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Google Restricts Huawei’s Access to Android After Trump Order

ImageA Huawei store in Beijing. The Chinese company’s products have effectively been blocked in the United States, but its business has grown rapidly in Africa, Asia and Europe.CreditCreditLam Yik Fei for The New York TimesLONDON — The Chinese technology giant Huawei on Monday began to feel the painful ripple effects of a Trump administration order…

China’s Luckin Coffee raises up to $651M in upsized US IPO

Another week, another cash-burning tech IPO in the U.S. Following on from Uber’s high-profile listing, ambitious Chinese startup Luckin Coffee has raised up to $650.8 million on the Nasdaq after it priced its shares at $17. Despite concern at its high losses and little chance of near-term profitability, Luckin seems to have been greeted positively…

Losing Google support would ruin Huawei’s global smartphone business

It took less than two days after the announcement of President Trump’s executive order to increase scrutiny of business dealings between foreign and U.S. technology companies for the first major shoe to drop: Huawei is expected to fully lose access to Google apps and services, as well as future Google-approved Android updates. And unlike previous…