In testimony before the Senate on Thursday, Director of National Intelligence Dan Coats warned that the U.S. was behind the curve when it came to preparing and fighting the cyber war, even though digital attacks were “one of the top – if not the number one threat” facing the country.
A unit of a large China-based semiconductor investment fund has agreed to acquire U.S. semiconductor testing company Xcerra Corp (XCRA.O) for $580 million in cash, the companies said on Monday.
China Tech Investment Flying Under the Radar, Pentagon Warns. HONG KONG — China is investing in Silicon Valley start-ups with military applications at such a rapid rate that the United States government needs tougher controls to stem the transfer of some of America’s most promising technologies, a Pentagon report says. There are few restrictions on investing in American start-ups that … Read More
The Trump administration is so alarmed that Chinese investors may try to purchase Westinghouse Electric Co.’s nuclear business that U.S. officials are trying to find an American or allied buyer for the company instead, two people familiar with the matter said.
China’s legislature approved its Cybersecurity Law this past November, solidifying China’s regulatory regime for cyberspace and potentially disrupting foreign companies that use or provide telecommunications networks in China.