More than 60 individuals, including government officials and telecommunications employees, have been implicated following a corruption investigation involving a senior executive at China Mobile (CHL.NYSE, 0941.HK), state media reported. Ma Li, deputy manager of China Mobile’s data service division, was arrested by authorities in March on corruption allegations involving US$17 million. Sources say that Ye Bing, the […]
Category: Tech, Media & Telecom
The surge in Chinese dot-com listings may be a bubble, but it has little in common with its American predecessor, argues tech pundit Frank Yu
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Smooth criminal
Longtop Financial’s downfall suggests fraud is far more widespread than most imagined
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Renren
No use waiting for this one to get cool
Steve Ballmer, CEO of Microsoft (MSFT.NYSE, MSFT.NASDAQ), decried rampant software piracy in China during a talk with Microsoft employees in the country, the Wall Street Journal reported. Ballmer said that despite the US and China having nearly equal volume of computer sales, Microsoft’s revenues in China are just 5% of that in the US. The […]