Here are the two words I know you are longing to hear: Happy Friday. Unfortunately, it's only Tuesday. As small consolation, here are 1,316 more words on the world of tech.
Photo: Ina Fried/Axios
After a high-level White House meeting Monday between administration economic officials and key executives, major American producers of tech hardware still don't know what they can and can't sell to Huawei, China's controversial telecom giant.
Why it matters: Huawei has become a flashpoint for trade tensions and security concerns between China and the U.S., and the tech companies that do business with it have had to navigate a policy maze.
The timeline: The Trump administration issued a near-total ban on business with Huawei back in May.
The White House said, per a statement:
Intel and Micron also issued statements praising the meeting, without offering details.
The bottom line: The Huawei situation remains thorny, with national security experts fearing their concerns will be sold out at the bargaining table, while industry insiders worry that anti-Chinese sentiment will scuttle a vital trade relationship and harm both side's economies.
Apple is reportedly once again in talks with Intel to buy the company's troubled cellular modem business for around $1 billion.
Why it matters: Although Apple recently settled its legal dispute with Qualcomm, the company is widely believed to be interested in developing its own modem capabilities internally and has already hired people from both chipmakers, including at a new office in San Diego.
Between the lines: Intel is in something of a bind. Apple is really the only big customer for standalone cellular modems, but its deal with Qualcomm likely means Intel's business will dry up.
Our thought bubble: It's hard to imagine anyone other than Apple being interested in acquiring the business. The only other likely outcome — Intel shutting the unit — would have downsides for both companies.
Photo: Dave Whitney/Getty Images
All told, the average data breach costs a U.S. company around $8.19 million, according to a new study from IBM and the Ponemon Institute, Axios' Joe Uchill reports.
The big picture: It's not cheap to be breached. But the same study shows that a little foresight can save a large chunk of damages.
Background: The IBM study bases its statistical models on a wide variety of direct and indirect costs, ranging from the price of remediating a breach and paying for customer credit protection to IT downtime and reputational damage.
By the numbers: The average cost in the U.S. was more than twice the global cost of a breach ($3.92 million).
The other side: Companies with an incident response team and a well-tested plan in place saved $1.23 million during a breach.
With 5 months left in the year, 2019 has already set the record for the highest number of television blackouts in history, Axios' Sara Fischer reports, citing new data from the American Television Alliance.
Why it matters: The programming blackouts are happening as a result of an increase in disputes between TV networks and their distributors — mainly cable and satellite companies — over how much networks should charge distributors for the right to air their content.
Driving the news: CBS said Saturday that AT&T dropped CBS-owned television networks from the channel lineups of millions of AT&T customers, including DirecTV, DirecTV NOW and AT&T U-verse TV customers, in markets all over the country.
The big picture: These disputes, driven by a shrinking traditional TV market, are leading to more programming blackouts for consumers, and they are forcing some smaller, niche cable channels out of business altogether.
What's next: Expect more blackouts as major programmers weigh whether to renew distribution deals.
Be smart: Regulators rarely intervene in these fights, even when they're asked to, because they believe such conflicts are best left to the market to handle.
The bottom line: Distribution fights that limit viewer access are becoming much more frequent as the traditional television industry becomes upended by technology.
I guess you would call this mass micro-transit.