In a bewildering act of self-sabotage, the U.S. Trade Representative (USTR) recently walked away from digital trade proposals that are pivotal to safeguarding America’s global technology leadership position. By withdrawing these proposals from the negotiations table at the World Trade Organization (WTO), the USTR has not only undercut America’s global tech prospects, but also strengthened China’s position in the race for tech dominance. […]
In a recent interview with 60 Minutes, FBI Director Christopher Wray didn’t mince words: China runs the world’s largest and most sophisticated hacking operation, and it is pointed directly at Main Street USA, threatening “American jobs, American families, American livelihoods” with “flesh and blood, kitchen-table consequences.” […]
The technology and innovation industry’s rapid growth and unparalleled significance have placed it squarely in the crosshairs of overeager regulators in both the U.S. and Europe. While cloaking their actions as protecting competition, recent moves by these regulators reveal a troubling pattern: a willingness to bypass established laws and norms to advance an increasingly ideological agenda. These misguided actions not only threaten innovations coming out of the technology sector, but we are now seeing the impact it’s having on potential lifesaving technologies in the bio-tech and healthcare sectors too. Unfortunately, this unchecked regulatory overreach will not only undermine innovation and hurt consumers, but it also risks ceding our leadership across a number of industries to China. […]
Every year, Hispanic Heritage Month allows us to celebrate the rich tapestry of the Hispanic American culture and its countless contributions to our society, economy, and history. […]
While China and the United States are engaged in a high stakes contest for global technology leadership, America’s tech industry is coming under renewed attacks – not just from Beijing, but from European policymakers and bureaucrats in our own country. These dangerous actions at home and abroad undermine America’s ability to innovate and compete against China, and threaten to jeopardize our national security, our economic prosperity, and our values. […]
America’s global technology leadership is under a multi-front attack. Last week, as the European Union (EU) announced tough new restrictions primarily on American technology companies, China announced the creation and deployment of a new advanced microchip. This week, as the U.S. Department of Justice begins an antitrust lawsuit against one of America’s largest innovators, Congress will hold hearings on how to regulate artificial intelligence (AI) tools being developed by American tech companies. Given this three-continent challenge to American innovators, it’s important to keep five things in mind, especially as we head full-speed into the 2024 election season. […]
Today, while China and the United States engage in a no-holds barred contest for global technology leadership, America’s allies in the European Union (EU) applied onerous new regulations on the U.S.’s leading tech companies as part of its Digital Markets Act (DMA). This move not only will stifle innovation, but it will also jeopardize the West’s collective security and hand China a significant edge in the tech race. […]
China is waging a sustained campaign to control the future of the global internet. The Communist country is seeking to replace today’s open, accessible, and decentralized internet with a closed, centralized, and censoring version that can be controlled by their government. […]
Last week, FBI Director Christopher Wray spoke at the FBI’s Cyber Threat Summit in Atlanta. Warning of China and Russian hacking efforts against America, he shared four stunning facts: […]
Yesterday, the Biden Administration’s Federal Trade Commission (FTC) and Department of Justice (DOJ) released new guidelines that attempt to turn back the clock to the 1960s on U.S. corporate merger and acquisition (M&A) policy. […]