Britain's cyber-security watchdog has warned telecommunications companies against dealing with the Chinese manufacturer ZTE, citing "potential risks" to national security. The US commerce department has imposed a seven-year-ban on companies selling products and services to ZTE – which makes mobile phones and network equipment – alleging it failed to crack down on personnel who sold sensitive US technology to Iran and North Korea. ZTE halted trading of its shares in Hong Kong and Shenzhen on Tuesday following the announcement of the US ban, while Beijing warned it would "safeguard" its companies if necessary. In Britain, the National Cyber Security Centre (NCSC) said: "NCSC assess that the national security risks arising from the use of ZTE equipment or services within the context of the existing UK telecommunications infrastructure cannot be mitigated." According to the Financial Times, a letter from the NCSC to companies states that the UK telecoms network already contains a "significant amount" of equipment supplied by Huawei, also a Chinese manufacturer.
This picture taken on May 3, 2018 shows the ZTE logo on an office building in Shanghai. Telecom giant ZTE may have temporarily escaped a "death sentence," after the U.S. tentatively lifted a ban that would have blocked the Chinese company's access to American technology, but its outlook is anything but certain as it reels from mounting losses, management tumult and renewed political uncertainties. The Shenzhen-based company had about $6 billion wiped off its market value in just three days last week after its shares finally resumed trading on both the Hong Kong and Shenzhen stock exchanges. The company's stock had been suspended since mid-April when the sanctions were announced. ZTE said on June 8 it had agreed to pay a total of $1.4 billion in fines and overhaul its senior management ranks in exchange for removing a ban on purchasing the components and services needed for assembling its smartphones and telecom gear.
The bombshell Paradise Papers are reportedly implicating key members of the Trump administration. On Nov. 5, one of the largest data leaks in history revealed the offshore endeavors of some of the world's most influential people. The Paradise Papers refers to a trove of 13.4 million documents that expose the offshore assets of some of the world's biggest companies such as Nike, Apple, and Uber. The leak, which is one of the biggest in history and comes about 18 months after the Panama Papers leak, exposes how these companies and individuals "avoid taxes through increasingly imaginative bookkeeping maneuvers," according to the International Consortium of Investigative Journalists, a global network of more than 200 investigative journalists in 70 countries who collaborate on in-depth investigative stories, according to its website, which has access to the documents. Most of the leaked files come from an offshore legal firm called Appleby, which was founded in Bermuda but has offices in Hong Kong, the Cayman Islands, Shanghai, and other locations.
WASHINGTON - The U.S. is considering cutting off the flow of vital American technology to five Chinese companies including Megvii, widening a dragnet beyond Huawei to include world leaders in video surveillance as it seeks to challenge China's treatment of minority Uighurs in the country's northwest. The U.S. is deliberating whether to add Megvii, Zhejiang Dahua Technology Co., Hangzhou Hikvision Digital Technology Co. and two others to a blacklist that bars them from U.S. components or software, people familiar with the matter said. The two others under consideration are Meiya Pico and Iflytek Co. Ltd., according to one of the people. The Trump administration is concerned about their role in helping Beijing repress minority Uighurs, they said, asking not to be identified talking about private deliberations. There's concern also that Hikvision or Dahua's cameras, which come with facial-recognition capabilities, could be employed in espionage, the people said.
A humanoid robot named Yangyang is the latest to be revealed in China. Dressed in a full-length coat, the android can display a wide range of facial expressions and can speak, move its head, and raise its hands to greet people convincingly. And the machine bears an uncanny - yet apparently accidental - resemblance to former Governor of Alaska, Sarah Palin. Yangyang is one of a number of impressively realistic robots to be unveiled at the Global Mobile Internet Conference (GMIC) 2015 in Beijing, China. The android was produced jointly by China's Shanghai Yangyang Intelligent Robot Science Service Centre and renowned Japanese robotics professor Hiroshi Ishiguro, who has created some of the world's most eerily lifelike androids.