Tech juggernauts are returning to Capitol Hill for a new round of hearings

WASHINGTON — Now under attack by POTUS, meet the new wolves of ‘K Street’.

Ahead of tech executives from Facebook, Google, and Twitter heading to more hearings in front of the U.S. Senate, in this video Loup Ventures’ Gene Munster discusses what he expects to hear from these powerful companies.

“Here’s the CODE…”

What are their new agenda items, hidden or otherwise? Legacy policies have eroded, our data and privacy are next to non-existent, artificial intelligence (Ai), social media, and search engine optimization (SEO) algorithms (“algos“) matter—regulations are inevitable.

M&A: A merger or an acquisition? How soon could artificial intelligence and machine learning subsume legislative processes and ‘become one’ with Federal, State, and Local lawmakers when governing bodies can no longer fully embrace software-defined  ecosystems, cybersecurity challenges,  nor keep pace with new technologies?  ‘Swiping left‘ or ‘swiping right‘ for proposals, bills, and votes in near real-time are distinct possibilities with human-in-the-loop machine learning.

Bail-Out: Oversight committees and regulatory demands for discriminatory algorithms, pleas for open source software, or mandatory transparency for pseudo-code or source code will not bode very well for search engine and social media business models.

When industry’s “Secret Sauce” no longer remains secret nor immune from new laws and regulations, alternative value propositions will respectfully be requested from lawmakers and appropriators by lobbyists, stakeholders and shareholders in order for powerful applications and algorithms to preserve industrial dominance across all industry sectors.

Powerful trends toward digital transformation, end-user empowerment, and global policies such as the European Union’s (EU) General Data Protection Regulation (GDPR) are just the beginning.

— Sources: CNBC and BDPA Washington

PTTV | Popular Technology TV

General Dynamics to Acquire CSRA for $9.6 Billion

FALLS CHURCH, VA — General Dynamics (NYSE: GD) and CSRA (NYSE: CSRA) announced February 12, 2018 they have entered into a definitive agreement under which General Dynamics will acquire all outstanding shares of CSRA for $40.75 in cash. The transaction is valued at $9.6 billion, including the assumption of $2.8 billion in CSRA debt.

CSRA is a leading government IT business providing next-generation technology solutions to federal customers. CSRA’s solutions are organized into six service areas: cyber; data and analytics; digital platforms; digital services; enterprise business services; and intelligent business process services.GDit

Headquartered in Falls Church, Virginia, General Dynamics (NYSE:GD) is a global aerospace and defense company that offers a broad portfolio of products and services business aviation; combat vehicles, weapon systems and munitions; C4ISR and IT solutions; and shipbuilding. The company’s 2017 revenue was $31 billion.

Cover photo © 2018 bdpatoday:
CSRA participating with industry during 2017 BDPA Earth Day Tech Summit

AT&T To Acquire Time Warner for $85 Billion

DALLAS and NEW YORK CITY—AT&T Inc. and Time Warner Inc. announced October 22, 2016, they have entered into a definitive agreement under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share. The agreement has been approved unanimously by the boards of directors of both companies.

The deal combines Time Warner’s vast library of content and ability to create new premium content that connects with audiences around the world, with AT&T’s extensive customer relationships, world’s largest pay TV subscriber base and leading scale in TV, mobile and broadband distribution.

att-mobiTime Warner, Inc. is a global leader in media and entertainment with businesses in television networks and film and TV entertainment, uses its industry-leading operating scale and brands to create, package and deliver high-quality content worldwide on a multi-platform basis.

AT&T Inc. connects millions of customers around the globe with leading entertainment, mobile, high-speed Internet and voice services. With TV customers in the United States and 11 Latin American countries, AT&T is one of the world’s largest providers of pay TV. They help businesses worldwide serve their customers better with mobility and highly secure cloud solutions.

The U.S. Government continues its studies and research at the intersection of telecommunications and the rapidly evolving market for video content. Regulatory analysts say this mega-merger would need to win approval from the Justice Department and may require lengthy reviews by the Federal Communications Commission (FCC) . AT&T is expected to offer upfront concessions, such as assuring other pay-TV distributors and wireless operators would still have access to Time Warner programming.

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Sources: AT&T, Inc. , Time Warner, Inc., and The Wall Street Journal

Verizon to Buy XO’s Fiber-Optic Network

WASHINGTON—CNBC reports Verizon Communications, the No.1 U.S. wireless service provider, would buy Carl Icahn-owned XO Communications’ fiber-optic network business for about $1.8 billion.

Verizon said the deal will include XO’s fiber-based Internet protocol and Ethernet networks that will help serve its enterprise and wholesale customers.

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