August 18, 2022

‘Made in China 2025’: is Beijing’s plan for hi-tech dominance as big a threat as the West thinks it is?

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Elaine Chan From South China Morning Post The ‘Made in China 2025’ plan aims to break China’s reliance on foreign technology and pull its hi-tech industries up to Western levels. But it has become a lightning rod for Washington’s ire in its trade war with Beijing. This article – the first in a series on […]

How Facebook stole the news business

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By Josh Constine From TechCrunch Big news outlets stupidly sold their soul to Facebook. Desperate for the referral traffic Facebook dangled, they spent the past few years jumping through its hoops only to be cut out of the equation. Instead of developing an owned audience of homepage visitors and newsletter subscribers, they let Facebook brainwash […]

The saga of the unnamed bank: FinTRAC statement

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By NORTON ROSE FULBRIGHT From ILO Banking Canada In April 2016 Canadian news media reported that the Financial Transactions Reports Analysis Centre (FinTRAC) had levied a penalty of over C$1 million against an unnamed Canadian bank for certain violations of its anti-money laundering requirements. Since then, FinTRAC has faced criticism from the public and the […]