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Stock impact report

US is investigating potential national security risks posed by internet routers used by millions [CNN]

Verizon Communications Inc. (VZ) 
Last verizon communications inc. earnings: 4/24 07:30 am Check Earnings Report
US:NYSE Investor Relations: verizon.com/about/investors
Company Research Source: CNN
US officials are concerned that cheap and ubiquitous routers made by TP-Link could offer a foothold for China-backed hackers into US infrastructure, the sources said. The Commerce Department has opened a probe into the company that is in its nascent stages. One possible outcome of the probe is a ban on the sale of TP-Link routers in the US, two of the sources, said. Ad Feedback It's just one of a flurry of actions the Biden administration has taken in its waning days that officials say are aimed at blunting China's ability to hack the American telecoms sector. The actions will carry into the Trump administration as it inherits the steep challenge of trying to counter China's aggressive use of cyber operations to collect intelligence The Commerce Department last week also sent a “preliminary finding” as part of a separate inquiry into another company, the US subsidiary of China Telecom, the state-owned telecoms giant, related to national security risks that US officials believ Show less Read more
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