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.
The trial of a Fugees rapper, who was convicted this year in multimillion-dollar political conspiracies, stretched across the worlds of politics and entertainment — and now the case is touching on the tech world with arguments that his defense attorney bungled the case, in part, by using an artificial intelligence program to write his closing arguments.
Amazon will soon make prescription drugs fall from the sky when the e-commerce giant becomes the latest company to test drone deliveries for medications.
The new Pixel 8 smartphone released this week by Google includes an AI photo editing software that will allow users to change the expression of a person in pictures.