Limiting investment by American Companies in the chinese tech sector because of Serious National Security risks. It would require us firms to disclose investments in sensitive areas such as Artificial Intelligence and ban some investment altogether. Beijing has reacted angrily saying it is gravely concerned about the order. A spokesperson for the Chinese Embassy in washington says the curbs seriously undermine the interests of chinese and American Companies and investors. Republicans have said they do not go far enough. This is a new front in the tech war between two global superpowers, the restrictions prevent American Private equity and Venture Capital firms from investing in high tech sectors investing in high tech sectors in china, such as quantum computing, Artificial Intelligence and advanced semiconductors. The goal is to stop us capital in know how speeding up the development of technologies that could help china develop weapons for use against america in a military conflict. I
attempt by the us and by the way this is bipartisan, not just republicans or democrats, both of them together saying there needs to be a centralised approach to locking and technology that can impact security issues, this one is going to be an issue to stay. thank you very much forjoining us today. staying in the us and turning to the world s biggest entertainment company, walt disney, its boss has told investors it is facing a challenging environment he said his plans are paying off. disney lost 10 million streaming subscribers in the three months to the end of june, most in india were lost the rights to premier league cricket, but it s disney plus streaming division is losing less money and previously. it plans to increase the prices of its premium service in the us as well as launching ad supported streaming for europe to boost audiences. the disney
eye over immigration reform. groups on both side of the debate are launching ad campaigns praising and criticizing the gang of 8 proposal being discussed in the u.s. senate. south carolina is also expected to play a central role in the house s shaping of any immigration deal. john roberts is live from our atlanta bureau with a look at that what is the latest there,. reporter: good morning to you. the fate of immigration reform may come down what happens in south carolina. senator lindsey graham and congressman tray gowdy who heads up immigration reform in the house, say this is time to get this done. the nation needs to figure out what to do about the 12 million people illegally in this country. states like south carolina need to tap into large immigration pool for desperately needed businesses like agriculture and tourism and other service industries who can t find people to work for he will this. they are getting tremendous blowback from organizations like numbers usa say why gra