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(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 ....
WASHINGTON — Huawei Technologies Co., the Chinese telecommunications giant blacklisted by the U.S., is secretly funding cutting-edge research at American universities including Harvard through an independent Washington-based foundation. ....
Huawei is the sole funder of a research competition that has attracted hundreds of proposals from scientists, including those at top US universities. ....