Trump Vows to Win 5G Race

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In the race to beat China in the fifth generation of wireless technology, known as 5G, U.S. President Donald Trump is announcing the largest-ever auction of radio frequencies and a $20 billion fund to build a rural fiber-optics backbone. "We cannot allow any other country…


Uber Reports 91 Million Users but Slowing Growth

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Uber Technologies Inc. has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said Thursday in its initial public offering filing.  The document gave the first comprehensive financial picture of the company, which was started in 2009 after its founders struggled…


China: BRI Investments Boost Pakistan Economic Structure

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China and Pakistan say their ongoing multibillion-dollar infrastructure development cooperation program under Beijing’s global Belt and Road Initiative (BRI) has entered the next stage after achieving initial targets, dismissing reports the project increased Islamabad’s debt burden rather than boosting economic growth.  Officials in the neighboring…