California abandons plan to tax text messages

San Francisco (CNN Business)California regulators no longer plan to tax text messages. The CPUC’s proposed text tax faced strong opposition from industry trade groups, including CTIA, which represents AT&T Mobility, Sprint, and T-Mobile. (AT&T is the parent company of CNN.) The industry group said the CPUC proposal would have created inequity “between wireless carriers and other providers of messaging services,” such as WhatsApp, iMessage and Skype. In a legal filing, CTIA called the text tax plan “illogical, anticompetitive, and harmful …

Facing extradition to the US, Huawei’s CFO is released on bail in Canada

Vancouver, Canada (CNN Business)The chief financial officer of Chinese tech giant Huawei has been released on bail in Canada, setting her up for a lengthy legal fight over extradition to the United States. The US government alleges that Meng, who is the daughter of Huawei’s founder, helped the company dodge sanctions on Iran. She was arrested December 1 during a layover at Vancouver International Airport. Huawei is one of China’s leading tech companies. It sells more smartphones than Apple (AAPL) …