Small Business Festival Victoria

Reuters | January 21, 2020

The Trump administration is snubbing Congress by refusing to turn over a report detailing an investigation into national security risks potentially posed by imported vehicles and auto parts, citing pending international negotiations and executive branch deliberations. Congress inserted a provision in a spending bill last month demanding the White House turn over the long-secret government report that U.S. President Donald Trump used to declare in May 2019 that some unnamed imported autos pose ri...

White House | February 12, 2020

Plans to increase the AI and quantum computing budget shows that the Pentagon will no longer be a backseat driver in the development of cutting-edge military tech. Expect US capabilities to grow rapidly and in greater secrecy. The announcement last week that more money of the Trump administration’s proposed $4.8 trillion budget would be earmarked for the Department of Defense and the National Science Foundation is a significant step in the ongoing Artificial Intelligence arms race. Fearful...

IMB Partners | July 30, 2020

IMB Partners made a growth equity investment in Ashburn Consulting LLC ("Ashburn"), a leading Northern Virginia-based information technology consulting firm that specializes in providing network engineering and cybersecurity solutions to federal, state and local governments and commercial clients. The investment commences a long-term partnership between IMB and Ashburn. Ashburn, founded in 2002, provides superior, vendor agnostic engineering and IT architecture solutions and is highly ...

Microsoft | February 13, 2020

A federal judge on Thursday ordered the Pentagon to temporarily halt a $10 billion cloud-computing contract with Microsoft after Amazon claimed President Trump caused it to lose out on the lucrative deal. Amazon, which along with its CEO Jeff Bezos has been publicly derided by President Trump, had been considered the favorite to win the government contract. When it was awarded to Microsoft in October, the e-commerce giant filed a suit the next month alleging it was because of interference from T...