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Biden's cybersecurity summit shows interdependence of government and industry

After assembling a team of tough-minded regulators to take on big technology companies, the Biden administration on Wednesday called on many of those same companies to work with the federal government to address a growing wave of cyberattacks.

Driving the news: A White House summit between President Biden and tech leaders Wednesday, including the CEOs of Apple, Google, Amazon, Microsoft and IBM, concluded with a raft of announcements of new cybersecurity projects and spending plans.

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