Ticker: Racketeering conspiracy trial begins
A racketeering conspiracy trial of Huawei Technologies has begun in New York, with federal prosecutors accusing the Chinese tech company of a litany of crimes, including stealing technology from American companies, abusing the U.S. financial system and helping Iran snoop on its citizens. Huawei is the world’s biggest supplier of gear for wireless telecom networks, but it is banned from selling equipment to U.S. carriers over fears it poses a security risk and has been blacklisted by other Western allies, including Canada and Britain. Taylor Stout, a Department of Justice attorney, ...