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Trending Hashtag November 3: US Government to Cover Cost of Replacing Huawei Equipment; Yahoo will leave China; Trademark issues

November 4, 2021
Source: bollyinside.com bollyinside.com
News Snapshot:
The huge migration is approaching. The United States will begin replacing Huawei and ZTE telecom equipment in its networks in the coming months. Since 2018, the two Chinese firms have been designated as a national security concern by the US government, and they are prohibited from doing business with American IT firms. The FCC has set up a payment scheme for impacted carriers to aid with the changeover. They predict that the replacement will cost more over $1.8 billion dollars. Facebook’s facelift has hit a small financial snag. Its new name, Meta, apparently steps on a pending trademark of a...
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China Tech Buzz Topics: Beijing | blocked | Business | China | Chinese | CNN | email | equipment | Facebook | finance | financial | Giant | Google | government | Huawei | IT | legal | Microsoft | national security | PC | search engine | social media | technology | United States | ZTE

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