Bipartisan antitrust legislation aimed at Amazon, Apple, Facebook and Google could hurt U.S. competitiveness, says the Computer & Communications Industry Association, which counts Amazon, Apple, Facebook and Google as members.
The news arrives after tech company leaders met with President Biden to discuss the public-private partnership needed to address security threats.
The $1 trillion spending package includes funds for bolstering cybersecurity posture in critical digital infrastructure.
The executives could discuss security efforts undertaken by critical infrastructure entities, including those in the banking, energy and water utility sectors.
China is increasingly concerned by security issues related to intelligent vehicles, exemplified by the Didi crackdown and pressure on Tesla.
A recent assessment of the deal ordered by regulators reportedly contains worrying implications for national security.
From the Biden administration's pledge to take action to INTERPOL's focus on ransomware as a global threat, governments are looking to help businesses cope with cyberattacks. But can it really work?