SETEDF

Belkins
The Southeast Texas Economic Development Foundation, as a part of it's mission, provides small business financing options to qualifying enterprises. We recognize the importance of small business as the backbone of the US economy. It is widely accepted and reported by experts, small businesses account for nearly 80% of the workforce, and nearly half of the GDP. Small businesses are crucial to supporting our major industries and the products they produce for the rest of the world. The Southeast Texas Economic Development Foundation is a financial advocate for locally owned businesses seeking to expand existing enterprises or bring a new concept to market.

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LEIDOS ACQUIRES US SECURITY SOLUTIONS COMPANY DYNETICS FOR $1.65BN

army-technology | February 03, 2020

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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...

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AWS EXECUTIVE SAYS NO MISUSE OF ITS FACE BIOMETRICS BY POLICE, TALKS FOREIGN GOVERNMENT SALES

Amazon Web Services | February 20, 2020

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Andy Jassy, Amazon Web Services CEO, would have no problem selling the company’s facial recognition software Rekognition to law enforcement and foreign governments, except to those banned from doing business with U.S. companies, he said in an interview with Frontline, PBS reports. The statement was made last September during the filming of ‘Amazon Empire: The Rise and Reign of Jeff Bezos,’ when filmmakers interviewed six Amazon executives and nine previous employees about the c...

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US GOVERNMENT TO BAN CONTRACTORS USING CHINESE COMPANIES TECHNOLOGY

Huawei | July 10, 2020

news image

The Trump administration is set to finalize regulations this week that ban the United States government from working with contractors who use technology from five Chinese companies: Huawei, ZTE, Hikvision, Dahua and Hytera Communications, according to a Reuters report. The ban was first introduced as a provision in the 2019 National Defense Authorization Act that prevents government agencies from signing contracts with companies that use equipment, services and systems from Huawei, ZTE, Hytera, ...

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DEFENSE DEPARTMENT HALTS HEALTH RECORDS ROLLOUT DURING COVID-19

The Defense Department | April 01, 2020

news image

The Defense Department has temporarily suspended the deployment of its new commercial electronic health records system. According to an official from the Defense Healthcare Management System, the decision will allow military health care providers to better focus on the COVID-19 outbreak. The agency will continue to support eight existing deployments of the MHS Genesis software, the official said. “The MHS GENESIS team highly values people and recognizes the incredible efforts of our provid...

Read More
news image

LEIDOS ACQUIRES US SECURITY SOLUTIONS COMPANY DYNETICS FOR $1.65BN

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...

Read More
news image

AWS EXECUTIVE SAYS NO MISUSE OF ITS FACE BIOMETRICS BY POLICE, TALKS FOREIGN GOVERNMENT SALES

Amazon Web Services | February 20, 2020

Andy Jassy, Amazon Web Services CEO, would have no problem selling the company’s facial recognition software Rekognition to law enforcement and foreign governments, except to those banned from doing business with U.S. companies, he said in an interview with Frontline, PBS reports. The statement was made last September during the filming of ‘Amazon Empire: The Rise and Reign of Jeff Bezos,’ when filmmakers interviewed six Amazon executives and nine previous employees about the c...

Read More
news image

US GOVERNMENT TO BAN CONTRACTORS USING CHINESE COMPANIES TECHNOLOGY

Huawei | July 10, 2020

The Trump administration is set to finalize regulations this week that ban the United States government from working with contractors who use technology from five Chinese companies: Huawei, ZTE, Hikvision, Dahua and Hytera Communications, according to a Reuters report. The ban was first introduced as a provision in the 2019 National Defense Authorization Act that prevents government agencies from signing contracts with companies that use equipment, services and systems from Huawei, ZTE, Hytera, ...

Read More
news image

DEFENSE DEPARTMENT HALTS HEALTH RECORDS ROLLOUT DURING COVID-19

The Defense Department | April 01, 2020

The Defense Department has temporarily suspended the deployment of its new commercial electronic health records system. According to an official from the Defense Healthcare Management System, the decision will allow military health care providers to better focus on the COVID-19 outbreak. The agency will continue to support eight existing deployments of the MHS Genesis software, the official said. “The MHS GENESIS team highly values people and recognizes the incredible efforts of our provid...

Read More

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C-Suite On Deck

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Feature market insights and perspectives from top C-Level executives, elite technology influencers and thought leaders from your company here. This signature initiative has garnered immense support...

Contact Us