Microsoft ended the week with the title of the most-valuable company in the U.S., pulling ahead of Apple Friday afternoon at the close of the stock market after days of volleying back and forth. Microsoft’s stock rose slightly Friday, while Apple’s declined about 0.5 percent. This pushed Microsoft to a market capitalization of $851.2 billion vs. $847.4 billion for Apple, per Yahoo Finance.
The Chinese air force aims not just to compete with the U.S. Air Force, but to defeat it. All in pursuit of a uniquely Chinese strategy. To do so, Beijing's air arm buys technology where it can, steals or copies or it where it must and innovates new tech where there's nothing available to buy or steal.
U.S.-China trade tensions are poised to come to a head this week when President Trump meets with Chinese President Xi Jinping, and a major component of those talks will likely focus on intellectual property (IP) theft. Federal officials have repeatedly accused Chinese hackers of stealing trade secrets, saying those actions are the underlying reason for billions of dollars worth of tariffs on imports from China.
Better technology in your vehicle could be making you into a worse driver. Some people are relying too much on those fancy new bells and whistles."Technology supports us as humans, it doesn't replace us," says Martha Meade, the government affairs and public relations manager for AAA Mid-Atlantic.
The Trump administration has received backing from Congress in taking a harder line over protecting critical U.S. technology from foreign threats. In August, President Donald Trump signed a law to strengthen a panel that reviews investments from abroad for national security risks, which was widely viewed as a way to curtail Chinese investment in the U.S.
"Generally speaking, I am not a big fan of regulation," Cook told Axios on HBO. "I'm a big believer in the free market, but we have to admit when the free market is not working. And it hasn't worked here." "I think it's inevitable that there will be some level of regulation," Cook said. "I think the Congress and the administration at some point will pass something."
The Supreme Court grappled Monday with whether to allow a consumer class action lawsuit to go forward against Apple over its alleged monopoly on iPhone applications. The liberal members of the court seemed to side with consumers, who argue they are being directly injured by having to pay more for iPhone apps that are sold exclusively through the technology giant’s App Store.
“They want technology by hook or by crook. They want it now. The spy game has always been a gentleman’s game, but China has taken the gloves off,” said John Bennett, the special agent in charge of the FBI’s San Francisco office, which battles economic spies targeting Silicon Valley. “They don’t care if they get caught or if people go to jail. As long as it justifies their ends, they are not going to stop.”
Robots improve productivity and boost competitiveness, but the United States and Western Europe trail southeast Asia and parts of Eastern Europe in robot adoption, when controlling for wage levels. ITIF examined 27 nations and found the United States ranks 16th, with South Korea, Singapore, Thailand, China, and Taiwan ranking as the top five. To restore U.S. competitiveness, America needs policies that will accelerate robot adoption.
Law enforcement agencies are using a mysterious new tool to unlock criminal suspects’ cellphones and access their text messages, emails and voice messages. Some agencies around the country, concerned about security, are not even acknowledging use of the devices.