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Huawei executive arrested in Canada, faces charges in US

Exec is daughter of Huawei founder

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After much ado on the US front, Huawei’s multi-chapter drama finally reached foreign soil. Recently, more countries are contemplating a ban on the company’s hardware. Despite celebrating a multitude of new launches, Huawei’s distribution is facing a potential crisis.

With all the hullaballoo, one can forget how this all started. About a year ago, the company was caught illegally trading with Iran. The United States government quickly lambasted them for breaking the law. Over the past year, the initial controversy morphed into distrust over China’s government. Now, it’s come full circle.

Last week, Canadian authorities have arrested Huawei’s chief financial officer, Wanzhou Meng. The Huawei official was in the country only briefly, switching flights at an airport in Vancouver. During this brief time, US officials requested Canada for Meng’s arrest.

According to The Globe and Mail, Meng was arrested for evading the States’ current embargo against Iran. Huawei’s past comes back to bite the company. Meng is expected to be extradited in New York where she will face the US judiciary system.

Of note, Meng is the daughter of Huawei’s founder, Ren Zhengfei. In turn, Zhengfei is a known member of the Communist Party.

The arrest comes at a very interesting time. Currently, Huawei is in the middle of a global expansion in preparation for the rise of 5G networks. Going against this, other countries are vehemently preventing China from taking over the next generation of networking.

Further, President Trump was recently considering increased tariffs for Chinese products. Sinophobia is at an all-time high.

In response, Huawei has asked to limit the arrest’s public details. Likewise, the Chinese embassy in Canada has asked for Meng’s release, saying that she didn’t break any Canadian or US laws. Canada’s steadfast actions, however, clearly places the country behind the US in the feud.

SEE ALSO: Huawei Mate 20 Pro: When beauty meets technology

Enterprise

UK Prime Minister caught using a Huawei P20

After issuing warning about the company

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Image source: ITV

Whenever you lobby against a certain thing, you’d better not get caught using that same thing. Surprisingly (or not), UK Prime Minister Boris Johnson did not receive that memo. On live television, the leader of the increasingly Huawei-phobic country used a Huawei P20 to take a selfie with the show’s interviewers.

On ITV’s This Morning, the Prime Minister engaged in an interview about his governmental policies. After the interview, he whipped out last year’s popular flagship from Huawei, inviting the hosts for a selfie.

Ironically, Johnson issued a statement, exercising caution over Huawei’s entry into UK’s 5G market. Currently, the country is deliberating business with the Chinese tech company. Unlike the US, the UK is still on the fence about a China-sponsored deal.

However, the Prime Minister recently brought a warier approach to a future deal, focusing on national security over corporate interests. Still, Johnson remains open to foreign investments, decrying unnecessary biases against international help.

If anything, Huawei is assuring other countries that its technology will not interfere with their respective national securities. On the other side, the company’s primary rival, the US, is asking other countries to reconsider trade deals with Huawei, citing the cybersecurity risk in allowing the company to take over a country’s telecommunications.

Regardless of the UK’s decision, Johnson’s P20 comes at an interesting time. To make matters a bit more muddled, Johnson’s representative alleges that the phone came from a staffer, rather than the Prime Minister’s own pocket. Is the UK for or against Huawei? Only time will tell.

SEE ALSO: Huawei Freebuds 3 review: Best value wireless earbuds

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Enterprise

Google’s founders step down from parent company

Sundar Pichai will take over as Alphabet CEO

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Today’s world is dominated by personalities. Facebook is already completely synonymous with Mark Zuckerberg. Apple is already completely synonymous with Tim Cook. Unsurprisingly, technology’s biggest leaders are dominating the discussion surrounding their respective companies. However, amidst today’s cults of personalities, one big company is keeping it relatively lowkey: Google.

Even since the company’s inception, Google’s founders Larry Page and Sergey Brin have traditionally shied away from the limelight, letting the products speak for themselves. In fact, in 2015, the founders stepped down from their leadership roles at Google, surrendering the reins to incumbent CEO Sundar Pichai. Meanwhile, Page and Brin restructured (and headed) the entire corporation under a larger parent company, Alphabet. Still, despite the restructuring, the duo kept to their shadows.

Now, Page and Brin are taking an even larger step back. In a sudden farewell letter issued today, the duo is stepping down from Alphabet’s top seats. Once again, Pichai will take over as CEO of both Alphabet and Google.

“And Alphabet and Google no longer need two CEOs and a President. Going forward, Sundar will be the CEO of both Google and Alphabet,” the letter said. However, the duo will still “remain actively involved as Board members, shareholders and co-founders.”

On the other side of the board, Pichai is taking a confident approach to the new leadership role. “I will continue to be very focused on Google and the deep work we’re doing to push the boundaries of computing and build a more helpful Google for everyone,” Pichai said.

Pichai’s promotion comes at an interesting time. For one, Google is currently under negotiations with Huawei to resurrect the latter’s Android-powered products. Who knows where Alphabet and Google will go from here?

SEE ALSO: Google Pixel 3 saved a man from a bullet

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ING Bank has a new way to entice you to save

By offering rebates

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ING is being aggressive with its efforts to shakeup digital banking in the Philippines. After providing an all-digital way to create a savings account and offering aggressive interest rate, the bank is now offering rebates on transfer fees.

While the emphasis these holiday season is to spend, ING is encourage Filipinos to save by offering a fixed PhP 100 rebate for every successful electronic bank transfer, for up to two transactions per month.

The promo begins right now and will last until January 31, 2020. So if you’re wondering where you should put your hard-earned bonus, think about saving instead of spending. This promo will work alongside the 4 percent per annum interest rate.

ING first entered the Philippines in November 2018. In 2019, they launched an aggressive campaign to get more Filipinos to save by offering an alternative to your usual banks — one that’s purely digital with sign up possible all on the app. Best of all, there’s zero maintaining balance.

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