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Tech Brew Ride Home

Thu. 12/06 - Huawai’s CFO Arrested and Stock Markets Quake

Tech Brew Ride Home

Amalgamated Internets, LLC

Technology, News, Tech News

4.71K Ratings

🗓️ 6 December 2018

⏱️ 19 minutes

🧾️ Download transcript

Summary

Huawai’s CFO arrested and stock markets quake, Google’s Allo joins the crowded Google Deadpool, Lyft files for an IPO and are Amazon’s robots finally rebelling?Sponsors:DatadogHQ.com/RideHomeMetalab.coLinks:Canada arrests Huawei’s global chief financial officer in Vancouver (The Globe and Mail)Microsoft is rebuilding its Edge browser on Chrome and bringing it to the Mac (The Verge)Google is shutting down Allo (The Verge)Ride-hail firm Lyft races to leave Uber behind in IPO chase (Reuters)These Confidential Charts Show Why Facebook Bought WhatsApp (Buzzfeed)Firefly Nets $21.5 Million Seed Round To Boost Ride-Hail Driver Revenues With On-Car Ads (Crunchbase News)Cuba to roll out mobile internet for the first time (CNBC)Robot Accidentally Hospitalises 24 Amazon Workers After It Sprays Them With Bear Repellent (Huffington Post) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Meme Ride Home for Thursday, December 6, 2018. I'm Brian McCullough today.

0:10.0

Huawei's CFO arrested and stock markets quake.

0:13.4

Google's aloe joins the crowded Google Deadpool.

0:17.4

Lift files for an IPO and are Amazon's robots finally rebelling?

0:23.4

Here's what you miss today in the world of tech.

0:29.3

Well, once again, tech has found itself

0:31.0

in the midst of the geopolitical and economic back and forth

0:34.2

between China and the US. Canada has arrested Huawei's chief financial officer

0:40.2

Meng Wangzo, who now faces extradition to the U.S. on a warrant from New York State,

0:46.6

which claims that she violated U.S. trade sanctions against Iran.

0:51.4

In case you've forgotten, Huawei is one of the giants of the Chinese tech industry, quoting

0:56.1

the globe and mail.

0:57.4

Huawei said in a statement to the globe that Ms. Meng faces, quote, unspecified charges in the Eastern District of New York

1:05.7

and that she was arrested when she was transferring flights in Canada.

1:09.5

The company has been provided with very little information regarding the charges and is not aware of any wrongdoing by Ms. Mang.

1:16.5

The company believes the Canadian and US legal systems will ultimately reach a just conclusion,

1:21.5

Huawei said, and added the company, quote, complies with all applicable

1:25.4

laws and regulations where it operates, including applicable export controls and sanction laws,

1:31.1

end quote.

1:32.1

Now here's the wrinkle, the CFO in question.

1:36.2

Meng Wang Cho is not only Huawei's CFO and deputy chair of Huawei's board, she is also the daughter of the company's founder, Wren Zhang Phi.

1:48.6

As Tom Garra tweeted, quote, Imagine an Apple exec who is also Tim Cook's daughter arrested in Singapore for extradition to China on charges of selling stuff to Taiwan, contrary to Chinese law."

...

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