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Huawei Sting Offers Rare Glimpse of the U.S. Targeting a Chinese Giant

bloomberg.com

31–40 of 72 posts

Re: Huawei Sting Offers Rare Glimpse of the U.S. Targeting a Chinese Giant

#31
post #28

Is there anything that Huawei does that Western companies don't do, such as trying to steal their competitors secrets? https://www.digitaltrends.com/business/google-sues-uber-over... https://www.bbc.co.uk/news/technology-43010348 For any older person this is no news. Didn't we something like this with Hitachi in the 80s? Of course the authorities try to ban purchases from foreign companies that steal American company…

My instinct is anything our government screams at another country about, security-wise, is simply projecting the fear that everyone else is going to do the exact same thing our government is doing. Huawei might have back doors for the Chinese govt.? Oh, you mean like the FBI, NSA, and CIA have tried to (or maybe successfully) force(d) Apple, Microsoft, Facebook and Google to do?

When US intelligence goals directly oppose US business goals then the enemy has already won.

Re: Huawei Sting Offers Rare Glimpse of the U.S. Targeting a Chinese Giant

#32

Super long read only to find out at the end, it might be nothing at all.

I wouldn’t necessarily say Meng being indicted is “nothing at all.” Nonetheless, the story does a great job of illustrating what type of activities LE must do during a type of operation and investigation of this magnitude.

Re: Huawei Sting Offers Rare Glimpse of the U.S. Targeting a Chinese Giant

#33
post #20

Earlier quoted context omitted.

Perhaps the agenda is just negative PR on Huawei.

Perhaps US police have shoved too many of these cases under the rug and now they need a scape goat because it is becoming too obvious that US companies cannot bribe, influence, or demand justice from their own government when the opposition is "businesses" with the backing and protection of China.

"too obvious that US companies cannot bribe, influence, or demand justice from their own government"

In what alternative universe this is happening?!

Re: Huawei Sting Offers Rare Glimpse of the U.S. Targeting a Chinese Giant

#34
post #22

Earlier quoted context omitted.

Yep, this isn't the first story in recent memory from Bloomberg that smells like much ado about NOTHING. What's going on with them?

Well Bloomberg reporters get bonuses based on how much the their stories move the market. Huawei is traded on the Shanghai Exchange so the incentives for the reporter are to make the stock tank (or pop, I guess).

> Well Bloomberg reporters get bonuses based on how much the their stories move the market.

This sounds made up?

Re: Huawei Sting Offers Rare Glimpse of the U.S. Targeting a Chinese Giant

#35
Sounds like the FBI is just flailing around, and latching onto bottom feeders in the smartphone components industry in an attempt to find dirt on Huawei. This case is a good example: AKHAN had 28 employees and was going on 80 in 2014, but now it only has 5 employees and has zero revenue.

https://www.chicagobusiness.com/article/20140917/BLOGS11/140...

Also, how does a startup without any sales dollars afford the services of Thompson Coburn LLP? And just LOL at Adam's final claim around disclosing the FBI investigation to help with landing a customer: do you think federal agents would have allowed him to break his non-disclosure agreements if this investigation had merit? Whole thing is pretty fishy

Re: Huawei Sting Offers Rare Glimpse of the U.S. Targeting a Chinese Giant

#36

Earlier quoted context omitted.

Perhaps US police have shoved too many of these cases under the rug and now they need a scape goat because it is becoming too obvious that US companies cannot bribe, influence, or demand justice from their own government when the opposition is "businesses" with the backing and protection of China.

"too obvious that US companies cannot bribe, influence, or demand justice from their own government" In what alternative universe this is happening?!

Sorry, that should have been followed with an, "As they do in China." In the US its more like, "report the issue and watch US authorities sit on it and do fuck all"

Re: Huawei Sting Offers Rare Glimpse of the U.S. Targeting a Chinese Giant

#37
post #22

Earlier quoted context omitted.

Well Bloomberg reporters get bonuses based on how much the their stories move the market. Huawei is traded on the Shanghai Exchange so the incentives for the reporter are to make the stock tank (or pop, I guess).

> Well Bloomberg reporters get bonuses based on how much the their stories move the market. This sounds made up?

It’s not made up, Bloomberg acknowledges it. https://www.businessinsider.com/bloomberg-reporters-compensa...

FTA: We asked Bloomberg about the practice. A company spokesperson acknowledged it.

"It isn't news unless it's true. At Bloomberg News, the most important news is actionable. That means we strive to be first to report surprises in markets that change behavior and we put a premium on reporting that reveals the biggest changes in relative value across all assets."

Re: Huawei Sting Offers Rare Glimpse of the U.S. Targeting a Chinese Giant

#39
post #37

Earlier quoted context omitted.

> Well Bloomberg reporters get bonuses based on how much the their stories move the market. This sounds made up?

It’s not made up, Bloomberg acknowledges it. https://www.businessinsider.com/bloomberg-reporters-compensa... FTA: We asked Bloomberg about the practice. A company spokesperson acknowledged it. "It isn't news unless it's true. At Bloomberg News, the most important news is actionable. That means we strive to be first to report surprises in markets that change behavior and we put a premium on reporting that reveals the…

Reporting on changes and causing changes aren't the same thing. That's like saying that climate scientists are responsible for climate change because they're reporting on it.

Re: Huawei Sting Offers Rare Glimpse of the U.S. Targeting a Chinese Giant

#40
post #22

Earlier quoted context omitted.

Yep, this isn't the first story in recent memory from Bloomberg that smells like much ado about NOTHING. What's going on with them?

Well Bloomberg reporters get bonuses based on how much the their stories move the market. Huawei is traded on the Shanghai Exchange so the incentives for the reporter are to make the stock tank (or pop, I guess).

> Bloomberg reporters get bonuses based on how much the their stories move the market.

I was surprised to learn this is true!

https://www.businessinsider.com/bloomberg-reporters-compensa...

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