US lawmakers applaud India's decision to not allow Chinese companies to conduct 5G trials

The Department of Telecom in India on Tuesday had approved applications of telecom companies Reliance Jio, Bharti Airtel, Vodafone Idea and MTNL to conduct 5G trials but none of them would be using technologies of Chinese entities. https://ift.tt/3uqQh8V

PayPal profit soars on digital payments boom

PayPal processed a total of $285 billion in payments in the first quarter, up 50% from a year earlier, and added 14.5 million net new active customers. https://ift.tt/3o3bELn

Bitcoin rises 6.8 % to $56,852.03

https://ift.tt/33hkQSL

China's Tencent in talks with US to keep gaming investments: Sources

Tencent has been in talks with the Committee on Foreign Investment in the United States (CFIUS), which has the authority to order the Chinese technology giant to divest U.S. holdings, since the second half of last year, the sources said. https://ift.tt/3vCrxuG

Uber sees driver cost rising as US economy recovers

Uber Technologies Inc signaled it would pay drivers more to get cars back on the road as the U.S. economy recovers from the pandemic and disclosed a $600 million charge to provide UK drivers with benefits, a sign of the potential costs if the United States requires more driver compensation. https://ift.tt/3es2dC1

5G Trials: US Lawmakers Applaud India's Move to Not Allow Chinese Companies

Top US lawmakers have applauded India's decision to not allow Chinese telecom companies to conduct 5G trials in the country. https://ift.tt/3vGMULp