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A former software engineer at Google has been charged with stealing artificial intelligence technology from the company while secretly working with two companies based in China, the Justice Department said Wednesday. "The theft of innovative technology and trade secrets from American companies can cost jobs and have devastating economic and national security consequences." Within weeks of the theft starting, prosecutors say, Ding was offered the position of chief technology officer at an early-stage technology company in China that touted its use of AI technology. The indictment says Ding traveled to China and participated in investor meetings at the company and sought to raise capital for it. Three days later, Google officials learned that he had presented as CEO of one of the Chinese companies at an investor conference in Beijing.
Persons: Linwei Ding, Ding, General Merrick Garland, Christopher Wray, Lisa Monaco, Wray Organizations: Google, Justice Department, American Bar Association Conference, Department, Technology, Force, Northern District of, supercomputing, Prosecutors Locations: China, Newark , California, San Francisco, People's Republic of China, United States, Northern District, Northern District of California, Beijing
MIAMI, March 3 (Reuters) - Companies may face steeper penalties for misconduct if they lack policies around employees' use of personal cell phones and messaging apps, a top U.S. Justice Department official said on Friday. The agency will evaluate how companies have crafted policies around the use of such platforms and how they have directed employees on those policies. Use of such platforms, including ephemeral messaging apps, can complicate government investigations into wrongdoing if companies do not retain the records. That is an issue that prosecutors will address as they investigate wrongdoing, Polite told Reuters in an interview. "They will be required to report back to us on an annual basis about both the design and implementation of those policies," Polite said.
The Justice Department is looking to hit lawbreaking corporate executives where it hurts: their paychecks. “Our goal is simple: to shift the burden of corporate wrongdoing away from shareholders, who frequently play no role in misconduct, onto those directly responsible,” Ms. Monaco said. PREVIEWThe use of executive compensation in the fight against corporate crime was first floated by Ms. Monaco in a speech last year. Companies that seek to recoup pay from such employees will be able to deduct it from their own criminal penalties, Ms. Monaco said. Further details about the new policy will be released on Friday, Ms. Monaco said.
The Justice Department is looking to hit lawbreaking corporate executives where it hurts: their paychecks. “Our goal is simple: to shift the burden of corporate wrongdoing away from shareholders, who frequently play no role in misconduct, onto those directly responsible,” Ms. Monaco said. PREVIEWThe use of executive compensation in the fight against corporate crime was first floated by Ms. Monaco in a speech last year. Companies that seek to recoup pay from such employees will be able to deduct it from their own criminal penalties, Ms. Monaco said. Further details about the new policy will be released on Friday, Ms. Monaco said.
The new prosecutors will work with corporations to investigate sanctions and export control evasion, and also bring criminal charges against companies when they commit violations, he said. Some of the additional prosecutors are new hires, while some are being reallocated from different sections, according to officials. The U.A.E.’s enforcement of sanctions differs between the emirates, officials say, as the separate governments treat the sanctions with varying degrees of compliance. For their part, Justice Department officials have pointed to a growing nexus between their work on corporate crime and national security. In addition to hiring more prosecutors, Mr. Olsen said the counterintelligence section would also hire a lawyer to advise on investigations involving corporations.
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