Article snippet: MORE on Monday blocked what would have been the biggest tech deal in history, saying the Singapore-based Broadcom’s efforts at a hostile takeover of Qualcomm posed a threat to national security. The announcement came just hours after Broadcom CEO Hock Tan met with officials from the Committee on Foreign Investment in the United States. (CFIUS) to make his case for the deal, according to a source familiar with the meeting. CFIUS had launched an investigation into the national security implications of the deal last week over concerns that it would hamper U.S. efforts to develop 5G wireless networks and other emerging technologies. CFIUS on Monday recommended that the president veto the deal. "Broadcom is reviewing the Order," the company said in a statement. "Broadcom strongly disagrees that its proposed acquisition of Qualcomm raises any national security concerns." In an order released Monday night, Trump said he’d been presented with “credible evidence” by CFIUS that the transaction could threaten U.S. security. In a letter to both companies’ attorneys last week, the interagency panel said it was concerned that Broadcom’s takeover would put at risk U.S. efforts to build next-generation wireless networks, thereby giving Chinese firms the opportunity to take the lead. In another letter released before Monday’s meeting, CFIUS said its national security concerns had been “confirmed” and hinted that it would recommend to the president that he block the deal. Broadco... Link to the full article to read more