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Bulletins

Huawei charged with racketeering.

The U.S. Department of Justice on Thursday unveiled charges against Chinese telecom giant Huawei for allegedly violating the RICO Act, or federal racketeering law.


The superseding indictment also names four official and unofficial subsidiaries, two based in the U.S. Huawei employees allegedly lied about the company's relationship to at least one of these subsidiaries, which the DOJ said had business dealings with Iran and North Korea. The company allegedly misappropriated technology, including IP related to internet router source code, cellular antenna technology and robotics, according to the charges. The DOJ alleges that Huawei conducted a scheme that involved recruiting professors and employees from other technology firms, and offered them financial rewards in exchange for information on nonpublic intellectual property. Huawei did not immediately respond to a request for comment.
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Bulletins

Shopify is joining Facebook’s Libra cryptocurrency group.

The e-commerce software platform will contribute at least $10 million to the project, reports TechCrunch.

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Google doesn’t want to disclose some antitrust-related documents.

The Wall Street Journal reports that the company is "resisting efforts to surrender emails, text messages and other documents sought by state investigators," who are studying the company for potential anticompetitive behavior.

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Flipkart is challenging an Indian antitrust probe.

The Walmart-owned e-commerce site filed a legal challenge against the investigation, Reuters reports, after Amazon filed a similar challenge earlier this month.

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New Mexico sued Google for violating child privacy laws.

The state accused Google of collecting students' location, browsing history, contact information and voice-recording data using its Chromebooks and education platform, without parental consent.

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Could Apple yield to antitrust concerns over its app empire?

Bloomberg reports that Apple is considering adding the ability for users to change the default browser, email and music apps on iOS, as well as allowing third-party music apps to work with its HomePod speaker.

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