Items tagged with trump administration
It looks as though the Trump administration is going nuclear on TikTok, and WeChat has been dragged into the mix as well. The U.S. Commerce Department has issued an order that goes into effect September 20th that will effectively ban anyone in the United States from downloading either app. The order [PDF], which was issued this morning, states, “Pursuant to Executive Order 13942, any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States, with ByteDance Ltd. (a.k.a. Zìjié Tiàodòng), Beijing, China, or its subsidiaries, including TikTok Inc., in which any such company has any interest, as identified...
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The current United States-China trade war has had a major effect on several technology and telecommunication companies. Apple is one of the corporations that as borne the brunt of the trade war. Apple CEO Tim Cook recently met with President Trump and warned that the new tariffs made it difficult to compete with companies like Samsung. President Trump and Tim Cook met for dinner this past Friday at the president’s golf club in Bedminster, New Jersey. Apple manufactures many of its products in China and contend that it would be difficult to entirely move manufacturing to other countries. Cook reportedly argued that the new tariffs would make it hard for Apple to go toe-to-toe with companies...
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The rollercoaster ride for Huawei continues. Earlier this week, we reported that Google was the first to pull the rug from under the Chinese smartphone powerhouse following guidance from the Trump Administration. Under new rules, without a license, Huawei's future devices would not have access to the Android OS, Android updates, the Google Play Store, or first-party Google apps. Yesterday, other American companies -- including Intel, Qualcomm and Broadcom -- piled on by suspending business operations with Huawei. Today, it appears that Huawei has been given a temporary reprieve thanks to the U.S. Commerce Department granting Huawei a new 90-day license to give mobile phone...
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The U.S. government's war on Huawei – which has risen to become the world’s second-largest smartphone OEM -- has just taken a rather interesting turn. According to a report out this afternoon, Google has suspended its business operations with Huawei following the Trump Administration's recent move to add the Chinese-based company to a trade blacklist. In effect, U.S. companies are now forbidden from working with Huawei over fears that it is in cahoots with the Chinese government to spy on U.S. interests and its allies (both in the consumer sector and in government operations). According to a Reuters report, Huawei will "immediately lose" access...
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After being arrested on Saturday, Huawei CFO Meng Wanzhou is still awaiting extradition to the United States. At the time no formal charges had been disclosed, but a bail hearing held in Vancouver revealed that Meng Wanzhou has been charged with fraud and violating US sanctions against Iran. The scandal revolves around a small company called Skycom Tech that is located in Hong Kong. According to John Gibb-Carsley, a lawyer working for Canada's Justice Department, Skycom has operated as an unofficial subsidiary of Huawei for several years. The two companies have attempted to hide their relationship from the public, but internally the company is clearly a part of Huawei as employees have Huawei...
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Huawei's CFO Meng Wanzhou has been arrested in Canada and faces extradition to the United States. The charges levied against her haven't been revealed at this time, but Meng Wanzhou's arrest has already had staggering effects on stock exchanges around the world. In addition to being Huawei's CFO, Meng Wanzhou serves as the deputy chairwoman of Huawei's board, and she is the daughter of Huawei's founder Ren Zhengfei. Meng Wanzhou was in Canada on a layover when she was apprehended by Canadian police. A publication ban has prevented the Canadian Justice Department from sharing additional details about why she was arrested, but a law enforcement official indicated that she was wanted as part of...
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