Huawei plans legal challenge to latest US pressure: report

Chinese telecoms giant Huawei is preparing a legal counterpunch against new moves by American regulators to bar the company from accessing $8.5 billion in US federal funds for services and equipment, a report said Friday.

Business

US FCC blocks China's Huawei, ZTE from subsidy program

American regulators on Friday unanimously branded Chinese telecoms firms ZTE and Huawei as threats to national security and blocked them from accessing $8.5 billion in federal funds for services and equipment.

Business

Zuckerberg defends Facebook's currency plans before Congress

Facebook CEO Mark Zuckerberg endured hours of prickly questioning from lawmakers Wednesday as he defended the company's new globally ambitious project to create a digital currency while also dealing with widening scrutiny ...

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