{"id":519151,"date":"2026-03-05T00:19:08","date_gmt":"2026-03-05T00:19:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/519151\/"},"modified":"2026-03-05T00:19:08","modified_gmt":"2026-03-05T00:19:08","slug":"markets-live-asx-opens-higher-star-entertainment-group-judgment-expected-soon","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/519151\/","title":{"rendered":"Markets live: ASX opens higher, Star Entertainment Group judgment expected soon"},"content":{"rendered":"<p class=\"paragraph_paragraph___QITb\">A big tech industry group has expressed concern to US Secretary of Defense Pete Hegseth about his decision to declare\u00a0AI company Anthropic a supply-chain risk, saying such a designation creates uncertainty for companies that could threaten the US military&#8217;s access to the best products and services.<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;We are concerned by recent reports regarding the Department of War\u2019s consideration of imposing a supply chain risk designation in response to a procurement dispute,&#8221; the Information Technology Industry Council, whose members include Nvidia, Amazon.com and Apple, said in a letter dated Wednesday. <\/p>\n<p class=\"paragraph_paragraph___QITb\">The letter did not directly name Anthropic, instead focusing on the designation and its potential consequences.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Last week, capping off a weeks-long dispute with Anthropic over technology guardrails on Claude tools used by the military, US President Donald Trump announced a federal agency-wide ban on the company\u00a0with a six-month phaseout period, and Hegseth ordered Pentagon suppliers to purge Anthropic&#8217;s prized AI tools from their supply chains.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The letter, sent to Hegseth, also stated that the declaration threatens &#8220;to undermine the government\u2019s access to the best-in-class products and services from American companies that serve all agencies and components of the federal government&#8221;.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The Department of Defense, which the Trump administration has renamed the Department of War, said it &#8220;will respond directly to the authors as appropriate,&#8221; as it does with all correspondence.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The letter is the first significant support Anthropic has received from the tech industry, which includes its investors, suppliers and customers.<\/p>\n<p class=\"paragraph_paragraph___QITb\">In the letter, ITI chief executive Jason Oxman said that contract disputes should be resolved through continued negotiation or selecting alternate providers through established channels.<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;Emergency authorities such as supply chain risk designations exist for genuine emergencies and are typically reserved for entities that have been designated as foreign adversaries,&#8221; Oxman wrote.<\/p>\n<p class=\"paragraph_paragraph___QITb\">He said the department should work through the Federal Acquisition Security Council, which was created to evaluate risk in federal procurement, when considering whether private companies present legitimate supply chain risks.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Many of the council&#8217;s members have long partnered with the federal government and provide &#8220;mission-critical capabilities&#8221; to the Pentagon, Oxman added, suggesting the designation would be disruptive.<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;Our member companies strive to provide best-in-class solutions to meet the needs of US departments and agencies,&#8221; Oxman wrote in the letter, which was also copied to other parts of the government. &#8220;Removing parts of these solutions, as would be required based on recent reports, will be a complex endeavour.&#8221;<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8211; Reuters\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"A big tech industry group has expressed concern to US Secretary of Defense Pete Hegseth about his decision&hellip;\n","protected":false},"author":2,"featured_media":519152,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[2001,64,63,166,2009,99,2003,2005,160,2010,171,2007,2006,2008,2002,2004,1491],"class_list":{"0":"post-519151","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-asx","9":"tag-au","10":"tag-australia","11":"tag-australian-dollar","12":"tag-bitcoin","13":"tag-business","14":"tag-dollar","15":"tag-dow-jones","16":"tag-live-blog","17":"tag-live-update","18":"tag-markets","19":"tag-nasdaq","20":"tag-nyse","21":"tag-sp","22":"tag-share-market","23":"tag-stocks","24":"tag-wall-street"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/519151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=519151"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/519151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/519152"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=519151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=519151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=519151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}