The decision of the head of the White house explained the presence of "credible evidence" indicating that the transaction "threatens the national security of the United States".
But the US government, through the Committee on Foreign Investment in the US (CFIUS), put a halt on the proceedings last week due to national security concerns, arguing that Qualcomm operated substantial business with the US government and that the company played a critical role in the United States' position in the development of 5G technology. The takeover was under investigation by the Committee on Foreign Investment in the U.S (CFIUS).
Scott Peters, a Democrat who represents the 52nd congressional district that includes northern San Diego, also opposed the deal because of concerns about national security and USA competitiveness in wireless technology.
"This decision is based on the facts and national security sensitivities related to this particular transaction only and is not meant to make any other statement about Broadcom or its employees, including its thousands of hard working and highly-skilled USA employees", Broadcomsaid. Qualcomm shares fell 4.3 percent.
Rosenzweig added Broadcom could fire Qualcomm management, cut research spending on 5G or stop Qualcomm from participating in the 5G standards-setting process.
Concern over China's potential influence, and rising United States protectionist sentiment, hung over the Singaporean firm's hostile takeover bid.
"The revelation that Intel Corp.is considering buying Broadcom Ltd., a company valued at more than $100 billion, shows the depth to which the chip giant feels threatened by a potential tie-up between Broadcom and its rival Qualcomm Inc.", the paper reported yesterday.
The letter prompted Qualcomm to postpone a March 6 annual meeting, where shareholders were to vote on board candidates, including six nominated by Broadcom.
CFIUS noted that a Broadcom-Qualcomm merger could weaken Qualcomm's leadership in the field. "Given well-known US national security concerns about Huawei and other Chinese telecommunications companies, a shift to Chinese dominance in 5G would have substantial negative national security consequences for the United States". Singapore-based Avago acquired the original Broadcom and took its name.
The administration and members of Congress became concerned about the national security issues of handing over Qualcomm, the largest domestic semiconductor manufacturer and leader of 5G technology, to a foreign entity.
Mr Moorhead likened the idea of merging the companies to mixing oil and water.
In contrast, he said Broadcom is adept at using intellectual property developed by others and making products at low cost, referring to them as "implementors".
Quarterback Case Keenum is expected to sign with the Denver Broncos once free agency opens, according to Adam Schefter. The Denver Broncos have apparently worked out their quarterback situation ahead of the official start of free agency.
Carra was also pulled from Danish channel TV3 Sport, where he was due to analyse the Manchester United clash with Sevilla. Carragher then winds down his window while the girl's dad winds down his passenger side window.
Stahl mentioned MI schools' poor performance , something a University of MI study appeared to confirm previous year . The DeVos interview has already sent a message that schools can be less mindful of stark disciplinary disparities.
Oklahoma has not carried out an execution since 2015 after a series of mishaps, including a botched lethal injection in 2014. He said there is a growing body of research on the use of inert gases on humans because of its use in assisted suicides.
Solder will receive a four-year, $60 million contract with a guarantee of about $35 million, a source told ESPN's Adam Schefter. Solder has been one of the steadiest left tackles in the National Football League since being drafted No. 17 overall in 2011.
The number of people classified as unemployed declined to a seasonally adjusted 96,678, the lowest figure since February 2000. Pulaski County's was 3.7 percent, reflecting an estimated 227 people out of work and a labor force of 6,087.
However the harsh reality is no matter who the Cardinals got at quarterback, Mathieu's days in Arizona were numbered. Highly respected across the league, Mathieu has already received a ton of "pitches" from players around the league.
On March 11 last year, the BJP state headquarters sprang with celebrations as the party returned to power after a 14-year gap. The victories in Phulpur and Gorakhpur of the SP-BSP alliance has proved to be a big setback for the BJP .
The French president also said France was more than tripling its commitment to the ISA alliance. Most of the member countries are located in equatorial regions in Africa and the Indian Ocean.
Kendall Jenner not bisexual but 'down' for gay experience
Appearing on " The Ellen DeGeneres Show ", Kendall was asked if she has "baby fever", and she replied: "But I don't, I don't". While Jenner's hair and makeup was a tried-and-true redux, her outfit was a modern update on a feminine classic: polka dots.
Sooners & Young One and Done at the NCAA Tournament
Matthews led No. 7 Rhode Island to an 83-78 OT win over No. 10 Oklahoma in the first game of the 2018 NCAA Tournament . It would be doubly surprising given how Oklahoma's season went, with the Sooners losing 12 out of their last 16 games.
Bihar bypolls: Nitish congratulates candidates
They have spawned an extremist ideology which is a danger not only to Bihar but also to the country in the coming days. The BJP's Rinki Pandey was leading by over 6,000 votes over Sambhu Patel of the Congress, a RJD ally, in Bhabhua .
Pi Day Google Doodle: Here's How It Was Designed
The doodle was created with help from Dominique Ansel , the pastry chef behind the Cronut , and leads to a search for "Pi Day". Pi Day is an official celebration of the mathematical constant π, also represented by the number 3.14.
Google to ban cryptocurrency and related advertisements
They would intentionally misspell words like "bitcoin" in their ads just so they could continue luring more people to their sites. In 2017, Google took in over $95.4 billion in revenue from advertising, which was an increase from its 2016 revenue by over 20%.
President Trump touring border wall prototypes in San Diego
The state unsuccessfully sued to prevent construction of Trump's wall, claiming he was wrong to forgo environmental reviews. Monday, the administration went as far as to accuse California's laws, bizarrely, of bankrolling human trafficking rings.
Serena sets up Indian Wells showdown with sister Venus
But I have to play a seed regardless, sooner than later most times for the next couple of tournaments, so I have to be ready. Venus won 61 percent of her first-serve points and broke Cirstea's serve six times. "When she's missing, it's not by much".