Pentagon drops opposition to new rules that would further restrict tech sales to Huawei

The Department of Defense originally had opposed Commerce’s recommendation to tighten restrictions on sales to Huawei, saying it would ultimately hurt U.S. semiconductor companies, which the Pentagon relies on to help produce cutting-edge military tech. Technology BEST DEAL UPDATE:

Pentagon drops opposition to new rules that would further restrict tech sales to Huawei

The Department of Defense originally had opposed Commerce’s recommendation to tighten restrictions on sales to Huawei, saying it would ultimately hurt U.S. semiconductor companies, which the Pentagon relies on to help produce cutting-edge military tech. Technology BEST DEAL UPDATE:

DOJ Files Lawsuit Charging Huawei Of Technology Theft From US Firms

The Department of Justice has charged Chinese telecommunications giant Huawei and its American subsidiaries with racketeering conspiracy and a decades-long plan to steal trade secrets and other sophisticated technology from U.S. firms. A 16-count superseding indictment filed in federal court … Read more…

China urges U.S. to stop suppressing Chinese companies after Huawei indictment

China’s foreign ministry said on Friday it urges the United States to immediately stop suppressing Chinese companies without reason, after U.S. prosecutors unveiled a new indictment against Huawei Technologies. Reuters: Politics SPECIAL NEWS BULLETIN: SPECIAL NEWS BULLETIN: Click today to … Read more…

U.S. accuses Huawei of stealing trade secrets, assisting Iran

U.S. prosecutors on Thursday accused Huawei of stealing trade secrets and helping Iran track protesters in its latest indictment against the Chinese company, escalating the U.S. battle with the world’s largest telecommunications equipment maker. Reuters: Politics SPECIAL NEWS BULLETIN: SPECIAL … Read more…

U.S. charges China’s Huawei with racketeering and conspiracy to steal U.S. trade secrets in new indictment

Adding to charges already made against the company, the indictment accuses Huawei of violating the Racketeer Influenced and Corrupt Organizations Act by, among other actions, offering employees bonuses for obtaining confidential information from competitors. Business BEST DEAL UPDATE:

Huawei claims US charges of stealing trade secrets are an attempt to ‘irrevocably damage’ its image

U.S. prosecutors brought fresh charges against Huawei, accusing the company of stealing trade secrets from American firms and violating sanctions on Iran and North Korea. US Top News and Analysis COMMUNITY NEWS UPDATE: Click today to request your free ACRX … Read more…

Angry over U.K. refusal to ban Huawei from its 5G networks, Trump berated PM Johnson in heated phone chat

Donald Trump berated Boris Johnson during a heated phone call, after the British prime minister rejected the U.S. president’s request to ban Huawei Technologies Co. from its next-generation broadband networks. Trump had spent months trying to persuade the British government … Read more…

Angry over U.K. refusal to ban Huawei from its 5G networks, Trump berated PM Johnson in heated phone chat

Donald Trump berated Boris Johnson during a heated phone call, after the British prime minister rejected the U.S. president’s request to ban Huawei Technologies Co. from its next-generation broadband networks. Trump had spent months trying to persuade the British government … Read more…

Trump ‘apoplectic’ with UK over Huawei 5G decision as US suggests taking stake in Nokia, Ericsson

U.S. Attorney General William Barr said a controlling stake in Nokia and Ericsson would “blunt” Huawei’s “drive to domination.” International: Top News And Analysis SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up … Read more…

Trump ‘apoplectic’ with UK over Huawei 5G decision as US suggests taking stake in Nokia, Ericsson

U.S. Attorney General William Barr said a controlling stake in Nokia and Ericsson would “blunt” Huawei’s “drive to domination.” International: Top News And Analysis SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up … Read more…

Huawei reaches record $122 billion revenue despite US government sanctions, warns of tough times ahead

In a New Year’s message to employees, rotating chairman Eric Xu wrote that revenue exceeded 850 billion Chinese Yun ($ 122 billion) this year, which marks an 18 percent YoY increase. While this is a record high for the company, … Read more…

Exclusive: Huawei and Deutsche Telekom held advanced talks over 5G network deal – sources

Deutsche Telekom was in advanced talks to retain China’s Huawei as its main supplier of radio equipment for new mobile networks before it put the negotiations on hold for political reasons, according to three sources familiar with the matter. Reuters: … Read more…

US to extend license allowing its companies to continue business with Huawei, report says

The United States is set to extend a license allowing U.S. companies to continue doing business with Chinese technology company Huawei Technologies Co Ltd, the New York Times reported on Friday, citing people familiar with the deliberations. World News & … Read more…

The Huawei case will finally force the US to prove some claims it’s made about Chinese companies

The U.S. government has rarely had a chance to make any cyber theft or money-laundering allegations in court against a Chinese executive, particularly an official with the stature of Huawei CFO Meng Wanzhou. Losing the case could cost credibility. Tech BEST … Read more…

Huawei executive’s arrest puts more pressure on Trump and Xi as they grapple over the global order

While the arrest of Meng Wanzhou did not stem directly from trade talks, it made them more complicated and sensitive. It also served as a stark reminder of the deep frustrations that underpin Washington's relationship with Beijing. Asia-Pacific News BEST … Read more…

US firms doing business in China now vulnerable after Huawei arrest: Former US trade advisor

There's a good chance the Chinese will retaliate for the arrest of Huawei CFO Meng Wanzhou by targeting American businesses in China, says former assistant U.S. trade representative Jeff Moon. Economy ECONOMY NEWS UPDATE: Click today to request your free … Read more…