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Chinese telecommunications equipment vendor Huawei technologies has again managed to record an annual profit despite the US sanctions it faces, with the company announcing a 64.6 billion yuan (A$12.98 billion) profit for 2020, an increase of 3.2% year-on-year. Revenue was 891.4 billion yuan, an increase of 3.8% on the previous year.

The Indian competition watchdog, the Competition Commission of India, has asked its director-general to investigate whether Google is indulging in anti-competitive practices through its pay service, Google Pay.

Published in Technology Regulation

With the US administration changing next year, it is very likely that Google will be able to get a waiver on selling the proprietary version of its Android operating system to Chinese telecommunications vendor Huawei Technologies, something it has been unable to do ever since the Trump administration put in place sanctions on the Chinese firm.

Published in Open Sauce
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