US hammers Huawei with 23 indictments for alleged trade secret theft fraud

first_img Tags 16 Huawei T-Mobile Comments Huawei could face a fine of up to either $5 million or three times the value of the stolen trade secret, for conspiracy and attempt to steal trade secrets. The company could also face a fine of up to $500,000 for wire fraud and obstruction of justice.In the second set of indictments, Meng was charged with bank fraud, wire fraud and conspiracies to commit bank and wire fraud. Huawei and Huawei USA are charged with conspiracy to obstruct justice. Huawei and Skycom are charged with bank fraud and conspiracy to commit bank fraud, wire fraud and conspiracy to commit wire fraud, violating the International Emergency Economic Powers Act and conspiracy to violate IEEPA, and conspiracy to commit money laundering. The charges are related to the company’s alleged efforts to evade US sanctions and do business with Iran. Last month, Meng was detained in Canada at the behest of the Justice Department over those claims. While in a Vancouver courthouse to discuss her bail, a lawyer with Canada’s Justice Department alleged she defrauded US banks into making transactions that violated those sanctions, according to Bloomberg.The founder’s daughterNotably, Meng isn’t just the CFO of Huawei. She’s the daughter of the founder and president, Zhengfei Ren. And her arrest doesn’t just have ripple effects across the tech industry; it threatens to blow up an already precarious relationship between the US and China over trade talks.Beyond trade, others see Huawei as a national security issue. “It has been clear for some time that Huawei poses a threat to our national security, and I applaud the Trump Administration for taking steps to finally hold the company accountable,” Warner said. [The case] puts every aspect of Huawei’s business in jeopardy in the US and EU. Maribel Lopez, analyst Now playing: Watch this: 5G smartphones are coming Both the US and China are jockeying for leadership in the next-generation of cellular technology, which promises higher speeds and the ability to handle more connected devices. US officials have offered warnings about Huawei and its ties to China. “There is ample evidence to suggest that no major Chinese company is independent of the Chinese government and Communist Party — and Huawei, which China’s government and military tout as a ‘national champion,’ is no exception,” said Sen. Mark Warner, a Virginia Democrat who’s vice chairman of the Senate Select Committee on Intelligence. Huawei, meanwhile, denied any wrongdoing. “Huawei is disappointed to learn of the charges brought against the company today,” the company said in an emailed statement. “After Meng’s arrest, the company sought an opportunity to discuss the Eastern District of New York investigation with the Justice Department, but the request was rejected without explanation,” Huawei continued. “The allegations in the Western District of Washington trade secret indictment were already the subject of a civil suit that was settled by the parties after a Seattle jury found neither damages nor willful and malicious conduct on the trade secret claim.” T-Mobile declined to comment.Two chargesAccording the first set of indictments, Huawei began stealing information about a phone-testing robot from T-Mobile called Tappy. Huawei engineers allegedly violated confidentiality and nondisclosure agreements by taking pictures of Tappy, taking measurements of parts of the robot and stealing a piece of it. When T-Mobile found out and threatened to sue, Huawei falsely said the theft was done by rogue actors within the company, according to the indictment. T-Mobile sued anyway, and in 2017 won its case against Huawei, with a jury awarding it $4.8 million.Despite Huawei’s insistence that the action was a one-off affair, the Justice Department says emails obtained during the investigation found that the theft of secrets from T-Mobile was a companywide effort. It has been clear for some time that Huawei poses a threat to our national security. Sen. Mark Warner Share your voice Huawei has consistently denied any wrongdoing by Meng. At the World Economic Forum at Davos, Huawei Chairman Liang Hua called for a quick resolution of the case and the release of Meng, according to Reuters.Meng’s lawyer, Reid Weingarten, told Reuters on Tuesday that she was a victim of “complex” China-US relations.”Our client, Sabrina Meng, should not be a pawn or a hostage in this relationship.” he said, using one of her Western names. “Ms. Meng is an ethical and honorable businesswoman who has never spent a second of her life plotting to violate any US law, including the Iranian sanctions.”Huawei also told Reuters that it had sought to discuss the charges with US authorities, “but the request was rejected without explanation.”Over the past few months, Huawei has endured a wave of negative sentiment. UK carrier BT said it’d pull Huawei equipment out of its 4G network and ban it from any future 5G deployments. Japan reportedly banned government purchases from Huawei. Also last month, Andrus Ansip, the EU’s technology chief, warned that Huawei and other Chinese companies pose a risk to the bloc’s industry and security, according to Reuters.All of the negativity could have a trickle-down effect on the company. “[The case] puts every aspect of Huawei’s business in jeopardy in the US and EU, including consumer sales,” said Maribel Lopez, an analyst at Lopez Research. “Instead of being known for innovation, the company is positioned as criminal.”First published Jan. 28 at 2:09 p.m. PTUpdate Jan. 29 at 2:59 a.m. PT: Added Reuters comments from Meng’s lawyer and Huawei.Update at 5:08 a.m. PT: Added comment from Huawei.NASA turns 60: The space agency has taken humanity farther than anyone else, and it has plans to go further.Taking It to Extremes: Mix insane situations — erupting volcanoes, nuclear meltdowns, 30-foot waves — with everyday tech. Here’s what happens. The Huawei logo in Warsaw, Poland. NurPhoto/Getty Images The US Department of Justice on Monday charged Huawei with theft of trade secrets, wire fraud and obstruction of justice.A 10-count indictment alleges that China’s Huawei stole trade secrets from US carrier T-Mobile beginning in 2012. Huawei also allegedly offered bonuses to employees who stole confidential information from companies. In addition, a 13-count indictment charged four defendants, including Huawei and Chief Financial Officer Meng Wanzhou, with financial fraud. The indicted defendants also include affiliates Huawei USA and Skycom.”The charges unsealed today clearly allege that Huawei intentionally conspired to steal the intellectual property of an American company in an attempt to undermine the free and fair global marketplace,” said FBI Director Christopher Wray in a statement. “To the detriment of American ingenuity, Huawei continually disregarded the laws of the United States in the hopes of gaining an unfair economic advantage.”The charges come amid heightened scrutiny for Huawei, the world’s largest supplier of telecom equipment and the No. 2 smartphone maker behind Samsung. The US has already banned Huawei from selling networking equipment here, but a number of other countries have either already ceased working with the company, or are considering a ban. The Chinese government and Huawei have said the moves could have ramifications since the company contributes to industry-standard wireless technologies like 5G. Phones 2:25last_img read more

Photo Gallery 50 Years After MLKs Death A Look At His Life

Photo Gallery 50 Years After MLKs Death A Look At His Life

first_img– / 17Martin Luther King Jr. was 39 when he was assassinated on the evening of April 4, 1968, in Memphis, Tennessee, and he had already become one of the world’s most well-known figures.He helped organize the Montgomery bus boycott in 1955 after Rosa Parks was arrested for refusing to give up her seat on a city bus.He famously delivered his “I Have a Dream” speech during the 1963 March on Washington, calling for equality among the races.He pushed for federal civil rights legislation that was eventually enacted and won the Nobel Peace Prize for his work. King’s example, and his insistence on nonviolent protest, continues to influence many activists pushing for civil rights and social change. Sharelast_img read more

Mike Hopkins The Wall Street Journal reports  that

Mike Hopkins The Wall Street Journal reports  that

first_imgMike HopkinsThe Wall Street Journal reports  that Time Warner has been in talks with current owners Comcast, The Walt Disney Company and 21st Century Fox about becoming an equal stakeholder in the platform.This would mean each of those companies, whose stakes currently sit around 33.3%, would drop down to 25%, with Time Warner also taking a quarter of the shareholding.A deal is likely to value Hulu at around US$5 billion (€4.6 billion) to US$6 billion. It would also mean only CBS Corp. is the media group with a US broadcast network that doesn’t have a stake in Hulu.CBS has chosen to go its own route with its CBS All Access platform, which recently announced a new Star Trek series as its first exclusive original.Time Warner owns the Burbank-based Warner Bros. studio; and Turner Broadcasting System, which houses TNT, TBS and Cartoon Network; and premium cable HBO.According to WSJ sources, the current backers see Time Warner investment as giving Hulu a better footing against the increasingly powerful Netflix and Amazon Prime Instant Video.They had tried to sell the company back in 2013, with Time Warner Cable – spun out of Time Warner in March 2009 – considered to be a frontrunner for an acquisition at the time.The sale process was scrapped and the partners then injected US$750 million in the business.  Reports at the time suggested a 25% stake sale to TWC could have still gone ahead.Hulu made an equity loss in the recent quarter ending October 3 due to higher content and marketing outlays, which have rocketed over the past 18 months, but investment will continue to go up in the next year, Disney revealed last week.last_img read more

While traditional broadcasters in the US have hist

While traditional broadcasters in the US have hist

first_imgWhile traditional broadcasters in the US have historically been confronted with more, and more rigorous, regulation than emerging internet and new media giants, the solution should lie more on the side of reducing regulation on traditional player rather than imposing new regulations on the likes of Facebook and Google, according to Congressman Greg Walden of Oregon, head of the House Energy and Commerce Committee with oversight over broadcasting relocation costs.Greg WaldenSpeaking at the NAB Show in Las Vegas ahead of Facebook CEO Mark Zuckerburg’s appearance before his committee this week, Walden said that his preference would be for a lifting of some of the regulatory burden currently placed on broadcasters rather than new regulation on big tech that could stifle innovation.Walden said the current scandal around Facebook’s protection of consumer data or lack thereof was a “serious matter”, but added that the powers already exercised by the Federal Trade Commission could help address some of the concerns raised.Walden said Zuckerburg was “an incredible innovator” but did concede that Silicon Valley companies had “never been regulated”. However, he said, to level the playing field with broadcasters it would be preferable to clean up and remove regulations that are now out of date or unnecessary, rather than to introduce a much heavier regulatory regime for big tech companies.“I am more on the light touch regulation side – to clean out the underbrush of legacy regulation,” he said.Walden, who had a background in local broadcasting before entering politics, said that it is important for broadcasters “not to presume” that legislators had a clear understanding of the broadcast business or new media platforms.He said that, currently, Facebook and other internet companies do not face the same public service duties as those imposed on broadcasters, and added that it was important for tech companies to take responsibility to ensure that properly sourced news journalism is prominent.Walden said that “what is lacking on the internet is any editor” to ensure that news if fact-checked, and added that this could have an impact on the health of democracy.last_img read more

The role of galaninlike peptide in regulating feeding behavior and energy metabolism

first_imgReviewed by Kate Anderton, B.Sc. (Editor)Dec 25 2018Galanin-like peptide (GALP) is a short peptide made up of 60 amino acid residues. This sequence is homologous across several species. The hypothalamic arcuate nucleus is the place where GALP is produced. GALP has diverse physiological effects such as the regulation of feeding, energy metabolism, and reproductive behavior. Neurons that contain GALP also express leptin receptors; at the same time these neurons form a network in the hypothalamus and these contain various amounts of peptides that regulate their feeding behavior.Related StoriesDiet and physical exercise do not reduce risk of gestational diabetesNew protein target for deadly ovarian cancerMetabolic enzyme tied to obesity and fatty liver diseaseNew research has shown that, GALP consists of anti-obesity action when it comes to its role in consumption of food and nutrition. After the administration of GALP into the lateral ventricle a decline in the respiratory quotient was also found. It is inferred that because of GALP, lipid metabolism could be accelerated. This is a recently discovered physiological action for this peptide.In this review, recent research about how GALP regulates feeding and energy metabolism has been summarized. Attention on the regulation mechanism of lipid metabolism that takes place in peripheral tissues through the autonomic nervous system is also given. The effectiveness of the nasal administration of GALP is also presented from a perspective of basic research and clinical application.Source: https://benthamscience.com/last_img read more

Japans new Airbnb law a doubleedged sword

first_img Explore further © 2018 AFP This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Rental platforms like Airbnb are hoping for a boost from a new law coming into force next month in Japan ahead of an expected surge in demand for the 2020 Olympics, but experts warn it could actually hamper business in the short-term. Currently anyone renting out a room risks falling foul of the law but short-term rentals will be legalised on June 15, clearing up a legal grey area.But the new law also introduces fresh restrictions, dismaying many who rent out rooms to tourists via Airbnb or similar platforms.Would-be renters will have to register their lodgings with the authorities and the new law limits total overnight stays to 180 days per year.The new legislation allows local authorities to impose their own restrictions too.The tourist-magnet of Kyoto, for example, has said it will only permit rentals in residential areas between mid-January and mid-March, the low season for tourist arrivals.Jake Wilczynski, Airbnb spokesman for Asia-Pacific, told AFP the new laws are a “clear sign that Japan is buying in to the idea of short-term rentals for individuals”.But many have cancelled reservations or simply taken their lodgings off the platform.”Under the new law, Airbnb hosts will not be able to accommodate guests as easily as before. I hope this doesn’t put the bar too high for us,” 41-year-old Nobuhide Kaneda, who rents out a room in Tokyo, told AFP.On an Airbnb discussion forum, an Australian host identifying herself as Narelle wrote: “I am… becoming frustrated that no one knows what is required.””I also feel the three-month timeframe to organise a notification number is unrealistic.”‘Waiting for instructions’Airbnb does not say how many properties on its platform already comply with the new laws but does not deny there have been some teething problems.Wilczynski said the firm was “in the process of discussing the issue with the Japanese Tourism Agency”.”We are waiting for instructions,” said the spokesman for Airbnb, which has informed its members of the legal changes.Despite the new restrictions, there is a huge potential market for short-term rentals as the country gears up for Tokyo 2020 and the Rugby World Cup the previous year. There will likely be strong demand for short term rentals during the 2020 Olympics in Tokyo In Denmark, Airbnb to report hosts’ rent to tax authorities Airbnb rentals have boomed in recent years, driven by an increase in tourism and a surprising lack of hotel infrastructure. With around 60,000 listings, Airbnb dominates the Japanese vacation rental market, even though it lags far behind many countries in Europe—France, for example, has 450,000 listings.And demand is poised to rise as Japan targets an influx of 40 million visitors in 2020 when it hosts the Summer Olympics—up from 29 million last year.Yasuhiro Kamiyama, CEO of Hyakusenrenma, a local firm that manages 2,000 private rentals, said the new law will begin to “normalise Japan’s Airbnb market”.He hopes to have 30,000 rental properties on his books by 2020.Mizuho, a research institute, said that “vacation rental services are unlikely to rapidly expand after (the law’s) introduction. But the potential needs are great among foreign tourists, particularly from Asia.”However, the loosening of the law will also open the door to fierce competition.E-commerce giant Rakuten is planning to launch a property rental site as soon as it comes into effect and telecom group KDDI has also set up a reservation platform.Hotel chains will also be stepping up their game, building new sites to counter “the risk of a shortage” come 2020, according to a recent research note from Mizuho. ‘Noisy neighbours’An additional problem faced by potential hosts is opposition from neighbours, who worry about noise from holidaymakers or security.According to Japanese media, there have been several cases of management companies or co-owners banning sub-lets in their buildings.Soichi Taguchi, a Japanese tourism official, said the new laws were “urgently needed to ensure public health and prevent trouble with local residents”.But Airbnb called such incidents “extremely rare”, and Hyakusenrenma’s CEO said “all the problems have stemmed from illegal rentals because neighbours did not know who was operating them”.In a bid to overcome such local difficulties, some platforms offer extra services to manage rentals, such as providing the welcome to guests, handing over keys and showing them around the property.Airbnb has forged a partnership with a service provider which registers properties with local authorities, and arranges wireless internet and cleaning after the rental. Citation: Japan’s new ‘Airbnb law’: a double-edged sword (2018, May 20) retrieved 18 July 2019 from https://phys.org/news/2018-05-japan-airbnb-law-double-edged-sword.html Nobuhide Kaneda (left) rents his apartment to Max Ikeda (back right), a Ukrainian-Japanese living in Hiroshimalast_img read more

BJP Congress spar over Chinese aid to Masood Azhar

first_imgRahul Gandhi Indian National Congress RELATED COMMENT As China vetoed a possible UN declaration that Masood Azhar is an international terrorist, the Congress alleged that the Narendra Modi government is failure in building a diplomatic offensive against terrorism. The party alleged that Modi is weak in countering terrorism and the help China is providing to Pakistan.Congress president Rahul Gandhi said a weak Modi is scared of Chinese president Xi Jinping. “Not a word comes out of his mouth when China acts against India. NoMo’s China Diplomacy: 1. Swing with Xi in Gujarat 2. Hug Xi in Delhi 3. Bow to Xi in China,” Gandhi said in Twitter.Also read: `Jawaharlal Nehru “original sinner”, favoured China for UNSC seat’Countering this, BJP leader and Law Minister Ravi Shankar Prasad said Rahul Gandhi is in a celebratory mood when country stands failed by this attitude of China. “Your tweet would be shown in the office of Jaish-e- Muhammad with much merry…I ask with great pain today that what is the Congress’s commitment today to fight against terror,” he told reporters here on Thursday.He added that the Congress president’s tweet must be headline news in Pakistan. “You feel very happy seeing your news in Pakistan,” Prasad added. “As per your utterances, you enjoy a close relationship with China…when you went to Mansarovar, you said you are in touch with Chinese officials…so why could not you persuade China to take action Masood Azhar,” he asked.Later, addressing a press conference, Congress leaders Randeep Singh Surjewala and Shaktisinh Gohil said blocking of Masood Azhar from being declared as an international terrorist by China is major setback for global fight against terrorism. “It once again reaffirms Chinese position of being an inseparable ally of terrorism’s breeding ground i.e Pakistan. Sadly, Modi’s foreign policy, or lack thereof has been a series of ‘diplomatic blunders’, one after another,” the leaders said.They added that the present situation also arises out of failure of a weak kneed Modi Governemnt, bending over backwards before China over last five years, which has culminated into the present state of things. They said Modi remained silent when India’s interests were repeatedly compromised. “China built a full-fledged military complex in Doklam only10 metres from Indian Army posts. China intruded into the ‘Chicken Neck’ – Siliguri Corridor through South Doklam. China built China-Pak Economic Corridor (CPEC) through PoK/Balochistan worth $ 54 billion connecting Gwadar Port in Arabian Sea to China with base for Chinese submarines. China conducts mining on Arunachal border and attempts to build tunnels,” they said.China upgrades air base near Sikkim. China blocks India’s membership of Nuclear Suppliers Group asking for parity with rogue Pakistan. China opposes India’s membership of UN Security Council. Recently China ‘firmly opposed’ PM Modi’s Arunachal visit,” they added. COMMENTS Pakistan China BJP March 14, 2019 China again blocks bid at UN to list JeM chief Masood Azhar as global terrorist SHARE terrorism (crime) SHARE SHARE EMAIL Published onlast_img

Catalonia leader to be tried over separatist propaganda during election

first_imgMany of the politicians and civil leaders involved in a failed push for secession for the wealthy region two years ago were subsequently arrested, and are now awaiting the decision of the courts, or fled the country and live in self-imposed exile.Spain was plunged into its worst political crisis in decades in 2017 when the then-government of Catalonia called a referendum on secession and then unilaterally declared independence, actions that were both ruled illegal by the constitutional court.The central government invoked a constitutional law to take over the regional authority and called an election, however pro-secessionist parties won a majority and put Torra, a pro-independence activist, in as regional leader. In a letter to the electoral body that made the order, Torra said in March he would not remove the ribbons as he had a duty to respect the right to freedom of expression of public employees. Polls show around half of the electorate in Catalonia supports independence while the other half wishes to stay within Spain. (Reporting by Paul Day; Editing by Frances Kerry) World 13 Jun 2019 Catalan leaders deny violence, call for dialogue as trial nears end Related News World 23 Apr 2019 Spanish general election candidates clash over Catalonia Related Newscenter_img World 14 Apr 2019 Spain’s Sanchez hardens position on Catalonia ahead of election MADRID (Reuters) – The leader of the Spanish region of Catalonia, Quim Torra, will be tried for disobedience after he failed to obey an order to remove separatist propaganda from public offices during election campaigning, the regional court said on Friday. During campaigning for national and local elections in April and May regional leaders were required to remove partisan messages from public offices. But Torra continued to display yellow ribbons – a protest against the jailing of Catalan independence leaders – from government buildings. He could be removed from office for up to two years for failing to comply with the order. The court announced its intention to try him in a tweet.Torra has said he disobeyed because the order was at odds with a resolution adopted by the Catalan parliament and the character of the yellow ribbons was open to subjective interpretation. {{category}} {{time}} {{title}}last_img read more