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Posts tagged to Telecommunications

Huawei exerting soft power: International relations strained as Chinese giant seeks overseas expansion

MarketLine

Many governments fear, to varying degrees, the signing of contracts with Huawei will grant intimate access to the government of China – certainly that is the line being pushed by the US government. The New Zealand government gained international attention towards the end of 2018 after the Communications Security Bureau successfully banned mobile phone company Spark from using Huawei equipment in the planned 5G network upgrade. An abrupt cancelling of official Chinese representation at the launch of the much vaunted Year of Chinese Tourism campaign was a rare public statement… Read more

SpaceX: turbulent week for Elon Musk

MarketLine

September 01 2016 saw SpaceX (Space Exploration Technologies Corporation) hit the headlines after the explosion of one of its Falcon-9 rockets on the launch pad at Cape Canaveral. The incident, which occurred during a test launch, destroyed the rocket and its cargo – a $200m satellite. The explosion was the latest bad news in a turbulent week for CEO Elon Musk. Shares in Tesla Motors – where Musk is CEO and largest shareholder – dropped 5.3% after it announced it would need to raise additional capital before the end of… Read more