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India Bans Imports of all products from China, including US owned brands made in China like iPhones
Customs officials at major Indian ports are holding back imports coming from China, which include US goods manufactured in China by companies like Apple, Dell, Cisco, and Ford Motor Company.
According to Reuters, a lobby group representing US firms, known as the US-India Strategic Partnership Forum, has addressed the curbing of imports in a letter to India’s commerce ministry.
“Authorities have...
Cisco asks Obama to stop NSA from hijacking US tech
News reports included an image purportedly of staff from the NSA’s Tailored Access Operations unwrapping a Cisco box.
Cisco’s CEO John Chambers has asked US president Barack Obama to consider new rules preventing agencies hijacking networking equipment at it moves through the supply chain, or risk undermining confidence in the multi-billion dollar US technology sector.
In a letter dated...
Huawei and ZTE caught spying on US, government seeking ban
US firms should stay away from doing business with two Chinese telecom giants due to a national security threat they pose, states a draft congressional report. It recommends barring the companies from the US market, yet fails to detail evidence.
The House Intelligence Committee in its report to be released Monday urges US regulators to ban all merges and acquisitions in US by Huawei Technologies Co...
Paris Losing Out On Hilton Fortune
Grandpa Barron Hilton plans to donate 97 percent of his fortune to African Americans.
Hotel heiress Paris Hilton’s potential inheritance dramatically diminished after her grandfather Barron Hilton announced plans on Wednesday to donate 97 percent of his $2.3 billion fortune to charity.
That wealth includes $1.2 billion Barron Hilton stands to earn from both the recent sale of Hilton Hotels Corp....