Exports of U.S. technology industry products and services grew by some $16 billion in 2018, to an estimated $338 billion, according to the annual "Tech Trade Snapshot 2019" report released today by CompTIA, the leading trade association for the global technology industry. The report reveals that U.S. technology exports directly supported an estimated 858,000 American jobs in 2017 - the most recent year of available data - an increase of 5.2 percent over the prior year.
Drone aircraft used to be prohibitively expensive, but now you can buy a camera-equipped drone that talks to your smartphone for under $100. The US Department of Homeland Security has issued an alert that drones manufactured by Chinese firms might have become a little too accessible. The DHS says much of the data collected by these drones ends up on servers in mainland China where the Chinese government can access it.
This week, U.S. Senators Martin Heinrich (D-N.M.) and Rob Portman (R-Ohio), co-founders of the Senate Artificial Intelligence Caucus, unveiled the Artificial Intelligence Initiative Act (AI-IA). The act aims to organize a coordinated national strategy to accelerate AI deployments in government agencies, academia, and the private sector over the next 10 years. It will also see the federal government provide $2.2 billion USD in investments.
"It seems to me it’s time for a time out," House Oversight and Reform Committee ranking member Jim Jordan (R-Ohio) said during the hearing. "[This technology] is virtually unregulated -- but I think that frankly needs to change." The intensifying federal scrutiny comes amid a national debate over the technology, which has attracted the criticism of privacy and civil rights activists and calls for new restrictions.
As regulators prepare to tighten U.S. export controls with an eye toward restricting technology transfers to China, industry groups are pushing back, arguing that overly restrictive rules would cost U.S. industry hundreds of billions in export sales.
There is a lot of 5G hype -- too much, actually -- and it’s much more complicated than the transition to 4G was. On top of complicated technological questions about millimeter waves and modems, there’s also geopolitics, trade wars, gigantic lawsuits between tech titans, and empty buildings in Wisconsin.
It has been more than 10 years since the collapse of Lehman Brothers, which began a global financial crisis and an economic recession - a period of time that fundamentally changed the American economy. Although the data today shows that the country overall has seen economic improvement, the reality is that rural America hasn’t seen the same benefits as urban areas.
President Donald Trump’s new order effectively blacklisting Huawei, the Chinese telecommunications networking equipment maker and smartphone giant, from the U.S. market will not hurt America in the race to build out next-generation 5G wireless technology, a well-known CEO and a top telecom investment banker who did not want to be identified told CNBC on Friday.
With transistors 10,000 times thinner than a human hair -- so small billions can fit on a chip the size of cufflink -- today’s semiconductors are a triumph of innovation and a hallmark of America’s technological prowess. U.S. companies have led the world for decades in producing these tiny chips that power modern technologies and are a big reason America has the world’s most advanced technologies, the biggest economy and the greatest military.
The Justice Department is leaning against approving T-Mobile US Inc.’s proposed takeover of Sprint Corp., according to a person familiar with the review, even after the companies won the backing of the chairman of the Federal Communications Commission. The remedies proposed by the wireless carriers earlier Monday don’t go far enough to resolve the department’s concerns that the deal risks harming competition...