WikiLeaks: Chinese Government Ordered Hack on Google (GOOG, BIDU)
Get Alerts GOOG Hot Sheet
Join SI Premium – FREE
The sophisticated cyber attack that led to the end of Google Inc. (NASDAQ: GOOG) cooperating with regulations in China, may have been orchestrated by the nation's government.
Leaked U.S. diplomatic cables, gathered by the WikiLeaks website, showed that China started putting increased pressure on Google over the years and may have stepped up intimidation efforts last year by asking state-owned telecommunications companies to stop working with the world's No. 1 search engine company.
The names of the sources on some of the cables were redacted, making the information difficult to verify.
The situation with Google leaving China, the world's largest Internet market, has led to the rise of Baidu Inc. (NASDAQ: BIDU) as an Internet giant.
Leaked U.S. diplomatic cables, gathered by the WikiLeaks website, showed that China started putting increased pressure on Google over the years and may have stepped up intimidation efforts last year by asking state-owned telecommunications companies to stop working with the world's No. 1 search engine company.
The names of the sources on some of the cables were redacted, making the information difficult to verify.
The situation with Google leaving China, the world's largest Internet market, has led to the rise of Baidu Inc. (NASDAQ: BIDU) as an Internet giant.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Google execs convened 'all-hands' meeting last week to address AI unit reorganizations amid staff concerns - Reuters
- Susquehanna Downgrades The Trade Desk (TTD) to Neutral
- Baidu (BIDU) call put ratio 1.6 calls to 1 put with a focus on August 130 calls into quarter results
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share