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05.16.19 telecommunications

The Huawei Mate X Is the Coolest Folding Phone Weve Seen Yet

The U.S. – Huawei war is heating up.
Image: Kevin Frayer / Stringer / getty images

The U.S. government is already prohibited from using Huawei’s telecommunications equipment. Soon, the same might be true for U.S. companies. 

According to a Reuters report Wednesday, president Donald Trump is expected to sign an executive order that would bar U.S. companies from using telecommunications equipment made by companies which pose a national security risk. This would pave the way for an effective ban for companies on doing business with Huawei, and potentially other Chinese companies such as ZTE. 

SEE ALSO: There’s no stopping Huawei’s smartphone growth

The report, which cites three unnamed U.S. officials familiar with the matter, says the order has been under consideration for more than a year, but has been delayed several times — and it may get delayed again. 

And while the order reportedly won’t name any specific countries and companies, it’s tailored towards Huawei, which the U.S. government deems to be a spy threat (and which Huawei has vehemently denied).

The U.S. started a soft ban on Huawei equipment around December 2017, when a group of U.S. lawmakers sent a letter warning about Huawei’s role in Chinese “espionage.” In January 2018, U.S. carriers shunned Huawei’s newly-launched flagship, the Mate 10 Pro. And in August 2018, president Trump signed an executive order banning U.S. government agencies from purchasing or using telecommunications equipment from certain Chinese technology companies, including ZTE and Huawei. In December, Huawei CFO Wanzhou Meng was arrested in Canada on suspicion of violating U.S. sanctions concerning Iran. And the U.S. has been trying to coax other countries to avoid using Huawei’s 5G equipment, with Australia, New Zealand and Japan following suit. 

The new order, if enacted, won’t change much for big wireless carriers, which aren’t using Huawei equipment, Reuters says. But it will affect small, rural carriers, some 25 percent of which use either Huawei or ZTE equipment in their networks. 

The order would also further intensify the trade war between China and the U.S., which has been heating up in recent days. 

Meanwhile, Huawei continues trying to clear its name, especially in countries which have been reluctant to impose a ban, including Germany and the UK. On Tuesday, The Guardian reported that Huawei would be prepared to sign a “no-spy agreement” with the British government. 

WATCH: The Huawei Mate X Is the Coolest Folding Phone We’ve Seen Yet

Read more: https://mashable.com/article/trump-order-huawei-ban/

09.12.17 expense manager

A Donald Trump tweet knocked $6 billion off Amazon’s value

Image: alex wong/Getty Images

Donald Trump knocked $6 billion off of Amazon before most of the country was awake.

In a tweet sent at 6:12 a.m. EST, Trump claimed Amazon was “doing great damage to tax paying retailers,” resulting in the loss of jobs.

Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being hurt – many jobs being lost!

Donald J. Trump (@realDonaldTrump) August 16, 2017

SEE ALSO: The number of tweets Donald Trump has sent since becoming president is downright shocking

That immediately sent Amazon shares down sharply, resulting in a decline of around $6 billion of the company’s market capitalization in a matter of minutes.

Image: Google finance

Such is the power of Trump’s tweets.

The move isn’t life threatening for Amazon, which is still worth in excess of $460 billion. It does, however, highlight growing concern that Trump may be willing to target Amazon, which has already stirred rumblings about the need for greater regulation to limit the company’s growing power.

Amazon began to draw Trump’s ire in late 2015 due to CEO Jeff Bezos’s ownership of the Washington Post, which aggressively reported on the Trump campaign.

Trump went after Bezos, claiming that his ownership of the Post was so that he could reduce Amazon taxes. This wouldn’t work, since the Post and Amazon are two entirely separate companies.

The @washingtonpost, which loses a fortune, is owned by @JeffBezos for purposes of keeping taxes down at his no profit company, @amazon.

Donald J. Trump (@realDonaldTrump) December 7, 2015

That was just the beginning. Since then, Trump has on three other occasions launched tweets at Amazon, including the time the president threatened Amazon with an ‘internet tax.‘

The #AmazonWashingtonPost, sometimes referred to as the guardian of Amazon not paying internet taxes (which they should) is FAKE NEWS!

Donald J. Trump (@realDonaldTrump) June 28, 2017

Trump’s latest tweet on Wednesday appears to have been spurred by a Washington Post editorial published Tuesday night entitled “The nation can only weep,” which calls out Trump’s response after Charlottesville.

“That car in Charlottesville did not kill or wound just the 20 bodies it struck. It damaged the nation. Mr. Trump not only failed to help the country heal; he made the wound wider and deeper,” the Post editorial wrote.

WATCH: Neil deGrasse Tyson’s nephew drops the mic on cultural appropriation

Read more: http://mashable.com/2017/08/16/donald-trump-amazon-tweet/

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