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SAN DIEGO (KGTV) - President Trump issued an order Monday prohibiting Broadcom’s attempt to take over San Diego-based Qualcomm, citing national security.Broadcom had made several efforts to buy the chip maker in recent months. All offers were rejected by Qualcomm, which said the bids undervalued the company.The most recent offer, made in February, was over 1 billion. RELATED: Qualcomm delays shareholder vote on Broadcom takeoverThe possible takeover raised security concerns and led to an investigation by the Committee on Foreign Investment in the U.S. In Monday's release, President Trump reportedly cited national security concerns."There is credible evidence that leads me to believe that Broadcom Ltd. ... might take action that threatens to impair the national security of the United States," the president said in a release, Bloomberg reported.The concerns echo issues voiced in a letter to Trump by Congressman Duncan Hunter, who serves California's 50th District including much of San Diego's East County.RELATED: Paul Jacobs leaves Qualcomm's executive management"I have seen San Diego defense companies suffer massive theft of intellectual property by agents of China’s government and the defense industrial complex with which it is inextricably entwined," Hunter said in a release. "Fact remains, if Broadcom consumes Qualcomm, theft of their intellectual property by China becomes easier.Singapore-based Broadcom has voiced the intention to move its headquarters to the U.S. to ease concerns over the proposed takeover. Hunter responded to that intention saying, "press releases of intentions is not the same as physical action."The takeover attempts coincided with changes in corporate leadership.RELATED: Qualcomm rejects Broadcom's 'best and final' offerOn Friday, Qualcomm announced executive Paul Jacobs -- the son of Qualcomm founder Irwin Jacobs - "will no longer serve in an executive management capacity" but "will continue to serve on the Qualcomm Board."Under the terms of the Presidential Order, all of Broadcom’s director nominees are also disqualified from standing for election as directors of Qualcomm, according to the company.Qualcomm was also ordered to reconvene its 2018 Annual Meeting of Stockholders on the earliest possible date, which is March 23.If Broadcom had been allowed to buy Qualcomm, it would have made the firm the world’s third-largest chip company behind Intel and Samsung.Any buyout would also have had a significant impact on San Diego's economy. Qualcomm was founded in 1985 and is one of the region's largest employers. It employs more than 33,000 people worldwide. 2684
SAN DIEGO (KGTV) - Officers with San Diego Police were in downtown Friday cracking down on drivers, pedestrians, bicyclist and scooter riders violating traffic laws.The department says pedestrian fatalities are rising in California as more people use non-motorized means of transportation. Over the past three years, the San Diego Police Department has investigated thousands of fatal and injury collisions involving cyclists and pedestrians. 455

SAN DIEGO (KGTV) -- Police are investigating an altercation at a University Heights apartment complex that left a man dead early Thursday morning.The incident was reported shortly before 4 a.m. at an apartment building on Howard Avenue near Mississippi Street, according to San Diego police.Police said someone reported two men fighting, but when officers arrived both men were injured.The two men were taken to the hospital, but one of them died from apparent stab wounds, police told ABC 10Ne 502
SAN DIEGO (KGTV) -- Neighbors in Ocean Beach and Point Loma are hoping new surveillance video will help arson investigators find whomever is responsible for a series of fires over the weekend. The video was taken from a yard near one of the fires. It shows a man walking in and out of frame then moments later, neighbors say, another fire stared. The fires all happened early Saturday morning within hours and just miles of each other. Arson investigators are calling the fires suspicious , all of them started in people's backyards. San Diego Police tell 10News they're still working to find out if the fires are related and also looking at the surveillance video to find out if the man in the video is a suspect. Detectives ask that anyone else with video, turn it over to the department. 799
SAN DIEGO (KGTV) — Naval Medical Center San Diego has been selected as one of a handful of sites to participate in a coronavirus vaccine trial.The medical center will participate in phase III trials for vaccine candidate "AZD1222" developed by AstraZeneca, according to the Department of Defense. The trial is looking for participants who are at the greatest risk of the coronavirus, including:Working in an essential job, such as healthcare professions, emergency response personnel, grocery workers, meat-packing plants, restaurant staff, public transit, etc.;Living in densely populated residential environments;Living or working in congregated living facilities such as correctional facilities or nursing homes; and/orA member of a community that has been hardest hit by this pandemic, such as older persons, persons with underlying health conditions, and racial/ethnic groups such as African Americans, Latino, and Native American populations.RELATED: UCSD to participate in national COVID-19 clinical trial, looking for volunteersThe trial is part of Operation Warp Speed, which intends to have a safe and effective COVID-19 vaccine and therapeutics by 2021. To volunteer, applicants can apply online here. In San Diego, applicants should use the site code: NMSD."The Department of Defense continues to play a key role in the development of a potential COVID-19 vaccine," said Tom McCaffery, Assistant Secretary of Defense for Health Affairs. "Now that vaccines have passed the first phases of testing for safety, dosing and response, we are ready to move into the next phase where volunteers are needed to join large clinical studies. We are excited to have several sites identified to support the next steps in the vaccine development process."Joint Base San Antonio Brooke Army Medical Center (site code: BAMC) and Wilford Hall Ambulatory Surgical Center (site code: WHASC), in Texas; Walter Reed National Military Medical Center (site code: WRMC), in Maryland; and Fort Belvoir Community Hospital (site code: FBCH), in Virginia, were the other DoD sites selected to participate. 2096
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