Why the controversy over Huawei technology in UK networks?

The White House believes China will use its platform in the UK to spy on Washington. Photograph: Mark Schiefelbein/AP As the UK government prepares to decide whether or not to allow Huawei to be involved in setting up a key portion of the nation’s infrastructure, US officials have issued a stark warning that allowing the Chinese firm a role would put transatlantic intelligence sharing at risk. Why are the Americans so concerned? To put it bluntly, the White House believes the Chinese state will use Huawei to help it spy. Officials in Washington believe…

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U.S. And China Technology Conflict—Here’s Why 2020 Is So Critical

As we approach 2020, the heated technology conflict between the U.S. and China shows no signs of a thaw. U.S. President Trump’s campaign against leading Chinese technology firms—including but not only Huawei—may have grabbed the headlines, but there is also China banning most leading U.S. consumer content-based technologies, Russia architecting its sovereign internet, political pressure on western tech players over international research collaboration. As we approach 2020, a decade and more of ever-tightening technology globalisation looks very much at risk. A key part of the divide is the so-called splinternet or balkanisation of the…

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Why It Might Pay to Delay Planning Holiday Travel

Procrastinators who have yet to book holiday flights might still have a shot at getting reasonably priced tickets—especially if they’re willing to play chicken with the airlines. AAA analyzed three years of domestic flights to identify the best times to reserve seats for Thanksgiving and Christmas travel and found that dawdlers got the best prices. Those who waited until seven to 13 days before the week of Thanksgiving paid $482 on average. Those who waited until that close to the week of Christmas paid around $488. By those calculations, holiday…

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Why Travel? Find Joy When You Leave (Or Stay) Home

Travel. It seems like we all love to do it — or love to say we love it. But what is it really for? Why do we get away, and how does it give us meaning? Here are six ways to find fulfillment wherever you go, whether it’s around the corner or around the world. 1. Meaning is what you make it. A meaningful time isn’t necessarily a good time — or a bad time. You bring the context to your experience, and it might include having tough conversations, going through a…

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Why businesses depend on this man’s technology

The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Jeff Lawson, co-founder and chief executive of US technology company Twilio. Jeff Lawson was all set to secure investment in his new start-up Twilio when suddenly people thought the world might be collapsing. Back on Monday, 15 September 2008, Jeff and his two co-founders walked into a meeting with potential investors in Silicon Valley. Getting the funding was supposed to be “almost a formality”, remembers Jeff, who was 31 at the…

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‘Hidden city’ travel: why airlines are cracking down on a discount trick

A Lufthansa flight lands in Munich. The airline says a single case of ‘hidden city’ travel cost them more than €2,000. Photograph: Lukas Barth/EPA Airlines are cracking down on a ticketing loophole that can knock thousands of pounds off the cost of travel – but the fight back is only giving more publicity to the advantages of “hidden city” travel. At its most simplistic, hidden city ticketing is when a passenger purchases a ticket to less popular and thus cheaper destination that happens to be routed through a more popular, and thus…

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Estimated Samsung Galaxy F bill of materials shows why it will cost $1,800

Korean agency CGS-CIMB Research has posted a report in which it estimates the Bill of Materials (BOM) for the foldable Galaxy F and compares it to a Galaxy S9+ and an iPhone XS Max. The priciest item is the display – or should we say “displays”. The Galaxy F will have one large 7.3” panel that folds down the middle along with an external 4.58” display. There will reportedly be two batteries as well, though that doesn’t add much to the cost (total capacity is expected to be around 5,000-6,000mAh).…

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Family Finance: Why Joshis have enough time to build sufficient corpus for all financial goals

Early start to planning by Hyderabad-based Joshis will help them build sufficient corpus for all goals. Himanshu and Neha Joshi are IT professionals staying in Hyderabad with their four year-old child. They get a combined monthly salary of Rs 1.9 lakh and, after expenses and investment, are left with a surplus of Rs 10,108. They have already bought a house worth Rs 72 lakh, for which they are paying an EMI of Rs 45,000. They are also servicing a car loan of Rs 3.2 lakh with an EMI of Rs…

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Why business expectations are so tepid despite recovery in Indian economy

The government cannot let the recovery in the Indian economy take its own sweet time, not with the elections less than a year away. Photo: Mint The Nikkei India Composite PMI Output index, a gauge of private sector economic activity in both the manufacturing and services sectors, came in at a strong 54.2 for July, up from 52.6 in June. A reading above 50 denotes expansion, while one below 50 indicates contraction from the previous month. As Chart 1 shows, the composite PMI (Purchasing Managers’ Index) is at its highest level…

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Family finance: Why Pune-based Agarwals are on the right track to achieving their money goals

Sahil Agarwal, an IT consultant, stays with his homemaker wife and one-year-old child, in Pune. He stays on rent, even though he has his own house, which provides a rental income of Rs 12,000 a month. Combined with Agarwal’s monthly salary of Rs 91,000, his total income comes to Rs 1.03 lakh. The household expenses amount to Rs 57,000, insurance premium accounts for Rs 4,583, and Rs 25,000 is put into investments. This leaves Agarwal with a surplus of Rs 16,417. His portfolio comprises a house worth Rs 70 lakh, cash of…

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