china-u.s.-croppedU.S. Tightens Restrictions on Huawei Tech

U.S. government agencies will soon be prohibited from buying products and services such as video and telecom from Huawei, the Trump Administration announced this week.

“The new rule will take effect Aug. 13 and applies not only to Huawei, but also a list of other telecom companies that have sparked security concerns, such as ZTE and Hikvision. In addition, the law set a deadline of August 2020 for a broader ban on federal contractors doing business with Huawei or the covered firms,” writes Ylan Mui of CNBC. “Contractors will be able to seek waivers from individual federal agencies if they do not believe their interaction with those companies poses a security threat.”

The ban tightens the restrictions on Huawei, a privately held company with close ties to the Chinese government. Hawks on Capitol Hill fear that equipment and services from the telecom giant could be used for surveillance and espionage against the U.S. and its allies.

cloud computing-croppedPentagon Will Review JEDI Cloud Contract Process

Amazon’s bid to provide massive cloud-computing services to the Pentagon may be in jeopardy as the government promises to take a closer look at the contract process.

“The Pentagon said new Secretary of Defense Mark Esper is reviewing the bid process for the military’s $10 billion cloud-computing contract,” according to a report by the Associated Press. “President Donald Trump has criticized the process, citing complaints from other companies, as potentially biased toward Amazon. The e-commerce giant and Microsoft have been competing for the contract, known as the Joint Enterprise Defense Infrastructure plan, or JEDI.”

Trump has clashed with Amazon CEO Jeff Bezos in the past, leading some to suggest the review is motivated more by politics than by substantive issues. But there’s no question that as Amazon grows in size and power, it will attract more attention from critics on both sides of the political aisle.

tech-food-croppedDigital Technology is Changing the Way We Eat

Innovative digital technologies have enabled companies such as Uber and Lyft to fundamentally disrupt the transportation industry and dramatically change the way we travel.

From my perspective, it seems a similar phenomenon is occurring with restaurant food. By 2020, most restaurant meals will be consumed “off premise,” according to a recent article in The Atlantic.

“The U.S. food industry has seen a major turning point in the past few years and is about to see another,” writes Derek Thompson in The Atlantic. “In 2015, for the first time on record, Americans spent more money at restaurants than at grocery stores … In 2020, more than half of restaurant spending is projected to be “off premise”—not inside a restaurant. In other words, spending on deliveries, drive-throughs, and takeaway meals will soon overtake dining inside restaurants, for the first time on record.”

When you think about it, this represents a truly astonishing transformation of our society, especially in densely populated urban areas. And it simply would not be possible without the innovative application of digital technologies.

As technology leaders, we need to remember that our industry isn’t just changing the way we do business – it’s also transforming the way we live.