Bloomberg
Chinese Telecom Equipment Remains in US Long After Orders to Rip It Out
It’s been three years since US officials sounded the alarm: Citing national security threats, the White House, Congress and federal agencies began ordering that certain Chinese-made equipment had to be ripped out from telecommunications and security networks. But delays, deferrals and a serious funding shortfall have left that threat largely unaddressed, and Chinese technology remains in place throughout the US — including in some surprising places. More than 100 telecom providers are still connecting mobile phone calls for hundreds of thousands of customers with gear from Huawei and ZTE.
Elon Musk Faces FTC Antitrust Review on Twitter Alongside Stock Probe
The Federal Trade Commission (FTC) is reviewing Elon Musk’s $44 billion Twitter takeover, a person familiar with the deal said, setting up a deadline in the next month for the agency to decide whether to conduct an in-depth review of the transaction. Under US merger law, Musk is required to notify the FTC and the Justice Department of the transaction and wait at least 30 days before closing to allow an investigation into potential antitrust concerns.