Huawei’s founder said the Chinese telecom equipment giant is “racing to develop new technologies” because he expects the U.S. government will further limit his company’s access to American tech suppliers. “The U.S. will continue to increase sanctions on us, and we will have to complete [the new technologies] before that happens,” Ren Zhengfei told Hong Kong newspaper South China Morning Post in...
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Crypto Global crypto
Breaking Down the SEC’s Double Whammy
The Securities and Exchange Commission started the week off with a one-two punch, filing lawsuits against Binance on Monday and Coinbase on Tuesday. The sweeping lawsuits shared some key charges, including that each company operates an unregistered securities exchange, but the Binance lawsuit contained other damning allegations, including that Binance and its CEO Changpeng Zhao...
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