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TECH

Intel aims to push beyond phones with 5G infrastructure deals

Intel Corp on Feb 25 announced new chips and partnerships that it hopes will persuade its investors that the billions of dollars in research and development that it has poured into 5G networking technology will pay off.

Business

Vietnam Airlines mulls buying up to 100 Boeing 737 Max jets

HANOI: Vietnam Airlines is considering an order of 50 to 100 Boeing Co. 737 Max planes this year to replace its aging fleet of Airbus SE single-aisle aircraft and may also buy long-range jets in preparation for flights to California.

TECH

Microsoft workers demand it drop US$480mil US Army contract

Some Microsoft Corp employees on Friday demanded that the company cancel a US$480mil hardware contract to supply the US Army, with 94 workers signing a petition calling on the company to stop developing "any and all weapons technologies".

Business

Ping An plans IPO of Fintech unit at US$8b value

HONG KONG: Ping An Insurance (Group) Co., China’s largest insurer by market value, is gearing up for an initial public offering of its OneConnect unit that could value the financial management portal at about $8 billion, according to people familiar with the matter.

Markets

KLCI slips on slight consolidation

KUALA LUMPUR: The local market saw slight consolidation following Thursday's steep advance although positive developments on global trade helped to pare losses.

TECH

HMD Global launches Nokia 9 PureView smartphone with five-camera array

HMD Global, the Finnish company that owns the rights to use the Nokia brand for mobile phones, has launched a smartphone with an array of five camera lenses on the rear – two 12 megapixel colour sensors and three 12 megapixel monochrome sensors – designed to appeal to camera enthusiasts.

TECH

Huawei breaks price ceiling with US$2,600 folding 5G smartphone

Huawei Technologies unveiled a US$2,600 folding smartphone on Feb 24 which it said was primed for next generation 5G mobile connections, even as the United States campaigns to bar the Chinese company from such networks over security concerns.

Nation

Report: Syed Mokhtar's Kelana Ventures admits it is involved in Mindef land swap deal

PETALING JAYA: A company owned by billionaire Tan Sri Syed Mokhtar Albukhary has admitted to being the private party in a land swap deal with the Defence Ministry (Mindef), reports The Edge.

TECH

Swedish grocer braces for radical change in online food shopping

Sweden’s largest food retailer ICA is preparing for its largest transformation yet to cater to a growing number of customers who want to shop for groceries online and have them delivered home.

TECH

NYC official who led Amazon bargaining rues what might have been

Amazon.com Inc was chased out of New York by politicians and media coverage that inaccurately described the government incentives underlying the deal, according to a city official who played a key role in forging the agreement that fell apart last week.