The White House is pleased with Microsoft’s USD 1.5 bn investment in IHC-backed G42 as it led to G42 cutting ties with China’s Huawei, Reuters reports, citing White House technology advisor Tarun Chhabra. Chhabra praised the investment as a “positive development and one that [the US wants] to encourage,” set against the UAE and the Middle East rising as a prominent player in what the news outlet dubs the “tech war between the United States and China.”

REMEMBER- G42 has offloaded its stakes in all its investments in China, reportedly in a bid to appease US partners, and there were suggestions it could also give up its use of Huawei telecom equipment.

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