The two firms should be barred from any US mergers and acquisitions, a House Intelligence Committee report will say. The panel says the firms failed to allay fears about their association with China’s government and military. The firms – among the world’s biggest makers of networking equipment – denied the accusations in front of the panel. On Monday ZTE issued a statement insisting its equipment met all US standards and posed no threat. ZTE has set an unprecedented standard for cooperation by any Chinese company with a congressional investigation,” China’s Xinhua news agency quoted the firm as saying. Read the full story at The BBC.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit



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