The United States military is losing the innovation battle. This is not hyperbole. Ellen Lord, defense undersecretary for acquisition and sustainment, made this point last December. In testimony before the Senate Armed Services Committee, she said, “The current pace at which we develop advanced capability is being eclipsed by those nations that pose the greatest threat to our security, seriously eroding our measure of overmatch.”
Rep. Robert Pittenger (R-N.C.) on efforts to shield U.S. technology from China.
As policymakers debate the government’s role in developing artificial intelligence, a House bill aims to shed light on the emerging technology’s role in strengthening national security. The National Security Commission on Artificial Intelligence Act would create an independent panel to explore recent advancements in artificial intelligence and assess the economic and national security impacts of the budding technology.
Qualcomm, the Trump administration argues, is needed to boost America's lead in 5G research and development. Should the San Diego chipmaker fall behind, Chinese manufacturers could fill the void in U.S. and global markets. That would be a blow for U.S. innovation, as the mass market could be beholden to foreign hardware. Worse, Beijing could have an advantage in discovering vulnerabilities in the technology that it could turn into so-called backdoors used for spying.
President Donald Trump blocked Singapore chipmaker Broadcom from pursuing a hostile takeover of U.S. rival Qualcomm, ruling the proposed combination would imperil national security. The decision, announced late Monday, abruptly ends Broadcom's four-month, $117 billion bid to buy Qualcomm -- a deal that would have been the largest ever completed in the technology industry.
"It is not just China, it is not just chips. It is broad technology. It is U.S. military power and economic power going forward and he's got a very consistent point of view," said Ron Napier, head of Napier Investment Advisors. "Trump has been saying all year long since he was inaugurated that security is very important to him, technology is very important to him, trade is very important to him and getting jobs back to the United States is very important to him. He's making this all into one fabric," he added.
The latest was Washington’s move this week to intervene in Singapore-based Broadcom Ltd.’s attempted hostile takeover of U.S.-based Qualcomm Inc. It ordered Qualcomm to delay a shareholder vote that Broadcom hoped would elevate directors friendly to its $117 billion bid.
As the United States and China look to protect their national security needs and economic interests, the fight between the two financial superpowers is increasingly focused on a single area: technology. The clash erupted in public on Tuesday after the United States government, citing national security concerns, called for a full investigation into a hostile bid to buy the American chip stalwart Qualcomm -- a review that is often a death knell for a corporate deal.
Russian cyberspies pursuing the secrets of military drones and other sensitive U.S. defense technology tricked key contract workers into exposing their email to theft, an Associated Press investigation has found. What ultimately may have been stolen is uncertain, but the hackers clearly exploited a national vulnerability in cybersecurity: poorly protected email and barely any direct notification to victims.
National security officials in the Trump administration are looking at options where the U.S. government could take over a part of the country's mobile network as a way of guarding against China, news outlet Axios reported.