China’s Huawei is the subject of a U.S. criminal investigation in which federal prosecutors say the Chinese tech company stole trade secrets from U.S. business partners including technology behind a robotic device T-Mobile used to test smartphones, called “Tappy.” Read the rest “Huawei under U.S. criminal investigation for alleged theft of trade secrets from T-Mobile, other tech companies”
A judge in Canada today granted $10 million bail for Meng Wanzhou, the CFO of China electronics giant Huawei. She has to remain in the Vancouver area, where she has a home. The United States has requested her extradition. China is not happy. Huawai's response follows.
For the past couple of years, the United States has been investigating allegations that Huawei shipped American-made products to Iran. The why of the matter is that having Iran get their mitts on US goods is a violation of the trade sanctions that the United States government imposed on the middle eastern nation.
The Justice Department Investigation into Huawei was kept quiet until The Wall Street Journal broke the news on it this past April. From the looks of things, investigators must have come up with some pretty solid dirt as Canadian law enforcement officials arrested one of Huawei's highest ranking officers, earlier this week:
From The Globe and Mail:
Read the rest “Huawei board member arrested in Canada for Iran sanctions violation”
Canada has arrested the chief financial officer of China’s Huawei Technologies who is facing extradition to the United States on suspicion she violated U.S. trade sanctions against Iran.
Wanzhou Meng, who is also the deputy chair of Huawei’s board and the daughter of company founder Ren Zhengfei, was arrested in Vancouver at the request of U.S. authorities.
“Wanzhou Meng was arrested in Vancouver on December 1. She is sought for extradition by the United States, and a bail hearing has been set for Friday,” Justice department Ian McLeod said in a statement to The Globe and Mail. “As there is a publication ban in effect, we cannot provide any further detail at this time. The ban was sought by Ms. Meng.
Ms. Meng, a rising star at Shenzhen-based Huawei, now the world’s second-largest maker of telecommunications equipment. Reuters reported in 2013 that Ms.
Despite Mark Zuckerberg's internal war on transparency, the Facebook data abuse reveals just keep on coming. Read the rest “Facebook gave user data to 'at least 4 Chinese companies,' including tech giant ID'd as security threat by U.S. intel”