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Tech stocks slide on US decision to blacklist Huawei and 70 affiliates – TechCrunch

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The United States has been lobbying for months to prevent its western allies from using Huawei equipment in their 5G deployment, and on Wednesday, Washington made it more difficult for the Chinese telecom titan to churn out those next-gen products.

The U.S. Department of Commerce announced that it will add Huawei and its 70 affiliates to the so-called ‘Entity List,’ a move that will prevent the telecom giant from buying parts and components from U.S. companies without approval from Washington. That confirms reports of the potential ban a day before.

Despite being the largest telecom equipment maker around the world, Huawei relies heavily on its American suppliers, giving the U.S. much leeway to hobble the Chinese firm’s production.

Following the dramatic move, shares of a gauge of Huawei affiliates slumped on Wednesday. Tatfook Technology, which sells to Huawei as well as Ericsson and Bosch, dropped 2.84 percent in Shenzhen in morning trading. New Sea Union Telecom, a supplier to China’s ‘big three’ telecom network operators and Huawei, slid 4.88 percent. Another Huawei key partner Chunxing Precision Mechanical dropped as much as 5.37 percent.

Huawei did not comment directly on the Commerce Department’s blacklist when reached out by TechCrunch, but said it’s “ready and willing to engage with the U.S. government and come up with effective measures to ensure product security.”

“Restricting Huawei from doing business in the U.S. will not make the U.S. more secure or stronger; instead, this will only serve to limit the U.S. to inferior yet more expensive alternatives, leaving the U.S. lagging behind in 5G deployment, and eventually harming the interests of U.S. companies and consumers,” Huawei hit back in the statement.

This view is congruent with some of the harshest criticisms of Washington’s backlash against Huawei. Scholars and industry observers warn that Chinese tech firms have become such an integral part to the global economy that severing ties with Huawei will do ham to 5G advancement worldwide.

In addition, the Chinese company said the U.S.’s “unreasonable restrictions will infringe upon Huawei’s rights and raise other serious legal issues,” though it did not spell out what those rights and legal concerns are.

The announcement dropped on the same day U.S. President Donald Trump declared “a national emergency” over technology supply chain threats from the country’s “foreign adversaries”.

The Commerce Department said it has a reasonable basis to conclude that “Huawei is engaged in activities that are contrary to U.S. national security or foreign policy interest.”

Some of the U.S’s allies including the U.K. are still investigating Huawei’s possible security threat and deciding how close a link they should keep with Huawei, but the Shenzhen-based company has already taken a bold step to give its potential clients some assurance.

Just this Tuesday, Huawei told reporters in London that it’s “willing to sign no-spy agreements with governments, including the U.K. government,” and commit itself to making its equipment “meet the no-spy, no-backdoors standard.”

The U.S.’s tit-for-tat with Huawei also includes the push to arrest the company’s CFO Meng Wanzhou on charges that Huawei did business in Iran in breach of U.S. sanctions.

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The Easiest Way To Transfer Safari Bookmarks To Google Chrome

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Moving bookmarks between desktop browsers is fairly straightforward. You can either let Chrome automatically import the bookmarks or do it manually yourself, as explained on the Google Support website.

To auto-import browser bookmarks from Safari:

1. Fire up Chrome on your computer.

2. Click the three-dot menu button located in the upper right corner of the browser.

3. Navigate to Bookmarks > Import Bookmarks and Settings. 

4. Pick Safari from the drop-down menu.

5. Browsing history, Bookmarks, and Search are checked by default. Uncheck the other items if you only want to import the bookmarks.

6. Click Import and then Done.

As mentioned, you can also transfer the bookmarks manually, but you’ll need the related HTML file. This is also a simple process, but it takes a few extra steps.

1. Open Safari on your computer.

2. Go to File > Export Bookmarks.

3. Save the HTML file in your local Mac storage.

4. Open Chrome and go to Bookmarks > Import Bookmarks and Settings

5. This time, pick Bookmarks HTML File from the drop-down menu.

6. Locate the .html file and click Choose File.

On a fresh installation of Chrome, the imported bookmarks will appear on the bookmarks bar (you can show or hide the bar with Ctrl + Shift + B.) But if you’ve already created new bookmarks on Chrome, you’ll find the imported Safari bookmarks in a folder called “Other bookmarks.”

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Bluetti Gives Veterans And Military Personnel A Treat This Memorial Day Weekend

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Bluetti is including some of its best and most versatile power stations up for grabs this memorial weekend with big price cuts. The EP500 (originally $4,599, discounted at $4,399) and EP500 Pro (originally $5,999, discounted at $4,999) may challenge your definition of “portable,” but they are great for instantly providing backup power to a whole house when the grid goes down, especially with their huge 5,100Wh batteries. On the opposite end of the spectrum, the 716Wh EB70S and 537Wh EB55 (originally $599, discounted at $549) won’t break your back with their super portable sizes. Make no mistake, though, they might be small, but they’re big on power and ports.

Of course, Bluetti’s modular power stations are also joining the party. The AC200 MAX and the B230 battery module (originally $3,299, discounted at $3,099) together dish out over 4,000W of pure AC Sine Wave of power. The AC200 MAX can also be charged to full in just two hours by combining both AC and solar inputs. The AC200P (originally $1,599, discounted at $1,499) brings the best of both worlds of power and portability with its 2,000Wh battery capacity, multiple outputs that can power 17 devices all at once, including wireless charging. And, of course, you can even expand that power by connecting a B230 battery module.

Bluetti’s Veterans and Military Benefits Program starts on May 26 at 7:00 PM PDT and ends on May 31 at the same time. It is open to both active personnel and veterans, and they only need to have their status verified through ID.me to get the discounts. Bluetti notes that the program is available for personal use only.

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The Reason The FTC Just Hit Twitter With A $150 Million Fine

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In the FTC order, the commission states that Twitter had access to personal data from more than 140 million users in just the 2014 – 2019 period, which it then shared with advertisers. This was at a time when Twitter’s terms and conditions explicitly stated to its users that this information would be used for the sole purpose of securing their accounts.

According to the FTC and the United States Department of Justice, Twitter began sharing user data with advertisers in 2013 — around the same time it started allowing users to add their phone numbers for two-factor authentication. Before being called out by the FTC, Twitter maintained that it collected phone numbers and email addresses for the purpose of improving account security. Users could, for example, easily reset their passwords, or unlock their accounts using a verified phone number or email address. 

While the average Twitter user likely assumed their phone number and associated data were secure with Twitter, the company disregarded the trust users placed with them and shared this data with advertisers, the FTC orders states.

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