12ft.io

EU considers mandatory ban on using Huawei and several other suppliers to build 5G over security concerns (12ft.io)

In 2020, the EU members resisted pressure back then from the US for an outright ban on Chinese telcos and agreed instead on the implementation of a 'toolbox' of security measures. It enabled member states to either restrict or exclude high-risk 5G vendors such as Huawei from core parts of their telecoms network. By now, however,...

Apple Customers Say It’s Hard to Get Money Out of Goldman Sachs Savings Accounts (12ft.io)

Apple’s savings account, a partnership with Goldman Sachs, launched in April to great fanfare. Some customers say it has been hard to get their money out. Customer service representatives at Goldman, which holds the deposits, sometimes gave differing responses about what to do, they said. Sometimes, custumers' money appeared...

China bankers told to shun flashy clothes, 5-star hotels in austerity drive (12ft.io)

"From cutting salaries and bonuses and asking staff not to wear expensive clothes and watches at work, to reining in travel and entertainment expenses, Chinese financial firms have jumped on an austerity drive as Beijing pushes to bridge the wealth gap....

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