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Stock impact report

Google suspends some business with Huawei after Trump blacklist [Toronto Globe and Mail (Ontario, Canada)]

TENCENT HLDGS UNSP/ADR (TCEHY) 
NASDAQ:AMEX Investor Relations: tencent.com/en-us/investor.html
Google suspends some business with Huawei after Trump blacklist Alphabet Inc.’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available through open source licensing, a source familiar with the matter said on Sunday, in a blow to the Chinese technology company that the U.S. government has sought to blacklist around the world. Holders of current Huawei smartphones with Google apps, however, will continue to be able to use and download app updates provided by Google, a Google spokesperson said, confirming earlier reporting by Reuters. “We are complying with the order and reviewing the implications,” the Google spokesperson said. Story continues below advertisement “For users of our services, Google Play and the security protections from Google Play Protect will continue to function on existing Huawei devices,” the spokesperson said, without giving further details. The suspension could hobble Huawei Show less Read more
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