Congress urged to probe Chinese cyber-espionage
Wednesday, November 28, 2012 6:29 PM
WASHINGTON (Reuters) - The U.S. Congress should conduct an in-depth assessment of Chinese cyber spying and consider imposing tougher penalties on companies that benefit from industrial espionage, a federal advisory group said Wednesday. The recommendations by the bipartisan U.S.-China Economic and Security Review Commission reflect its stated concern that China has become "the most threatening actor in cyberspace. ...
U.S. panel urges wariness as Chinese investment grows
Friday, November 16, 2012 10:37 PM
WASHINGTON (Reuters) - China's fast-growing direct investment in the United States has created jobs and helped some firms and localities, but the security and economic risks posed by the large Chinese state role made such investment a "potential Trojan horse," a congressional advisory panel said in a study on Wednesday. The study, commissioned by U.S.-China Economic and Security Review Commission, found that Chinese-owned firms in the United States added between 10,000 and 20,000 workers in the past five years and helped shore up financially troubled U.S. firms. ...
Huawei executive urges Australia not to be swayed by US reaction to Chinese technology firms
Saturday, November 10, 2012 10:10 PM
CANBERRA, Australia - The head of the Australian subsidiary of Huawei Technologies Ltd. has urged Australia not to be swayed by report from the U.S. Congress that referred to the Chinese telecommunications giant as a potential security risk.
Get in line: one Apple store per 216 million Chinese
Sunday, July 8, 2012 1:15 PM
SHANGHAI (Reuters) - Apple Inc has more retail stores in Pennsylvania than in all of China - where it earns a fifth of its revenue - and a slow pace of expansion may cost the firm more than just sales. Apple's six stores in Greater China are routinely packed, and customers often wait in long lines for iPhone repairs. Scalpers are known to camp out to be first in line for new products, which they then re-sell for a tidy profit. ...
Here's What Happens When Chinese Hackers Hit Your Blog
Monday, July 2, 2012 3:36 PM
Jessie Cross has been running a food and cooking blog from her home in Salem, Mass. for four years. She's amassed quite the audience, pulling in 200,000 visitors every month. Her blog became so popular, she was given a deal to publish a cookbook: and that's when the hackers hit.
