Government Shutdown Now Impacting U.S. Housing, Mortgage Markets

World Property Journal | January 09, 2019

Government Shutdown Now Impacting U.S. Housing, Mortgage Markets
Since the start of the U.S. Government shutdown on December 21, 2018, all aspects of the federal housing, mortgage, and programs of the real estate industry have been impacted. According to a new survey by the National Association of Realtors of 2,211 NAR members found 75 percent had no impact to their contract signings or closings. However, 11 percent did report an impact on current clients and 11 percent on potential clients.

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President Donald Trump has given the Presidential Medal of Freedom to baseball Hall of Famer Mariano Rivera.

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Akamai Comments on National Security Council and White House Open Source Software Security Summit

Akamai | January 14, 2022

Akamai Technologies, Inc. , the world's most trusted solution to power and protect digital experiences, today participated in the White House Open Source Software Security Summit and released the following statement: Akamai was pleased to participate in the White House Open Source Software Security Summit today, and appreciated the opportunity to share our perspective and recommendations on this important topic. Improving the security of open source software is vital, as it is critical to the internet ecosystem. However, the ability to quickly contain the impact of a vulnerability once it is discovered is equally significant. This meeting was particularly timely, given the recent Log4j vulnerability detection. We applaud the administration's proactive leadership to tackle this important issue, which, if left unchecked, can have far-reaching negative impacts for both the government and the private sector. Akamai asserts that businesses must invest time and resources into open source software to ensure continued innovation and security. Akamai has a long history of working with the open source community and contributing to open standards. This includes work with the Internet Engineering Task Force (IETF), World Wide Web Consortium (W3C), Internet Security Research Group (ISRG), OpenSSL, and the Linux Kernel. We are evaluating how we can expand those commitments this year. Akamai advocates for the following five pillars through continued partnership with our customers — many of which are leaders in their respective industries — and in collaboration with the White House, National Security Council, and broader technology community: Increase visibility into reliance on open source technologies — many companies don't fully know the open source code that lives in their environments. Only by gaining visibility into the network and its code stack can we reliably address security flaws when they occur. Log4j was a black swan event, but serves as a potent reminder that the government and private sector need to prioritize investments into tools and technologies. Identify key open source libraries and support strong ownership and vulnerability management — threat actors comb open source libraries to find vulnerabilities like Log4j. The technology community must provide support — via active participation in projects and financial investment — to the open source communities we depend on. Build reliable containment plans for when exploits are identified — we are never going to eliminate vulnerabilities, so it's essential we have effective containment policies in place to help protect businesses and consumers. We can accomplish this via actionable reporting processes and supporting technology solutions. Improve cross-government and industry information sharing when vulnerabilities are first identified — the more eyes that we can get on a problem, the quicker the problem can be fixed. By building an information-sharing community of trusted security providers, we can ensure that vulnerabilities are addressed and that patches reach wide distribution faster. Expand government authorization of solutions to increase defenses — adversaries evolve quickly, and the government needs to be agile to ensure its defenses can protect important government systems and key infrastructure. In some instances, an emergency authorization of technology from trusted providers would enable fast implementation of solutions not yet FedRAMP certified to quickly enable protection against new threats. About Akamai Akamai powers and protects life online. The most innovative companies worldwide choose Akamai to secure and deliver their digital experiences — helping billions of people live, work, and play every day. With the world's largest and most trusted edge platform, Akamai keeps apps, code, and experiences closer to users — and threats farther away.

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White House Talks with TSMC, Intel to Develop Chip Foundries in the U.S.

Intel | May 11, 2020

The Trump administration’s discussions with chipmakers were reported earlier by the Wall Street Journal, with the report adding that TSMC also has been talking with Apple Inc. Intel is well positioned to work with the U.S. government to operate a U.S.-owned commercial foundry. Taiwan Semiconductor Manufacturing Co (TSMC), on the other hand, has been in talks with the U.S. Department of Commerce about building. The Trump administration is in talks with semiconductor companies about building chip factories in the United States, representatives from two chipmakers said on Sunday. Intel Corp (INTC.O) is in discussions with the United States Department of Defense over improving domestic sources for microelectronics and related technology, Intel spokesman William Moss. “Intel is well positioned to work with the U.S. government to operate a U.S.-owned commercial foundry and supply a broad range of secure microelectronics”, the statement added. Read More: US government agencies have shadow IT infrastructure problem, cybersecurity risks, says GAO Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW), on the other hand, has been in talks with the U.S. Department of Commerce about building a U.S. factory but said it has not made a final decision yet. We are actively evaluating all the suitable locations, including in the U.S., but there is no concrete plan yet, TSMC spokeswoman Nina Kao. Intel Chief Executive Bob Swan wrote a letter to the Department of Defense in late March in which he expressed the company’s willingness to build a foundry - a term used in the industry to reference a chip factory - in partnership with the Pentagon. “This is more important than ever, given the uncertainty created by the current geopolitical environment”, Swan wrote in the letter dated March 30 and seen by Reuters on Sunday. It comes amid increasing diplomatic tensions between the U.S. and China during the coronavirus outbreak, with both sides trading barbs over who is to blame for the spread of the disease after already being involved in trade tensions for almost two years. “We currently think it is in the best interest of the United States and of Intel to explore how Intel could operate a commercial U.S. foundry to supply a broad range of microelectronics,” the letter from the Intel CEO added. The Trump administration’s discussions with chipmakers were reported earlier by the Wall Street Journal, with the report adding that TSMC also has been talking with Apple Inc (AAPL.O), one of its largest customers, about building a chip factory in the United States. TSMC declined to comment on the talks with the iPhone maker. The Journal had also reported that U.S. officials are looking at helping South Korea’s Samsung Electronics Co (005930.KS), which has a chip factory in Austin, Texas, to expand its contract-manufacturing operations in the United States. A Samsung spokeswoman in Seoul declined to comment on Monday. The U.S. Commerce Department and Apple did not respond to requests for comment on Sunday. Read More: Federal Aviation Administration Announces Chosen Vendors to Set Technology Standards for New Drone-Tracking System About Intel Corporation We are a technology leader focused on unleashing the potential of data so that we can fulfill our purpose: Create world-changing technology that enriches the lives of every person on earth. This is our ultimate motivation and why we exist. www.intel.com

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SDL Announces Long-term Enterprise Agreement with US Navy

SDL | October 12, 2020

SDL the intelligent language and content company, announces a long-term contract with the US Navy to standardize the creation, management and delivery of all technical publications on the SDL Contenta Publishing Suite. The Navy Enterprise Subscription License (NESL) agreement re-affirms SDL’s role in the US Navy’s ongoing rationalization, reduction and centralization strategy to lower the total cost of ownership of all technical publications.

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President Donald Trump has given the Presidential Medal of Freedom to baseball Hall of Famer Mariano Rivera.