President Trump blocks Broadcom’s proposed Qualcomm acquisition

A sign on the Qualcomm campus is seen in San Diego, California, U.S. November 6, 2017.

(Reuters) — U.S. President Donald Trump on Monday blocked microchip maker Broadcom’s proposed takeover of Qualcomm on national security grounds, ending what would have been the technology industry’s biggest deal ever amid concerns that it would give China the upper hand in mobile communications. The presidential order reflected a calcul…Read More

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