U.S.-France Digital Tax framework being negotiated at Organization for Economic Cooperation and Development

In a statement, French President Emmanuel Macron stated he has had a “great discussion” with U.S. President Donald Trump regarding the introduction of a digital tax planned by France; both countries have agreed to collaborate and avoid further rise in tariffs. According to aa French diplomatic source, Macron and Trump have agreed to hold off…

Amazon.com Inc’s lawsuit names Donald Trump for loss of Pentagon’s $10 billion cloud computing contract

In a complaint filed in the U.S. Court of Federal Claims, Amazon Inc has accused U.S. President Donald Trump of having a bias and exerting “improper pressure” in the awarding of a $10 billion cloud computing contract to its rival, Microsoft Corp. Amazon’s complaint states, Trump had launched a “repeated public and behind-the-scenes attacks to…

U.S. unveils procedures which shields telecom networks from national security threats

In a significant development, the United States has unveiled a procedure which is aimed at protecting its telecommunications networks as well as their supply chains, from national security threats. In May 2019, U.S. President Donald Trump had issued an executive order declaring a national emergency which bars U.S. companies from using telecommunications equipment made by…

Amazon.com contests Pentagon’s $10 billion cloud computing award to Microsoft

In a statement Amazon.com Inc disclosed it is contesting the Pentagon’s award of an up to $10 billion cloud computing deal to Microsoft Corp. Amazon.com has expressed concerns that politics may have got in the way of a fair contracting process. Last Friday, Amazon.com had filed a notice that it will formally resist the decision…

Shares of chipmakers rise in European bourses on expectation of a Phase One U.S.-China trade deal

On Tuesday, shares of chipmakers in European bourses rose in anticipation for a potential U.S.-China trade deal. Investors will be looking for clues in a key speech from U.S. President Donald Trump. The pan-European STOXX 600 index edged slightly higher by 0840 GMT, with technology stocks rising by 0.3%. Investors are keenly awaiting a speech…

Special licenses for U.S. companies wanting to sell components to Huawei coming shortly

206 U.S. companies have applied for the special licence. In an interview with Bloomberg, U.S. Commerce Secretary Wilbur Ross has stated, licenses for U.S. companies to sell components to Huawei Technologies Co will come “very shortly,”. Licenses “will be forthcoming very shortly” and that the U.S. government had received 206 requests. “That’s a lot of…