License

Microsoft Grants License To Export Software To Huawei

by in Categories Technology
Microsoft

Microsoft Corporation said on Thursday, November 21, that the company had been granted a license from the U.S government to export its software to Huawei Technologies Co Ltd. “On November 20, the U.S. Department of Commerce granted Microsoft’s request for a license to export mass-market software to Huawei,” a spokesperson of Microsoft told Reuters through … Read more

PayPal: the First Foreign Company to Aquire Chinese Payments License

by in Categories News
PayPal

PayPal became the first foreign company to acquire payments license in China after buying a majority stake in Guofubao (Gopay), a Chinese payments group. Guofubao said on Monday, September 30 that the central bank approved Paypal’s acquisition of 70% stakes in the company for an undisclosed sum. After two years of promises from Beijing, the … Read more