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The US is urging allies to ban networking products from countries without independent court systems, an approach intended to block China’s Huawei and ZTE from competing for new 5G networks in Europe and Asia.

Pinterest plans to raise about US$1.5-billion dollars in its initial public offering of shares. The digital scrapbooking site will put about 86.3 million shares up for sale at a price between $15 and $17 each.