Transfin.

Huawei Charged by the US Prosecutors with Trading State Secrets

Federal prosecutors in the US have charged Huawei and two of its subsidiaries with conspiracy to steal trade secrets.

 

TECH

Microsoft’s Pentagon contract work halted by judge in early victory for Amazon.

Yes! Bezos

A federal judge in the US has agreed to temporarily block Microsoft from beginning work on the Pentagon’s multibillion-dollar cloud computing contract. This is an early court victory for Amazon, which has accused the Trump administration of intervening in the contract-bidding process in favour of Microsoft due to grudges between the President and Jeff Bezos, who owns The Washington Post, a publication Trump accuses of being biased against him. [NYT]

 

Huawei charged by US prosecutors with trading state secrets.

Feel the Charge

Federal prosecutors in the US have charged Huawei and two of its subsidiaries with racketeering conspiracy and conspiracy to steal trade secrets. This ramps up pressure on the telecommunications giant, which has come under fire by the Trump administration for allegedly using its networks around the world to spy for the Chinese Communist Party. [WSJ]

 

Microsoft to house a cloud unit within big IT cos. 

Meanwhile

Microsoft will create a separate business unit within large IT companies, in a drive to accelerate its India business. This is called the ITeS 360 solution, in which the business unit helps IT companies in selling Microsoft offerings over the cloud to their customers around the world. [ET Tech]

FIN.

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