Hard drive exports to Huawei result in a $300 million fine from the United States.

Hard drive exports to Huawei result in a $300 million fine from the United States.

Seagate, a technology company, has been fined $300 million (£241 million) by US authorities for allegedly violating export controls for hard disk drives to Huawei in China. According to the Department of Commerce, after export controls were implemented in 2020, Seagate Technology shipped goods to Huawei worth more than $1.1 billion. The latest action taken…

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finance and its benefits

What is Finance and 7 types of finance

Finance refers to the management of money and the way in which money is used and allocated over time. It encompasses a wide range of activities such as investing, borrowing, lending, budgeting, accounting, and risk management. Finance involves analyzing and evaluating financial data to make informed decisions about how to allocate resources and manage financial…

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