U.S. FTC chief says prepared to break up big tech firms: Bloomberg

(Reuters) – U.S. Federal Trade Commission is prepared to break up major technology platforms if necessary by undoing their past mergers, Chairman Joe Simons said on Tuesday in an interview to Bloomberg, as the agency anti-competitive practices in the sector. Simons said in the interview that breaking up a company is challenging, but could be the right remedy to rein […]

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U.S. could have decision on companies selling to Huawei by next week

SAO PAULO (Reuters) – The Trump administration could by next week issue decisions to companies that have requested special licenses to sell to Chinese telecoms giant Huawei, U.S. Commerce Secretary Wilbur Ross said on Tuesday during a visit to Brazil. Ross said he expects that a decision will be “forthcoming” by the time he returns to the United States, after […]

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Exclusive: U.S. firms may get nod to restart Huawei sales in 2-4 weeks – official

WASHINGTON (Reuters) – The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official, in a sign President Donald Trump’s recent effort to ease restrictions on the Chinese company could move forward quickly. Huawei, the world’s largest telecommunications equipment maker, was added to a Commerce Department […]

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U.S. to provide licenses for sales to Huawei if national security protected

WASHINGTON (Reuters) – The U.S. Department of Commerce will issue licenses to U.S. companies seeking to sell to Chinese telecoms equipment giant Huawei Technologies Co Ltd where there is no threat to national security, Commerce Secretary Wilbur Ross said on Tuesday. Seeking to revive trade talks with China, U.S. President Donald Trump announced late last month that American firms would […]

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U.S. reviewing requests to export to Huawei with 'highest scrutiny' -Commerce Dept

WASHINGTON (Reuters) – The U.S. government said on Wednesday it was reviewing license requests from U.S. companies seeking to export products to China’s Huawei Technologies Co Ltd “under the highest national security scrutiny,” since the company is still blacklisted. In an email to Reuters, the Commerce Department said that as it reviewed applications, it was applying the “presumption of denial” […]

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China's biggest start-ups ditch Oracle and IBM for home-made tech like PingCap

HONG KONG (BLOOMBERG) – For years, companies like Oracle and International Business Machines invested heavily to build new markets in China for their industry-leading databases. Now, boosted in part by escalating US tensions, one Chinese upstart is stepping in, winning over tech giants, start-ups and financial institutions to its enterprise software. Beijing-based PingCAP already counts more than 300 Chinese customers. […]

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Dell, HP, Microsoft, Intel oppose proposed tariffs on laptops, tablets

(Reuters) – Dell Technologies Inc, HP Inc, Microsoft Corp and Intel Corp on Wednesday opposed U.S. President Donald Trump’s proposal to include laptop computers and tablets among the Chinese goods targeted for tariffs. Dell, HP and Microsoft, which together account for 52% of the notebooks and detachable tablets sold in the United States, said the proposed tariffs would increase the […]

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