![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() by Staff Writers Washington (AFP) May 21, 2019
US officials have issued a 90-day reprieve on their ban on dealing with Chinese tech giant Huawei, saying breathing space was needed to avoid huge disruption. A Commerce Department filing said the delay does not change the ban imposed by President Donald Trump on national security grounds, an action with major implications for US and Chinese technology firms. Instead, it grants a temporary license that will allow Huawei to continue doing business with American firms. "The Temporary General License grants operators time to make other arrangements and (gives) the Department space to determine the appropriate long term measures for Americans and foreign telecommunications providers that currently rely on Huawei equipment for critical services," said Secretary of Commerce Wilbur Ross. "In short, this license will allow operations to continue for existing Huawei mobile phone users and rural broadband networks." The Huawei confrontation has been building for years, as the world's largest company has raced to a huge advantage over rivals in next-generation 5G mobile technology. US intelligence believes Huawei is backed by the Chinese military and that its equipment could provide Beijing's spooks with a backdoor into the communications networks of rival countries. For that reason, Washington has pushed its closest allies to reject Huawei technology, a significant challenge given the few alternatives for 5G. Last week, President Donald Trump declared a "national emergency" empowering him to blacklist companies seen as "an unacceptable risk to the national security of the United States" -- a move analysts said was clearly aimed at Huawei. At the same time, the US Commerce Department announced the effective ban on US companies selling or transferring US technology to Huawei. It is the implementation of this ban that was delayed Monday by 90 days. But the Huawei fight is over more than just US national security. Washington sees Huawei's rise as emblematic of China's drive to wrest global technological and economic leadership from the United States.
![]() ![]() Disney assumes full control of Hulu under deal with Comcast Washington (AFP) May 14, 2019 Walt Disney Co. said Tuesday it had reached an agreement to take "full operational control" of the streaming television service Hulu, effective immediately, under a deal with Comcast, which holds a 33 percent stake. The deal gives Comcast, a media and cable giant, an option to sell its stake to Disney at fair market value within five years, with Hulu's equity to be valued at no less than $27.5 billion. The agreement enables Disney to step up its efforts in streaming television against Netflix, t ... read more
![]() |
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |