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army-technology | February 03, 2020
Leidos has completed its previously announced acquisition of US-based applied research and national security solutions company Dynetics in a deal valued at approximately $1.65bn in cash. Initially announced in December last year, the acquisition was funded by Leidos using excess cash on hand and $1.25bn of short-term borrowing capacity. Dynetics has now become a wholly owned subsidiary of Leidos, and its CEO David King will continue to lead the business, reporting directly to Leidos chairman and...
Huawei | June 24, 2020
The U.S. government sees no loopholes in a new rule aimed at crimping global chip sales to China’s Huawei and will “aggressively” crack down on any bid to disobey the intent of the curb, Commerce Secretary Wilbur Ross said on Tuesday. The rule, released in May, expands U.S. authority to require licenses for shipments of some foreign-made chips to the telecoms equipment giant. It was drafted after China hardliners in the administration became frustrated that Huawei’s black...
Intuit | March 29, 2022
Intuit Inc., the global technology platform that makes TurboTax, QuickBooks, Mint, Credit Karma and Mailchimp, announced that it will vigorously challenge a complaint filed in the U.S. District Court in the Northern District of California by the U.S. Federal Trade Commission (FTC).
In its filing, the FTC inaccurately alleges Intuit’s advertising practices directed consumers who were eligible for free tax filing software from TurboTax or the IRS Free File Program to the compa...
BlackBerry | January 07, 2022
BlackBerry Limited today introduced a new feature of BlackBerry® Jarvis®, the company's software composition analysis tool, that enables those doing business with the U.S. Federal Government to comply with the recent software bill of materials (SBOM) requirement from President Biden's Executive Order on Improving the Nation's Cybersecurity.
Executive Order 14028 requires any vendor, supplier, or provider of technology solutions to the U.S. government to provide...
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