|Day's Range||228.17 - 228.23|
Google's move to revoke Huawei's operating license for Android is not really separate from the larger US-China trade dispute, according to one expert.
Trade tensions between China and the U.S.continue to escalate as the President calls out China for changing the rules. Yahoo Finance's Julie Hyman, Adam Shapiro, Brian Sozzi, and Andy Serwer disuss.
Tech companies are reportedly looking to unwind their businesses from Huawei. Yahoo Finance's Julie Hyman, Adam Shapiro, Dan Howley, Brian Sozzi, and Andy Serwer discuss.
Google reportedly pulled Huawei's Android license, but the U.S. tech giant is not alone, chipmakers like Intel and Qualcomm also reportedly pulled from Huawei. Parag Khanna, Author of ‘The Future is Asian’ tells Yahoo Finance that "It's not really separate from the trade war, after all, I think these are intimately connected issues." Khanna also touches upon the U.S. China trade war impact on Apple.
It's a year since Europe's General Data Protection Regulation (GDPR) came intoforce and leaky adtech is now facing privacy complaints in four more EuropeanUnion markets
Google's Pixel 3a might have been good news for fans of mid-range phones, butit marked the death knell for one of the company's signature phone features:its customizable cases
Google Cuts Ties with Huawei: How Will It Impact Chinese Firm?(Continued from Prior Part)Trump blacklisted HuaweiLast week on Thursday, the Trump administration added Huawei Technologies to a trade blacklist, which restricted US companies from
WASHINGTON/BEIJING, May 20 (Reuters) - Worries that the United States and China were digging in for a longer, costlier trade war weighed on financial markets on Monday as Beijing accused Washington of harboring "extravagant expectations" for a deal to end their dispute. Investors added up the costs of higher tariffs on Chinese and U.S. goods as well as the effects of severe U.S. restrictions on China's Huawei Technologies for the U.S. technology sector, sharply driving down shares of suppliers Qualcomm, Micron Technology and Broadcom Inc .
The license, which was posted for public inspection, scales back the restrictions imposed by the U.S. government last week on Huawei Technologies Co Ltd's buying U.S. goods in order to help existing customers. On Thursday, the U.S. Commerce Department added Huawei and 68 entities to an export blacklist that makes it nearly impossible for the Chinese company to purchase goods made in the United States. Huawei is now on a list of entities that are banned from doing business with U.S. companies without licenses.
Apple Face ID parts supplier Lumentum Holdings Inc followed Google on Monday in clamping down on the business it does with Huawei Technologies, after U.S. President Donald Trump imposed a ban on the Chinese firm on national security grounds. A source told Reuters on Sunday that Google had suspended business with Huawei that requires the transfer of hardware, software and technical services, except those publicly available via open source licensing. While most U.S. suppliers have yet to issue statements on their position on the Huawei ban, Bloomberg reported that Intel Corp, Qualcomm Inc, Xilinx Inc and Broadcom Inc have all now told their employees they will not supply Huawei until further notice.
U.S. stocks slid on Monday as the White House's restrictions on Chinese telecoms equipment maker Huawei Technologies Co Ltd weighed on the technology sector and raised concerns that the move would further inflame trade tensions between the United States and China. Since the White House added Huawei to a trade blacklist last week, several companies have suspended business with the world's largest telecom equipment maker. Alphabet Inc's Google has moved to stop providing Huawei with access to its proprietary apps and services, Reuters reported on Sunday.
Stocks fell broadly Monday, with the tech-heavy Nasdaq faring the worst of the three major indexes on fallout from the blacklisting of China's Huawei. suspended business with Huawei and prevented the company from accessing critical portions of its Android mobile phone platform. surged after U.S. Federal Communications Commission Chairman Ajit Pai said he would approve their $26 billion merger plans.