Huawei

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Trump Says He Could Intervene in Huawei Case

'Whatever's good for this country, I would do'

(Newser) - Huawei CFO Meng Wanzhou is out on bail in Vancouver —and whether her next destination is her home in China or a cell in the US could be up to President Trump. In an interview Tuesday with Reuters , Trump said he would consider intervening with the Justice Department in...

Meng Wanzhou Freed on $7.5M Bail
Meng Wanzhou
Freed on $7.5M Bail
Dec 12, 2018 12:03 AM CST

Meng Wanzhou Freed on $7.5M Bail

She has agreed to pay for 24/7 surveillance

(Newser) - Huawei CFO Meng Wanzhou walked free from a Vancouver courthouse Tuesday night after a bail hearing that lasted three days. She was released on bail of $10 million Canadian—around $7.5 million American—after BC Supreme Court Justice William Ehrcke decided the bail terms were enough to "offset...

China May Have Made Its First Move Against Canada

Former diplomat reportedly detained in China, after Canada arrests tech exec Meng Wanzhou

(Newser) - China has been threatening retaliation ever since news broke that Canada had detained Chinese tech exec Meng Wanzhou . Now it appears that Beijing has taken its first action. Reuters reports that a former Canadian diplomat named Michael Kovrig has been detained in China. Kovrig works for a think tank called...

Detained China Tech Exec Says She's Not a Flight Risk

Meng Wanzhou is seeking bail in Vancouver

(Newser) - China is demanding that Canada free Meng Wanzhou immediately or pay a "heavy price," but the Huawei CFO and her lawyers are trying to make a case for release that isn't based on threats, according to court documents released Sunday. In a bail application, Meng states that...

After Huawei Arrest, China Hauls in US Ambassador

Incensed Beijing also has words for Canadian envoy, wants tech exec released ASAP

(Newser) - China wasted little time in summoning the US ambassador to Beijing on Sunday to protest the detention of a Huawei executive in Canada—immediately on the heels of warning Canadian envoy John McCallum that there would be "grave consequences" if Meng Wanzhou is not released. Vice Foreign Minister Le...

Why This Woman&#39;s Arrest Is Causing Markets to Tank
Why This Woman's Arrest
Is Causing Markets to Tank
the rundown
Dec 6, 2018 1:17 PM CST

Why This Woman's Arrest Is Causing Markets to Tank

Meng Wanzhou is the CFO of Chinese tech giant Huawei

(Newser) - The arrest of a Chinese tech executive rattled already jittery world markets Thursday and brought international attention to her company, Huawei Technologies. The woman in custody is its 46-year-old chief financial officer, Meng Wanzhou, who also goes by Sabrina Meng. China is seething over the arrest, which took place at...

China Tech Exec Arrested While Changing Planes

Canada says US wants to extradite Huawei CFO

(Newser) - China is strongly protesting the arrest of a technology exec who was detained while changing planes in Canada. Meng Wanzhou is Huawei's chief financial officer and daughter of the company's founder, the BBC reports. Canadian authorities say she was being sought for extradition to the US, where the...

Facebook Says It Gave 4 Chinese Companies Access

One of which was Huawei, which has lawmakers unnerved

(Newser) - Days after the New York Times came out with a report alleging that Facebook improperly let other companies have access to users' personal information comes a follow-up from the Times that reports the group included four Chinese companies—one of which US intelligence has identified as a possible national security...

China Phone-Maker Files 'Groufie' Trademark

Huawei uses term for panoramic pic with friends

(Newser) - Picture the celebrity group selfie that went viral during the Oscars and you've got a variation on the next big thing—or at least what a Chinese phone maker hopes is the next big thing. Smartphone maker Huawei has filed to trademark the term "groufie," meaning a...

Snowden Docs: NSA Targeted Chinese Tech Giant

Huawei's emails, product source codes were hacked: report

(Newser) - US intelligence agencies hacked into the email servers of Chinese tech giant Huawei five years ago, around the time concerns were growing in Washington that the telecommunications equipment manufacturer was a threat to US national security, two newspapers reported yesterday. The NSA began targeting Huawei in early 2009 and quickly...

Worried US Nuke Lab Ditches Chinese Parts

Computer components were made by Huawei-affiliated company

(Newser) - In a national security move, a top US nuclear facility has replaced at least two computer parts after learning that they were Chinese-made. The systems at Los Alamos National Laboratory, which maintains our nuclear weapon stockpile, used some network switches created by China-based H3C; the switches control data flow. H3C...

China Tech Giants Threaten US Security: Lawmakers

Huawei, ZTE secretly work for Communist Party: report

(Newser) - A House intelligence committee report gives a stern warning about two Chinese telecommunications giants that have been trying to expand their business in the US, and cautions that China could use their devices to spy on Americans. Huawei Technologies Inc. and ZTE Inc. say the claims are "baseless" and...

3Com Sale Collapses on Security Concerns

Panel objects to Chinese tech company's role in deal

(Newser) - National security concerns have blocked the $2.2 billion sale of network-equipment maker 3Com Corp to US private equity firm Bain Capital Partners and a Chinese technology company, Reuters reports. Lawmakers had opposed the deal because Huawei, China's biggest network equipment maker, is purported to have ties to China’s...

3Com Buyout Doesn't Pass Security Review

US leery of giving Chinese telecom access to networks

(Newser) - National security concerns have scuttled the buyout deal for 3Com by private equity firm Bain Capital and a Chinese telecom, the Wall Street Journal reports. 3Com, which supplies networking services to the Defense Department, withdrew its application from the Committee on Foreign Investment in the US, having been unable to...

Bain, Chinese Firm Buy 3Com
Bain, Chinese Firm Buy 3Com
Sep 30, 2007 5:14 PM CDT

Bain, Chinese Firm Buy 3Com

US will check telecommunication buyout for security risks

(Newser) - Chinese company Huawei Technologies Co. will help private equity firm Bain Capital buy 3Com Corp., a flailing US telecommunications company, by picking up almost 20% of the tab. Recently Chinese businesses have bought strategic stakes in US companies rather than full buyouts to skirt political scrutiny, which can lead to...

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