Authorities Charge Chinese Telecom Company with Stealing Trade Secrets

Federal authorities charged China-based telecommunications firm Hytera Communications with conspiring to steal trade secrets from a U.S. company, the Department of Justice (DOJ) announced Monday.

Hytera allegedly recruited employees from U.S. telecommunications company Motorola to steal digital mobile radio (DMR) technology, according to an indictment unsealed Monday. The Chinese company then allegedly used Motorola’s technology to accelerate the development of its own DMR products, the DOJ announced.

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Tony Podesta Has Now Earned $1 Million Lobbying Biden White House for Blacklisted Chinese Tech Giant

Democratic lobbyist Tony Podesta has earned at least $1 million to lobby the White House on behalf of Huawei, a Chinese technology and telecommunications company blacklisted under the Trump administration.

Podesta, brother of Hillary Clinton’s 2016 presidential campaign chairman John Podesta, received $500,000 from Huawei to lobby the Executive Office of the President between October and December of 2021, according to lobbying disclosures filed late Thursday. Huawei first hired Podesta in July 2021 and paid the long-time Democrat operative $500,000 to lobby the White House from July to September 2021.

Podesta lobbied on “issues related to telecommunication services and impacted trade issues,” according to disclosure forms.

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Eight Industries Venezuela Nationalized (Besides Oil)

Caracas, Venezuela

Venezuela has experienced one of the sharpest economic declines in modern history—rampant inflation, near-famine, and an exodus of millions of asylum seekers. Yet there remains disagreement over what caused it.

Many refuse to blame socialism, instead citing the collapse of oil prices, corruption, its abandonment of democracy, and other factors. If socialism did play a role, it was a small one, says Venezuelan writer Francisco Toro in the Washington Post, citing “a unique mix of circumstances, in which socialism is just one ingredient.”

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