A China-US Tech War Will Cost the World Dearly

Beijing has ordered its state-owned companies to cut ties with American consulting firms like McKinsey and Boston Consulting Group out of concern that they may leak state and trade secrets to American spooks, according to the¬†Financial Times. This news came just a few days after the American Justice Department publicly indicted five serving Chinese military […]

US Justice Department Charges Chinese with Hacking

The United States charged five Chinese army officers with hacking into private-sector American companies. This is the first cyber-espionage case of its kind. US prosecutors say the officers stole trade secrets and internal documents from five companies and a labor union. Those companies were Westinghouse Electric, US Steel, Alcoa Inc, Allegheny Technologies, SolarWorld, and the […]