Tag: National security

Business AcquisitionEnergy Policy

JPMorgan Chase $10 Billion National Security Investment Targets Defense, AI, Energy

JPMorgan Chase has launched a decade-long $10 billion investment initiative targeting industries critical to US national security. The Security and Resiliency Initiative will focus on defense, frontier technologies, energy systems, and advanced manufacturing. CEO Jamie Dimon emphasized the need to reduce reliance on unreliable sources for critical materials and products.

JPMorgan Chase has announced a massive $10 billion investment plan targeting industries it deems crucial to national security, marking one of the most significant private sector commitments to strengthening American economic resilience. The banking giant revealed Monday that it will deploy capital over the next decade into defense and aerospace, frontier technologies including artificial intelligence and quantum computing, energy technology including advanced batteries, and supply chain manufacturing.

Strategic Investment in Critical Industries

by Aaron Blake
Assistive TechnologyBusiness Acquisition

US Retailers Remove Millions of Prohibited Chinese Electronics Under FCC Crackdown

Federal Communications Commission Chair Brendan Carr confirms major US online retailers have removed millions of prohibited Chinese electronics listings. The crackdown targets unauthorized telecommunications equipment from companies deemed national security risks.

In a significant enforcement action, major US online retailers have removed millions of listings for prohibited Chinese electronics following a crackdown by the Federal Communications Commission. FCC Chair Brendan Carr confirmed the removals target equipment either on official barred lists or lacking proper authorization from the regulatory agency.

FCC Enforcement Targets National Security Risks

by Priya Kapoor