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Visitors pass in front of the Huawei's stand on the first day of the Mobile World Congress in Barcelonaon on February 27, 2017 in Barcelona.

Lluis Gene | AFP | Getty Images

Visitors pass in front of the Huawei’s stand on the first day of the Mobile World Congress in Barcelonaon on February 27, 2017 in Barcelona.

The FBI raided a Huawei lab in San Diego and set up a sting operation at CES in Las Vegas in January as part of a third investigation into the smartphone maker, according to a new report by Bloomberg Businessweek.

Last week, the U.S. Department of Justice charged Huawei and its chief financial officer, Meng Wanzhou, with an alleged violation of sanctions against Iran. It also charged Huawei for allegedly stealing trade secrets from T-Mobile. The newly reported third investigation similarly deals with trade secrets, but carries the added weight of federal regulations around technologies with the potential for use in defense.

It also sheds light on how far Huawei is willing to go for a competitive edge, and on the extent of FBI fact-finding operations involved in these investigations.

The Businessweek report says executives for an electronics components company, Akhan Semiconductor, aided an FBI investigation into whether Huawei attempted to steal Akhan’s smartphone glass technology that it says is resistant to scratches and is practically unbreakable. The Akahn glass, called Miraj, features a layer of artificial diamond that could also hold implications for defense technology.

The executives were briefed on the lab raid, which took place last week, and wore wires to a meeting with Huawei executives during the annual CES convention last month, according to the Businessweek report. A Businessweek reporter witnessed the sting in a hamburger restaurant in a Las Vegas casino.

Representatives for Huawei, the FBI and Akhan did not immediately return request for comment.

Read the full report at Bloomberg Businessweek.

WATCH: DOJ charges Huawei with fraud, seeks extradition of CFO

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US hedge fund reportedly dumps its entire stake in Barclays

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U.S. hedge fund Tiger Global Management has sold all of its stake in British bank Barclays, according to a report by the Financial Times.

The New York-based hedge fund had been one of the top 10 investors in Barclays and held a stake of 2.5 percent in the bank.

It, however, started reducing its position last summer before selling the entire stake this year, the FT reported on Sunday citing anonymous sources.

Tiger was not immediately available for a comment when contacted by CNBC. Barclays declined to comment on the report.

The exit comes at a time when Barclays is facing pressure from activist investor Edward Bramson forcing his way on to the board. Bramson’s Sherborne Investors holds a 5.5 percent stake in the bank.

According to Reuters, Bramson has in the past urged Barclays to reduce resources allocated to its investment units.

Read the full FT report here.

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Self-folding drone could speed up search and rescue missions

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Mohan Sridharan, senior lecturer at the University of Birmingham’s School of Computer Science, told CNBC via email that foldable drones were being explored by the wider robotics research community, with several concepts currently in development.

“This would indeed help in disaster response, but the stable navigation of such a drone is not a solved problem,” he said. “Also, complex applications such as disaster response pose other challenges related to perception, reasoning, and communication.”

Maria Kamargianni, lecturer in transport and energy at University College London, told CNBC on the phone that privacy concerns would need to be addressed before the drone could be commercialized.

“This is a very promising technology for search and rescue projects, and it’s much more economically viable than existing options. In circumstances where a helicopter or a drone could be used, a drone would be much cheaper to deploy,” she said.

“The technology has lots of other applications as well — for example, it could be used to examine the quality of materials on a collapsed bridge. But technologies must be developed in line with public acceptance of them, so these drones should be designed in a way that notifies the public they are being used by the authorities — this could be done by using distinctive colors. In rolling them out companies would also have to make sure they are not violating personal data regulations.”

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Seven UK lawmakers resign from Labour party citing ‘Brexit,’ ‘bullying’ and ‘anti-semitism’

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Labour MP Luciana Shuker announces her resignation from the Labour Party at a press conference on February 18, 2019 in London, England.

Leon Neal | Getty Images News | Getty Images

Labour MP Luciana Shuker announces her resignation from the Labour Party at a press conference on February 18, 2019 in London, England.

Seven U.K. lawmakers announced their resignation from the U.K.’s main opposition Labour party on Monday.

Speaking first, lawmaker Luciana Berger said that from today the group would sit in the U.K. Parliament as a new group of MPs, known as “The Independent Group.”

Berger cited the party leadership’s failure to address racism against Jewish people as her main reason for leaving as well as an ongoing culture of “bullying.”

“I have become embarrassed and ashamed to remain in the Labour Party,” the Liverpool Wavertree MP said. “I have come to the sickening conclusion that it is institutionally anti-semitic.”

Fellow lawmaker Chris Leslie lambasted the Labour party for forgetting its earlier Brexit commitments and said the party had been hijacked by the “machine politics of the hard left.”

While Labour’s leadership has opposed the U.K. Conservative Party’s Brexit plan, there has been signs in recent weeks that it could offer support to U.K. Prime Minister Theresa May. Leslie called Labour’s position on Brexit a “betrayal on Europe”.

The lawmaker then took a direct shot at the leader of the Labour party Jeremy Corbyn accusing him and his senior party allies of abuse, anti-semitism, and closing down debate with a “narrow, outdated vision.”

“The past three years have shown how irresponsible it would be to allow this leader of the opposition to take the office of prime minister of the United Kingdom,” he said.

Angela Smith, Gavin Shuker, Chuka Umunna, Ann Coffey And Mike Gapes are the remaining five lawmakers that make up the breakaway group.

In a statement posted on the Labour List website, Corbyn said he was disappointed by the decision and that now was a time for people to come together.

“I am disappointed that these MPs have felt unable to continue to work together for the Labour policies that inspired millions at the last election and saw us increase our vote by the largest share since 1945.”

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