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Optica cuts ties with Huawei after secret funding exposed

Optica cuts ties with Huawei after secret funding exposed
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Optica Cuts Ties With Huawei After Secret Funding Exposed

(Bloomberg) The Optica Foundation will no longer accept money from Huawei Technologies Co. for a competition to fund cutting edge-research at US universities, the group’s chief executive officer said, after Bloomberg News reported the Chinese company was secretly funding the program.Most Read from BloombergBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansVietnam Tycoon Sentenced to Death Faces New Charges: MediaBi

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U S Lawmakers Lambast Optica Foundation For Accepting Millions In Funds From Huawei, Organization Claims That There Was Nothing Unusual About This

Huawei was earlier found to be transferring funds to a U.S. foundation called Optica, which is now under fire from government officials

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Huawei-Funded Research at US Institutions Is Subject of House Probe

Huawei-Funded Research at US Institutions Is Subject of House Probe
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United statesElizabeth roganFrank lucasOptica roganZoe lofgrenOptica foundationHuawei technologies coHouse of representatives committee on scienceHuawei secretly backs us researchBloomberg newsHuawei secretly backsAwarding millionsRepresentatives committeeOptica chief executive elizabethOptica foundation challengeRepresentative zoe lofgren

Huawei is secretly backing research at U S and U K universities again — Chinese tech giant continues to draw ire

Chinese tech company Huawei has been caught surreptitiously funding college research competitions and extending donations to specific universities across the West.

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