Tag: Department of Commerce
DJI says products will remain on sale after being added to US ‘entity list’
Yesterday the U.S. Department of Commerce included DJI among the 77 new entries on its ‘entity list.’ Precisely what this means for the company’s future in the States remains uncertain, but it has since responded to TechCrunch’s request for comment. “DJI is disappointed in the U.S. Department of Commerce’s decision,”…
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Judge blocks US ban on WeChat app downloads
TikTok isn’t alone in avoiding a US ban, at least for now. Reuters reports that Judge Laurel Beeler has issued a preliminary injunction blocking a Commerce Department order that would remove WeChat from US app stores by the end of September 20th. Use… Source
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Trump approves TikTok deal with Oracle and Walmart ‘in concept’
TikTok appears to have avoided a US ban at the last minute… probably. President Trump has agreed to a deal “in concept” (via CNBC) that theoretically allays US security issues while letting it operate in the country. True to earlier discussions, Or… Source
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US considers blocking deals with China’s largest chip maker
The US’ trade bans on Chinese companies like Huawei and ZTE might have been just the beginning. The Defense Department has confirmed to the Wall Street Journal that agencies are discussing whether or not they’ll add China’s Semiconductor Manufacturin… Source
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Huawei’s expired US license is bad news for phone owners
After more than a year, the Commerce Department has stopped giving Huawei temporary licenses to keep supporting customers — and it’s not great news if you happen to have one of the company’s phones. The Washington Post has confirmed that the exceptio… Source
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Markets dragged down by abysmal retail sales and factory output
U.S. major stock indexes fell in Wednesday trading as new data from the Commerce Department and Federal Reserve indicated a collapse in manufacturing output and retail sales. However, the declines did not completely erase yesterday’s gains in another sign that U.S. investors and corporations may be better positioned to withstand…
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