U.S. in talks with Huawei CFO on deal to resolve criminal charges: WSJ

Huawei Technologies Chief Financial Officer Meng Wanzhou leaves her home to attend a court hearing in Vancouver, British Columbia, Canada November 16, 2020.

Jennifer Gaulthier | Reuters

GUANGZHOU, China — The U.S. government is in talks with Huawei’s chief finance officer, Meng Wanzhou, about a deal that could see her released back to China from Canada if she admits wrongdoing in the case against her, the Wall Street Journal reported, citing people familiar with the matter.

Lawyers for Meng have spoken to officials at the U.S. Department of Justice in recent weeks about entering a so-called deferred prosecution agreement, the WSJ said. More discussions are scheduled for this week with the aim of striking a deal before the end of the Trump administration, the report added.

The Department of Justice was not immediately available for comment when contacted by CNBC. Huawei declined to comment on the WSJ report.

Meng was 

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Amazon In Talks To Buy Podcast Publisher Wondery: Report

Internet giant Amazon is in talks to buy podcast publisher Wondery, which serves up hit audio shows “Dr. Death” and “Serial,” the Wall Street Journal reported on Wednesday.

West Hollywood-based Wondery boasts being the world’s largest independent podcast publisher, and has reportedly also explored the potential for acquisition with Apple and Sony Music Entertainment.

Industry tracker Podtrac ranked Wondery as being the fourth most listened to podcast publisher in the US in November, with slightly more than 9 million people tuning in to audio programs it hosts.

Podcasts have boomed in popularity, with people tuning in to hear compelling real or scripted stories as well as interviews.

Launched in 2016, Wondery has won audiences for shows such as Dr. Death, Dirty John, Business Wars, The Shrink Next Door, and Gladiator.

Wondery is seeking $300 million or more from a suitor, according to US media reports.

Amazon is reportedly interested in acquiring the podcasting group Wondery to expand its streaming media portfolio Amazon is reportedly interested in

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Amazon’s Andy Jassy talks up AWS Outposts, Wavelength as the right edge for hybrid cloud

At the end of a three-hour keynote address for Amazon’s annual re:Invent conference, which is taking place virtually this year, Amazon Web Services chief executive Andy Jassy wrapped up with an extended discussion about edge computing and its role in hybrid computing.

“Hybrid is not just about whether its on-premise or in the cloud,” said Jassy. Instead, IT needs “the same APIs, the same control plane, the same tools, the same hardware they get in AWS regions,” said Jassy. He was referring to Amazon’s AWS Outposts, a rack of equipment deployed at a customer facility that is a fully-managed service from Amazon. 

Jassy said Amazon has made the Outposts offering easier to purchase now with new form factors, 1U and 2U rack units, versus an entire rack-size deployment.

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“Hybrid is not just about whether its on-premise or in the cloud,” said AWS lead executive Andy Jassy in his keynote Tuesday,

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GlobalWafers in Talks for $4.5 Billion Siltronic Deal

(Bloomberg) — Siltronic AG, a German manufacturer of silicon wafers, said it’s in advanced talks to be acquired by Taiwan’s GlobalWafers Co. for 3.75 billion euros ($4.5 billion), adding to a record year for deals in the global semiconductor industry.



A silicon wafer made by Taiwan Semiconductor Manufacturing Co. (TSMC) is arranged for a photograph at the company's headquarters in Hsinchu, Taiwan.


© Photographer: Maurice Tsai/Bloomberg
A silicon wafer made by Taiwan Semiconductor Manufacturing Co. (TSMC) is arranged for a photograph at the company’s headquarters in Hsinchu, Taiwan.

Siltronic expects GlobalWafers to make an offer at 125 euros a share, a 10% premium from Friday’s close and a price that the executive board considers “attractive and appropriate.” Siltronic’s largest shareholder Wacker Chemie AG, which has a 30.8% stake, is prepared to sell at the same price, according to a statement.

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“The merger would create a leading player in the wafer industry,” Siltronic said in the statement, adding the deal would prohibit job losses in Germany until the end of 2024.

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GlobalWafers in Talks to Buy Siltronic for $4.5 Billion

(Bloomberg) — Siltronic AG, a German manufacturer of silicon wafers, said it’s in advanced talks to be acquired by Taiwan’s GlobalWafers Co. for 3.75 billion euros ($4.5 billion), adding to a record year for deals in the global semiconductor industry.



A silicon wafer made by Taiwan Semiconductor Manufacturing Co. (TSMC) is arranged for a photograph at the company's headquarters in Hsinchu, Taiwan.


© Photographer: Maurice Tsai/Bloomberg
A silicon wafer made by Taiwan Semiconductor Manufacturing Co. (TSMC) is arranged for a photograph at the company’s headquarters in Hsinchu, Taiwan.

Siltronic expects GlobalWafers to make an offer at 125 euros a share, a 10% premium from Friday’s close and a price that the executive board considers “attractive and appropriate.” Siltronic’s largest shareholder Wacker Chemie AG, which has a 30.8% stake, is prepared to sell at the same price, according to a statement.

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“The merger would create a leading player in the wafer industry,” Siltronic said in the statement, adding the deal would prohibit job losses in Germany until the end of 2024.

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Ex-Google CEO Eric Schmidt Talks Talks Tech, Young Leaders

(Miss this week’s The Leadership Brief? This interview below was delivered to the inbox of Leadership Brief subscribers on Sunday morning, Nov. 29. To receive weekly emails of conversations with the world’s top CEOs and business decisionmakers, click here.)

Eric Schmidt wants to see new leaders running the world, fast. “The sooner we can get the next generation in charge, given all the errors we have made, the better,” says Schmidt, the former CEO of Google. “They are generally smarter, more optimistic, they have more energy. There’s a lot of reasons to turn this thing over to them.”

But just not any kids. Schmidt is a firm believer in the power of exceptionalism. On Nov. 16 Schmidt Futures, the organization that he founded in 2017 with his wife Wendy to empower “talent who want to work on the hardest problems,” unveiled Rise, a new partnership with the Rhodes Trust to

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Tatiana Bilbao to feature among panellists exploring Latin American architecture for Dezeen x Miami Design Talks

The final instalment of Dezeen x Miami Design Talks will be a panel discussion about the relationship between the city of Miami and Latin American architecture. Watch here from 3pm London time.



a large tall tower with a clock on the side of a building: Dezeen x Miami Design Talks


© Provided by Dezeen
Dezeen x Miami Design Talks

Moderated by Dezeen’s founder and editor-in-chief Marcus Fairs, the panel will comprise Mexican architect Tatiana Bilbao, Venezuelan-born architect Carlos Zapata and Ecuadorian architectural developer Joseph Schwarzkopf.

Miami has often been referred to in the media as “the capital of Latin America”. This live conversation will explore the influences that the city has on Latin American architecture and vice versa.



a person posing for the camera: Tatiana Bilbao


© Provided by Dezeen
Tatiana Bilbao

Bilbao is the director of architecture practice Tatiana Bilbao Estudio, which she set up in 2009. Her work is characterised by a sensitive approach to design that integrates social values and embraces collaboration.

For example, in 2019, Bilbao teamed up with 32 architects and

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Dezeen x Miami Design Talks launches with live interview featuring Craig Robins

Miami Design District founder and CEO Craig Robins will speak to Dezeen about developing creative communities in an exclusive live interview to kick off our Dezeen x Miami Design Talks collaboration. Watch here from 3pm GMT.



an aerial view of a city: Miami Design District Moore Building


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Miami Design District Moore Building

Hosted by Dezeen’s editor-in-chief Marcus Fairs, the interview is the first instalment in a series of conversations broadcast on Dezeen as part of Design Miami 2020.

Due to the coronavirus pandemic, this year’s Design Miami festival will feature a programme of digital events taking place alongside physical exhibitions and activities located within Miami Design District.



an aerial view of a city: The Moore Building in Miami Design District


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The Moore Building in Miami Design District

In 2000, Robins and his partner L Catterton began acquiring buildings in the then-neglected neighbourhood. The Miami Design District has since been developed into a shopping destination and hub for architecture and the arts.

In 2005, Design Miami launched

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Xbox lead Phil Spencer talks xCloud in Safari, App Store fees

Phil Spencer is the lead of Xbox at Microsoft, and in a wide-ranging interview, he discusses bringing xCloud to mobile Safari and how Apple’s App Store and the Xbox game store differs.

Apple has made things difficult for businesses to bring streaming services to the Xbox with a range of rules preventing the apps from existing on iOS. If a company wants a streaming service to exist, they must submit each game to the App Store as a separate entity rather than having a single app launcher.

Companies like Nvidia with GeForce Now and Google with Stadia have opted to bring their game streaming services to mobile Safari. Doing so lets the companies avoid Apple’s rules as well as the App Store fees associated with it. Microsoft will soon follow suite.

Going with browser support rather than specific App Store support will give Microsoft access to more devices. “We have

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Salesforce in talks to buy Slack in huge cloud software deal

Cloud software company Salesforce is in talks to buy Slack, the work messaging app, in what would be one of the biggest software transactions to date, according to people familiar with the matter. 

An announcement could be made early next week, one person close to the deal said.

Marc Benioff, the founder and chief executive of Salesforce, has been on a hunt for acquisitions for some time and has been looking at several targets, according to another person briefed on the matter.

Shares in Slack were up 22 per cent after The Wall Street Journal first reported that the two companies had discussed a deal, sending the company’s market value above $20bn. Salesforce stock dropped about 3 per cent on the news. 

Salesforce has been among the big winners of the coronavirus pandemic due to a surge in cloud software spending. By contrast, Slack — an app used by workers

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