Never a more important time for messaging and commercial narrative., page-2

FBI raids Florida office of Chinese credit card reader firm suspected of helping cyberattacks in US and EU while Biden bans Chinese phone carrier for spying

• The FBI, Department of Homeland Security, and other agencies raided the offices of PAX, a Chinese point-of-sale manufacturer in Jacksonville
• The Chinese company is one of the largest digital payment providers in the world with more than 60 million devices in use across 120 countries
• US regulators have revoked the authorization for China Telecom's American subsidiary to conduct business in the United States
• The Federal Communications Commission has ordered China Telecom America to discontinue service within 60 days, ending a nearly 20-year operation in US
• FCC cited 'significant' national security risks for CTA and the Chinese government to access, store, disrupt, and/or misroute US communications
• FCC fear CTA continuing in the US would 'allow them to engage in espionage and other harmful activities against the United States'
• China Telecom is China's largest fixed-line operator connecting customers to the internet
• Action undoubtedly ratchets up tensions between the economic superpowers