News Snapshot:
https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/business/202104071082561773-huawei-to-shutter-cloud-computing-ai-business-groups-amid-restructuring-as-us-china-trade-war-bites/ The news reveals troubles faced by the Shenzhen-based firm, namely amid the ongoing US trade war on China and ongoing COVID-19 pandemic, according to media reports. Chinese telecoms giant Huawei Technologies has shuttered its core cloud and artificial intelligence (AI) groups after just 14 months of operations, Caixin Global reported on Tuesday. A server and hardware storage unit as well as internet products and solutions department tasked with product research and development (R&D) have been formed amid the dissolution, the firm said in a 2 April internal memo. © AP Photo / Daniel Hulshizer Efforts to Fund Self-Reliance...
