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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.
For some reason.
Republicans are retarded.
So we're going to post this story, but completely ignore the news that broke today that the whole "Russian hacked the election" and "Russia colluded with Trump" turned out to be entirely false? The investigation is being closed with nothing found. Turned out to be completely fake news.
Will Slashdot admit that and post a retraction for all their bogus Russian stories?
but Rusher lover? Yeah, he that. Cockholster for Putin, afterall. Damnballs and all this.
This reminds me of a similar deal that was similarly scuttled: the proposed purchase of Fairchild Semiconductor that was then owned by French company Schlumberger, to Fujitsu, a Japanese company. In either case, Fairchild would have been owned by a non-US company from a "friendly" country. National security was the given reason, but Japan's then-growing leadership in semiconductors against US companies was the understory.
Broadcom, Qualcomm, bring back 3com.
I've had enough problems with Broadcom's chips and Broadcom's lack of support for their chips that I think Trump did the right thing here. I tried to bring up a parallel computer on Broadcom's MIPS chip once, eventually decided they were lying about the performance and it couldn't really retire one floating point instruction per cycle. We gave up and switch back to Intel CPUs.
I've abandoned my search for truth; now I'm just looking for some useful delusions.
It is hard enough for us to protect our privacy against the likes of Google. Throwing foreign entities into the mix would be suicide.
Time is what keeps everything from happening all at once.
It has become apparent to me that the man uses the expression to mean whatever he thinks it ought to mean, and has no bearing on the actual definition of the term.
File under 'M' for 'Manic ranting'
so basically, lobbyists for Intel were successful to fend of this merger, as it would've definitely sunk the Intel behemoth.
now they managed to maintain status quo until the next time...
not Trump. Nobody listens to Trump. This became obvious when the stock market stopped reacting to his tweets. He literally said we should ignore due process and take away people's guns. If Obama had done that gun stocks would have gone nuts. When Trump did it not even a blip.
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Do we really want to go down this slope? Unlike utilities, these companies operate in an industry that makes a product that can be made anywhere and by anyone. If we really want to continue this path, then Iâ(TM)m going to ask: Why should a vital part of our national security include products owned, made, and sold by external organizations who have no interest to serve and protect the people that use those products?
The 'national security' excuse is baseless.
Broadcom is a US company, with HQ in California https://www.bloomberg.com/news/articles/2017-11-02/trump-says-broadcom-moving-headquarters-to-u-s-from-singapore
The only issue here is the racial background of Broadcom CEO --- Hock Tan.
With name like that every one can guess s/he ain't a Caucasian (or a Black), hence, 'national security' being declared.
The whole thing boils down to racism , specifically, anti-Chinese sentiment of the USians
I mean I despise the slow merging of gigantic companies into massively powerful companies but this seems against what this president stands for.
wow trump must be really talented to turn a bunch of anticorporate left wing tech hippy nerds into 80s yuppies all of a sudden.
if there's any dog yellow enough to get these folks to stop voting Republican. When Clinton (Bill) moved the Dems to the right the Republicans had to follow suit to maintain their identity. Then the corporate PAC money started flooding in (Thanks! Citizens United) and the Dems moved right as the corp money flowed in and again the Republicans moved further right to compensate.
So now we've got a country where 97% of Americans support Universal Background Checks on guns and zero chance of getting one, Our president just said drug dealers should be put to death and praised China's president for establishing a dictatorship for life.
Are the Republican voters just living in a perfect bubble or do they really just not care as long as it doesn't have a D next to it's name?
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Avago (a Singapore company) purchased that Broadcom and renamed themselves Broadcom.
Avago itself started as the semiconductor division of HP, but was sold off as part of the HP-Agilent divestment to private equity firms.
Broadcom itself is an amalgamation of the various companies it purchased over the years. This probably helps to explain why there isn't much coherence to thier documentation or general business strategy.
See, he is a unifier, only stealthily like a good manager.
You could finish the summary right there, and it would be news. President takes advice, rather than just going with the first thing to pop out of his head, or whatever got the biggest cheer at a political rally.
Quattuor res in hoc mundo sanctae sunt: libri, liberi, libertas et liberalitas.
but it took 2 years to get the ball rolling with Nixon, and there was a lot less corruption there to deal with.
Private Equity and Corporate Raiding is bad news, regardless of race.
Go read up on how the DMCA was pushed through, both domestically and pushes for it internationally.
It was a definite 'domestic security concern'.
Having said that: I would've blocked the purchase by French above that of the Japanese. The French are *KNOWN* to spy on corporate competitors, especially friendly ones. The japanese undercut on prices, but unlike the french and chinese I haven't heard about them using corporate espionage (although plenty of reverse engineering) to get ahead...
....who threatens national security like no other is Trump himself. He should sign an executive order that prevents Trump from engaging in any political and public activities.
Also, anti-chinese sentiments are nationalist, not racist. Conflating the two is a rather basic error.
Its not racism because Chinese is not a race? Seems to be the usual racist logic.
Also it's both. Racial and nationalist. Trying to pretend the two are mutually exclusive is disingenuous at best, but outright lying is a better description.
Also the irony of arguing that it's not one kind of bigotry because it's another, completely related form of bigotry is clearly lost on you. Its the difference between being an arsehole and being an arsehole because one form of irrational bigotry isn't any better than the other.
Calling someone a "hater" only means you can not rationally rebut their argument.
Fake News brought back from the dead. They had nothing except Russian media RT penetration - it's in the f***n PDF itself - nothing is in it more to the truth. Move on kid. You're completely out of your depth.
...the annual tons of production of maple syrup! ...the game of dominoes. All of it. ...whether BBQ is to be properly done with or without sauce. ...the size of the Inauguration Ceremony. ...Turtles. Why is it Turtles all the way down?
his marriage seems more like a business arrangement than a marriage. I can't imagine Melania cares what he does. Any more than Hilary cared what Bill did.
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So you marry a Malay who claims she has 1/4 chinese blood
A mule is a product of a horse and a donkey
Just like a horse, which is 100% horse, Mr. Hock Tan is 100% Chinese
Your wife? She is, unfortunately, a mixed-breed, a mule
In other words, you have married a mule
So not minimal at all. ALL books in English have minimal differences in content: they use nearly all of them all 26 letters of the alphabet. Calling that minimal difference is as moronic as your case.
The genetic difference in genes in outside africa ethnic groups is less than that between two different ape families. 90% of human genetic difference is INSIDE AFRICA ALONE. The reason why inbreeding in humans is so bad so quickly compared to even the limited gene stock of animals is because human genetic diversity is so much smaller between humans than between the precisely same breeds of, say, horse.