Oracle’s bid to purchase TikTok, in conjunction with Walmart, is on hold indefinitely as a result of the change in administration.
Xiaomi is suing the US Treasury Department and the Department of Defense in an effort to overturn a Trump administration ban.
Ajit Pai has stepped down as Federal Communications Commission Chairman, but he had some parting words of warning regarding China.
The Federal Communications Commission has denied ZTE’s request to reconsider the decision to label it a national security threat.
Sweden has joined the list of countries that are banning Chinese firms Huawei and ZTE from participating in the country’s networks.
China has fired the latest shot in the ongoing trade war with the US, passing legislation to restrict exports of sensitive technology.