Thread regarding IBM layoffs

Anti-China bill being softened after U.S. companies complain

“Certain American companies need to decide whose national security they really care about:

America’s or China‘s?” Pittenger said.

CFIUS has become more cautious since Trump was inaugurated a year ago amid growing political

and economic tensions between the United States and China.

“This is a very high priority. We’re spending a lot of time on it,” said Josh Kallmer, senior vice

president of global policy at the Information Technology Industry Council, which represents some of

the companies asking for changes to the bill. ITIC members include Google parent Alphabet Inc ,

Facebook Inc, IBM Corp , Intel Corp , Qualcomm Inc and a long list of other hardware and software

companies.

So Big Bleu is clearly VERY concerned about making sure they can continue to ensure that the Chinese get as many of our technology secrets as possible, all for the sake of the almighty $$$.

https://www.reuters.com/article/us-usa-regulation-m-a/anti-china-bill-being-softened-after-u-s-companies-complain-idUSKBN1FS1JW

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