FCC issues showcause notices to 3 state-controlled Chinese telecom firms

In a statement, the Federal Communications Commission (FCC) stated, it is mulling options which include the shutting down the U.S. operations of three state-controlled Chinese telecommunications companies, due to potential national security risks. To this end, the FCC has issued show cause orders to China Unicom Americas, China Telecom Americas, and Pacific Networks Corp along…

Multiple U.S. government agencies back revoking China Telecom’s ability to operate in U.S.

In a significant development, several agencies from the U.S. government including the Justice Department called on the Federal Communications Commission (FCC) to revoke China Telecom (Americas) Corp’s ability to provide international telecommunications services to and from the United States. China Telecom is the U.S. subsidiary of a People’s Republic of China (PRC) state-owned telecommunications company.…

China Reform Holdings attempting to seize control of British chip designer Imagination

In an exclusive news bulletin, Sky News has revealed that Imagination, which makes graphics processing units (GPUs) for customers including Samsung and Apple and is one of the UK’s most important technology companies, is scheduled to have an emergency board meeting next week in order to discuss the appointment of four representatives of China Reform…

Using Huawei 5G equipment would be act of madness for UK: US officials

As per a report from the Guardian Newspaper, officials from the U.S. government have provided the British government with additional newer evidence concerning the risks of involving Huawei in developing its future 5G mobile networks. Ahead of Britain’s decision to include Huawei in developing its 5G networks, officials from both countries exchanged views on whether…

Due diligence on cryptocurrencies a must before they are widely adopted: EU Finance Ministers

Finance ministers from the European Union have agreed that private digital currencies including Facebook’s Libra should not be allowed in the European Union until potential risks surrounding them are clearly addressed. The move confirms the tough stance claimed by the EU on stablecurrencies such as Facebook’s Libra, which incidentally has attracted criticism from global regulators…

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…

Czechoslovakia will follow Germany’s approach vis-a-vis Huawei

Much like the issues highlighted by the United States, Czech cyber security watchdog NUKIB has also warned of potential risks of allowing Huawei to build the backbone of the country’s communication network. On Thursday, Czechoslovakia’s industry minister was quoted as saying, it will follow the approach of Germany and other neighboring countries in addressing issues…

Facebook to pay $5 billion fine as part of a sweeping settlement with the FTC

While the settlement resolves a major regulatory overhead for Facebook, the embattled social media giant still faces potential antitrust probes from the FTC and Justice Department. On Wednesday, in a significant development, the Federal Trade Commission stated, Facebook Inc has agreed to pay $5 billion as part of a sweeping settlement to create a board…