U.S. Senator Rubio targets Huawei over patents [Reuters]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: Reuters
Senator Rubio targets Huawei over patents - Reuters 2 Min Read WASHINGTON (Reuters) - U.S. Senator Marco Rubio filed legislation on Monday that would prevent Huawei Technologies Co Ltd from seeking damages in U.S. patent courts, after the Chinese firm demanded that Verizon Communications Inc pay $1 billion to license the rights to patented technology. Under the amendment - seen by Reuters - companies on certain U.S. government watch lists, which would include Huawei, would not be allowed to seek relief under U.S. law with respect to U.S. patents, including bringing legal action over patent infringement. On June 12, a person briefed on the matter said Huawei had told Verizon that it should pay licensing fees for more than 230 of the Chinese telecoms equipment maker’s patents and in aggregate is seeking more than $1 billion. It appeared to be a new strategy in Huawei’s ongoing battle with the U.S. government. National security experts worry that “back doors” in routers, switches and oth
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VZ
News
- Verizon receives 2024 ENERGY STAR Award for 12th consecutive year [Yahoo! Finance]Yahoo! Finance
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- Verizon: Get Paid 6.7% While You Wait For 2024 Catalysts [Seeking Alpha]Seeking Alpha
- Verizon to award $25K crisis-response grant to Maryland Tough Baltimore Strong Key Bridge Fund [Yahoo! Finance]Yahoo! Finance
- Verizon to award $25K crisis-response grant to Maryland Tough Baltimore Strong Key Bridge FundGlobeNewswire
VZ
Earnings
- 4/22/24 - Beat
VZ
Sec Filings
- 4/25/24 - Form 10-Q
- 4/22/24 - Form 8-K
- 4/16/24 - Form PX14A6G
- VZ's page on the SEC website