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Huawei will not be beaten to death despite $30b hit: Ren Zhengfei

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Huawei ban: Winners, losers, and what’s at stake (a whole lot)
ZDNet’s Jason Cipriani and Jason Perlow talk with Karen Roby about how the security and trade brouhaha impacts everything from the future of regional carriers and the bottom lines of tech giants to 5G’s prospects and consumer’s pocketbooks. Read more: https://zd.net/2WzVRbq

After finishing with revenues over $100 billion — 721 billion yuan — for 2018, Huawei is expecting to drop $30 billion of revenue from its forecast due to the trade war with the United States.

“In the next two years, I think we will reduce our capacity, our revenue will be down by about $30 billion compared to forecasts,” Huawei founder Ren Zhengfei said in Shenzhen on Monday.

“Our sales revenue this year and next will be about $100 billion.”

Ren said over the next two years, the Chinese giant would look to switch out some of its technical foundations, which could hit US component makers, after which the company would become stronger.

“We are strong, I think there is no way we will be beaten to death,” he said.

Ren also confirmed that Huawei’s international smartphone shipments had dropped by 40%, but said Chinese growth is “very fast”.

On the recent sale of its subsea cable business, Ren said the decision was a not a swift one.

“We were quite successful in that business,” he said. “It’s not because we were attacked and the business went badly, and sold it.”

“We thought that’s not part of our core business that’s why we decided to sell it, and for the other businesses we will not have spin-off or sale — we might shrink our size.”

Ren claims historic IP thefts not possible

The Huawei founder brushed aside accusations of intellectual property theft by the company, saying the company has always behaved itself.

“Even if we were small, we have very strong business ethics and integrity, otherwise we cannot come to where we are today,” Ren said.

“The claims of Huawei theft of IPR, that’s not possible.”

Ren’s statement will likely draw raised eyebrows in Cisco headquarters, which sued the Chinese giant for infringing on its patents and copying its source code in 2003.

Almost a decade later, Cisco called Huawei out for stating the suit was unjustified, and challenged Huawei to release an expert report from the time of the incident.

“In fact, within a few months of filing suit, Cisco obtained a worldwide injunction against sale by Huawei of products, including our code for a Cisco-proprietary routing protocol called EIGRP, and Huawei publicly admitted that the code had been used in their products and they pledged to stop,” Cisco’s senior vice president, general counsel, and secretary Mark Chandler said at the time.

Huawei is currently facing charges in the US for allegedly stealing trade secrets from T-Mobile. The alleged activity occurred during 2012-13, and relates to Huawei’s attempts to build a robot similar to the one T-Mobile was using at the time to test mobile phones.

The US indictment related to the case alleges Huawei offered bonuses to employees for stealing information, before needing to clarifying for its US employees that such behaviour would be illegal.

“The charges unsealed today clearly allege that Huawei intentionally conspired to steal the intellectual property of an American company in an attempt to undermine the free and fair global marketplace,” FBI Director Christopher Wray said in January.

The Chinese giant has pleaded not guilty.

Speaking on Monday, Ren said although Huawei has a large number of patents, it has not been aggressive in seeking royalties from other companies.

“Over the past eight years, we were not aggressive seeking IPR royalties to companies that use our IPR, that’s because we were busy pursuing our business growth,” he said.

“We may try to get some money from those companies who use our IPR, but we will not be as aggressive as Qualcomm.”

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How To Earn Microsoft Reward Points While Playing Your Xbox Series X|S

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If you have an Xbox Series X or S, that means you already have a Microsoft account, and, presumably, you’ve linked the account to your console. If you haven’t, you’ll need to sign into the Microsoft account you want to use for earning rewards, so that when you play games and make purchases, the points go toward that particular email address. You can check out the points you’ve already earned, as well as various ways to earn more points, by heading over to the Microsoft Rewards user portal on the Bing website. You can also use the Microsoft Rewards app on Xbox.

If you want to grow your points by playing Xbox games, you’ll need to sign up for the Xbox Game Pass subscription, which provides customers with a large library of games they can play, as well as some other perks. Points are earned by completing quests in games that are available in the Game Pass library. Microsoft says you can view these quests in the Rewards app under the Xbox Games Pass section. If you haven’t yet downloaded the app, you can get a snapshot look at how the rewards process works on the Xbox Games Pass Quests web page.

According to Microsoft, it adds new quests to this section of the Rewards app on a daily basis. Keep in mind that you’ll need to manually head over to that part of the app when you finish a quest in order to redeem the points. Once those points have been applied to your account, however, you’ll be able to redeem them for rewards within the same app.

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The 1993 Aston Martin Concept Car Perfect For Any James Bond Villain

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Cream leather, chrome, white dials, and a thin-rimmed steering wheel tell the story of an Art Deco cabin modernized for the mid-1990s. The dashboard, pedals, and wheel featured extensive nickel plating, says David Dowsey, while the dashboard was made from a single piece of laminated beech wood.

According to a Discovery documentary about Lagonda — and in what must have felt thoroughly futuristic at the time — the concept featured an integrated satellite navigation system and built-in laptop computers for rear passengers (or Bond villains) to work on. A final flourish saw the car’s steering wheel move out of the way when the driver’s door was opened.

Although it would surely have been toned down for a production version, the concept’s retro interior details are reminiscent of the Jaguar S-Type that arrived in 1999. At the time, both Jaguar and Aston Martin (as well as Land Rover, Lincoln, and Volvo) were part of the Ford-owned Premier Automotive Group.

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Netflix And GM Have Teamed-Up For A New Super Bowl 2023 Ad Featuring Will Ferrell

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According to a press release from General Motors, the auto giant teamed up with Netflix during past championship games to show off its then-brand-new Ultium EV platform. This year, the ads feature former “Saturday Night Live” and “Talladega Nights: The Ballad of Ricky Bobby” star Will Ferrell driving around a new GMC Sierra EV in the Netflix original “Army of the Dead.” An ad also features Will Ferrell in the back of a Chevy Blazer EV in the “Squid Game” universe.

Netflix says that it’s already committed to putting as many EVs in its original programming as it can. As such, a Chevy Bolt will be present in an upcoming season of “Love is Blind,” a Bolt EUV will appear in “The Brothers Sun,” a GMC Hummer will star in “Queer Eye,” and Rob Lowe will drive around a Cadillac Lyriq in “Unstable.” 

Blatant product placement can be hit or miss, especially when it comes to a huge financial decision like a car. However, stuffing shows full of EVs with the help of GM is certainly one way to get people talking about electric cars.

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