As companies seek to close growing gaps in skills and talent,

Deloitte US CEO Jason Garzatus believes it's important for organizations to understand their baseline of skills.

There's so many organizations that can't ask and answer the fundamental questions about how much computer science or data management skills do I have or AI development skills in a given domain? By performing a skills

inventory, leaders can truly understand where their efforts should be focused. Being blind to

those gaps is the real miss. Visit Deloitte.com to learn how your enterprise can help successfully

cultivate talent. Here's your afternoon T&B Tech Minute for Friday, December 19th. I'm Julie Chang for the Wall Street Journal.

President Trump has signed into law new powers to screen and restrict U.S. investment into Chinese tech firms.

The new outbound investment provisions are part of the annual National Defense Authorization Act,

and cite entities in China and other nations

of concern that develop dual-use technologies with both commercial and military applications.

The legislation cements a 2023 Biden administration executive order to monitor and in some cases

block U.S. financing of Chinese work on emerging technologies, including

AI, quantum, and advanced semiconductors. A spokesperson for the Chinese embassy in Washington said the

legislation overstretches the concept of national security and would distort normal investment

flows between the two countries. Biomarin Pharmaceutical has struck a deal to buy biotech amicus therapeutics for about $4.8 billion

in cash.

Biomerin makes treatments for rare genetic diseases.

The acquisition will expand its portfolio in treatments, including for the Fabri Enzyme

Disease and a muscle disorder called Pompeii disease.

The deal is slated to close in the second quarter of 2026. And we exclusively report that the administrator for bankrupt

Terraform Labs has filed a $4 billion lawsuit against high-speed trading firm, Jump Trading,

alleging it unlawfully profited from and contributed to the downfall of the crypto firm.

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