Exclusive: EU cites Chinese telecoms Huawei and ZTE for trade violations
NEW YORK - Europe's top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines.
EU agrees China solar panel duties in boldest move yet
BRUSSELS - The European Commission agreed on Wednesday to impose punitive import duties on solar panels from China in a move to guard against what it sees as Chinese dumping of cheap goods in Europe.
Found 1 week ago on channel Reuters
Uber CEO Kalanick Denies Pitching Investors For Funding At A $1B Valuation
Uber CEO Travis Kalanick said that he hasn’t spoken to investors in a year and half about raising capital, denying reports that the company is raising funding at a $1 billion valuation. Reuters reported that story earlier today, citing one source. We had heard similar rumors over the past few weeks but they weren’t substantiated enough to report. That said, just because Kalanick isn’t speaking to investors about raising money, that doesn’t mean that VCs or private equity firms aren’t courting him to take their money. The company, which pioneered on-demand taxi and black cab rides directly from your mobile phone, has raised nearly $50 million to date. The most recent $37 million round was led by Menlo Ventures, which aggressively outbid other competitors on valuation to win the deal. Bill Gurley, a general partner at Benchmark Capital, which came in on Uber’s Series A round, said the company is growing faster than eBay. Uber now lists about 30 different geographic locations around ...
3G and 4G USB Modems Are Security Threat, Black Hat Presenter Says
alphadogg writes "The vast majority of 3G and 4G USB modems handed out by mobile operators to their customers are manufactured by a handful of companies and run insecure software, according to two security researchers from Russia. Researchers Nikita Tarakanov and Oleg Kupreev analyzed the security of 3G/4G USB modems obtained from Russian operators for the past several months. Their findings were presented this week at the Black Hat Europe 2013 security conference in Amsterdam. Most 3G/4G modems used in Russia, Europe, and probably elsewhere in the world, are made by Chinese hardware manufacturers Huawei and ZTE, and are branded with the mobile operators' logos and trademarks, Tarakanov said. Because of this, even if the research was done primarily on Huawei modems from Russian operators, the results should be relevant in other parts of the world as well, he said."
Found more than 1 month ago on channel Slashdot
Europe searches for charms to lure Chinese tourists
BERLIN/MADRID (Reuters) - European countries will need to focus less on beach holidays and more on communist history, rolling landscapes and even poetic trees if they want to take advantage of...
Found more than 1 month ago on channel Reuters