China raising the flag of U.S. protectionism after recent cross border corporate takeovers were scuttled over national security concerns. This comes after Alibaba's Ant Financial scrapped its acquisition of MoneyGram. Axios Media Reporter Sara Fischer explains what this means for the future of data security and technology.
"Media is becoming so technology and data focused so any business move to take over a company that would give a Chinese internet company data not only affects those companies in trade, but it affects media and technology," explains Fischer.
The Committee for Foreign Investments in the United States is now taking a closer look at investments Chinese companies and private equity firms are making in U.S. technology companies. Fischer explains CFIUS is concerned giving foreign interests so much access to data would be a national security problem.
NYC just invested $100 million to turn a historic military base into a climate tech proving ground. We went inside the Brooklyn Army Terminal to find out why.
Meet Sprout, the $50K robot Amazon just acquired. It walks, talks and dances. And it's just the beginning of Big Tech's push to put humanoids in your home.
China has a $137 billion robot strategy and installs 9x more robots than America. Now this New York startup is fighting to bring manufacturing back home.
