U.S. urged to tighten cyber security to counter Chinese hacking

By Mark Hosenball and Matt Spetalnick WASHINGTON (Reuters) – The United States must beef up cyber security against Chinese hackers targeting a broad range of U.S. interests to raise the cost to China of engaging in such activities, America's top intelligence official said on Thursday.

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Exclusive: U.S. weighs sanctioning Russia as well as China in cyber attacks

By Arshad Mohammed, Matt Spetalnick and Mark Hosenball WASHINGTON (Reuters) – The United States is considering sanctions against both Russian and Chinese individuals and companies for cyber attacks against U.S.

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Ashley Madison owner says website still adding users after data hack

Hundreds of thousands of people signed up for infidelity website Ashley Madison in the last week, parent company Avid Life Media said on Monday, even after hackers leaked data about millions of its clients. “Recent media reports predicting the imminent demise of Ashley Madison are greatly exaggerated,” the company said in a statement

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China car services firm Tuhu raises $100 million from Joy Capital, Welkin

Tuhu, a Chinese online platform for automobile services and products, said on Tuesday it raised about $100 million from a group of investors including venture capital firm Joy Capital, looking to expand its distribution network and warehouses. Joy Capital, whose founders include the former head of telecommunications investments at Legend Capital, led the funding round, Tuhu Founder and Chief Executive Min Chen said. Other investors included private equity firm Welkin, leasing company Far East Horizon Ltd and existing Tuhu investors such as Legend Capital and Qiming Venture Partners.

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GE unveils customized cloud service in industrial data push

General Electric Co said on Wednesday it is developing a cloud-based service tailored for industrial customers, the latest step in the U.S. conglomerate's effort to gain business from data generated by machines. GE Chief Executive Jeff Immelt has bet on developing analytics and software for customers of the company's jet engines, power-generating turbines, healthcare equipment and other industrial products.

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U.S. airs deep concerns over cyber security in China meetings

By Jason Lange and David Brunnstrom WASHINGTON (Reuters) – The United States said on Tuesday that cyber theft sponsored by the Chinese government was a major problem and stressed the need to keep Asian sea lanes open as the world's two biggest economies held annual talks aimed at maintaining working relations in spite of rising tensions. At the wide-ranging Strategic and Economic Dialogue in Washington, both sides expressed a desire for constructive relations, with China saying the two countries could manage differences and should avoid confrontation.

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China’s Zhang hopes U.S. removes barriers to investment

The United States should remove barriers to Chinese investment for national security reasons, said Zhang Xiangchen, a deputy trade minister at the Ministry of Commerce. Zhang said the world’s two largest economies are committed to further improve market access to each others’ investors as part of talks on a Bilateral Investment Treaty (BIT), though both economies have further to go.

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U.S. employee data breach tied to Chinese intelligence

By Joseph Menn SAN FRANCISCO (Reuters) – The Chinese hacking group suspected of stealing sensitive information about millions of current and former U.S. government employees has a different mission and organizational structure than the military hackers who have been accused of other U.S. data breaches, according to people familiar with the matter

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