AP Cyber Corner
AP Cyber Corner
Jul. 05, 2018
IN THE NEWS: CHINA AND U.S. NEAR TRADE WAR WITH TECH AT FOREFRONT
BEIJING (AP) — Who'd win a trade war between the U.S. and China? Hard to tell as there are growing fears that the two countries will engage in a tariff war starting tomorrow, when both start slapping levies on billions of dollars' worth of each other's products. On the one hand, some fear China may threaten U.S. leadership in robots, electric cars and other advanced technologies. For example, China assembles some 90 percent of the world's smartphones, computers and other electronics. But most of the revenue flows to American companies that supply computer chips and other technology. At the same time, China relies heavily on technology that comes from the West.
IN THE NEWS: KIM DOTCOM - EXTRADITION
WELLINGTON, New Zealand (AP) — Internet entrepreneur Kim Dotcom and three of his former colleagues have lost their latest bid to avoid extradition to the U.S. to face criminal charges. New Zealand's Court of Appeal voted today to uphold earlier court rulings that found the men could be handed over to U.S. authorities. Dotcom's lawyer says he and his client are disappointed and plan to file an appeal with New Zealand's Supreme Court. The latest decision comes more than six years after U.S. authorities shut down Dotcom's file-sharing website Megaupload — and filed charges of conspiracy, racketeering and money laundering against the men. If found guilty, they could get decades in prison.
IN THE NEWS: NEW REQUEST FOR CYBERCRIME SUSPECT TO BE TURNED OVER TO RUSSIA
THESSALONIKI, Greece (AP) — Russian authorities have sent a new extradition request to Greece for a Russian cybercrime suspect — a suspect who is also being sought on criminal charges by both the U.S. and France. The suspect, Alexander Vinnik, is a former bitcoin platform operator. Vinnik isn't contesting the new bid to be sent to Russia. The Greek supreme court had already approved Vinnik's extradition to the U.S. for allegedly laundering billions of dollars through bitcoin. Vinnik is fighting that decision.
by Oscar Wells Gabriel II
Follow Oscar Wells Gabriel II on Twitter at https://twitter.com/OWGabriel2