Tag: Federal Communications Commission

Biden Orders Ban on U.S. Investments in China’s Sensitive High-Tech Industries

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President Biden escalated his confrontation with China on Wednesday by signing an executive order banning American investments in key technology industries that could be used to enhance Beijing’s military capabilities, the latest in a series of moves putting further distance between the world’s two largest economies. The order will prohibit venture capital and private equity firms from pumping money into Chinese efforts to develop semiconductors and other microelectronics, quantum computers and certain artificial intelligence applications. Administration officials stressed that the move was tailored to guard national security, but China is…

‘Rip and Replace’: The Tech Cold War Is Upending Wireless Carriers

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Deep in a pine forest in Wilcox County, Ala., three workers dangled from the top of a 350-foot cellular tower. They were there to rip out and replace Chinese equipment from the local wireless network. Three hours into the job, the team ran into a hitch. Replacement gear from a European company was obstructing a safety beacon for airplanes. “We’ve got a problem,” a crew member on the ground said. “They say it’s blocking the beacon.” The project had already been delayed for months because of storms, slow equipment shipments…