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Huawei | January 27, 2020
The U.S. Commerce Department has withdrawn a controversial rule designed to reduce sales to China's Huawei Technologies. The Commerce Department in May placed Huawei on a trade blacklist, citing national security concerns. That allowed the U.S. government to restrict sales of American made goods to the company and a small number of items made abroad that contain U.S. technology. That ruling now appears to have been reversed. President Donald Trump's administration plans a cabinet-level m...
US News | January 28, 2020
An annual congressional report says the U.S. budget deficit is likely to burst through the symbolic $1 trillion barrier this year despite a healthy economy. Tuesday's Congressional Budget Office report follows a burst of new spending last year and the repeal in December of several taxes used to help finance the Affordable Care Act. Those have combined to deepen the government's deficit spiral well on into the future, with trillion-dollar deficits likely for as far as the eye can see. The...
EMERGING TECHNOLOGY
Madison Dearborn Partners | December 05, 2022
Madison Dearborn Partners, LLC (“MDP”), a leading private equity firm based in Chicago, today announced the formation of a partnership with industry-veterans Damon Griggs and Jon Brooks to pursue investments in the federal government technology sector. The former Dovel Technologies (“Dovel”) executives have extensive industry expertise and an impressive track-record of delivering growth, which will complement MDP’s investment experience in the federal government tec...
White House | August 07, 2020
President Donald Trump signed an executive order on Thursday banning transactions with ByteDance, the parent company of popular app TikTok . The White House also announced that he signed a similar order banning transactions with WeChat, a messaging app that is ubiquitous in China, but has a much smaller presence than TikTok in the United States, where it is used mainly by members of the Chinese diaspora, and its owner Tencent Holdings. Both orders will take effect in 45 days, but (and this...
EMERGING TECHNOLOGY, GOVERNMENT BUSINESS
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