Photo by Sam Byford / The Verge
The US has agreed not to put Xiaomi on a blacklist blocking investment in the Chinese tech company, undoing a move made in the last week of the Trump administration. Xiaomi sued the US government over the designation, but just filed a joint status report with the Department of Defense saying the two parties “have agreed upon a path forward that would resolve this litigation without the need for contested briefing.”
The DoD had decided to designate Xiaomi as a “Chinese Communist Military Company,” which could have forced any American investors to divest their holdings in Xiaomi by November this year. After Xiaomi sued the government in response, a district judge issued a preliminary injunction to block the blacklisting, calling it...
Continue reading…
from The Verge - All Posts https://ift.tt/2Rbwjkd
Related Posts : Microsoft sold software to sanctioned Russian companies, says US government
Illustration: Alex Castro / The Verge
Microsoft has agreed to pay over $3 million in fines for selling software to sanctioned entities and… ... Florida Mayhem won the first Overwatch League pro-am tournament, but the amateurs were the bigger winners
Image: Blizzard
Yesterday, the first round of Overwatch League play in 2023 concluded with the league’s first-ever pro-am tournament. Seve… ... Substack CEO pushes back at Elon, says Twitter situation is “very frustrating”
Quick recap: Substack, the popular subscription newsletter platform for writers, launched a new feature in its app called Notes last week, … ... Netflix is making a Stranger Things animated series
Image: Netflix
Stranger Things is getting an animated spinoff. On Monday, Netflix announced that the show’s creators, Matt and Ross Duffer… ... Ikea’s virtual interior design service brings in a pro to pick out your new furniture
Image: Ikea
If you’re like me, you enjoy walking through Ikea stores and dream your home could be as neat and organized as the showroom sa… ...
0 Response to "US backtracks on Xiaomi blacklisting"
Post a Comment