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Michael A. Katz

Snowden: Facebook, Google ‘Dangerous,’ 'Get Rid' of Dropbox

Oct 12, 2014 08:18 PM EDT

NSA whistleblower Edward Snowden called Facebook and Google "dangerous services" while suggesting people "get rid" of Dropbox and use SpiderOak instead. He also said that iCloud data isn't encrypted.

Humble Vegetable Vendor Donates $330,000 to Charity, Puts Tuhao to Shame

Michael A. Katz |

Oct 11, 2014 07:10 PM EDT

Amid the surging conspicuous wealth and luxury of modern China, 63-year old vegetable vendor Chen Shu Chu has put the nouveau riche to shame by donating $330,000 to charity.

U.S. to Fine Chinese Firms Importing Cleaning Chemicals

Michael A. Katz |

Oct 10, 2014 03:42 PM EDT

The U.S. Department of Commerce said it will levy fines against Chinese companies importing into the chlorinated isocyanurates U.S. , which are used as sanitizing, disinfecting and bleaching agents.

Chinese Tourists Unfazed by Hong Kong Protests

Michael A. Katz |

Oct 10, 2014 02:44 PM EDT

The recent protests and demonstrations in Hong Kong have not deterred Chinese tourists from visiting the city as tourist numbers surge beyond last year's numbers.

Chinese IPOs Skyrocket

Michael A. Katz |

Oct 10, 2014 02:06 PM EDT

Between July and September of this year, 54 Chinese companies launched initial public offerings, raising nearly $30 billion.

Investors look at computer screens showing stock information at a brokerage house in Shanghai.

China May Allow Individuals to Invest Overseas

Michael A. Katz |

Oct 10, 2014 01:15 PM EDT

The Chinese government is mulling over whether it should allow individuals to invest directly in oversease markets and exchanges, said a central bank official.

GM, Ford Report Strong Sales in China

Michael A. Katz |

Oct 10, 2014 11:17 AM EDT

U.S. automakers GM and Ford saw significant sales increases during the first three quarters of 2014 and for the month of September.

Actor Kai Ko was given 14 days detention for using drugs in his home.

China Bans Stars Who Use Drugs, Prostitutes

Michael A. Katz |

Oct 09, 2014 05:41 PM EDT

In a move that would likely put most of Hollywood out of work if implemented in the U.S., China has ordered entertainment companies to stop hiring stars who use drugs or visit prostitutes.

U.S. Group Urges China to Speed Up Economic Reforms

Michael A. Katz |

Oct 09, 2014 04:06 PM EDT

A group of U.S. companies that does business with China is calling on that country's government to speed up implementation of proposed economic reforms.