Tag: businessNews

U.S. Commerce Department scales back restrictions on Huawei

FILE PHOTO: The logo of Huawei is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. REUTERS/Charles Platiau/File Photo (Reuters) – The U.S. Commerce Department on Monday created a temporary general license restoring Huawei’s ability to maintain existing networks and provide software updates to existing Huawei […]

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T-Mobile’s $26 billion deal for Sprint gets big boost after FCC chief gets behind it

WASHINGTON (Reuters) – T-Mobile’s US Inc’s $26 billion acquisition of rival Sprint Corp won the support of the head of the Federal Communications Commission (FCC) on Monday, in a big step toward the deal’s approval. A sign for a T-Mobile store is seen in Manhattan, New York, U.S., April 30, 2018. REUTERS/Shannon Stapleton FCC Chairman […]

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