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I do think it is very difficult for horizontal players to compete with vertical companies that are focused on the vertical, and that have as big a brand as our family of brands have. And I do think it is important to understand how this ad product that we have differs from other ad products.

I am encouraged that more people at supermarkets in the New York area are now wearing face protection, and some stores are putting up clear-plastic partitions to separate their checkout staff from customers.

Huawei Technologies Co Ltd, the world's third-largest smartphone manufacturer, jumped onto the voice-based technology bandwagon, hiring more than 100 researchers to work on developing a Siri-like assistant.

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I had hoped that the movie Crazy Rich Asians [whose star Constance Wu last week was the first Asian to be nominated for a Golden Globe Best Actress Award in 40 years] would be a satire about the decadent lives of those who inherit astonishing amounts of wealth without ever doing anything to earn it. It's not.

Huanggang and Xiaogan have both imposed a lockdown on all residential communities, with only people engaged in epidemic control and those in businesses related to people's livelihood exempted.

Huawei has repeatedly emphasized that it has never breached any laws in countries it operates in, and has never had a cybersecurity-related incident. In the UK it runs a cyber-security evaluation center in Banbury, Oxfordshire, to detect potential problems. The center's work is overseen by the UK's National Cyber Security Centre, and so far it has not discovered any problems.

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Huang said it is in line with China's interests to continue welcoming more foreign investment because it promotes competition.

Huang stressed, however, that violations in the disguise of FinTech will face severe punishments in a bid to protect investors and defend market equity. "[We will] maintain a bottom line of no systemic risks."

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Huawei, a telecommunications company founded in 1987 in Shenzhen, has grown at an incredible speed, with 2018 revenue expected to exceed 0 billion. In the smartphone market, it has become the world's second-largest player by market share, ahead of Apple. The company is also investing heavily in 5G technology.

Huawei's new handset came just a few weeks before the much-expected shipment date of Apple's iPhone X, which also boasts a slate of fancy AI features such as using face recognition to unlock smartphones. In comparison, Huawei sticks to finger recognition technology with Mate 10.