The rules don’t appear as strict as those placed on Huawei Technologies Co. earlier this year, according to Bloomberg News. That move ended up forcing suppliers like Taiwan Semiconductor Manufacturing Co. to stop making chips to the Chinese company’s design.
Yet the timing should raise eyebrows. The U.S. Commerce Department is implementing the ban because products sold to the chipmaker pose an “unacceptable risk of diversion to a military end use,” according to a letter from the department’s Bureau of Industry and Security, the report said.
That sounds terrifying. In reality, anything sold to any company could end up having a military use: from an operating system developed by a software maker (armies use computers), to rubber and chemicals made by industrial giants (military trucks have tires).
Despite the increased rhetoric from the Trump administration, the U.S. doesn’t apply arbitrary rules to its definition of military end use. In fact,
UNION, N.J., Sept. 23, 2020 /PRNewswire/ — Bed Bath & Beyond Inc. (Nasdaq: BBBY) has appointed Scott Lindblom as Chief Technology Officer of Bed Bath & Beyond, effective September 28, 2020. Mr. Lindblom will report directly to John Hartmann, Chief Operating Officer and President of buybuy BABY, and will lead the Company’s enterprise technology transformation.
Mr. Lindblom will be responsible for overseeing the vision and execution of Bed Bath & Beyond’s enterprise technology roadmap to support the Company’s digital-first, omni-always customer experience. Mr. Lindblom will work with Mr. Hartmann, leveraging data, analytics, and agile technology development to create efficiencies, enhance performance, and drive innovation across the organization to build operational excellence, create an engaging, differentiated experience for customers and maximize profitability.
COO John Hartmann said, “We are leading an operational and technological transformation to build a more efficient organization and best-in-class omni-always experience for our loyal customers. Scott’s track