Samsung’s Galaxy S10 lineup: Foldable phones, 5G and phones that charge each other

(CNN)A 5G device. A foldable phone that morphs into a tablet. A smartphone that can charge another smartphone when sandwiched together. Samsung kicked off its event with the debut of the Galaxy Fold, a 4.6 inch-smartphone that can open up into a 7.3-inch tablet. Along with Samsung’s long teased Infinity Flex display, it has a hinge system that can’t be seen from the outside. The luxury device, which will cost $1,980, hits stores on April 26. “We are creating a new dimension for your phone and your life,” a Samsung spokesperson said during the event. “It doesn’t even define a new category; it defies a new category.” The Galaxy Fold, which will be available in black, silver, green and blue, …

Huawei founder Ren Zhengfei: The US ‘cannot crush us’

Hong Kong (CNN Business)Huawei’s founder is striking a defiant tone in the face of American attempts to curb the Chinese tech giant’s international reach and prosecute his daughter. The US government argues Huawei’s products could be exploited by Chinese intelligence services for spying — a claim the company has repeatedly denied. US prosecutors have also indicted Huawei and its chief financial officer, Meng Wanzhou, on charges of bank fraud and sanctions evasion. Meng, one of Ren’s two daughters, was arrested in Canada in December and faces possible extradition to the United States. The US offensive against Huawei has strained relations between Washington and Beijing, and threatens to disrupt the rollout of 5G networks around the world. “We must protect our …

America’s fight with Huawei is messing with the world’s 5G plans

Hong Kong (CNN Business)The US-led offensive against Chinese tech firm Huawei is creating big problems for mobile operators as they start building the next generation of wireless networks. The international rollout of 5G has become a front line in the broader clash over advanced technology between the United States and China that is reshaping the relationship between the world’s top two economies. The United States doesn’t have a heavyweight globalcompetitor to Huawei in telecommunications equipment. The Chinese firm’s biggest rivals are Ericsson (ERIC) of Sweden and Nokia (NOK) of Finland. But they have struggled for years with losses and job cuts while Huawei has powered ahead, generating annual revenue of more than $100 billion, building a strong base in China …

Amazon has money, power and influence. But it flamed out in NYC. Here’s why that matters

New York (CNN Business)Amazon doesn’t fail very often. But before it ditched its New York HQ2 plans Thursday, Amazon had only ever fallen on its face this way once before, when it launched the Fire Phone, a smartphone no one wanted. Amazon, like most tech companies, embraces its failures. “I’ve made billions of dollars of failures at Amazon.com,” Jeff Bezos said at the Business Insider Ignition conference in 2014. “Companies that don’t embrace failure and continue to experiment eventually get in the desperate position where the only thing they can do is make a Hail Mary bet at the end of their corporate existence.” HQ2 isn’t a financial disaster like the Fire Phone or an idea that flopped like the …

Huawei is crushing Apple in China, and the US is partly to blame

Hong Kong (CNN Business)Huawei smartphones are killing the iPhone in China. Huawei’s booming sales show how major parts of its business continue to thrive even as the United States tries to persuade other countries to shut Huawei products out of 5G wireless networks and pursues criminal charges against it. The company expects to overtake Samsung as the world’s biggest smartphone maker by next year. Huawei sold 30 million phones in China in the last three months of 2018, nearly three times as many as Apple (AAPL), according to data published this week by research firms Canalys and IDC. Apple’s sales plunged almost 20%. ‘Cult status’ Huawei’s success in China, the world’s largest smartphone market, is about more than geopolitics. Chinese …

IBM’s AI debate computer loses to human champion

San Francisco (CNN Business)People are great at arguing. But a project from IBM shows that computers are getting quite good at it, too. It followed traditional debate style. Each side gave a 4-minute opening speech, then they each came up with a 4-minute rebuttal to the other party. At the end, they gave a 2-minute closing argument. The audience was asked to vote for one side or the other at the start of the debate, and again at the end. “Greetings, Harish,” Project Debater began, speaking in a mainly monotonous, female voice. It argued, among other things, that subsidized preschool can help break the poverty cycle. It spoke in complete sentences, and drew from a range of studies (including by …

Slack confidentially files to go public

New York (CNN Business)Slack, the popular workplace communication platform, has filed confidential paperwork to go public. Slack CEO and co-founder Stewart Butterfield is known for saying the company is opportunistic about capitalizing on people’s interest in the service — whether it’s from investors wanting to pour money into the company or expanding Slack into new countries. The company has been vocal about accepting new investment, even when it has yet to tap the vast majority of money in its warchest. To date, it has raised about $1.2 billion from investors including SoftBank and Accel. In August, the company was valued at $7.1 billion. Slack’s messaging service helps employees better collaborate on work. It’s been called an “email killer,” providing users …