MIT snaps ties with Huawei Technologies and ZTE Corp

Elite U.S. university MIT has snapped ties with embattled Huawei Technologies and ZTE Corp over investigations by U.S. authorities that the Chinese firms violated U.S. sanctions. It is also ramping up its screening process. In a strategic and significant development, the Massachusetts Institute of Technology (MIT) stated it has snapped its collaborations with Huawei Technologies…

Huawei’s telecom equipment carry serious significant risks: British government report

The report notes, “The evidence of sustained change is especially important as similar strongly worded commitments from Huawei in the past have not brought about any discernible improvements”. On Thursday, in a significant development, Britain has publicly chastised Huawei Technologies for failing to fix long-standing security flaws in its mobile network equipment and revealed new…

CFIUS undoes China’s Kunlun Tech’s acquisition of Grindr

CFIUS concerns stems from the fact that the Chinese dating app collects personal information including a person’s location, messages, which could include potential data of the U.S. military or intelligence personnel. According to sources familiar with the matter at hand, a U.S. government national security panel has raised concerns over the ownership of Chinese gaming…

Pentagon talking to Nokia & Ericsson on 5G solutions

Military to military discussions on future 5G networks are going well, said Ellen Lord, the Department of Defense’s under secretary of defense for acquisition and sustainment. With the United States determined to secure and position itself for the next generation of 5G devices, it is conscientiously pushing away Chinese telecommunications equipment maker Huawei Technologies, which…

Sweden to tighten telecom operation laws

Sweden aims to tighten telecom component suppliers and operators who don’t meet sufficiently high security standards. Anders Ygeman, Sweden’s minister for digital development stated, Stockholm wants to tighten regulatory requirement for telecom suppliers and operators. Sweden’s concerns comes in the midst of heightened concerns revolving around network security. “We want to be able to exclude…

ZTE’s controlling shareholders plan on selling upto 3% shares

Chinese telecom company ZTE Corp had been subject to U.S. sanctions. Its controlling state-owned controlling shareholder Zhongxingxin Telecom plan on selling as much as 2% of its shares once the stock has doubled its value. According to regulatory filing, the controlling stakeholders of China’s ZTE Corp’s plan to slash their stake, by as much as…

Canada likely to approve extradition of Huawei’s CFO to the U.S.: legal experts

Canada has until midnight on Friday (0500 GMT Saturday) to announce its decision. On Friday, in a potentially significant development, Canada is expected to announce that the extradition hearing against Huawei Technologies Co Ltd’s Chief Financial Officer can proceed, opined legal experts. In December 2018, Canadian police had Meng Wanzhou, Huawei’s CFO in Vancouver at…

Chinese tech comes with risks attached: U.S. Secretary of State Mike Pompeo

Mike Pompeo’s underscores and highlights the growing and significant risks to using Chinese technology given their connection to the Chinese state. On Friday, Mike Pompeo, the Secretary of State of the United States of America highlighted the fact that the countries need to keep their “eyes wide open” on the risks of using Chinese technology…