. Companies in integrated circuit … Continue reading China to offer preferential tax treatment for integrated circuit design, software firms

TransferWise closes $292 million secondary funding round at $3.5 billion valuation

(Reuters) – Money transfer startup TransferWise has closed a $292 million secondary funding round which doubles its valuation to $3.5 billion, the company said on Wednesday. The round was led by growth capital investors Lead Edge Capital, Lone Pine Capital … Continue reading TransferWise closes $292 million secondary funding round at $3.5 billion valuation

U.S. could blacklist Chinese surveillance technology firm Hikvision: NYT

FILE PHOTO: Visitors walk near the stall of the Hikvision Digital Technology Co. at the Security China 2018 exhibition on public safety and security in Beijing, China October 23, 2018. REUTERS/Thomas Peter/File Photo (Reuters) – The Trump administration is considering … Continue reading U.S. could blacklist Chinese surveillance technology firm Hikvision: NYT

Huawei accuses U.S. of bullying, says working with Google to respond to ban

Abraham Liu, Huawei Chief Representative to the EU Institutions and Vice-President European Region speaks at a news conference at the Huawei European Cybersecurity Center in Brussels, Belgium, May 21, 2019. REUTERS/Francois Lenoir BRUSSELS (Reuters) – Chinese telecoms equipment maker Huawei … Continue reading Huawei accuses U.S. of bullying, says working with Google to respond to ban