China Raids Microsoft Offices in Anti-Monopoly Investigation
Source: Bloomberg
China regulators opened an anti-monopoly investigation into Microsoft Corp., seizing computers and documents from offices in four cities amid escalating tensions with U.S. technology companies.
The government also is investigating Microsoft executives in China, including a vice president, according to a statement posted today on the State Administration for Industry & Commerce website. The regulator urged the company to cooperate after almost 100 SAIC staff inspected the offices yesterday, copying contracts and financial statements.
China stepped up the pressure on U.S. companies after American prosecutors indicted five Chinese military officers in May for allegedly stealing corporate secrets. Microsoft, Google Inc. and Apple Inc. have since been criticized by state media for allegedly cooperating with a U.S. spying program, and Qualcomm Inc. in November disclosed an investigation related to anti-monopoly law.
Theyre playing a long game, said Duncan Clark, the Beijing-based chairman of BDA China Ltd., which advises technology companies. China wants to discourage U.S. security agencies from using American technology companies, while also promoting domestic competitors, he said.
Read more: http://www.bloomberg.com/news/2014-07-29/microsoft-probed-by-regulators-in-china-amid-u-s-tension.html
Diclotican
(5,095 posts)alp227
Why bother do the job making the teck yourself, when you can raid others and steal it, and make it yourself - as PRC have been doing for a loooooong time allready...
Diclotican
L0oniX
(31,493 posts)TygrBright
(20,762 posts)Psephos
(8,032 posts)China is pissed and this signal is about as transparent as it gets.
GOLGO 13
(1,681 posts)<laughing & laughing>
hunter
(38,317 posts)... China building backdoors into hardware they manufacture.
Spy vs. Spy stuff is stupid. I learned that as a kid reading MAD magazine.
Fuck Microsoft, fuck the NSA, fuck all the laundry sniffers and keepers of dirty secrets, here in the U.S.A. or in China.
http://www.spyvsspyhq.com
grahamhgreen
(15,741 posts)They'll just take them, without firing a shot.