Verizon launching 5G in Los AngelesVerizon's Board of Directors has chosen Hans Vestberg , Verizon's president of Global Networks and CTO, to serve as the new CEO starting August 1, the company announced Friday. Under McAdam, Verizon took over the stake in the important wireless unit from Britain's Vodafone and built a customer base of more than 150 million.
ZTE has reportedly reached an agreement in principle with the Trump administration to lift the Department of Commerce's ban on American companies selling equipment to the Chinese telecommunications giant. components manufacturers from selling to Chinese telecom and handset giant, ZTE (HKG:0763). Amid mounting trade tension between the United States and China, lawmakers have grown increasingly critical of the national security threat from telecom companies such as ZTE and Huawei.
Saudi Arabia and Russian Federation were already discussing raising OPEC and non-OPEC oil output by roughly 1 MMBPD, sources familiar with the matter said in early May. Oil prices were stable on Friday, supported by Venezuela's struggles to meet its supply obligations and by ongoing output cuts led by producer cartel OPEC, although surging United States crude output was looming over markets.
David Prah argued that Kwesi Nyantakyi could not have mentioned the former President's name in his statement to the CID if he ( Kwesi Nyantakyi ) did not know what he was talking about. A press release from FIFA, yesterday, announced Nyantakyi's ban from all football-related activities at both national and worldwide levels, leaving him with no option than to resign.
JPMorgan Chase CEO Jamie Dimon and billionaire investor Warren Buffett are calling on CEOs to move away from issuing quarterly profit "guidance" to Wall Street analysts, arguing that the financial markets' focus on short-term results harms the economy.
Pichai said the company will "continue our work with governments and the military in many other areas". Google pledged not to use its powerful artificial intelligence for weapons, illegal surveillance and technologies that cause "overall harm".