Daily Crunch: Huawei founder remains defiant

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. ‘There’s no way the U.S. can crush us,’ Huawei founder claims In a rare interview with the BBC, Ren Zhengfei defiantly […]

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‘There’s no way the US can crush us,’ Huawei founder claims

Huawei’s founder has come out fighting against the U.S. government after he claimed that “there’s no way the US can crush us.” Ren Zhengfei, who founded the telecom company in 1987, doesn’t often make public statements, but, in a rare interview with the BBC, he defiantly claimed that Huawei’s business is growing stronger amid pressure […]

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Without proof, is Huawei really a national security threat?

It’s Huawei vs. the U.S., the U.K., Canada, Australia, New Zealand, and most of Europe and Japan. It’s almost as if the world’s biggest surveillance superpowers don’t want Huawei cell tower and networking router equipment inside critical networks in their countries, amid concerns of the company’s links to the Chinese military. Huawei, they say, could […]

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Canada’s Telus says partner Huawei is ‘reliable’: reports

The US-China tension over Huawei is leaving telecommunications companies around the world at a crossroad, but one spoke out last week. Telus, one of Canada’s largest phone companies showed support for its Chinese partner despite a global backlash against Huawei over cybersecurity threats. “Clearly, Huawei remains a viable and reliable participant in the Canadian telecommunications […]

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The trust dilemma of continuous background checks

First, background checks at startups, then Huawei’s finance chief is arrested, SoftBank’s IPO is subscribed, and I am about to record our next edition of TechCrunch Equity. It’s Thursday, December 6, 2018. TechCrunch is experimenting with new content forms. This is a rough draft of something new – provide your feedback directly to the author […]

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Chinese stocks plummet as Huawei CFO arrest raises trade fears

A string of Chinese stocks fell hard on Thursday after the arrest of Huawei’s chief financial officer Meng Wanzhou in Vancouver deepened concerns over US-China trade tensions. The Hang Seng China Enterprises Index of Chinese companies listed in Hong Kong was off 2.76 percent as of 12:40 p.m. On the Mainland side, the CSI 300 […]

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China leaves Huawei founder off honor roll marking 40 years of economic success

In the lead up to China’s 40th anniversary of reforms and opening up, People’s Daily, the mouthpiece of the ruling Communist Party, published a list on Monday commending 100 extraordinary contributors to the country’s economic development. Familiar names like Jack Ma of ecommerce operator Alibaba as well as Pony Ma of gaming and social networking […]

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