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Congress: Chinese telecom companies pose threat

Monday, October 8, 2012 - 08:35 STR/AFP/Getty Images Staff and visitors walk pass the lobby at the Huawei office in Wuhan, central China's Hubei province on October 8, 2012. A warning’s being issued by the House Permanent Select Committee on Intelligence today. It says there’s a danger of economic espionage and cyber-sabotage from two top Chinese telecommunications companies that are trying to move into the U.S. market. The bi-partisan report -- some of which is classified -- says Huawei Technologies and ZTE Corporation are too close to the Chinese government and could be used to spy on U.S. citizens, businesses and government. Committee chairman Mike Rogers (R-MI) told the CBS News program “60 Minutes” on Sunday, “find another vendor if you care about your intellectual property; if you care about your consumers' privacy and you care about the national security of the United States of America.” Technically, no business deal, equipment purchase or asset sale between a U.S. telecommunications ...

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Found more than 1 month ago on channel Marketplace.org

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United States: Class Action Defense Cases–KPMG v. Cocchi: Supreme Court Reiterates Requirement That State Courts Follow "Concepcion" And Enforce Arbitration Agreements Under The Federal Arbitration Act (FAA) - Jeffer Mangels Butler & Mitchell LLP

Plaintiffs filed a putative class action in Florida state court against various defendants, including KPMG LLP, for damages suffered as a result of investments made with Bernard Madoff.

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Found more than 1 month ago on channel Mondaq

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