A series of allegations have emerged accusing the Obama administration of facilitating intellectual property theft involving ParkerVision, a small Florida-based tech company, and Qualcomm, a major tech giant. ParkerVision's CEO, Jeff Parker, claims that Qualcomm stole its patented microchip technology, which was later utilized in Qualcomm's products and possibly transferred to China. This technology is said to have given China a competitive edge in sectors such as telecommunications and artificial intelligence. A jury initially ruled in favor of ParkerVision, awarding $173 million in damages, but the verdict was overturned by an Obama-appointed judge. The case has drawn attention due to alleged connections between the Obama administration, Qualcomm, and a 2014 fundraiser at the home of Qualcomm's founder, Irwin Jacobs, where President Obama attended. Eric Holder, then Attorney General, is also implicated due to his ties to Qualcomm's lobbying firm. Qualcomm reportedly achieved a 90% market share using the disputed technology. ParkerVision has filed a new lawsuit, with the case expected to proceed to trial. Broader concerns include Huawei's development of 5G chips and China's access to critical technologies, raising questions about U.S. innovation and national security. The legal battle has spanned 11 years.
We reintroduced the Federal Contractor Cybersecurity Vulnerability Reduction Act to close a critical cybersecurity gap! This bipartisan bill mandates federal contractors to adopt vulnerability disclosure policies, strengthening protections against cyber threats. 🇺🇸 This is a… https://t.co/PnqJmOkLUt
Still trying to wrap my head around this. 1. Unanimous jury verdict finds big tech stole one of the most important inventions in history from a small tech company 2. Obama visits big tech CEO's house and raises millions for the DNC 3. WH, DOJ, and big tech company visit the… https://t.co/lwuveaqevF
Today, I reintroduced my ROUTERS Act w/@RepRobinKelly to protect Americans from cyber threats posed by foreign adversary-controlled technology, including routers, modems, or devices that contain both. https://t.co/5eHHJ2kZV6