The annual Mobile World Congress was canceled due to the coronavirus. Many companies had pulled out, as we previously reported.
The judge who heard states' case about whether T-Mobile can buy Sprint won't block the deal.
The U.S. Trade Representative Monday evening listed 63 Harmonized Tariff Schedule subheadings that may face tariffs of up to 100 percent when imported from France. It's in retaliation for that country’s digital services tax.
CTA has picked “nextgenTV” as the consumer-facing logo that will adorn ATSC 3.0-compatible TVs and other receivers, we learned Thursday. CTA didn’t comment.
The tranche of tariffs the Trump administration Tuesday morning announced it will delay to Dec. 15 are the 10 percent List 4 tariffs on smartphones, laptops, videogame consoles and computer monitors. Earlier this morning, we incorrectly reported the tranche.
The Trump administration will delay to Dec. 15 the 10 percent List 3 Section 301 tariffs on smartphones, laptops, videogame consoles and computer monitors, announced the Office of the U.S. Trade Representative Tuesday morning. Delaying the tariffs on those articles appears certain to spare the consumer tech industry from passalong price increases during the peak holiday selling season. It bears watching whether the delay will prompt a rush on shipments of those items from China, as U.S. importers scramble to beat the higher duties. There was no immediate word on the fate of other products the tech industry targeted for List 4 removal, including TVs, smart speakers, smartwatches and Bluetooth headphones. Other products are being removed from List 4 entirely, “based on health, safety, national security and other factors,” said USTR. The full and final List 4 will appear on the USTR website Tuesday, it said. USTR will install a List 4 exclusion process for products with immediate tariff exposure, it said.
Viacom and CBS expect to become ViacomCBS by year's end. Viacom CEO Bob Bakish would head the merged entity, Viacom said Tuesday. CBS acting CEO Joe Ianniello would be CBS CEO/chairman.
DOJ and attorneys general for five states said they reached a settlement with T-Mobile and Sprint on their proposed deal. The settlement goes further than the companies’ earlier proposal at the FCC.
As T-Mobile and Sprint agreed to concessions to get their deal OK'd, FCC Chairman Ajit Pai said he'd recommend approving the deal. He would suggest commissioners greenlight the transaction, with an FCC release saying that "in the coming weeks," he will "present his colleagues with a draft order that would resolve this matter."
President Donald Trump will hike the List 3 Section 301 tariffs to 25 percent from 10 percent, effective Friday, on $200 billion worth of Chinese imports, he tweeted Sunday. The increase originally was to have taken effect Jan. 1, but Trump twice postponed the hike since December, citing progress with Chinese negotiators to strike a comprehensive trade deal. The talks continue with the Chinese, but “too slowly, as they attempt to renegotiate,” he said. “No!”