The chair of the Foreign Affairs Committee of the US House of Representatives had a few choice words for Yahoo after discovering company executives knew more than they let on about the arrest of Shi Tao, a Chinese journalist jailed for speaking against the state.
EU Investigation Goes Beyond Google
When the European Union confronted Google over its data retention policies, some people – including Google’s own global privacy counsel – wondered why Yahoo, Microsoft, and a number of other companies were left alone. Now it appears that the EU is going to take a look at them, after all.
CNet, Others Under Options Investigation
Federal prosecutor Kevin Ryan of the Northern California U.S. Attorney’s office announced the formation of a Justice and FBI task force to investigate several tech firms over the practice of backdating stock options.
China Says Exports Slowing, EU To Launch Investigation
China’s trade minister says that the pace of textile imports in the EU from China is starting to slow.
OfficeMax Investigation Leads to CEO Resignation
OfficeMax president and CEO, Christopher C. Milliken has resigned resulting from a probe into improper vendor payments.