DIRS.INFO The most relevant business & tech news

☆ US admiral says sending Israel and Ukraine weapons like Patriot missiles is eating into what's needed for countering China
▼ + stars: | 2024-11-20 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

"It's now eating into stocks," he said on Tuesday of advanced weapon shipments to Ukraine and Israel. The US Navy's top commander in the Indo-Pacific raised concerns on Tuesday that the Pentagon's advanced weapons shipments to Ukraine and Israel could sap the strength it needs to deal with China. While speaking at the Brookings Institution, Adm. Samuel Paparo said he initially hadn't been concerned with the weapons sent to the Middle East and Europe. Adm. John Aquilino, Paparo's predecessor at Indopacific Command, said in March that China could be ready to invade Taiwan as early as 2027. AdvertisementPress teams for the Pentagon and Indo-Pacific Command did not respond to requests for comment sent outside regular business hours by Business Insider.

Persons: Sam Paparo, Paparo, Samuel Paparo, hadn't, who's, it's, John Aquilino, Mike Miniham Organizations: Pentagon, US, Brookings Institution, Pacific Command, Patriots, Israel, Indopacific Command, US Air Force, Press, Business Locations: China, Ukraine, Israel, East, Europe, Kyiv, People's Republic of China, Russia, Taiwan, Beijing

☆ 11 surprising things from this earnings season, including my favorite stock so far
▼ + stars: | 2024-11-03 | by ( Jim Cramer | ) www.cnbc.com time to read: +17 min

Horton makes the most sense as a Kamala Harris stock because of a promised $25,000 toward a first home. I don't know if either candidate can pull off huge tariffs (Trump) or a credit (Harris). Here are eleven surprising things about this earnings season that you can store up and pull out when the election is confirmed. The deficit will begin to hurt the stock market hard next year even if the economy continues to cool. Away from the hyperscalers, I like Marvell , where CEO Matt Murphy bought $1 million worth of stock in the open market.

Persons: beckons, Joe Biden, Biden, Donald Trump, D.R, Horton, Kamala Harris, Harris, let's, Let's, Trump, haven't, Myers, Abbvie, Eli Lilly, Anat Askenazi's, Abbott, neonatologists, Reckitt, Jim Hurst, Danaher, Jason Hollar, It's, Amgen, That's, Estee Lauder, Parker, Pat Gelsinger's, He's, Matt Murphy, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: U.S, NBC News, White, Ford Motor, Trump, Costco, Volkswagen, Bankers, Banco Santander, Apple, Amazon, GE Vernova, U.S ., Treasury, Merck, NEC, FDA, CDC, NIH, GE Healthcare, Cardinal Health, NPC, Nvidia, Caterpillar, Linde, Devices, heaven's, Intel, Marvell, Micron, Arista, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: Europe, Germany, China, Portugal, Ireland, Italy, Greece, Spain, It's, Santander, —, Bristol, U.S, Taiwan, Eaton, Dover, Norwegian, Caribbean, San Francisco

☆ China is closing a South China Sea surveillance gap with a new radar made to spot stealth aircraft, satellite images suggest
▼ + stars: | 2024-11-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Satellite images appear to show a SIAR system on Triton Island in the South China Sea. China previously built a SIAR system on Subi Reef in the Spratly Islands, further south in the South China Sea and west of the Philippines. "This is an iteration on a long-term Chinese strategy to dominate the sensor space in the South China Sea," he said. AdvertisementLast fall, the Pentagon documented growth in China's intelligence-gathering capabilities in the South China Sea, especially at the Spratlys. China's new SIAR system on Triton Island helps grow its reconnaissance and surveillance network in the South China Sea.

Persons: —, Chatham House's John Pollack, Damien Symon, Maxar, Chatham, Gregory Poling, Michael Dahm, Dahm, Aaron Haro Gonzalez Organizations: Service, Business, Chatham House, Triton, Southeast Asia Program, Asia Maritime, Center for Strategic, International Studies, Pentagon, Aerospace, China Studies, Mitchell Institute, US, Communication, US Air Force Locations: China, South China, South, Chatham, Spratly, Philippines, Hainan, Beijing, Aaron Haro Gonzalez China

☆ China's warplanes have all but erased the dividing line in the Taiwan Strait, creating a dangerous new normal
▼ + stars: | 2024-10-30 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

AdvertisementChina's warplanes are pressuring Taiwan and have all but eliminated an important dividing line, with near-daily incursions creating a dangerous new normal. Since 2020, Taiwan has released regular, almost daily updates on incursions in its air defense identification zone by Chinese military aircraft. In 2021, the Chinese military flew 972 aircraft into Taiwan's ADIZ, and that number nearly doubled in 2022. "We've become desensitized to high numbers of the military aircraft flying across the median line of the Taiwan Strait," Shattuck told Business Insider. AdvertisementChinese incursions are tiring out Taiwan's forcesThe near-daily ADIZ incursions aren't just changing the status quo in the area; they're also exhausting Taiwan's military.

Persons: —, Thomas J, Shattuck, Benjamin Lewis, They're, Nancy Pelosi, We've, hasn't, Lai Ching, of National Defense Yen Teh, Lewis, Lai, Taiwan's, Amanda Hsiao, GAO Organizations: Service, Foreign, Research, deconfliction, Taiwan, Getty, CAP, People's Liberation Air Force, Taiwan's Military News Agency, Anadolu, Getty Images, People's Liberation Army, of National Defense, Democratic Progressive Party Locations: Taiwan, China, AFP, Taiwan Strait, Taiwan's, Getty Images China, Taipei, Washington, Beijing, Taiwan's ADIZ, United States

☆ Small number of North Korean troops are already inside Ukraine, officials say
▼ + stars: | 2024-10-29 | by ( Natasha Bertrand | ) edition.cnn.com time to read: +5 min

CNN —A small number of North Korean troops are already inside Ukraine, according to two western intelligence officials, and officials expect that number to grow as the North Koreans complete training in eastern Russia and move toward the front lines of the war. The North Korean troops’ presence inside Ukraine goes a step beyond what NATO and the Pentagon confirmed on Monday, which is that roughly 10,000 North Korean troops are training in eastern Russia with some en route to Russia’s Kursk region. A US official said the US can not yet corroborate reports that North Koreans troops are already inside Ukraine. The Russians have been teaching North Korean soldiers basic Russian commands in training, like “fire” and “in position,” South Korean lawmakers told reporters on Tuesday. ‘The number may rise’South Korean intelligence has put the number of North Korean troops inside Russia right now at about 13,000, higher than the US and the UK.

Persons: Volodymyr Zelensky, catchup, Matthew Miller, Andriy Yermak, Jake Sullivan, Antony Blinken, Yermak, Sullivan, ”, Sullivan “, ” Miller, CNN’s Haley Britzky, Jennifer Hansler Organizations: CNN, North Koreans, North, NATO, Pentagon, South Korea, Korean, State, National, North Korean, South, Ukraine’s Defense Intelligence, White House, “ Locations: Ukraine, Russia, Russia’s Kursk, Kursk, “, Koreans, Ukrainian, Washington ,, ”, North Korea, Moscow, China, Pyongyang

☆ U.S. proposals to curb AI, semiconductor investment into China under final review
▼ + stars: | 2024-10-22 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

Inside one of Equinix's internal operations at Equinix Data Center in Ashburn, Virginia, on May 9, 2024. Measures aimed at curbing U.S. investments into China in sensitive technologies are in the final stage of review, a U.S. government update showed. Under this set of rules, the Treasury Department will require notification of outbound investments into China in sensitive technologies including artificial intelligence, semiconductors, microelectronics and quantum computing that can be employed for developing military capabilities. The final rules will likely be released within the "next week or so," according to Reuters. In June last year, U.S. Treasury Department released proposals that include potential outright bans on certain investments into China in these cutting-edge technologies.

Persons: Joe Biden, Laura Black, — Organizations: Equinix Data, Treasury Department, Reuters, U.S . Treasury Department, Former Treasury, — Reuters, Treasury Locations: Ashburn , Virginia, China, U.S

☆ Taiwan condemns Chinese military drills around island as ‘unreasonable provocation’
▼ + stars: | 2024-10-14 | by ( Helen Regan | Wayne Chang | ) edition.cnn.com time to read: +5 min

China’s military exercises around Taiwan, a democracy of 23 million people, have become increasingly frequent in recent years and have tended to coincide with events that have angered Beijing. In August 2022, China launched a week of military drills following a visit to the island by then-US House Speaker Nancy Pelosi. Ahead of the drills, the Eastern Theater Command released a propaganda video entitled “prepared for battle” on its social media accounts. The PLA did not say whether the drills involved live fire exercises, and, as of now, China has not launched any missiles. A total of seven Chinese warships plus additional Coast Guard vessels were detected near the Taiwan Strait, according to the ministry.

Persons: ”, Nancy Pelosi, Lai Ching, “, Lai, ” Lai, Communist Party’s, China’s, Xi, Matthew Miller Organizations: Taipei CNN, Eastern, Command, US, Taiwan, Eastern Theater Command, Taiwan’s Defense Ministry, Communist, Communist Party, People’s Liberation Army, PLA, Eastern Command, Guard, United Locations: Hong Kong, Taipei, Taiwan, Beijing, China, Liaoning, Philippines, Communist China, People’s Republic of China, Matsu, Taiwan Strait, United States

Valued at $4 billion in 2021, Cerebras is reportedly seeking to roughly double that in its IPO. The customer, G42, is backed by Microsoft , and it's entirely responsible for the $1.43 billion purchase commitment. G42 can pick up $500 million more in Cerebras shares if it commits to spend $5 billion on the company's computing clusters. The major Wall Street banks, for their part, are finding other ways to play in the burgeoning AI infrastructure market. Fitch, who said he sold out of his Nvidia stock years ago, told CNBC that the benefits outweigh the risks.

Persons: Andrew Feldman, Ramsey Cardy, Cerebras, —, David Golden, it's, prepayment, CFIUS, Mike Gallagher, Gina Raimondo, Goldman Sachs, Morgan Stanley, JPMorgan Chase, Young, There's, Peter Thiel, Eva Marie Uzcategui, there's, Thiel, Jim Fitch, Fitch, Feldman Organizations: Cerebras Systems, Nvidia, Revolution Ventures, JPMorgan Chase, Microsoft, AstraZeneca, GlaxoSmithKline, Mayo Clinic, Treasury, Foreign Investment, Reuters, Chinese Communist Party, JPMorgan, Citigroup, Barclays, BDO, KPMG, Deloitte, Ernst, Riverstone Networks, CoreWeave, Clarium Capital Management LLC, Bloomberg, Getty, Mizuho Securities, Venture, CNBC, Devices Locations: Toronto, U.S, Sunnyvale , California, Abu Dhabi, China, Miami , Florida, Los Angeles, Florida

☆ Chinese hack of telecommunications companies under investigation, NSA chief says
▼ + stars: | 2024-10-07 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +2 min

SEA ISLAND, Ga. — The director of the National Security Agency said Sunday that a Chinese hack of three major telecommunications firms is under investigation but that it remains “premature” to discuss the case. The Chinese Embassy in the U.S. did not immediately respond to a request for comment Sunday night. The FBI and the White House National Security Council declined to comment. Haugh said the NSA and other federal agencies issued an advisory in 2022 warning that cyber operators sponsored by the Chinese government were trying to hack major telecommunications companies and network service providers. “I think what we see broadly from a PRC [People’s Republic of China] threat perspective is they’re going to be very aggressive at critical infrastructure collection operations and targeting our critical infrastructure,” Haugh said.

Persons: ”, Timothy Haugh, ” Haugh, “, Lumen, Haugh Organizations: National Security Agency, Air Force, Street Journal, Verizon, Lumen Technologies, Telecommunications, Embassy, FBI, White House National Security, NSA Locations: China, U.S, PRC, People’s Republic of China, Beijing

☆ ‘Impossible’ for Communist China to be our motherland as we’re older, Taiwan’s president says
▼ + stars: | 2024-10-07 | by ( Nectar Gan | ) edition.cnn.com time to read: +5 min

CNN —It is “absolutely impossible” for Communist China to become Taiwan’s motherland because the island’s government is older, Taiwan’s president has said in a carefully timed speech that underscores the intense historical rivalry between the two. Despite having never controlled Taiwan, China’s ruling Communist Party has vowed to “reunify” with the self-governing democracy, by force if necessary. But many people on the island view themselves as distinctly Taiwanese and have no desire to be part of the People’s Republic of China. In Beijing, the CCP took power and founded the People’s Republic of China (PRC) on October 1, 1949. They later joined Taiwan’s evolution into a democracy and have made significant ideological transformations, including favoring closer ties with Communist China.

Persons: Lai Ching, China’s, “, Lai, Mao Zedong’s, Xi, ” Lai, Lai’s, Republic of China ’, ’, Ling Tao, ” Xi, ” Organizations: CNN, Communist Party, CCP, ROC, Nationalist, Kuomintang, KMT, Democratic Progressive Party, Facebook, Nationalists, Communist China, of, People, Xinhua, “ Locations: Communist China, Taiwan, People’s Republic of China, Beijing, Republic of China, ROC, China, Nationalist, Japanese, Imperial Japan, Mao Zedong’s Communist, Taipei, Taiwan’s, Taiwan Strait, “ Taiwan

☆ Lawmakers from both parties urge Biden to secure the release of Americans imprisoned in China
▼ + stars: | 2024-10-04 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +4 min

Lawmakers are appealing to President Joe Biden to use the remaining time in his term to work for the release of Americans who are “wrongfully detained” in China, saying U.S. officials need to do more to help secure their freedom. “There are more Americans wrongfully detained in China than in any other country. They deserve tenacious advocacy to gain their release,” said Smith and Merkley, co-chairs of the Congressional-Executive Commission on China. China has denied the allegations and says it has treated detained Americans properly and respected their legal rights. Dui Hua, a rights group that advocates for detainees in China, estimates there are more than 200 Americans “under coercive measures” in China.

Persons: Joe Biden, ”, Chris Smith of, Democratic Sen, Jeff Merkley, Smith, David Lin, Kai Li, Mark Swidan, Hua, Li, Biden, Paul Whelan, Evan Gershkovich, Alsu Kurmasheva, Xi Jinping, “, Li’s, Harrison Li Organizations: ” Republican, Democratic, Congressional, Commission, State Department, White, and State Department Locations: China, Chris Smith of New Jersey, Oregon, Washington, Long Island , New York, Texas, Russia, People’s Republic of China, United States

☆ ‘No challenges can stop China’s progress,’ Xi Jinping says in 75th anniversary speech
▼ + stars: | 2024-10-01 | by ( Evelyn Cheng | Evelyn Cheng Is A Senior Correspondent With Cnbc. | ) www.nbcnews.com time to read: +3 min

BEIJING — Chinese President Xi Jinping said Monday that no challenges can stop the country from moving forward and reiterated Beijing’s reunification aims with Taiwan. “The path ahead will definitely see challenges,” Xi said, before calling on the country to overcome uncertainties and risks. “No challenges can stop China’s progress.”The comments were translated by CNBC from a Chinese state media broadcast. Xi did not mention specific countries or trade conflicts in his Monday speech, instead portraying China as upholding globalization. In a 2019 speech commemorating the PRC’s 70th anniversary, Xi had said that no force could sway China’s development, amid festivities involving a military parade and large-scale celebrations.

Persons: Xi Jinping, ” Xi, Xi, Beijing’s, “, ” Organizations: CNBC, Communist Party’s, Macao —, People’s Bank of, Ministry of Finance Locations: BEIJING, Taiwan, People’s Republic of China, Beijing, China, U.S, Europe, Greater China, Hong Kong, Macao, People’s Bank of China

☆ U.S. Coast Guard watching uptick in Russian, Chinese navy activity near Alaska
▼ + stars: | 2024-09-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

TAIPEI — The U.S. Coast Guard is watching an “uptick” in Chinese and Russian navy activity around Alaska and the northern Pacific but encounters to date have been very professional, a senior commander said on Friday. “Russian naval vessels, certainly we’ve seen an uptick in their presence in that particular region. And then what we also see is an uptick in PLAN, the PRC Navy, and the Russian navy working together in that region,” he said, referring to the People’s Republic of China. Tiongson said the U.S. Coast Guard had not been asked to provide escort to Philippine vessels, but had been advising and assisting in other ways. “So when I say advise and assist, we provide to the Philippine coast guard and to others is what we would do in this situation.

Persons: Andrew J, Tiongson, ” Tiongson, they’ll, ”, China’s, Thomas Shoal Organizations: The U.S . Coast Guard, U.S . Coast Guard Pacific Area, PRC Navy, U.S, U.S . Coast Guard, China’s Coast Guard Locations: TAIPEI, The U.S, Russian, Alaska, U.S, Japan, Russia, People’s Republic of China, Canada, Philippines, South China, Philippine

☆ US proposes ban on smart cars with Chinese and Russian tech
▼ + stars: | 2024-09-23 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +5 min

CNN —The US Commerce Department on Monday will propose a ban on the sale or import of smart vehicles that use specific Chinese or Russian technology because of national security concerns, according to US officials. The rule would not apply to cars already on the road in the US that already have Chinese software installed, a senior administration official told CNN. The software ban would take effect for vehicles for “model year” 2027 and the hardware ban for “model year” 2030, according to the Commerce Department. If millions more smart cars with vulnerable, Chinese-made tech are on US roads, “the risk of disruption and sabotage increases dramatically,” he said. “China opposes the US’s broadening of the concept of national security and the discriminatory actions taken against Chinese companies and products,” said Lin Jian, spokesman for China’s Foreign Ministry, in a statement.

Persons: Gina Raimondo, Commerce Department’s, Biden, Raimondo, ” Raimondo, “ We’ve, Jake Sullivan, ”, Lin Jian, CNN’s Shawn Deng Organizations: CNN, US Commerce Department, Commerce Department, Tesla, Commerce, PRC, House, China’s Foreign Ministry, Kaspersky Locations: China, Russia, United States, Europe, Russian

Senior Biden administration officials told reporters ahead of the meeting that the leaders would announce plans to expand an Indo-Pacific Partnership for Maritime Domain Awareness, launched two years ago to include the Indian Ocean region. Analysts said the expected outcomes would mostly build on work that has already been done within the Quad, which Biden elevated to summit level in 2021. It is true in the South China Sea, the East China Sea, South China, South Asia and the Taiwan Strait,” Biden continued. “But I think China’s recent maritime aggression could be changing the equation for India and could be prompting India to become a bit more open to the idea of Quad security cooperation,” she said. Albanese told reporters on Thursday that Canberra and Washington share concerns about China’s security ambitions in Pacific islands countries where Beijing is seeking a growing policing role.

Persons: Joe Biden, Biden, Anthony Albanese, Narendra Modi, Fumio Kishida, Saturday’s, “, ”, Antony Blinken, he’s, ” Biden, Xi Jinping, Jake Sullivan’s, Sullivan, ” Sullivan, “ It’s, Lisa Curtis, Kishida, “ We’re, Donald Trump, Kamala Harris, Albanese, “ We’ll Organizations: United States, Australian, Anthony Albanese , Indian, Japanese, Biden, Pacific Partnership, Maritime, Indian, U.S . Coast Guard, Journalists, China’s, People’s Republic of China, Analysts, East China Seas, Center, New, New American Security, White House, CIA, State Department, congressional Locations: Australia, India, Japan, China, Anthony Albanese ,, Wilmington , Delaware, Southeast Asia, South China, East China, South Asia, Taiwan Strait, People’s Republic of, South, East, Beijing, Asia, New American, U.S, Canberra, Washington, Pacific

☆ The US Navy is planning for possible war by 2027, when China expects it will be ready to invade Taiwan, US admiral says
▼ + stars: | 2024-09-19 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Related storiesFranchetti referenced that assessment again in her speech, saying that it's "what Chairman Xi told his forces, that they should be ready for war by 2027." Fears of a US-China war have further been stoked by Beijing turning more hostile in its territorial disputes with Japan and US allies in the South China Sea. "By 2027, the Navy will be more ready for sustained combat," she said. The admiral aims to have 80% of US naval forces ready to deploy and fight anytime. "We have learned a great deal about the future of war at sea," Franchetti said.

Persons: —, Lisa Franchetti, Franchetti, Xi Jinping, Xi, Joe Biden, It's, Yemen's Houthi, we've Organizations: Service, US Navy, Business, Naval War College, Democratic Progressive Party, Navy, Star, Pacific Fleet, Russia, Associated Press, 6th, Joint Chiefs, Staff Locations: China, Beijing, Taiwan, Rhode Island, People's Republic of China, Japan, South China, Russia, Iran, Republic of China, Washington, Ukraine

☆ A Navy SEAL unit that killed Osama bin Laden may be training Taiwanese forces to defeat a possible Chinese invasion, experts say
▼ + stars: | 2024-09-18 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +9 min

Read previewAn elite Navy SEAL unit may be preparing Taiwanese forces for reconnaissance operations and missions to repel a Chinese invasion, retired Navy officers said after a report said the unit had been training for such an eventuality for over a year. AdvertisementAccording to three retired Navy officers, the unit may be training Taiwanese soldiers to fight back against China should it invade Taiwan. One, he told BI, "is training Taiwanese forces in reconnaissance and perhaps direct attack, focusing on missions that might be required to defeat a Chinese invasion." "Naval reconnaissance forces would locate Chinese forces for long-range attacks," he said, adding: "They might also launch attacks against offshore ships or shipping in Chinese ports." Reports have already given clues as to how the US is preparing for a possible Chinese invasion of Taiwan.

Persons: —, Osama bin Laden, Mark Cancian, Bradley Martin, Sam Tangredi, Graeme Thompson, Joe Biden, Samuel Paparo, Martin, Cancian, Daniel Ceng, Phil Davidson, Davidson, Feng Hao, Paparo, Frank Kendall, Kendall Organizations: Service, Navy SEAL, Financial Times, Business, Navy, Marine, Center for Strategic, International Studies, US Navy, Getty, Eurasia Group, Wall Street Journal, Reuters, International Institute for Strategic Studies, Pacific Command, Washington Post, Congressional Research Service, Senate Armed Services Committee, Theater Command, PLA, China Military, Anadolu, American Enterprise Institute, Institute for, Japan's Nikkei, RAND Corp, US Air Force, Air & Space Forces Association Locations: Virginia, Taiwan, Afghanistan, Yemen, Syria, Somalia, Pakistan, China, People's Republic of China, Pingtung County, AFP, Washington ,, Australia, United States, Taichung, Anadolu, Pacific

☆ TikTok says it's not spreading Chinese propaganda. The U.S. says there's a real risk. What's the truth?
▼ + stars: | 2024-09-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dilanianmug.Jpg | Ken Dilanian | ) www.nbcnews.com time to read: +11 min

Is TikTok trying to secretly influence Americans at the behest of the Chinese government? And an analysis of the ownership structure of TikTok parent company ByteDance, obtained by NBC News, argues that the company is deeply entangled with some of China’s major government propaganda organs. The most recent one, published last month, found that TikTok suppresses anti-China content compared to YouTube and other social media platforms. In recent years, according to media reports, Chinese government entities have increasingly taken golden shares in technology companies. “This report establishes that TikTok algorithms actively suppress content critical of the Chinese Communist Party (CCP) while simultaneously boosting pro-China propaganda and promoting distracting, irrelevant content,” the researchers wrote.

Persons: —, TikTok’s, China —, ’, TikTok, ” Democratic Sen, Mark Warner, — Casey Blackburn, National Intelligence —, ”, ByteDance, Blackburn, Strider, ” Strider, Wu Shugang, “ Organizations: Congress, D.C, Justice Department, NBC News, Network, Research, Rutgers University, YouTube, Department, U.S ., Appeals, District of Columbia, Supreme, Strider Technologies, Communist Party of China, ” Democratic, U.S, of Economic Security, Emerging Technology, National Intelligence, TikTok, Chinese Communist Party, CCP, Net Investment, Technology, Communist Party, China Central Radio, Television Station, Beijing State, Administration, Investment, China’s Ministry of Education Locations: United States, Washington, U.S, China, Tibet, TikTok, People’s Republic of China, Tiananmen, Hong Kong, ”, Xinjiang, Beijing

☆ Former CIA officer who spied for China sentenced to a decade in prison
▼ + stars: | 2024-09-12 | by ( Josh Campbell | ) edition.cnn.com time to read: +1 min

CNN —A former CIA officer arrested for espionage has been sentenced to 10 years in federal prison for conspiring to provide classified information to Chinese intelligence officials, according to the US Department of Justice. Alexander Yuk Ching Ma, 71, of Honolulu, had arranged for himself and a relative, who also previously worked for the CIA, to meet with Chinese security officers in Hong Kong and provide classified material in exchange for $50,000, according to his plea agreement. Ma pleaded guilty in May. Ma was later the target of an FBI undercover operation after applying to work as a linguist at the bureau’s Honolulu field office. During the course of his monitored employment with the FBI, Ma allegedly took a digital camera into the FBI office to photograph sensitive documents that he would then take to his handlers in China.

Persons: CNN —, Alexander Yuk Ching Ma, Ma, Salina Kanai Organizations: CNN, CIA, US Department of Justice, FBI, People’s, DOJ, Justice Department Locations: Honolulu, Hong Kong, People’s Republic of China, China, Salina, United States

☆ A top New York official was paid off by China with salted ducks, a job for her cousin, and millions to her husband's business: DOJ
▼ + stars: | 2024-09-04 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

Sun, 40, is accused of blocking Taiwanese officials' access to the New York governor's office and changing public messages from both governors to boost China's talking points, among other acts. According to the Justice Department, she also sent messages informing the Chinese consulate about Taiwan's requests to the governor's office. AdvertisementProsecutors said that during this time, Sun would use bogus invitation letters to set up meetings for Chinese officials with New York authorities. Hu has been charged by the Justice Department too, and is accused of laundering money and opening bank accounts with a relative's driver's license photo. AdvertisementA spokesperson for Hochul told Business Insider that the New York governor's office hired Sun more than 10 years ago.

Persons: —, Linda Sun, Kathy Hochul, Andrew Cuomo, Cuomo, Sun, Curtis, Chris Hu, Hu, that's, Hochul, Liu Pengyu, Jarrod Schaeffer, Sun's, Schaeffer Organizations: Service, New, Gov, Business, Justice Department, Queens, Hochul, New York Labor Department, Prosecutors, PRC, CCP, Chinese Communist Party, Sun, Ferrari Locations: China, Nanjing, York, New York, Honolulu, Jiangsu, Manhasset , New York, Washington

MANILA, Philippines — The Philippine government said Tuesday that it had filed a diplomatic protest against Beijing after Chinese jets flew dangerously close and fired a volley of flares in the path of a Philippine air force patrol plane over a disputed shoal in the South China Sea. The Southern Theater Command of the Chinese People’s Liberation Army said Saturday that a Philippine air force aircraft “illegally” entered the airspace above the shoal, which China claims, disrupting its combat training activities. The command sent jets and ships to identify, track and drive away the Philippine aircraft, it added. In 2013, China announced a new Air Defense Identification Zone over the East China Sea that covers a chain of disputed islands also claimed by Japan. Washington has repeatedly warned that it is obligated to defend the Philippines, its oldest treaty ally in Asia, if Filipino forces, ships and aircraft come under an armed attack, including in the South China Sea.

Persons: Romeo Brawner Jr, ” Brawner, Teresita Daza, Ferdinand Marcos Jr, ”, Jay Batongbacal, ” Batongbacal, Thomas Shoal Organizations: Philippine military’s, Scarborough, seaway, ” Department of Foreign Affairs, ”, China, Southern Theater Command, People’s Liberation Army, Philippine, U.S, Air Defense, East China, Institute for Maritime Affairs, Law, University of the, Washington Locations: MANILA, Philippines, Beijing, Philippine, South China, Manila, China, People’s Republic of China, United States, Australia, Canada, East, Japan, Washington, University of the Philippines, Brunei, Malaysia, Vietnam, Thailand, Scarborough, Asia

☆ 2 renowned strategists say the US should defend Taiwan with nuclear strikes. Experts say such talk is just a taste of what's to come.
▼ + stars: | 2024-08-02 | by ( Matthew Loh | ) www.businessinsider.com time to read: +13 min

The US once floated nuclear retaliation in 1958 if China invaded Taiwan, and stationed nuclear weapons on the island until 1974. It would essentially tell Beijing that an invasion of the island risks nuclear war, he said. "What's the benefit of reassuring Xi that our nuclear weapons are not relevant?" "So relatively low-yield nuclear weapons could destroy that amphibious force and do little to no collateral damage onshore in Taiwan." He added that threatening war — much less nuclear war — over Taiwan would be deeply unpopular at home.

Persons: —, David Kearn, Kearn, — he'd, Greg Weaver, Weaver, Obama, Matthew Kroenig, James Acton, Greg, Matt, Kroenig, Lyle Goldstein, Goldstein, we're, Acton, Francesca Giovannini, Giovannini, Xi Jinping, Xi, It's, Marshall Billingslea, Billingslea, Rebeccah Heinrichs, Jake Werner Organizations: Service, John's, Atlantic Council, Pentagon, Business, RAND, US Defense, Joint Chiefs of Staff, Defense Department, Nuclear, Carnegie Endowment, International, China Initiative, Brown University, International Peace, Harvard University's Kennedy, Georgetown University, US State Department, Hudson, Keystone Defense Initiative, Kroenig, East Asia, Quincy Institute, Responsible, Johns University Locations: St, Taiwan, China, Beijing, Washington, Korea, Japan, Taiwan Strait, Washington , DC, Guam, South China, Russia, United States, Bejing, South Korea

☆ Justice Department responds to TikTok lawsuit, argues algorithm could allow Chinese government to influence US elections
▼ + stars: | 2024-07-27 | by ( Hannah Rabinowitz | Evan Perez | ) edition.cnn.com time to read: +5 min

CNN —Allowing TikTok to continue to be operated by its current parent company could allow the Chinese government to covertly influence US elections, the Justice Department said in a court filing late Friday. The filing is in response to a federal lawsuit TikTok brought against the US government in May in an attempt to block a law that could force a nationwide ban of the app. In their lawsuit, TikTok and Bytedance say that US law is unconstitutional because it runs afoul of free speech rights and prevents Americans from accessing lawful information. “TikTok application collects vast swaths of sensitive data from its 170 million U.S. users,” the DOJ filing reads. The Friday filing makes clear that law enforcement officials believe TikTok could – and has in some instances – taken direction from the Chinese government.

Persons: ”, TikTok, Joe Biden, Lisa Monaco, ” Monaco Organizations: CNN, Justice Department, The Justice Department, DOJ, Prosecutors Locations: United States, China, American, People’s Republic of China

☆ Russia and China are gaining ground on the US in Latin America, US commander says
▼ + stars: | 2024-07-22 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +5 min

Read previewRussia and China are trying to compete with the US for influence in Latin America, according to the US Southern Command commander. Kevin Riehle, a former FBI counterintelligence officer, told BI last December that Russia was using South America to obtain fake identities for its spies. AdvertisementDaniel P. Erikson, deputy assistant secretary of defense for the Western Hemisphere, also warned of Chinese and Russian threats in Latin America at an Atlantic Council event in February. Latin America, in the post-Cold War era, has not seen major wars, the prospect of nuclear weapons, or US rivals seeking to establish military bases and alliances directly, he said. "Nonetheless, the economic needs of Latin America and weak governance in many cases have opened the door for predatory, non-transparent deals, particularly with the PRC, which has expanded its influence," he said, using the initials of the People's Republic of China.

Persons: —, Laura J, Richardson, Vyacheslav Volodin, Craig Faller, Kevin Riehle, Daniel P, Erikson, Evan Ellis, Ellis Organizations: Service, US Southern Command, Aspen Security, Initiative, Business, Russian, Institute for, West . Belarus —, US Special Operations Command, FBI, Strategic, International Studies, Atlantic Council, US Army, Strategic Studies Institute, Southern Command Locations: Russia, China, Latin America, Colorado, America, Nicaragua, Cuba, Venezuela, West . Belarus, Belarus, South America, Washington, DC, Caribbean, East, Ukraine, People's Republic of China, Iran, United States

☆ The West must be ready to face the 'deadly quartet' of global adversaries, analysts warn
▼ + stars: | 2024-07-18 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

"We're confronted by a deadly quartet of nations increasingly working together," he said, in comments reported by Sky News. The coalition described Moscow as having "shattered" peace and stability in the West and having "gravely undermined global security." Russia and North Korea deny arms transfers have taken place. Ian Bremmer, founder and president of Eurasia Group, said the latest NATO summit showed that the West and its opponents appeared to be positioning themselves in a "new Cold War posture." Russia, North Korea and Iran are already under substantial international sanctions, and those restrictions on trade and key sectors have arguably pushed them closer together.

Persons: George Robertson, We're, …, Robertson, Russia's, Xi Jinping, Vladimir Putin, Pedro Pardo, Lin Jian, Ian Bremmer, Ed Arnold Organizations: State, Government, NATO, Government Summit, Washington DC, Anadolu, Getty, Sky News, Forum, International Cooperation, of, People, Afp, Ukraine, European Union, Eurasia Group, Alliance, European Security, International Security, Royal United Services Institute Locations: Washington, United States, Russia, China, North Korea, Iran, Beijing, Ukraine, Moscow, PRC, People's Republic of China, Europe

Search resuls for: "PRC"

25 mentions found