To embed, copy and paste the code into your website or blog:
After months of drama that we dutifully catalogued right here, the U.S. plan to “force the sale of TikTok’s American operations” to Oracle and Walmart “has been shelved indefinitely.” The forced sale has “languished since last fall in the midst of successful legal challenges to the U.S. government’s effort by TikTok’s owner, China’s ByteDance Ltd.” - WSJ
Chinese tech giant Huawei has filed a 5th Circuit lawsuit asking the court to review “an FCC ruling last year that found the company poses a national security threat” and blocking American telecom companies from “accessing a multibillion-dollar fund to buy Huawei-made telecom gear.” The suit calls the FCC’s order “arbitrary, capricious, and an abuse of discretion” - WSJ