Sales to Huawei OK’d to continue
The Trump administration has extended a limited reprieve on U.S. technology sales to Huawei, even as questions remain over how much of an effect broader sanctions are having on the Chinese technology giant. The U.S. government blacklisted Huawei in May, deeming it a national security risk, meaning U.S. firms aren’t allow to sell the company technology without government approval. At the time, the U.S. exempted a narrow list of products and services. That exemption would have expired Monday, but the Commerce Department extended it for another 90 days, as expected. Commerce Secretary Wilbur Ross said the main aim of Monday’s announcement is to give smaller U.S. internet and wireless companies that rely on Huawei more time to transition away from reliance on its products.
Juul sued under racketeer act
E-cigarette maker Juul Labs and Philip Morris USA were sued for illegally marketing nicotine-delivery devices to minors and deceiving consumers about the risks of vaping. The lawsuit was filed on behalf of Christian Foss, 19, who says he became addicted to nicotine and suffered worsening asthma symptoms after he began using Juul’s device at 16, and seeks to represent all Illinois minors who used it. It alleges that Juul and Philip Morris violated the Racketeer Influenced and Corrupt Organizations Act, adopting the tobacco industry’s past use of catchy ad campaigns aimed at children. Philip Morris is a unit of Altria Group Inc., which is also named as a defendant and which recently bought a 35% stake in Juul for $12.8 billion.