Huawei CEO Ren Zhengfei laid out plans to bring more efficiencies to the organization. This included simplifying the reporting structure, cutting down on surplus staff, axing...Technologyread more
The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months.China Economyread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
"I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one...Central Banksread more
Chinese overseas investment growth will likely slow or even decline in the next few years as risks around the world increase, according to new research by Moody's Investors...China Economyread more
The two countries want to smash the civil aerospace duopoly enjoyed by Airbus and Boeing.Aerospace & Defenseread more
Alibaba held a board meeting before its latest quarterly earnings release last week, during which the board decided to postpone the Hong Kong listing, Reuters reported.Technologyread more
Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the...Asia Marketsread more
U.S. and Asian investors poured $3.7 billion into U.K. tech start-ups in the first seven months of 2019, research shows.Technologyread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
Facebook CEO Mark Zuckerberg criticized the Trump administration on Tuesday for its policy of separating migrant children from their parents at the U.S. border with Mexico.
"Organizations like Texas Civil Rights Project and RAICES are doing great work helping families at the US border get legal advice and translation services, as well as documenting what is happening on the ground to make sure these stories are shared. I've donated to them and I encourage you to as well. We need to stop this policy right now, " he wrote in a Facebook post, calling for donations to the Texas Civil Rights Project.
The Department of Health and Human Services has 11,785 minors in its care, NBC News reported Monday, citing a department official. The number of migrant children in HHS custody has climbed as a result of the administration's "zero tolerance" policy on illegal border crossing.
President Donald Trump has publicly defended the controversial policy.
Zuckerberg's post raised more than $6,000 in the first 20 minutes. Previously he and Facebook COO Sheryl Sandberg donated to a campaign to raise money for Texas-based RAICES, which provides immigration-related legal services. That original campaign, started by former Facebook employees Charlotte and Dave Willmer, has raised close to $5 million in about four days.
"It's heartbreaking to see the images and hear the sounds of the kids," Cook told the newspaper. "Kids are the most vulnerable people in any society. I think that what's happening is inhumane, it needs to stop."
Speaking in Dublin on Tuesday, Cook criticized the policy and said Apple will be a "constructive voice" in the situation.
"I'm personally a big believer in the way to be a good citizen is to participate, is to try to advocate your point of view, not to just sit on the sideline and yell or complain," Cook told The Irish Times.
"That will be the approach we will take here. This one in particular is just heartbreaking and tragic."
Cook's comments followed those from technology giant Microsoft, which weighed in on the policy Monday, amid scrutiny over its own work with U.S. Immigration and Customs Enforcement.
In a statement, Microsoft said it was "dismayed" by the forcible separation of children from their families.
"We urge the administration to change its policy and Congress to pass legislation ensuring children are no longer separated from their families," the statement said.
Cisco CEO Chuck Robbins released a statement on Tuesday, calling the policy "contrary to American values" and urged the administration to put an end to it. The statement came on behalf of Business Roundtable, a group of CEOs of major U.S. corporations that promote pro-business public policy.
Several other executives have aired their grievances about the Trump administration's "zero tolerance" immigration policy on social media.
Dropbox CEO Drew Houston in a tweet on Wednesday condemned the "heartbreaking and cruel" policy of separating migrant children from their parents.
"We're a nation of immigrants," Houston wrote on Twitter. "Tearing families apart at the US border is heartbreaking and cruel."
Houston also announced Dropbox would match employee contributions to Kids in Need of Defense and other organizations that help migrant families and fight for human rights.
In honor of , I'm making a personal donation and @Dropbox is matching employee contributions to orgs like that fight for families & human rights. (2/2)
Google GEO Sundar Pichai urged the government to find "a better, more humane way" to address immigration issues in a tweet on Tuesday.
Pichai has been an outspoken critic of President Trump's policies on immigration, from the travel ban and the fate of the Dreamers, to the visa system U.S. companies use for hiring. He even set up a $4 million crisis fund for immigration causes through Google in 2017.
Jeremy Stoppelman, CEO of Yelp, chimed in on Twitter. He invited others in the tech industry to join him at one of the nationwide marches to protest the Trump administration's policy of separating migrant children from their parents.
Uber CEO Dara Khosrowshahi, an Iranian immigrant himself, called the Trump administration's policy "just plain wrong" in a tweet on Tuesday.
"Do everything it takes to #KeepFamiliesTogether," he wrote on the Twitter.
The hashtag was trending mid-afternoon on Tuesday.
Box CEO Aaron Levie similarly called separating families "inhumane" and "un-American" in a Monday tweet.
YouTube CEO Susan Wojcicki said "it's heart-breaking to see what's happening to families at the border."
This isn't the first time big tech companies have spoken out against the president's immigration policies.
Last year, tech executives expressed concerns over an executive order to restrict migration from several Muslim-majority countries. Industry leaders, including Cook, Tesla's Elon Musk and Zuckerberg, as well as executives from Microsoft, Google and Netflix, were among those condemning the order, saying it could directly impact their own staffers.