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.
MSNBC host Chris Matthews said President Donald Trump is using tariffs to look out for “people that nobody else is looking out for” and argued that tariffs are also very much a “cultural issue” in the Rust Belt.
The Chinese patent system has come a long way since the first intellectual property laws were passed in China in 1985. Many would argue that China’s budding patent system has actually surpassed America’s older and more established patent system (which has been around since 1790 when then-President George Washington signed the first U.S. patent) in speed and efficiency and in providing strong patent protection to innovative companies and emerging startups as well as to individual inventors.
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.
In January, Facebook introduced a major change to its newsfeed algorithm. In a post, CEO Mark Zuckerberg claimed that the change aimed to give greater emphasis to posts from “friends, family and groups” and less to “businesses, brands and media.” The change was followed by a promise to promote what Facebook calls “broadly trusted” news sources on the platform.
The Trump administration is planning to privatize the international space station instead of simply decommissioning the orbiting international experiment in 2024, according to a report in The Washington Post.
A two-year spending package, passed by Congress in the wee hours of February 9 and signed into law by President Trump hours later, could add to the coffers of U.S. science agencies. The bipartisan deal raises the caps on defense and nondefense discretionary spending by nearly $300 billion overall. Nondefense discretionary spending gets a $63 billion boost in fiscal year 2018, and another $68 billion in FY 2019 (the spending year that starts October 1, 2018).
A strong majority of Americans (81%) say it is important for President Trump to assign a high priority to putting science, technology and engineering to work to strengthen our nation's infrastructure. The percentages are high across the political spectrum - 86% of Republicans, 85% of Democrats, 72% of Independents, according to a new national public opinion survey commissioned by Research!America.