Huawei to sell its undersea cable division

The intrigue: The move comes as the Trump administration continues its push against the Chinese telecom giant, arguing that it might use its expansion across sectors like 5G to spy on Americans. Bloomberg notes that Huawei's undersea cable project "has drawn scrutiny because of its role in building fundamental internet-connection infrastructure."

Worth noting: Huawei did not disclose terms or timing for the deal, which is not formalized and still may change.

Go deeper: Huawei founder says company does not spy for China