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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Get a cheap gaming laptop or PC deal today at Best Buy in new flash sale

Yup, the intense sales weekend might be over, but that hasn’t stopped the gaming offers coming in and you can still bag a gaming laptop deal or cheap gaming PC this very day! With Best Buy offering some flash sales on a host of electronics, we’ve picked out some gaming machines that are heavily discounted today. Be quick though. These deals are only on for 12 hours: they will start at 10am PT/1pm ET and will end at 10pm PT/ 1am ET (tomorrow).



a laptop computer: Best gaming laptops: MSI GS65 Stealth


© Provided by GamesRadar
Best gaming laptops: MSI GS65 Stealth

The headline deal here is a cheap gaming laptop deal that bags you one of Acer’s brilliant budget Nitro machines. The Nitro 5 laptop range has long been seen as a great entry point into gaming laptops and PC gaming, offering considered builds that might not blow your socks off but that will perform and won’t cost

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Get a cheap gaming laptop or PC deal today at Best Buy in their latest flash sale

Yup, the intense sales weekend might be over, but that hasn’t stopped the gaming offers coming in and you can still bag a gaming laptop deal or cheap gaming PC this very day! With Best Buy offering some flash sales on a host of electronics, we’ve picked out some gaming machines that are heavily discounted today. Be quick though. These deals are only on for 12 hours: they will start at 10am PT/1pm ET and will end at 10pm PT/ 1am ET (tomorrow).



a laptop computer: Best gaming laptops: MSI GS65 Stealth


© Provided by GamesRadar
Best gaming laptops: MSI GS65 Stealth

The headline deal here is a cheap gaming laptop deal that bags you one of Acer’s brilliant budget Nitro machines. The Nitro 5 laptop range has long been seen as a great entry point into gaming laptops and PC gaming, offering considered builds that might not blow your socks off but that will perform and won’t cost

Read More

Xiaomi Shares Slide 7.1% After Finalising $3.9 Billion in Equity Deal | Technology News

HONG KONG (Reuters) – Chinese smartphone maker Xiaomi Corp’s shares fell 7.1% in Hong Kong trading on Wednesday as the company finalised a $3.91 billion capital raising that included the city’s largest top up placement.

The company said 1 billion shares were sold at HK$23.70 each as part of the top up deal that was carried out overnight. The final price was a 9.4% discount to Xiaomi’s closing price of HK$26.15 on Tuesday.

Trading of Xiaomi’s stock was halted during the morning session before the company released details of the capital raise during Hong Kong’s lunch break, when trading is stopped for an hour.

It had been expected that details of the deal would be announced before the start of the trading day in line with normal market practices.

Xiaomi did not immediately respond to a Reuters request for comment on why the deal was not announced until lunchtime.

When

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Salesforce’s $27.7B Slack deal combines two Amazon allies, creates big new rival for Microsoft

Salesforce CEO Marc Benioff calls it a “match made in heaven.” (GeekWire Illustration / Photo by Kevin Lisota)

Salesforce confirmed its plan to acquire Slack and revealed the purchase price, $27.7 billion in cash and stock, perhaps not coincidentally topping Microsoft’s $26.2 billion LinkedIn acquisition in the rankings of the largest tech deals of all time.

If the deal works out as Marc Benioff and Stewart Butterfield hope, it won’t be the last time the two San Francisco companies best the Redmond tech giant.

Salesforce and Slack “will shape the future of enterprise software,” said Benioff, the Salesforce CEO, in a statement announcing the deal.

“The opportunity we see together is massive,” added Butterfield, the Slack CEO.

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UPDATE 4-Chinese smartphone maker Xiaomi raises $3.9 bln in equity deal – term sheet

* Deal is largest of its kind in Hong Kong to date

* Indicative price set at HK$23.70, lower end of range

* Convertible bond deal to raise $855 mln (Adds deal detail)

HONG KONG, Dec 2 (Reuters) – Chinese smartphone maker Xiaomi Corp has raised $3.91 billion as part of a deal that includes Hong Kong’s largest top-up placement, according to a term sheet seen by Reuters.

Potential investors have been told the price should be HK$23.70 for the 1 billion shares that are being sold down in the deal, the term sheet showed.

The price is at the lower end of the range flagged by the company on Tuesday when it said the deal would be between HK$23.70 and HK$24.50.

At HK$23.70, the placement would raise $3.06 billion.

A convertible bond deal to raise $855 million was also finalised Wednesday, according to the term sheet, to take Xiaomi’s

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Chinese smartphone maker Xiaomi raises $3.9 billion in equity deal – term sheet

HONG KONG (Reuters) – Chinese smartphone maker Xiaomi Corp has raised $3.91 billion as part of a deal that includes Hong Kong’s largest top-up placement, according to a term sheet seen by Reuters.

FILE PHOTO: People are silhouetted in front of Xiaomi’s logo at a venue in Beijing, May 10, 2016. REUTERS/Kim Kyung-Hoon/File Photo

Potential investors have been told the price should be HK$23.70 for the 1 billion shares that are being sold down in the deal, the term sheet showed.

The price is at the lower end of the range flagged by the company on Tuesday when it said the deal would be between HK$23.70 and HK$24.50.

At HK$23.70, the placement would raise $3.06 billion.

A convertible bond deal to raise $855 million was also finalised Wednesday, according to the term sheet, to take Xiaomi’s total raising to $3.91 billion.

Xiaomi’s deal is the largest top-up placement in Hong

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Salesforce’s Earnings and the Slack Deal: 7 Important Things That Were Shared

Salesforce.com (CRM) not only announced its quarterly results and guidance after the bell, a CFO change, its outlook for its next fiscal year and its much-rumored deal to acquire Slack (WORK) .

Here’s a run-down of important things announced by Salesforce and Slack on a very eventful Tuesday afternoon for the companies.

1. Salesforce’s Results and Guidance

Salesforce reported October quarter (fiscal third quarter) revenue of $5.42 billion (up 20% annually) and — excluding an $0.86 accounting gain largely related to Salesforce’s stake in Snowflake (SNOW)  — non-GAAP EPS of $0.88. Those numbers respectively topped FactSet consensus estimates of $5.25 billion and $0.75.

The cloud CRM software giant guided for January quarter revenue of $5.665 billion to $5.675 billion (up 17% annually) and non-GAAP EPS of $0.73 to $0.74. Revenue guidance is above a $5.51 billion consensus, while EPS guidance is below an $0.86 consensus due to plans for aggressive

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BlackBerry shares rocket upwards on AWS deal to integrate sensor data in vehicles

BlackBerry shares shot up in early trading on news that the company will partner with Amazon Web Services to jointly develop and market its vehicle data integration and monitoring platform, IVY.

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BlackBerry stock was up 35% or $2.11 at the opening bell on the New York Stock Exchange. It’s a sign of both the potential market for smart vehicle services and the ability of Amazon businesses to turn boost the fortunes of businesses with its attention.

The former undisputed heavyweight of the smartphone market, BlackBerry has transformed itself into a provider of business security and information integration services and it’s through this transformation that the company attracted the attention of Amazon’s web services business.

The companies first announced a collaboration in the pre-pandemic January of 2020 when BlackBerry said it would collaborate with AWS on connected vehicle safety and security services for in-vehicle applications.

Around 175 million vehicles

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This Cyber Monday gaming PC deal with AMD inside for $1,020 is a steal

As much as I like to build my own systems, there are gaming PC deals that tempt me into going the other direction. This is one of them. CyberPowerPC’s Gamer Supreme with a Ryzen 7 3800X CPU and Radeon RX 5700 XT is on sale for $1,019.99 at Amazon (save $180) for Cyber Monday, and not only does it provide an upgrade path to the Ryzen 5000 series (once those CPUs are more easily attainable), the cost of parts is cheaper than building your own.

Let me qualify that statement. If you were to spec out the same build and factor in the cost of Windows 10, this machine comes out ahead over building your own. The listing does not reveal the exact make and model of most of the parts, but erring on the side of value for some of the unknowns (like the motherboard), I came to around

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