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U.S. to extend license for its companies to continue business with Huawei: sources

“WASHINGTON (Reuters) – The Trump administration is set to issue a two-week extension of a license allowing U.S. companies to continue doing business with China’s Huawei Technologies Co Ltd, two sources familiar with the deliberations said” writes Midwest Communications Inc for 95kqds.com. In May, President Donald Trump also signed an executive order declaring a national emergency and barring U.S. companies from using telecommunications equipment made by companies posing a national security risk.In blacklisting Huawei, the U.S. government said it had a “reasonable basis to conclude that Huawei is engaged in…

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High-tech fitness company Peloton will reportedly release a cheaper treadmill and a rowing machine in 2020

“Peloton will reportedly release two new pieces of fitness equipment next year, according to Bloomberg, including a new cheaper treadmill, and a rowing machine” writes Bani Sapra for businessinsider.com. Peloton brands itself as more than just a fitness equipment company; it thinks of itself as a media and technology platform as well.A cheaper treadmill, a rowing machine, and apps for Amazon Fire and the Apple Watch may signal a new phase of expansion for the company.The buzzy fitness equipment startup Peloton, known for its internet-connected exercise bikes and treadmills, may…

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State Rep: Misinformation left a $10 million hole in Michigan corrections budget

“This ill-conceived negotiating tactic meant the Legislature was never informed about a $10 million deficit in the education line item of the corrections budget” writes Thomas Albert for mlive.com. Now that last year’s expenditures have come out of the Special Equipment Fund, there aren’t enough funds available to fully fund the vocational training programs.Michigan Department of Corrections Director Heidi Washington, in a column published by MLive on Oct. 26, expressed her concerns about funding for vocational training programs she has implemented in state prisons.Unfortunately, the Department of Corrections was prohibited…

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The Cybersecurity 202: Pentagon’s choice of Microsoft for cloud contract is double-edged sword

“The award signals a sea change in how the military will protect its most closely-held national security secrets” writes Reporter Covering The for washingtonpost.com. But defense officials have long said this disjointed approach has made it impossible for them to push out software updates in a timely manner, hampering their response to emerging cyberthreats.Moving to a centralized cloud operated by Microsoft promises to allow the military to move more quickly.Recent high-profile data breaches involving Amazon’s products, for example, have heightened concerns around the security of cloud products.Bekker said that adopting a “hyperscale”…

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US proposes cutting off funds for Chinese telecom equipment

“U.S. regulators have proposed cutting off funding for Chinese equipment in U.S. telecommunications networks, citing security threats” writes The Associated Press for seattletimes.com. The agency is also exploring the impact of requiring companies to rip out their current Huawei and ZTE equipment.The Federal Communications Commission will vote next month on a proposal to bar telecom companies from using government subsidies to pay for networking equipment from Huawei and ZTE. The move mostly affects small, rural companies, as larger U.S. wireless companies do not use equipment from those Chinese companies. Source: seattletimes.com

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Bigger, longer blackouts could lie ahead in California

“State officials concluded that fire was sparked by a PG&E transmission line” reports thebusinessjournal.com. Turning off big transmission lines reduces the stability of the electrical grid, leading to bigger outages, Wara said.But PG&E’s decision to shut down distribution lines but not long-distance transmission lines may have backfired this time when a blaze erupted near the Sonoma County wine country town of Geyserville.Minimizing blackouts will require PG&E to harden its grid with stronger poles and newer equipment less likely to fall or spark.PG&E said a live, 230,000-volt transmission line near Geyserville…

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FCC moves to ban Huawei and ZTE from $8.5 billion service fund

“On Monday, Federal Communications Commission Chairman Ajit Pai announced that the agency will vote on an order to ban carriers from using federal subsidies to purchase equipment or services from Huawei or ZTE, the two most prominent Chinese providers” writes Makena Kelly for theverge.com. In a further notice of proposed rulemaking, Pai’s proposal asks for comment from stakeholders over how the FCC could financially assist these carriers who may be required to rip out Chinese equipment.Pai’s proposal would also compel the government to examine whether Chinese telecom equipment that is…

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Canon profit falls 43% on year

“Canon Inc. said Monday its third-quarter net profit fell 43% from a year earlier on lower sales for its office printer, camera and industrial equipment businesses” writes Kosaku Narioka for marketwatch.com. For the nine-month period ended September, net profit dropped 49% on year to Y92.35 billion, Canon 7751, -0.53%  said.Third-quarter net profit was 26.52 billion yen ($244.1 million), below the expectation for Y35.67 billion from a FactSet poll of analysts.Canon cut its full-year revenue and net profit forecasts.Drops in sales for its office printer, camera and industrial equipment businesses failed…

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