Google has halted its plan to shut out Huawei - WSJ

Dhwani Mehta FXStreet

The Wall Street Journal (WSJ) carries a report, citing that Google has halted its plan to shut out Huawei’s access to the apps.

A source familiar with the matter told Reuters on Sunday that Alphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing.

Meanwhile, earlier on the day, the US Commerce Department announced that is creating a 90-day temporary general license till August 19 to scale back the restrictions for Huawei and 68 entities, Reuters reported.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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