/?pid=congress-wants-to-drop-the-hammer-on-zte-should-it-mess-up-20084

Updated:06:47 PM EDT Apr 24


this is ggmania.com subsite Congress Wants to Drop the Hammer on ZTE Should It Mess Up - TechAmok

Congress Wants to Drop the Hammer on ZTE Should It Mess Up - [briefly]
05:31 PM EDT - Sep,18 2018 - post a comment

A new bipartisan bill in the Senate would see ZTE smacked with heavy fines if it were to violate its settlement agreement with the U.S. ZTE reached an accord with the U.S. earlier this year over its skirting of prior settlement agreements. The company paid a hefty fine and agreed to put an additional $400 million in escrow, as well as replace most of its management. The deal was largely brokered by the Trump administration and allowed ZTE to resume business operations after the U.S. government banned it from using U.S.-made hardware and software. Despite support from the Trump administration, the deal was not popular among some members of congress. That's why three Republican and three Democratic senators introduced a bill this week that would cause ZTE to forfeit the $400 million in escrow if it violates its new agreement. The authors of the bill want to see reports from ZTE concerning its compliance every 90 days. "This bipartisan legislation would ensure that if ZTE once again violates trade restrictions or its agreement with the U.S., it will be held accountable in a significant, painful way," said lead sponsor of the bill, Senator Mark Warner, who also serves on the Senate Intelligence Committee. The bill still needs to pass the Senate, the House of Representatives, and be signed by the President before it could be considered law.

Short overview of recent news articles

President Biden signs TikTok bill into law (Apr,24 2024 )

The Humble PC (Apr,24 2024 )

Researchers have unlocked the 'Holy Grail' of memory technology (Apr,24 2024 )

The Best Gaming GPU Ever Released, Nvidia GeForce GTX 1080 Ti, 2024 (Apr,24 2024 )

Your Own Private Network Attached Storage Solution by UGREEN (Apr,24 2024 )

ATLAS | Official Trailer | Netflix (Apr,23 2024 )

The World's Fastest CPU (Technically...) - Intel i9-14900KS (Apr,22 2024 )

We can do THIS now! - Lumafield CT Scanner (Apr,22 2024 )

Huawei Pura 70 Ultra - Apple Should be WORRIED (Apr,21 2024 )

Sony 2024 TV Lineup Revealed (Apr,21 2024 )

ICE - A Thousand Suns / Episode 1 (Apr,20 2024 )

Minisforum V3 AMD Tablet Review (Apr,20 2024 )

AMD & Intel SLASH CPU Prices! (Apr,20 2024 )

EK is Imploding: Not Paying Employees, Partners, & Suppliers (Apr,20 2024 )

Backing Up My NAS To My... Parents' House? (Apr,20 2024 )

NEW Ryzen APU BEATS RTX 40 GPUs! (Apr,20 2024 )

(Live) Black Tape Project - All New Raw and Uncut - LA Fashion Week (Apr,20 2024 )

NVIDIA Geforce 552.22 WHQL Driver (Apr,19 2024 )

You Deserve this much OLED - AORUS CO49DQ (Apr,19 2024 )

Unreal Engine 5.4 looks ULTRA PHOTOREALISTIC (Apr,19 2024 )

Radeon RX 5700 XT vs. 7700 XT, 2024 Revisit (Apr,18 2024 )

I Will Build You a PC Right Now! (Apr,18 2024 )

These games carry REAL security risks! BEWARE! (Apr,17 2024 )

Visible First to Offer Annual Payment Plan, with Discount up to 26% (Apr,17 2024 )

Is Coding Still Worth Learning in 2024? (Apr,17 2024 )

All New Atlas - Boston Dynamics (Apr,17 2024 )

The NEW Chip Inside Your Phone! (NPUs) (Apr,16 2024 )

XPS 14 vs 14" MacBook Pro - Apple just KILLED Intel! (Apr,16 2024 )

The Most 2024 Laptop - Razer Blade 14 Review (Apr,15 2024 )

NEVER install these programs on your PC... EVER!!! (Apr,15 2024 )

Use Live Translate on Galaxy S24 series to translate a call's (Apr,14 2024 )

I Tried a Non-Invasive Blood Sugar Watch. Miracle or Scam? (Apr,14 2024 )

Samsung Galaxy Ring - This Just Got Interesting (Apr,13 2024 )

Piracy Is Over Party - WAN Show April 12, 2024 (Apr,13 2024 )

Conan O'Brien Needs a Doctor While Eating Spicy Wings (Apr,13 2024 )

Beatbox Jcob recreats every sound (Apr,13 2024 )

Intel is Gunning for NVIDIA (Apr,13 2024 )

Building a Budget DIY Home Surveillance System (Apr,13 2024 )

Lenovo Yoga Buyers Guide - What's the Best Thin and Light Laptop (Apr,12 2024 )

DARK MATTER Trailer (2024) New Sci-Fi Movies 4K (Apr,11 2024 )

How to Build a PC, the last guide you'll ever need! (2024 Update) (Apr,11 2024 )

Intel 300 CPU Review - The Pentium Replacement is Finally Here... (Apr,10 2024 )

Wubuntu, the Dubious Linux Windows (Apr,10 2024 )

A Lite Version Of Windows 11 To Be Released This Year (Apr,09 2024 )

This $150 Smartphone might be All You Need (Apr,09 2024 )

I Can't Believe These are Real - Reacting to Ridiculous PCs on (Apr,09 2024 )

A new video shows AirPower prototype charging an Apple Watch (Apr,08 2024 )

Google Deleting Incognito Data, Intel $7B Foundry Loss, $350+ Curved (Apr,08 2024 )

20 COOL GADGETS YOU SHOULD SEE (Apr,08 2024 )

New HTTP/2 vulnerability leaves servers in danger of devastating DoS (Apr,08 2024 )

>> News Archive <<

TechAmok - Privacy Policy        loading time:0.01secs