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Huawei cuts staff as it faces mounting US government pressure

Huawei, the Chinese telecommunications giant perennially in the crosshairs of the US government, is shaking up the team responsible for its relationships here. The company let go of several American staffers in DC, according to a person familiar with the situation. Among them is William Plummer, a nearly eight-year Huawei veteran who was the man most responsible for establishing the …

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NY official wants bitcoin exchanges to explain themselves

New York Attorney General Eric T. Schneiderman on Tuesday launched a fact-finding inquiry into the policies and practices of 13 platforms used by consumers to trade virtual currencies like bitcoin and ether.  Cryptocurrency exchanges match buyers and sellers of virtual currencies. As part of the attorney general’s inquiry, his office sent questionnaires asking the exchanges to explain how they operate …

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