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Trump Issues Order To Block Broadcom's Takeover of Qualcomm (bloomberg.com)

Bloomberg reports that President Donald Trump issued an executive order today blocking Broadcom from acquiring Qualcomm, "scuttling a $117 billion deal that had been subject to U.S. government scrutiny on national security grounds." From the report: The president acted on a recommendation by the Committee on Foreign Investment in the U.S., which reviews acquisitions of American firms by foreign investors. The decision to block the deal was unveiled just hours after Broadcom Chief Executive Officer Hock Tan met with security officials at the Pentagon in a last-ditch effort to salvage the transaction. "There is credible evidence that leads me to believe that Broadcom Ltd." by acquiring Qualcomm "might take action that threatens to impair the national security of the United States," Trump said in the order released Monday evening in Washington.

5 of 230 comments (clear)

  1. Re: Not going to mention by Anonymous Coward · · Score: 0, Troll

    Oh please. This investigation has been going on for over a year, with not even a hint of any collusion. The only ones being blinded by partisanship are the left, mad at President Trump for defeating The Annointed One.

  2. Re:Not going to mention by ScentCone · · Score: 0, Troll

    somehow opposing the entire US intelligence community in the process

    Please cite a single source (not including Hillary Clinton) that quotes "the entire US intelligence community" as concluding that the Trump campaign colluded with the Russians. Please, fire away. Feel free to explain how the special counsel's recent indictments of 13 Russians, in which Mueller went out of his way to mention that that there wasn't any collusion, supports your narrative about how the entire intel community says there was. Be specific.

    --
    Don't disappoint your bird dog. Go to the range.
  3. Re:Racism at work by Luckyo · · Score: 0, Troll

    All racists are humans. Therefore all humans are racists. Therefore you are racist and we don't have to listen to you.

    Your argument in a nutshell, but with a slightly wider criteria than one you cast. Or you can stop pretending that Trump is a racist, or that this decision has anything to do with race in any way, shape or form. Your choice.

  4. Re: Racism at work by Luckyo · · Score: 1, Troll

    Nationalism is discrimination based on nationality. Nationality is something that is granted to you by the nation and can be changed through process known as naturalization.

    Racism is discrimination based on race. Race is a characteristic that comes with your genome, and is unchangeable.

  5. Re: Racism at work by Luckyo · · Score: 1, Troll

    This is the modern far left interpretation, which seeks to expand meaning of racism from inherent traits to actions, and then use it as a weapon to gain power and privilege, as you are trying to do.

    It does not make it any less of a malicious lie.