Tech execs at White House field ideas for US dominance
Top executives from Google, Microsoft, IBM, Oracle and Qualcomm gathered Thursday at the White House amid strained ties between President Donald Trump's administration and the tech industry and an ongoing trade war with China.
The White House described the Thursday meeting as a listening session to field ideas for securing American dominance in artificial intelligence, quantum computing, advanced manufacturing and faster wireless technology known as 5G.
Trump to meet with several tech CEOs amid rising tensions
WASHINGTON (AP) — President Donald Trump will meet with top executives from Google, Microsoft, Oracle and Qualcomm next week during a White House roundtable that could touch upon some the sticking points in the increasingly prickly relationship between his administration and the technology industry.
SAN DIEGO (AP) — Qualcomm said Wednesday it was dropping its $44 billion deal to buy Dutch chipmaker NXP Semiconductors, a high-profile victim of the rising trade tensions between the U.S. and China.
Instead, the San Diego-based chipmaker said it will pay a $2 billion breakup fee to NXP and spend up to $30 billion buying back its own stock.