A group of IT companies has voiced concern over the single contract the Pentagon is expected to release, which would make one company the sole provider for Internet cloud computing services for the Department of Defense. The group is urging the department to consider creating a contract for multiple companies, with IBM executive Sam Gordy warning, "Locking the Pentagon in to a proprietary, sole-sourced cloud environment would eliminate the cost benefits of vendor competition and wall off the US military from new cloud-based innovations in areas such as data security and advanced analytics where other providers are investing heavily."
President Donald Trump has signed into law the Fiscal Year 2018 National Defense Authorization Act, which bans the use of Kaspersky products on federal computers and networks. Sen. Jeanne Shaheen, D-N.H., voiced her support for the measure and said she will continue to fight for improved federal cybersecurity.
Securities and Exchange Commission Chairman Jay Clayton urges investors considering the purchase of cryptocurrencies or participation in an initial coin offering to be certain they fully understand the risks. "If you choose to invest in these products, please ask questions and demand clear answers," he said.
The EU is expected to send a submission to the US Supreme Court regarding the case involving Microsoft's data-protection services. Although the document is not expected to support either party involved in the litigation, critics are concerned that the case could make customers uneasy about using cloud services.
Google plans to open an artificial intelligence research lab in Beijing and will allow the research team to collaborate with AI teams in cities such as London, New York and Zurich, despite the fact that Google's search engine is currently banned in China. The research center will be the first of its kind in Asia, and the company is hoping to tap into the talented tech employees in the country, notes Fei-Fei Li, chief scientist at Google Cloud.
Facebook is offering its internal policy guidelines for fighting sexual harassment as a model for other Silicon Valley tech companies. The company requires training on the topic for managers, uses an investigation process designed to protect employees and allows termination of those who retaliate against co-workers who file harassment claims.