Integrity Tech has been accused of helping the advanced persistent threat group Flax Typhoon with the infrastructure needed to carry out its attacks.
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U.S. manufacturers will see an impact from China sanctions in 6 months: Dennis Unkovic
Dennis Unkovic, Meyer, Unkovic & Scott partner, joins ‘Fast Money’ to talk possible retaliation from China in the event of increased U.S. tariffs.
Feds Sanction Chinese Firm for Helping ‘Flax Typhoon’ Hackers
The Treasury Department says Integrity Tech operated Flax Typhoon’s botnet—a network of at least 260,000 compromised devices that helped the attackers hide their identities.
China to Subsidize Smartphone Purchases in Bid to Lift Spending
China will expand consumption subsidies to cover smartphones and other electronics, in a step to promote domestic spending as external headwinds pick up.
Apple iPhones Lose Ground In China As Subsidies Boost Huawei, Domestic Rivals
November sales of foreign-made phones in China plummeted as Apple struggles to maintain market share in the face of China’s government subsidies and support of its domestic brands.
Foreign phone sales plunge 47% in China spelling trouble for Apple
Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.
US sanctions China’s Integrity Technology over alleged hacking sweep
The U.S. on Friday sanctionedChina’s Integrity Technology Group, accusing it of being behind a prolific hacking group known as “Flax Typhoon.” …
Edith Yeung Sees Big Things to Come for Crypto in Hong Kong
A venture capitalist who was one of the first investors in Solana says building liquidity is now key to Hong Kong’s development as a crypto hub.
China’s economy still hasn’t fully emerged from the pandemic as a new year dawns
Weak consumer demand is just one of a range of factors plaguing the economy as the calendar turns from 2024 to 2025, even after policy makers meted out stimulus measures throughout the past year.
Big moves expected for crypto in Asia in 2025: Asia Express
Trump may take aim at digital yuan’s overseas expansion, Korean institutions will remain sidelined from crypto, and more: Asia Express 2025.
US issues cybersecurity sanctions against China’s Integrity Technology
The United States on Friday issued fresh cybersecurity sanctions against Integrity Technology Group, a Chinese company involved in computer programming, a posting on the Treasury Department website …
Hong Kong Rebounds, Shanghai Falls Amid US-China Trade Tensions
Hong Kong’s Hang Seng Index climbed 0.7 percent on Friday to close at 19,760.27, recovering from Thursday’s losses, while mainland Chinese markets posted sharp declines. The Shanghai Composite Index dropped 1.
Oil prices rise on China optimism as investors return after holiday
Oil prices rose on Thursday as investors returned for the first trading day of the new year with an optimistic eye on China’s economy and fuel demand after a pledge by President Xi Jinping to…