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Huawei loses legal challenge of US federal purchase ban

Washington has the right to block US federal agencies from buying products by Huawei on cybersecurity grounds, a judge ruled Tuesday, dismissing the Chinese telecom giant's legal challenge to a purchase ban. Huawei filed the suit last year and claimed Congress had failed to provide evidence...

Amazon's Jeff Bezos promises $10B to set up Earth Fund

Jeff Bezos, the CEO of the e-commerce giant Amazon, announced the launch of Bezos Earth Fund and promised $10 billion donation for fighting against climate change. "I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of...

U.S. mulls cutting Huawei off from global chip suppliers

The Trump administration is considering changing U.S. regulations to allow it to block shipments of chips to Huawei Technologies from companies such as Taiwan's TSMC, the world's largest contract chipmaker, two sources familiar with the matter said. New restrictions on commerce with China's...